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To help car shoppers find the best deals for Fourth of July 2025, we lead with cash offers available to shoppers at large, not those that require financing with the automaker or having certain ...
The price paid for new cars in May fell 0.2% on average compared to the month before, according to data from Edmunds, and they rose only 2.5% compared to the pre-tariff period in March.
So, higher-income households will see less benefit. The deduction applies to new cars with loans originating after December 31, 2024, and only if the vehicle has final assembly in the U.S.
If you can live without the new-car smell, used EVs' average listing price this year is about $20,000 less than for new models, according to Kelley Blue Book. You can also get a $4,000 tax credit ...