New-Car Prices Hold Near $49,000 as U.S. Inventory Climbs, Cars.com Reports

Reuters11-01

New-Car Prices Hold Near $49,000 as U.S. Inventory Climbs, Cars.com Reports

Cars.com Inc. has released its Q3 2025 Industry Insights Report, highlighting stability in the U.S. auto market despite ongoing policy changes and tariff uncertainty. The report shows that average new-car prices have held steady near $49,000 for the past two years, with U.S.-built vehicles now making up 56% of dealer supply. Mass-market new-car prices dipped slightly to just over $45,000, while luxury vehicle prices rose 3% to about $72,000, although luxury models represent only 15% of total inventory. The used-vehicle market remains tight, with inventory down 0.6% year over year and prices up 2.8%. Vehicles are selling faster, averaging 50 days on dealer lots. In the wholesale market, prices dropped 3.4% from the previous quarter, with electric vehicles (EVs) experiencing the sharpest correction-down 10.4% quarter over quarter and 17% year over year. Gas-powered vehicles saw smaller declines. The report attributes steady new-car pricing to strategic promotions, disciplined inventory management, and automakers temporarily absorbing increased production costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cars.com Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG12636) on October 31, 2025, and is solely responsible for the information contained therein.

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