2025 Car Prices: 10 Models with the Biggest MSRP Increases

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Key Takeaways

  • Despite growing APR and lease incentives, new car MSRPs continue to rise
  • Looking to 2025, car prices will likely continue to exceed overall inflation rates
  • From Subaru and Ford to luxury models, the MSRP increases are industry-wide

Despite an abundance of inventory and high interest rates, new car prices keep rising, and 2025 car prices are no exception. Many automakers are increasing the starting prices of their vehicles at a pace that far exceeds inflation. Time and time again, we’ve seen automakers drop affordable base models, despite consumer appetite for cheaper options. Here are 10 models with the biggest MSRP increases for the 2025 model year. Note that all prices include mandatory destination fees.

Stay tuned for Part 2: The New Cars with the Lowest MSRP Hikes for 2025

2025 Cadillac CT5

Base MSRP: $48,990 (23% Increase)

2025 Cadillac CT5 price increase

With a base MSRP of $48,990, the CT5 has seen a whopping 23% increase. The CT5 Sport,  the most popular spec, sees a 10% price increase for 2025. These hikes reflect Cadillac’s efforts to shift the brand to an even more upscale clientele. However, this comes at a notable cost, pushing Cadillac CT5 prices ever higher, and out of reach for more buyers.

2025 Toyota GR Supra

Base MSRP: $57,345 (20% Increase)

2025 Toyota Supra price increase

With the elimination of the 4-cylinder Supra, Toyota’s classic sports car sees a much higher cost of entry. For buyers who prefer the more common GR Supra 3.0, prices increase ‘only’ $800. But at least all Supra variants now come with a 382-horsepower turbocharged engine,

2025 MINI Cooper

Base MSRP: $29,945 (12% Increase)

2025 Mini Cooper price increase

MINI Cooper Hardtop prices have risen 23% over the past 5 years. These MSRP hikes have made a beloved brand once associated with affordability less attainable for many. The base MINI Cooper saw a 12% price increase for 2025. However, it’s not just the base model. The 2025 Cooper S Hardtop, a more popular trim, received a 10% price bump for the 2025 model year. 

2025 Chevrolet Equinox

Base MSRP: $31,080 (11% Increase)

2025 Chevrolet car price increases

Chevrolet is synonymous with affordability. At least, that’s how it’s been for decades. Unsurprisingly, Chevrolet is aiming for a more premium market, with everything from design to price points reflecting that. GM sold 212,000 copies of the Equinox last year, and healthy sales have continued into 2024. But if you’re looking ahead to the 2025 model, the popular Equinox RS receives a 10% price hike, now starting at $35,480. 2025 car prices are on track to continue the upward trend.

2025 Infiniti QX80

Base MSRP: $84,485 (11% Increase)

2025 Infiniti QX80 price increase

Before we talk about Infiniti’s 2025 prices, let us remember one fact: the brand is merely Nissan’s upscale nameplate. With that in mind, would you pay close to $100,000 for one? For 2025, Infiniti is raising prices for the huge family hauler, the QX80. With a 2025 starting price of $84,485 with destination fee included, the QX80 receives a 11% price increase. Worse yet, the QX80 Luxe is 20% more expensive for 2025, now starting at $91,595.

2025 Lincoln Aviator

Base MSRP: $60,275 (10% Increase)

2025 Lincoln Aviator price

Lincoln continues to refine its luxurious midsize SUV, the Aviator, with a large price increase for 2025. The base model now starts at $60,275, marking a 10% increase from 2024. The Lincoln Aviator Reserve, a favorite among buyers, sees an even steeper increase of 15%, bringing its starting price to $69,375. 

2025 Subaru Forester

Base MSRP: $31,090 (9% Increase)

2025 car prices - Subaru Forester

With the much-anticipated redesign comes a much higher starting price for the 2025 Forester. Base model aside, the Popular Forester Sport also sees a 9% MSRP hike. With the 2025 Forester’s changes, the legendary Subaru has completed the journey from boxy hatchback (in the 90’s) to bonafide SUV. 

2025 Kia Carnival

Base MSRP: $37,895 (8% Increase)

2025 Kia Carnival prices

For the 2025 model year, the Carnival MPV (A Kia acronym for multi-purpose vehicle) receives its first facelift since its debut in 2021. Unsurprisingly, Kia is leveraging the new fascia and added features to justify an 8% price increase for the base Carnival. The more popular Carnival EX sees a 4% MSRP increase for 2025.

2025 Ford Explorer

Base MSRP: $41,350 (8% Increase)

2025 Ford Explorer prices

For 2025, the Explorer sees an 8% price increase, bringing the base MSRP to $41,350. Surprisingly, the popular ST-Line trim sees a price reduction of 5% for the new model year. In 2024, the average selling price of a new Explorer is $47,515. Ford Explorer prices have increased by more than a third over the course of the past decade. 

Car Price Inflation Is Real

The trend of rising car prices shows no sign of slowing down in 2025. While these increases might seem daunting, empowered buyers can still find ways to negotiate better deals. Staying updated on price trends and being prepared to negotiate are key strategies in this evolving market. Luckily, CarEdge has 100% free resources to get you there!

👉 Ready to let the experts negotiate for you? Let CarEdge take it from here. Your CarEdge Concierge can find the best vehicle for your needs, negotiate the best price, and handle all the details. Home delivery is available! Save time and money with CarEdge Concierge, the #1 car buying service in America.

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Last updated Aug 6, 2024

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