Get access to the same vehicle valuation tool that dealers rely on. With Black Book, you’ll have insider data to accurately assess trade-in and purchase values—empowering you to negotiate the best possible deal.
If you’re waiting to buy a 2026 model hoping for better prices, you might want to reconsider. A growing number of 2026 vehicles are debuting with higher MSRPs—some subtly, others sharply. Only a small fraction of 2026 models are out now, but the list is growing each day. We analyzed base and fully-loaded MSRP changes from 2025 to 2026, and the trends are clear: price hikes are back.
By the Numbers: 2026 Car Price Trends
We analyzed recently announced pricing for 15 2026 models, and compared MSRPs to their 2025 counterparts. Here’s what we found:
60% of models saw an increase in MSRPs.
The average base MSRP increase was about $691, or 1.4%.
For fully-loaded trims, the average increase was $1,126, or 1.8%.
While these numbers might not seem dramatic, they’re not pocket change either.
The Biggest Price Hikes for 2026
Some models saw bigger-than-average bumps. Here’s a look at the Top 5 increases by base MSRP:
For a broader look at 2025 car prices, here are the MSRP changes for every 2026 model announced as of early May 2025. Prices included mandatory destination fees:
Make
Model
2025 Base MSRP
2026 Base MSRP
Base Price Change
2025 Top-End MSRP
2026 Top-End MSRP
Top-End Price Change
BMW
4-Series
$52,325
$52,675
0.66%
$74,025
$76,225
2.89%
BMW
5-Series
$59,875
$59,875
0.00%
$74,575
$74,575
0.00%
BMW
8-Series
$92,875
$92,875
0.00%
$117,175
$117,175
0.00%
BMW
i5
$68,275
$68,275
0.00%
$71,275
$71,275
0.00%
BMW
M4
$80,875
$81,275
0.49%
$96,295
$97,375
1.11%
Buick
Encore GX
$27,395
$27,295
-0.37%
$32,895
$32,795
-0.30%
Cadillac
CT4
$36,490
$37,095
1.63%
$48,790
$51,495
5.25%
Cadillac
CT5
$49,090
$50,095
2.01%
$58,490
$59,095
1.02%
Chevrolet
Equinox
$29,995
$29,995
0.00%
$34,395
$34,395
0.00%
Chevrolet
Trailblazer
$24,495
$24,395
-0.41%
$29,095
$28,995
-0.34%
Genesis
Electrified GV70
$68,400
$70,700
3.25%
$73,750
$76,800
3.97%
Genesis
GV70
$47,650
$49,435
3.61%
$69,850
$71,545
2.37%
Honda
Passport
$43,850
$46,200
5.09%
$49,920
$53,900
7.38%
Kia
Sportage
$28,785
$30,085
4.32%
$39,685
$40,985
3.17%
Toyota
Crown
$42,575
$43,050
1.10%
$56,125
$56,600
0.84%
What’s Driving the Price Hikes?
There are a few major forces behind the 2026 price increases. One of the biggest is the impact of tariffs. While the full consequences haven’t hit just yet, many automakers are already adjusting their pricing strategies in anticipation of higher import costs, particularly for vehicles manufactured outside the U.S.
Another factor is the inclusion of new technology and features in 2026 models. Whether it’s upgraded safety features, enhanced driver-assistance systems, or the latest battery tech in EVs, these improvements often come with a higher price tag.
Electrification hasn’t been cheap for legacy automakers like Ford, General Motors, and Stellantis. As OEMs look to make up for massive capital investments in EV powertrains, even ICE vehicle prices are pushed higher.
Inflation and supply chain pressures are still in play, too. Costs for raw materials, parts, and labor have continued to rise, and automakers are passing those expenses on to consumers.
Finally, pricing changes may be strategic. Rather than implementing massive hikes all at once, automakers could be gradually increasing MSRPs to soften the blow—and avoid backlash—from buyers and headlines.
What This Means for Buyers
For car buyers, the biggest takeaway is simple: don’t assume that newer is better. In many cases, 2025 models are nearly identical to their 2026 replacements. As the year progresses, more 2025 models will be advertised with generous incentives, and better negotiation opportunities will follow.
2026 may be shaping up as the year of the quiet price hike. If you’re shopping for a new car this year, pay close attention to MSRP changes—especially for models imported from tariff-affected regions.
Honda’s latest earnings report paints a concerning picture for the automaker’s global operations, and new tariffs are playing a major role. The Japanese auto giant posted a 76% drop in operating profit for the fiscal fourth quarter, far below analyst expectations. While revenue grew modestly year-over-year, Honda’s leadership made it clear: global tariff policies are hitting harder than expected, and the uncertainty is making it nearly impossible to plan ahead.
For the fiscal year ending March 31, 2025, Honda reported:
Revenue: $191 billion USD, up 6.2% YoY
Operating Profit: $656 million, far below estimates
Net Profit: $7.5 billion, down 24.5% YoY
Sales fell sharply in China and Southeast Asia, and while Honda’s hybrid sales expanded in North America, the company is now bracing for the full impact of U.S. tariffs.
Honda’s executives directly blamed the steep earnings miss on the unpredictable and widespread nature of global tariffs. In a statement, the company explained that frequent revisions to tariff policies make it difficult to formulate a reliable business outlook.
Looking ahead, things may get worse before they get better. Honda projects:
Operating Profit to fall 59% in the fiscal year ending March 2026
Net Profit to plunge 70%
Revenue to decline 6.4%
Investments Delayed as Priorities Shift
As automakers adapt to shifting trade policies, Honda is already adjusting its strategy. In March, it was reported that Honda will move production of its next-generation Civic Hybrid to Indiana—rather than Mexico—in a clear attempt to dodge the new 25% U.S. import tariff.
Now, Honda is delaying a major planned investment in Canada. “The growth of the electric vehicle market has slowed more than initially expected, making it difficult to anticipate further progress,” CEO Toshihiro Mibe said May 13, while announcing fiscal-year financial results. “Therefore, we have decided to postpone large-scale investments in Canada.”
Popular Honda Models Directly Impacted by U.S. Tariffs
Despite Honda’s large U.S. manufacturing footprint, several popular models are still imported from Canada and Mexico—and are therefore subject to the new 25% import tariff:
For now, Honda has not announced price increases on these models, but any shift in sourcing or supply could quickly push prices higher at the dealership.
As of early May, car prices in the U.S. have not increased due to tariffs—at least not yet. However, Honda’s latest guidance and production adjustments suggest that price hikes could be coming soon, especially on vehicles imported from Mexico and Canada. If you’re considering a CR-V, HR-V, or the new Prologue, it may be worth watching the market closely—or acting sooner rather than later.
Summer is nearly here, and for many, that means more time on the road. But before you hit the highway, take a moment to get your car summer-ready.
From rising temps to sudden downpours and road trip miles, summer driving puts a unique kind of stress on your vehicle. The good news? A few simple steps now can prevent big problems later—and save you money along the way.
Here’s how to prepare your car for the summer season, in order of what matters most.
1. Check Your Tire Pressure (and Adjust for Heat)
As temperatures rise, so does your tire pressure—about 1 PSI for every 10°F increase. Driving with overinflated or underinflated tires not only affects fuel efficiency but also increases the risk of a blowout.
What to do:
Check tire pressure in the morning when tires are cool. If your car has a digital tire gauge, it’s easy to monitor it often.
Compare the readings to your car’s recommended PSI (found inside the driver’s door jamb).
Adjust as needed and check regularly throughout the season. Driving with overinflated tires not only leads to uneven tire wear, it can be dangerous.
Seasonally checking your tire pressure is especially important for drivers in regions with both extremes: hot summers and cold winters.
2. Inspect Tire Tread and Rotate if Needed
Rain is common in many regions during summer, and worn-out tires make hydroplaning far more likely. Take this step extra seriously if there’s the slightest change you’ll be on the road during a thunderstorm this summer.
What to do:
Perform the penny test: Insert a penny into your tread with Lincoln’s head upside down. If you can see all of it, it’s time for new tires.
Look for uneven wear. If spotted, rotate your tires or schedule an alignment.
Make sure your tires are rain-ready—especially if you’re expecting wet weather where you live.
3. Inspect and Replace Windshield Wipers
Your wipers take a beating year-round, and they’re your first line of defense in a sudden summer thunderstorm. If they’re skipping, streaking, or chattering, it’s time to swap them out.
What to do:
Replace wipers if they’re cracked, dry, or over 6–12 months old.
Upgrade to hybrid or summer-specific blades for improved performance in heat and rain.
Don’t have your wipers replaced at the dealership. Doing so will cost you much more than you should be paying.
4. Check and Recharge Your A/C System
There’s nothing worse than discovering your A/C isn’t working on a 90-degree day. Catch issues now before you’re stuck sweating in traffic.
What to do:
Run your A/C on full blast—if it’s not blowing cold, it may need a recharge or repair.
Listen for strange noises and sniff for musty odors, which could mean mold or leaks.
Have a trusted mechanic inspect the system if you notice anything off.
5. Replace Cabin and Engine Air Filters
A clean cabin air filter improves airflow and air quality, especially during allergy season. And your engine air filter? It helps your car ‘breathe’ better and run more efficiently.
What to do:
Replace the cabin air filter (usually behind the glove box) if it’s dirty or hasn’t been changed in the last 12,000–15,000 miles.
Swap out the engine air filter too—it’s a quick DIY job that can save you $50–$100 compared to shop prices.
6. Check and Top Off All Fluids
Summer driving puts extra strain on every part of your vehicle—and your fluids are your car’s lifeblood.
What to do:
A good first step is to check your vehicle service schedule in your maintenance manual. You can usually find this in your glovebox, but they’re also available for free online.
Check your coolant (essential for preventing overheating), oil, brake fluid, transmission fluid, and windshield washer fluid. Auto shops and dealership service centers often offer coupons for these types of service checkups.
Top off or flush anything that’s low or dirty.
Choose bug-resistant washer fluid for better visibility on long trips.
7. Test Your Battery
Heat kills batteries faster than cold does. If your battery is on the older side, summer is when it’s most likely to give up.
What to do:
Get your battery tested at an auto parts store or use a multimeter. Many auto parts stores (like Auto Zone, Advance Auto Parts, and O-Reilly) will check your battery for free.
Clean corrosion off the terminals with a wire brush and baking soda solution.
It’s a good idea to replace the battery if it’s more than 3–5 years old, especially if you expect to do plenty of driving this summer. Make sure to recycle it wherever you purchase your new battery.
8. Inspect Belts and Hoses
Belts and hoses are often overlooked, but they’re vulnerable to cracking and swelling in hot conditions.
What to do:
Look for fraying, soft spots, or visible cracks.
Squeeze hoses gently—if they feel mushy or brittle, replace them.
Address any squealing noises ASAP; that’s often your serpentine belt asking for attention.
Not sure what you’re looking for? Ask your trusted auto repair shop to have a look for you.
9. Pack a Summer Emergency Kit
Even the best-prepared vehicles can hit a snag. A stocked emergency kit can turn a bad day into a manageable one.
What to include:
Water, non-perishable snacks, sunscreen
Jumper cables and flashlight
First aid kit
10. Consider Window Tinting for UV and Heat Protection
Window tinting isn’t just for looks—it keeps your interior cooler and prevents your dashboard and seats from sun damage.
What to do:
Choose high-quality ceramic or UV-blocking tint.
Check your local laws for legal tint percentages.
You’ll reduce A/C usage, stay more comfortable, and extend the life of your interior materials.
Bonus: Protect Yourself from Costly Breakdowns with an Extended Warranty
Planning extra miles this summer? Don’t let one breakdown ruin your vacation—or your budget.
Why it matters:
Repairs like a failed A/C compressor or radiator leak can cost thousands.
If your manufacturer warranty has expired, this is the perfect time to consider protection.
CarEdge offers extended warranty coverage that’s transparent, affordable, and fairly priced—often saving you hundreds compared to dealers.
Your car doesn’t need a full overhaul to be summer-ready—but it does need your attention. A few minutes of maintenance can make a huge difference in your driving experience, fuel efficiency, and repair bills. Summer is also a great time to buy or lease a car. CarEdge’s consumer advocates can help you save more and stress less in 2025. We’re simply here to help!
Choosing between buying and leasing a car remains one of the biggest decisions for car shoppers. In 2025, that question is even more relevant due to evolving market conditions, rising interest rates, and shifting manufacturer incentives. With insights from CarEdge Co-Founder Ray Shefska, we break down the pros and cons of buying versus leasing to help you navigate today’s car market with confidence.
Understanding Leasing in 2025
Leasing has historically been a popular option for drivers who want lower monthly payments and the ability to upgrade to a new car every few years. After a decline in popularity during the pandemic, leasing is once again on the rise in 2025—and for good reason.
Leasing is increasingly the better deal for many shoppers in today’s market. With interest rates still elevated and new car prices impacted by global tariffs and supply challenges, leasing offers a more affordable path to driving a new vehicle. For many, lease programs are the best way to bypass the high financing costs associated with buying.
There’s also a strategic reason why automakers are doubling down on lease offers: it keeps customers engaged with the brand. When lease terms end, customers return to the dealership, increasing the chance of a repeat sale and building long-term loyalty. As CarEdge’s Ray Shefska notes, many manufacturers are now working hard to increase lease penetration due to the benefits for both dealers and customers.
While leasing once made up around 30% of new car transactions, that number fell to 17–18% during the downturn. In 2025, manufacturers are rolling out some amazing lease offers to reverse that trend. For buyers, this means now is a great time to take a serious look at leasing.
Important Note: Be aware that advertised lease deals typically do not include taxes and fees. If you’re not planning to pay these upfront, your actual monthly payment could be significantly higher than what’s promoted.
The Benefits of Leasing a Car
Leasing in 2025 presents several notable advantages:
Lower Monthly Payments: In a high-interest environment, lease deals often feature better terms than financing, making it possible to drive a better-equipped vehicle for less per month.
Access to Newer Technology: Leasing allows you to drive the latest models every few years with the newest tech, safety features, and fuel efficiency improvements.
Flexibility: When your lease ends, you can walk away, upgrade, or even purchase the car if you’ve grown attached.
Inventory Turnover Benefits: As leases come to an end, dealerships benefit from a steady influx of quality used vehicles, improving options in the used market.
The Benefits of Buying a Car in 2025
Buying remains a solid option—especially for drivers who keep their cars for the long haul or who rack up high mileage annually. Here are the core benefits of purchasing:
No Mileage Limits: Unlike leases, buying a car comes with no mileage restrictions, which is ideal for commuters and road-trippers.
Long-Term Financial Value: Every loan payment builds equity. Once the loan is paid off, you own the car outright—no more monthly payments.
Freedom to Modify: Ownership gives you the freedom to customize or modify your car as you wish, without lease restrictions.
Stability Over Time: If you plan to keep your car for 5+ years, buying can offer better value than leasing. But if you’re considering selling after just a few years, be cautious—depreciation hits hard, and the math may not work in your favor.
Making the Right Choice in 2025
Whether to buy or lease a car in 2025 comes down to your personal goals, driving habits, and financial situation. Ray advises, “Customers should check the manufacturer website and see what kind of sales and lease offers are available in their area before heading to the dealership.” He also recommends comparing insurance quotes across models before finalizing your choice.
In today’s market, with leasing incentives improving and financing rates remaining high, leasing is often the smarter move—especially if you’re seeing limited financing deals. Just be sure to read the fine print on lease offers and understand how upfront taxes and fees impact the monthly cost.
By doing your homework and staying informed, you can make the decision that best fits your lifestyle and budget in 2025’s fast-changing auto landscape.
Looking for help negotiating your car lease? Learn more about CarEdge’s white-glove Car Buying Services, now more affordable than ever.
Memorial Day is one of the biggest car shopping weekends of the year, and Ford and Chevrolet are battling for buyer attention with very different strategies. Ford is leaning heavily on employee pricing and cash offers, while Chevrolet is rolling out ultra-low APR deals and more competitive leases—especially on trucks and EVs.
Which brand offers the better deals overall? We compared their top incentives across five popular vehicle segments to help you decide.
F-150 vs Silverado 1500: Chevy Takes the Crown
2025 Ford F-150 – No APR offer – Lease the XLT from $619/month for 48 months with $5,388 due – Cash Offer: Employee pricing ($3,000 – $5,000 estimated savings)
2025 Chevrolet Silverado 1500 – 0.9% APR for 60 months – Lease the LT 2FL from $409/month for 36 months with $5,289 due – Cash Offer: $3,500 cash allowance
Verdict: This one’s not close. Chevy beats Ford on APR, lease price, and comparable cash incentives.
Explorer vs Traverse: Ford’s Lease Deal Stands Out
2025 Ford Explorer – 5.9% APR for 72 months – Lease the base trim from $259/month for 36 months with $3,999 due
2025 Chevrolet Traverse – No APR or cash offers – Lease from $429/month for 24 months with $5,539 due
Verdict: Ford’s lease is far more attractive in both price and term length. Explorer wins this round.
Escape vs Equinox: Chevy’s Lease Is Cheaper
2025 Ford Escape – No APR or lease offer – Employee pricing ($1,500–$2,500 estimated), plus $3,000 cash
2025 Chevrolet Equinox – 2.9% APR for 36 months – Lease from $299/month for 36 months with $2,449 due
Verdict: Ford has generous cash incentives, but Chevy wins on lease affordability and financing. Equinox comes out ahead.
Expedition vs Suburban: Chevy Offers Financing, Ford Offers Cash
2025 Ford Expedition – No APR or lease offer – Employee pricing ($3,000–$5,000 estimated), plus $2,000 cash
2024 Chevrolet Suburban – 0% APR for 60 months – Lease from $879/month for 39 months with $9,619 due
Verdict: Ford offers better upfront savings, but Chevy’s 0% APR may be more valuable for buyers financing a large SUV. Call this one a tie depending on how you’re paying. It’s important to note that Chevrolet’s incentives on the Suburban and Tahoe are for leftover 2024 models. Just a few hundred remain across the nation.
Mustang Mach-E vs Blazer EV: Chevy Wins on Incentives
2025 Ford Mustang Mach-E – 3.9% APR for 72 months – Lease from $313/month for 36 months with $4,029 due – Includes free home charger and installation – Does not qualify for the federal EV tax credit
2024 Chevrolet Blazer EV – 0% APR for 60 months – Lease the AWD 2LT from $399/month for 39 months with $3,899 due – Qualifies for the federal EV tax credit (subject to income limits)
Verdict: Ford offers a better lease price and throws in a charger, but Chevy’s 0% APR and EV tax credit make the Blazer EV the better all-around deal. Chevrolet is not yet advertising any offers for the 2025 model, so this isn’t exactly an apples to apples comparison.
Final Thoughts: Ford’s Cash vs. Chevy’s APR
If you’re financing a vehicle this Memorial Day, Chevrolet offers stronger incentives nearly across the board, with APR as low as 0% and lease prices that beat Ford’s in most categories.
Ford’s strategy this year leans on employee pricing and cash allowances, which can still be valuable—especially if you’re buying with cash or securing outside financing.
Before making a decision, be sure to check regional offers for both brands. Ford’s employee pricing can vary by model and location, while Chevrolet may sweeten the deal even further with conquest or loyalty incentives.
Need help finding or negotiating your deal? Let CarEdge do the hard work. Whether you’re buying or leasing, our car buying services are now more affordable than ever.
