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The Ford F-150, America’s best-selling truck, could be facing significant price hikes in 2025 due to increased tariffs on aluminum and steel. The Trump administration has implemented a 25% tariff on all aluminum and steel imports, creating cost pressures for automakers that rely heavily on these materials. Here’s how Ford’s production lines will be impacted, and how consumers may end up paying more for the F-150 in 2025.
Tariffs to Have Outsized Impact on Ford Trucks
On March 13, a 25% tariff on all aluminum and steel imports went into effect. This follows the 2018 tariffs imposed by President Trump, which included a 25% tariff on steel and a 10% tariff on aluminum imports. This time, the impact on vehicle prices could be greater.
Automakers have grown more reliant on aluminum in recent years, particularly for trucks like the F-150 and Super Duty models, which use extensive aluminum in their bodies, hoods, and beds. According to Barclays research reported in the Wall Street Journal, these tariffs could add an average of $400 in material costs per vehicle—a cost that will likely be passed on to consumers.
Ford has been working with suppliers to stockpile aluminum as trade uncertainties linger. However, a Ford spokesperson acknowledged that shifting to U.S.-sourced aluminum would take years. While Ford sources 90% of its steel domestically, most high-quality automotive aluminum originates from Canada.
F-150 Prices Are Already Up 55%
Sales of Ford’s F-Series trucks have declined slightly over the past five years, dropping from 896,526 units sold in 2019 to 834,641 in 2024. At the same time, base prices have surged by 30%, while prices for the popular Lariat trim have jumped by 55%. Whether F-150 buyers will tolerate additional price increases remains uncertain.
Ford is one of the automakers with the highest car price inflation in recent years. Other truck-focused OEMS, like Stellantis and General Motors, have also raised prices more than competitors.
Adding to the complexity, inventory levels are unusually high, with 145 days of market supply nationwide for the F-150 in March 2025. This oversupply could act as a deterrent to further price hikes—at least for now. However, if production costs continue rising due to tariffs, automakers may still decide to pass some of these costs onto buyers.
Impact on Ford’s Bottom Line
Aluminum-intensive vehicles like the F-150 and Super Duty pickups are at particular risk of cost inflation. The auto industry has increased aluminum usage by 30% over the past decade, primarily to improve fuel efficiency and reduce weight. However, U.S. aluminum production has declined, making imports more essential than ever.
The last time similar tariffs were imposed in 2018, Ford and General Motors both reported billion-dollar losses due to rising material costs. Spot prices for steel hit a decade-high before demand collapsed, leading to steel industry cutbacks. Automakers are concerned about a repeat scenario, where higher prices could hurt sales and profitability.
What This Means for Consumers
Higher Truck Prices – If the tariffs remain in place, expect higher MSRPs and fewer incentives for aluminum-heavy models like the F-150 and electric vehicles (EVs), which also rely on lightweight aluminum structures.
Delayed Cost Impact – Automakers and suppliers will negotiate who absorbs the added costs, but eventually, the consumer will feel the pinch.
Potential Panic Buying – In 2018, buyers rushed to purchase vehicles before price hikes took effect. A similar trend could emerge if tariffs persist, and if significant MSRP hikes arrive for the 2026 model year.
The best strategy for F-150 shoppers in 2025 is to identify aging inventory. These trucks will always be the most negotiable, as dealership floorplanning costs add up in today’s high-interest rate environment. Online tools make it easier than ever to find the most negotiable new and used vehicles for sale. With negotiation know-how, truck buyers can walk away with thousands of dollars in savings.
Drivers who are tired of haggling and dealership visits can even have a pro negotiate your deal. There’s no excuse for overpaying for a truck in 2025!
The Future of Tariffs and Ford’s Strategy
Auto industry leaders have voiced concerns over the lack of domestic aluminum supply, noting that Canada supplies 75% of the U.S.’s primary aluminum. Alcoa, the world’s 8th-largest aluminum exporter, has pushed for Canadian exemptions, arguing that domestic production cannot meet demand.
Jean-Marc Germain, CEO of aluminum roller Constellium, told the Wall Street Journal that he supports long-term tariffs. However, he warns that imposing a 50% levy on Canada would only drive more imports from other countries.
With these tariffs in place, Ford and other automakers will have to adjust their pricing strategies in 2025 and beyond. F-150 buyers should brace for higher costs in the near future if tariffs continue.
Some of the best SUVs, electric vehicles, and full-size trucks are available with steep discounts in March. Automakers are ramping up discounts to combat sluggish sales, with cash incentives reaching as high as $10,000 off MSRP. We’ve rounded up the 10 best cash discounts available this month, with savings that could make a serious dent in your out-the-door price. Keep in mind that most of these offers expire at the end of March, so if you see something you like, act fast.
If you’ve been eyeing a Jeep Gladiator, now is the time to buy. Jeep is slashing 20% off MSRP for the 2024 Gladiator Rubicon 4×4. The reason is simple: 2024 inventory is lasting deep into 2025, and it’s time to clear out last year’s Jeeps before summer arrives.
Kia is offering a massive $10,000 cash discount on its much-loved EV6 crossover. The 2025 EV6 is almost here, and will arrive with a minor facelift. However, this model refresh presents a big opportunity for savings. If you’re looking for an electric vehicle with 300 miles of range, fast-charging (10-80% in as little as 20 minutes), and a futuristic interior, the 2024 Kia EV6 is one of the best deals available.
Kia isn’t stopping at the EV6—its three-row EV9 is also getting a $10,000 customer cash discount. This all-electric SUV offers spacious seating, cutting-edge tech, and up to 304 miles of range. The only 3-row SUVs on the market today are the Tesla Model X, Rivian R1S, Volkswagen ID.Buzz, and the Kia EV9. Among these, the EV9 charges the fastest AND has the lowest price tag.
March Savings: Up to $10,000 on the 2024 Hornet R/T eAWD
Offer valid through: 3/31/2025
Dodge Hornet Base MSRP: $41,400
Estimated Price with Savings: $31,400
The Dodge Hornet has been struggling to sell, and Stellantis is now offering a variety of stacked incentives to move inventory. With up to $10,000 in potential savings, including lease loyalty bonuses, it’s a great time to grab this performance-focused compact SUV. A plug-in hybrid powertrain comes standard with the Hornet R/T.
March Savings: Up to $7,000 off MSRP, or $10,500 in lease incentives
Offer valid through: 3/31/2025
Jeep Wrangler 4xe Base MSRP: $50,695
Estimated Price with Savings: $43,695
Wrangler fans take note: Jeep is offering $7,000 in cash savings on the 2025 Wrangler Sahara 4xe. If leasing is your preference, you can qualify for up to $10,500 in lease bonus cash. The Wrangler 4xe is a rare blend of off-road ability and electrification, and these incentives make it more affordable than ever.
Jeep is pushing hard to sell its remaining 2024 Grand Cherokees with a $9,000 cash bonus for current FCA lessees. This is a great opportunity to drive home a legendary midsize SUV with a refined interior and modern tech, now with a huge discount.
GMC is offering up to $7,850 in total savings on the 2025 Sierra 1500, including a $6,500 purchase allowance and an engine credit. With truck prices remaining high, this March discount helps offset the cost of a well-equipped full-size pickup.
Nissan is compensating for the Ariya’s lack of a federal EV tax credit with a $7,500 customer cash incentive. It may not be the fastest-charging electric crossover in 2025, but with this cash discount, it’s an attractive bargain, especially for city driving.
2025 Chrysler Pacifica Plug-In Hybrid – $7,500 Customer Cash
March Savings: $7,500 off MSRP
Offer valid through: 3/31/2025
Chrysler Pacifica PHEV Base Price: $51,055
Estimated Price with Savings: $43,555
Minivan buyers can take advantage of a $7,500 customer cash offer on the plug-in hybrid Pacifica, with additional tax incentives available. This is a great chance to drive home a fuel-efficient, family-friendly hybrid minivan at a major discount.
Ram’s $6,500 cash allowance on the 2025 1500 Lone Star Crew Cab 4×2 includes multiple stackable incentives. In March 2025, Ram buyers can take advantage of National Retail Consumer Cash ($4,000), National Bonus Cash ($1,500), National Truck Month Bonus Cash ($1,000). This is the best deal on a 2025 model year truck right now.
March is turning out to be a great time to save big on a new car or truck. The hefty cash discounts this month aren’t just random generosity from automakers. A few key factors are driving these deep price cuts:
Leftover Inventory: Many 2024 models are still sitting on dealer lots, and automakers need to clear them out before the 2025s arrive in full force.
Sluggish New Car Sales: With high interest rates and consumer demand cooling, dealers are under pressure to move metal and hit sales targets.
A Challenging EV Market: Automakers like Kia and Nissan are making up for stagnant electric vehicle sales and lost federal tax credits by offering big discounts on EVs.
Truck and SUV Competition: Brands like Jeep, GMC, and Ram are offering aggressive incentives to stay competitive in the hotly contested truck and SUV segments.
Spring car buying season is here, and many shoppers are heading to dealerships with their tax refunds in hand, ready to make a down payment on a used car. According to a recent survey by Talker Research, Americans expect to receive an average refund of $1,700 this year. With the average price of a used car sitting at $25,128 in March 2025, a solid down payment can help offset high borrowing costs.
However, used car shoppers are facing an unpleasant reality: the highest used car loan rates in over 40 years. Rising interest rates are making monthly payments significantly more expensive in 2025, tightening budgets for many buyers. Before financing a used car this spring, it’s crucial to understand how today’s high APRs will impact your loan – and what steps you can take to minimize costs. Here’s what to expect and how to protect your wallet.
Used Car Loan Rates Haven’t Been This High Since the 1980s
Over the past year, used car prices have fluctuated but have generally trended lower. While this is good news for buyers, the cost of financing remains a major hurdle. Used car loan rates have surged to levels not seen since the early 1980s.
After a brief dip in December, interest rates jumped sharply in January and February. According to Cox Automotive, the average used car loan rate in March 2025 is now 14.73% APR. For comparison, new car rates sit at 9.69% APR on average.
For buyers with lower credit scores, the situation is even worse. Many subprime borrowers are being offered rates close to 20% APR – adding thousands of dollars in interest over the life of a loan.
It’s hard to fathom just how much high interest rates can quickly add up, adding thousands of dollars to the total cost of owning a car. Consider the following real-world example: A $25,000 used car loan financed for 72 months at a 15% APR interest rate will accumulate $13,000 in total loan interest over 72 months. For buyers with bad credit, a 20% APR loan rate would push the interest paid above $18,000 for the same loan amount. Buying a car at all starts to lose its appeal with rates at these levels.
What’s Driving Used Car Loan Rates Higher?
Several factors are keeping borrowing costs elevated in 2025:
Federal Reserve Policy: Although the Fed paused rate hikes, persistent inflation has delayed any meaningful rate cuts. This means auto loan rates remain high.
Lender Risk: Banks and credit unions are tightening lending standards, particularly for borrowers with lower credit scores. As a result, lenders charge higher interest rates to offset perceived risk.
Vehicle Depreciation Concerns: With used car values still above pre-pandemic levels, lenders are wary of financing older cars that could lose value faster than expected.
How to Qualify for the Best Used Car Loan Rates
While the overall rate environment isn’t favorable, car buyers can take steps to secure the best financing possible. Here’s how:
Check Your Credit Score Before Shopping: Your credit score plays a major role in determining your interest rate. Scores above 700 typically secure the best rates, while subprime borrowers (below 600) face the steepest costs. Your debt-to-income ratio is also a key consideration.
Get Pre-Approved by a Credit Union or Local Bank: Credit unions often offer lower rates than dealership financing. Getting pre-approved also gives you negotiating power when discussing financing options with dealers.
Make a Larger Down Payment: The more cash you put down, the less you have to borrow – reducing your interest charges over time. With tax refunds arriving, consider using that money to increase your down payment.
Choose a Shorter Loan Term: A 36- or 48-month loan will come with a lower interest rate than a 72- or 84-month loan. While monthly payments will be higher, you’ll save money on interest in the long run.
Avoid Add-Ons That Increase Loan Costs: Extended warranties, service contracts, and dealer add-ons can be financed into your loan, but this increases the total amount borrowed – and the interest you’ll pay.
👉 Before you commit to a used car with a high APR, drivers with good credit should check out the Best New Car Financing Incentives This Month. For well-qualified buyers, there are plenty of low-APR and even zero percent APR deals out there!
For Some Drivers, Repairs Make More Sense Than Financing
With used car loan rates at historic highs, some drivers may be better off repairing their current vehicle rather than financing a new one.
If your car is paid off or close to being paid off, investing in repairs can be far cheaper than taking on a high-interest loan. Consider getting a repair estimate before deciding whether to trade in or keep your car.
Always consider the total cost of ownership before buying any car. Use these free cost of ownership tools to see the numbers – you might be shocked at what you find!
Used car prices are coming down slowly, but financing costs remain a major challenge in 2025. With average used car loan rates nearing 15% APR for the first time in 40 years, shoppers need to be strategic about where they finance and how much they borrow.
If you’re planning to buy a used car this spring, use tools like CarEdge’s Free Car Buying Guide to compare financing options and find the most negotiable deals. Knowledge is your best tool to fight back against high borrowing costs. Don’t head to the dealership without a plan!
If you’re in the market for a new car or truck, possible price hikes should be on your radar. On March 26, 2025, the White House announced that new tariffs on imported vehicles would begin on April 3. The latest developments follow a one-month delay that resulted from President Trump’s discussions with the ‘big three’ U.S. automakers. In a shift from previous tariffs, the new auto tariffs apply to all vehicles imported into the United States. However, cars imported from Mexico, Canada, and China are likely to be most impacted due to the complexity of North American supply chains. Here’s what car buyers should know as spring car buying season gets underway.
Which Vehicles Are Affected By Tariffs in 2025?
Several of the most popular new cars and trucks sold in the U.S. are manufactured or partly assembled in Canada, Mexico, and China. However, the impacts of tariffs on the U.S. auto industry are much more wide reaching than it may seem on the surface. This is due to closely intertwined automotive supply chains spanning the three North American manufacturing hubs.
A new report from S&P Global Mobility forecasts that lost production due to tariffs could reach 20,000 units per day that are not built. This would equate to one third of North American vehicle production being lost due to tariffs.
It remains unclear how quickly consumers will begin to see higher sticker prices and lower incentives. What we do know is which new cars and trucks are most severely impacted. Here’s a look at some of the models now facing higher costs due to the tariffs, including average selling prices and market supply data as of March 26, 2025.
Cars and Trucks Imported From Mexico
The following new cars, SUVs, and trucks are manufactured in Mexico, and sold in the United States. Note that many other models contain parts that are manufactured in Mexico and imported into the U.S. for final assembly.
Make
Model
Country of Origin
Average Selling Price
Days of Supply
Total For Sale
45-Day Sales Total
All prices and market data are as of March 3, 2025, reflecting the state of the car market before tariffs officially began.
In 2025, 20 models of new cars, SUVs and trucks are manufactured in Mexico for export to the United States. The automakers likely to be hardest hit by President Trump’s tariffs are Nissan, Volkswagen, Ford, and General Motors. Due to Volkswagen’s smaller model lineup, the German automaker will feel an outsized impact with three popular models being produced in Mexico.
Buyer’s looking for one of the more affordable new cars on sale today will be impacted by tariffs. Three popular models among budget buyers are all produced in Mexico: the Nissan Kicks, Nissan Sentra, and the new Kia K4. Finding a new car under $25,000 will become even more difficult in 2025 due to tariffs.
Cars and Trucks Imported From Canada
In 2023, the United States imported 141,847 motor vehicles and parts from Canada, a record high. These new cars are manufactured at facilities located in Ontario, with a large portion exported to the United States. In 2023, the U.S. was the largest market for Canadian automotive exports, making up 62% of total auto exports. Here are all of the cars and trucks manufactured in Canada for export to the U.S. in 2025:
Make
Model
Country of Origin
Average Selling Price
Days of Supply
Total For Sale
45-Day Sales Total
Stellantis and Honda will be hardest hit by tariffs on Canada in 2025. The Civic and CR-V are top-sellers for Honda. As models known for their affordability and overall value, it will be interesting to see if Honda Motor American Honda Motor, the North American branch of Honda Motor Company, decides to pass import tariffs on to car buyers in the form of MSRP hikes or severe reductions in incentives.
Continue to check back each week as we monitor the real-time impact of tariffs on car prices for these affected models.
Ford and General Motors Most Impacted By Tariff On China
Just a handful of new cars are produced in China for export to the United States. The following models will be subject to the 10% tariff on imports from China:
2025 Buick Envision
2025 Lincoln Nautilus
2025 Polestar 2
2025 Polestar 3
Polestar, no longer under Volvo’s umbrella, is going to be hit the hardest from the tariffs on Chinese imports. Sales of Polestar’s electric vehicles have already been falling in North America due to competitors with faster charging, more driving range, and lower price tags. If tariffs continue for months on end, it’s not clear if Polestar will see 2025’s challenges as reason enough to exist the North American market entirely to focus on more favorable tides in Europe and Asia.
What Should Car Buyers Do?
If you’re shopping for a new car, here’s what you need to know:
Expect price increases – If you’re considering a vehicle made in Canada, Mexico, or China, it may be wise to buy sooner rather than later before dealers fully adjust their pricing.
Consider domestic alternatives – U.S.- built models won’t face these tariffs, which could make them a better deal. Keep an eye out for the best new car incentives of the month.
Look at the used car market – If new car prices rise too much, well-maintained used models may offer more value. Many drivers find the most value in three-year old models with low mileage and a clean history. Buying used means that you’re avoiding the steep depreciation that every new car buyer faces today.
We recommend that all car buyers see if their next vehicle could be impacted using our free auto tariff calculator. If the car or truck you’re in the market for is on the list, buying as soon as possible (or waiting it out) could save you thousands of dollars.
CarEdge’s Take
These tariffs are already reshaping the auto market, and will cost both consumers and automakers money. Whether automakers shift production to the U.S. in response remains to be seen, but for now, buyers should be prepared for rising costs in the form of rising MSRPs and a reduction in incentives, like zero percent financing.
CarEdge will continue tracking these developments and providing insights on how they affect car prices, financing, and buying strategies. Stay informed, and check out our free car buying tools to help you navigate the challenges ahead for car buyers in 2025.
If you’re looking to sell your car quickly and hassle-free, getting an instant cash offer for a car can be one of the easiest ways to do it. Instead of haggling with private buyers or trading in for a low-ball offer, these online platforms provide an upfront price based on your vehicle’s details. But which services are worth considering? We’ve reviewed five of the best options to help you get the most for your car in 2025.
CarEdge – Compare Offers and Skip the Dealership
Summary:CarEdge provides a transparent process for selling your car by offering market-based pricing insights and connecting you with vetted buyers. With a data-driven approach, CarEdge ensures you get a competitive instant cash offer while giving you the tools to make an informed decision.
CarEdge’s instant cash offer is sourced from three trusted partners: Peddle, givemethevin.com, and webuyanycar.com.
Pros:
Easiest way to compare cash offers from multiple online car buyers.
Black Book vehicle values are available through CarEdge, helping you know if you’re getting a fair instant cash offer.
Cons:
New in the game, but growing quickly.
Offers from others, like Carvana and EchoPark, will have to be requested separately.
The Verdict: CarEdge is a great choice for sellers who want a transparent, data-driven approach to getting the best instant cash offer for their car.
CarMax – A More Traditional Experience
Summary:CarMax is a well-known brand that offers a straightforward process for selling your vehicle. By entering your car’s details online, you’ll receive an instant cash offer that you can redeem at any of the 253 CarMax locations nationwide. The offer is valid for seven days, giving you time to compare deals.
Pros:
Convenient nationwide locations make it easy to complete the sale in person.
No obligation to sell, so you can shop around for a better offer.
Your offer is good for seven days.
Cons:
In-person visit required to finalize the deal.
The Verdict: CarMax is a great option for those who prefer an established company and don’t mind visiting a physical location to complete the sale. However, it can come with the unpleasant dealership experience that most drivers prefer to avoid.
Carvana – A Well-Known Name with Fluctuating Offers
Summary:Carvana provides a completely online selling experience. You enter your car’s details, receive an offer, and if you accept, Carvana will pick up your vehicle and issue payment, with no need to visit a dealership. Note that Carvana’s instant cash offers are known to fluctuate from day to day.
Pros:
Fully online process, making it convenient and hassle-free.
Fast payment, with most sellers getting paid right after pickup.
Cons:
Limited physical locations, so support is primarily online.
Offers fluctuatewidely based on market demand and inventory needs.
The Verdict: Carvana is a good option for sellers who want a fully digital, contact-free process. However, sellers should be aware that offers can fluctuate wildly day to day, depending on market conditions. Compare quotes from other instant cash buyers before you commit.
Kelley Blue Book – Dealership Visit Required
Summary:Kelley Blue Book (KBB) provides a tool that generates an instant cash offer based on your car’s details and market value. This offer can be redeemed at participating dealerships after an inspection.
Pros:
KBB is a widely respected name in the automotive industry.
Multiple participating dealerships, allowing you to compare offers.
Cons:
You still have to go to the dealership.
Offer may change after an in-person inspection.
Not all dealerships participate, which limits availability in some areas.
The Verdict: KBB Instant Cash Offer is a great option for those who prefer to sell their car through a well-known website with multiple dealership options. It’s not recommended for sellers who prefer to stay away from the dealership experience.
EchoPark – $250 Bonus, But Limited Locations
Summary:EchoPark provides an instant cash offer online, valid for seven days or 500 miles. If you sell your car to EchoPark within 48 hours of receiving the offer, they’ll add an extra $250 to your payment. However, you must bring your car to an EchoPark location to finalize the deal.
Pros:
Bonus incentive of $250 if you sell within 48 hours.
No obligation to buy, meaning you can sell your car outright without trading it in.
Cons:
Limited locations, so availability varies by region.
In-person visit required to complete the transaction.
The Verdict: EchoPark is a strong option for sellers who live near one of its locations and want to maximize their offer with the $250 bonus incentive.
Which Instant Cash Offer is Best in 2025?
The best option depends on your priorities. If you want the best offer without dealership hassles, CarEdge is a great option. With CarEdge’s car value tracking tool, you can see your car’s value change in real time. This makes it easier to decide when to sell. If you prefer a traditional dealership experience, CarMax or KBB Instant Cash Offer could work better. For those near an EchoPark location, the extra $250 incentive makes it a great pick.
Ultimately, all sellers should compare offers from each of these online car buyers to see where the best deal is. Instant cash offers for cars can vary widely from one buyer to the next.
States eligibile for below invoice pricing and 100% free delivery:
Alabama, Arkansas, Texas, Oklahoma, Florida, Georgia, Kentucky, Louisiana, Maryland, Delaware, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.
What if I don’t live in these states? If you're outside these areas, don't worry! We're committed to making sure everyone can enjoy our deals. Although the delivery fee will not be waived, you can still purchase from CarEdge and either pay for shipping or coordinate pickup at a participating dealer.
Our concierge service costs $999 plus an optional shipping fee (based on distance or pick-up).
To get started, pay the one-time payment of $999 and a CarEdge concierge will start by negotiating the vehicles in your favorites.
Why should you let a concierge do the work?
Get the best deal
Our team of concierges and industry experts with 75+ years of combined experience with access to tools and data to leverage the best deal possible.
Convenience
Gone are the days of looking for a car and stepping into the dealership spending hours and hours of head banging only to get smooth talked into a higher price.
Expert assistance
We answer all questions you may have regarding the buying process, what the right car is, the deal itself, and more!
Who are the concierges?
Transparent when others aren't
Our commitment to transparency and honesty ensures that you make informed decisions, while our years of experience guarantee that we will be able to secure the best deal for you.
When you win, we win
We work for you, not the dealership, ensuring your interests are always our top priority.
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