Advertiser Disclosure
GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.
Trump’s Tariffs: What a 5% or 10% Price Increase Means for 20 Popular Used Cars



Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 YearsHelping You Live Richer
Reviewed by Experts
Trusted by Millions of Readers
This might be a difficult year for those in the market for used vehicles, as prices have risen from the previous year for the first time since 2022, per iSeeCars. Specifically, in March, used car prices rose by 1% (which approximates to $317).
Used car prices fell just over 7% in 2024; the 1% increase in March can be seen as a stabilization of the market. President Donald Trump’s 25% tariffs on imported vehicles and parts is expected to raise car prices by 10% or more, with iSeeCars expecting to see prices of used cars jump by as much as $5,000.
So, how much more can you expect to pay for a used ride in 2025? Below are 20 of the most popular used vehicles in America, how much they cost and what 5% and 10% price increases would mean. If you’re in the market for a used car, purchasing sooner rather than later might be better.
Also see 10 cars that outlast the average vehicle.
Chevrolet Tahoe
- Average price in March 2025: $51,691
- 5% premium: $2,585
- 10% premium: $5,169
GMC Sierra 1500
- Average price in March 2025: $47,184
- 5% premium: $2,359
- 10% premium: $4,718
Ford F-150
- Average price in March 2025: $41,483
- 5% premium: $2,074
- 10% premium: $4,148
Chevrolet Silverado 1500
- Average price in March 2025: $39,504
- 5% premium: $1,975
- 10% premium: $3,950
Ram 1500
- Average price in March 2025: $38,784
- 5% premium: $1,939
- 10% premium: $3,878
Toyota Highlander
- Average price in March 2025: $36,035
- 5% premium: $1,802
- 10% premium: $3,603
Toyota Tacoma
- Average price in March 2025: $35,496
- 5% premium: $1,775
- 10% premium: $3,550
Ford Explorer
- Average price in March 2025: $31,046
- 5% premium: $1,552
- 10% premium: $3,105
Jeep Grand Cherokee
- Average price in March 2025: $30,186
- 5% premium: $1,509
- 10% premium: $3,019
Toyota RAV4
- Average price in March 2025: $28,509
- 5% premium: $1,425
- 10% premium: $2,851
Honda CR-V
- Average price in March 2025: $27,793
- 5% premium: $1,390
- 10% premium: $2,779
Chrysler Pacifica
- Average price in March 2025: $25,464
- 5% premium: $1,273
- 10% premium: $2,546
Mazda CX-5
- Average price in March 2025: $25,222
- 5% premium: $1,261
- 10% premium: $2,522
Honda Accord
- Average price in March 2025: $25,013
- 5% premium: $1,251
- 10% premium: $2,501
Ford Edge
- Average price in March 2025: $24,898
- 5% premium: $1,245
- 10% premium: $2,490
Hyundai Santa Fe
- Average price in March 2025: $24,629
- 5% premium: $1,231
- 10% premium: $2,490
GMC Terrain
- Average price in March 2025: $24,563
- 5% premium: $1,228
- 10% premium: $2,456
Toyota Camry
- Average price in March 2025: $24,484
- 5% premium: $1,224
- 10% premium: $2,448
Honda Civic
- Average price in March 2025: $23,265
- 5% premium: $1,163
- 10% premium: $2,327
Kia Sportage
- Average price in March 2025: $23,172
- 5% premium: $1,159
- 10% premium: $2,317
[rock-component slug=”more-from-gobankingrates”
Share This Article:
You May Also Like


This ChatGPT Thrift Store Shopping Hack Can Save Retirees $100 or More a Month
September 22, 2025
3 min Read

Here's How Much of Your Paycheck You Should Save Each Month, According to an Expert
September 23, 2025
3 min Read


We've Been Visiting Disney for Over 50 Years: 16 Insider Tips To Save Big
September 19, 2025
3 min Read








Best Ways To Save Your Money
Make your money work for you
Get the latest news on investing, money, and more with our free newsletter.
By subscribing, you agree to our Terms of Use and Privacy Policy. Unsubscribe at any time.

Thanks!
You're now subscribed to our newsletter.
Check your inbox for more details.



Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.
Looks like you're using an adblocker
Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.
- AdBlock / uBlock / Brave
- Click the ad blocker extension icon to the right of the address bar
- Disable on this site
- Refresh the page
- Firefox / Edge / DuckDuckGo
- Click on the icon to the left of the address bar
- Disable Tracking Protection
- Refresh the page
- Ghostery
- Click the blue ghost icon to the right of the address bar
- Disable Ad-Blocking, Anti-Tracking, and Never-Consent
- Refresh the page