Here's everything Trump said about cars in the State of the Union
USA TODAY
President Trump talked briefly about his plans to address the affordability of cars during his State of the Union on Feb. 24.
President Donald Trump talked briefly about his plans to address the affordability of cars as he talked about concerns Americans have expressed about rising prices during his State of the Union address on Feb. 24.
"The cost of chicken, butter, fruit, hotels, automobiles, rent is lower today than when I took office by a lot," Trump said in his nearly two-hour speech. "And even beef, which was very high, is starting to come down significantly. Just hold on a little while. We'll get that down. And soon you will see numbers that few people would think were possible to achieve just a short time ago."
Even as he took credit for what he said were falling prices, Trump blamed Democrats for rising costs, saying that policies they supported under former President Joe Biden were responsible for the higher price tags Americans were seeing in car dealerships in other places.
"The same people in this chamber who voted for those disasters suddenly used the word affordability, a word, they just used it because somebody gave it to them, knowing full well that they caused and created the increased prices that all of our citizens had to endure."
The average price of a new car when Trump took office for the second time in January 2025 was $48,641, according to Kelley Blue Book. The average price of a new car reached $49,191 in January 2026, according to Kelley Blue Book.
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