Navigating Potential Tariffs

Understanding Possible Tariffs:

The auto market—like many industries—can be influenced by potential tariff changes. These shifts could affect pricing on new and pre-owned vehicles, as well as repair and maintenance costs. We’re here to help you stay informed so you can make confident, well-timed decisions. This overview breaks down what you need to know about possible tariffs and how they might influence your next car purchase.

 

What Are Tariffs?

Tariffs are import taxes placed on goods brought in from other countries. In the automotive world, these can apply to cars, parts, and materials produced outside the U.S. While many vehicles are assembled domestically, key components and materials often come from abroad, making them vulnerable to tariff changes. Historically, some countries like Canada and Mexico have been granted exemptions, but future policies could shift. Staying updated on these changes is essential.

 

How Could This Affect You as a Buyer?

Potential Price Hikes:

Manufacturers may pass tariff-related cost increases down the line, raising sticker prices for both new and used cars. Lease deals, financing offers, and other incentives could be reduced—possibly increasing overall costs by as much as $12,000.

Inventory Variability:

Tariff changes could impact production planning and import strategies, possibly leading to tighter inventory and fewer choices, especially for specific models or trims.

Pre-Owned Vehicle Demand:

As new vehicles become more expensive, interest in pre-owned options may grow, which can drive up their prices along with replacement parts.

Higher Maintenance Costs:

If tariffs are applied to foreign-made parts, service and repair prices might climb as well.

 

Why It Makes Sense to Act Now

Secure Current Pricing:

Buying now can protect you from potential price increases caused by new tariffs.

Avoid Limited Availability:

Purchasing early can help ensure access to the models and features you want before inventory becomes restricted.

Leverage Today’s Offers:

Dealership promotions and finance deals are available now—but could change depending on market conditions.

Handle Maintenance Ahead of Time:

Scheduling any necessary service before part costs rise can help you save money in the long run.

 

Our Promise to You

We’re dedicated to offering clear, up-to-date information and outstanding customer service. Whether you’re browsing for a new ride or preparing your current one for the road ahead, our team is here to support you every step of the way.

Browse our online inventory or stop by the dealership to find out how potential tariffs may influence your vehicle plans.

 

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