Car dealers promote tariff-free cars
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auto import tariffsYahoo Finance
•Technology
Technology
'Tariff free' cars are being advertised at dealerships. But for how long?
68% Informative
President Trump ’s 25% tariffs on auto imports, which started on April 3 , have put foreign automakers on the back foot.
Analysts see prices jumping as much as $3,000 for cheaper cars and up to $20,000 .
Dealerships promoting tariff-free cars to buyers as a sales tactic in the competitive new car sales landscape.
But for now, dealers say consumers are scared, and it’s likely why more and more dealers are advertising those tariff-free cars. “There is absolutely panic buying going on,” Maoli said. “Consumers are trying to beat the deadline for tariffs.” The big question for consumers, dealers, and automakers is what happens in the long term if auto import tariffs become the new norm..
VR Score
62
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55
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77
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