An expert warned that drivers are rushing to agents to buy cars before the new tariffs enter, but they need to be careful.
Car prices are expected to rise by up to $ 12,000 when President Donald Trump's tariff becomes into force.
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The expected price increase is a 25 % tariff result on imported cars and auto parts that are scheduled to enter April 2.
Trump announced the new tax on March 26, referring to unfair trade agreements with other countries as a reason for the rise.
“We will actually charge a 25 % tariff, but if you build your car in the United States, there is no tariff,” Trump said last week.
“What this means is that many foreign auto companies will be in good condition because it has already built its factory [in the US]”
Car sellers say the prices have not yet increased – but this will not last long.
“Jacksonville, Florida, Fox and CBS”.
“We expect it to be soon.”
Lynn said the prices may rise anywhere from $ 5,000 to 12,000 dollars.
The agents already see a flood of clients as buyers are looking to lock the current prices.
“If you are already on the market to buy a car, then continue to speed and quickly slightly exceed the process,” said Brian Modi of Autotrader.
But he urged shoppers to avoid leaving the urgency of the cloud in their rule.
“What happens when there is pressure, people sometimes start searching for amazing deals,” said Modi.
“Thus, just as it was always, if it is very good to be true, it is likely that it is.”
A total of 45 % of the vehicles sold in the United States are imported with the largest share of Mexico and Canada.
Some car manufacturers, such as Mazda and Volvo, are expected to reach definition installments because they import a large part of their cars to the United States.
Axios mentioned only 13 % of Volvo cars in the United States.
Mazda, at the same time, 19 % of its cars are made in the United States while Volkswagen is 21 %.
In 2025, many famous vehicles such as Ford Mover, Chevrolet Blazer, Hyundai, Nissan Sentra, Porsche 911, and Toyota Prius are imported from other countries, according to the Ministry of Transport.
The White House expects $ 100 billion annual revenues of definitions, but experts have warned that consumers will likely bear the burden.
Car industry companies must choose between cost absorption or price increase with analysts expecting the latter.
“We are looking at the prices of vehicles much higher,” Mary Le Leigm, a older colleague at the Peterson Institute for International Economics.
Analysts say the new definitions can pay the average price of a new car exceeding $ 50,000.