| Curious because I need to buy a new car but I had some expenses come up this month and other stuff. With the effect go into motion after April 2nd or would dealers just start marking up by tomorrow or even today? |
| Sorry I meant used car but new to me can't afford a new car really. 50K for out the door price for a RAV4 is crazy. |
| My husband used this reason to justify a new car last week. The dealer told him they have not gotten any revised pricing from the corporate office as of yet. I'd assume that would go through as soon as the tariffs become official. In the meantime, the dealership was relatively busy but it was also end of the month. DH thought he got a pretty good deal on the specific used car that he'd been looking for. |
Cars in stock or in transit prior to April 2nd no Tarriff issue. However, post April 2nd depending on inventory and what they ordered that is in transit prices wont shoot up. But will start to move up. American cars have a bit of a reprieve. Till May 2nd on most models. However, some "American Cars" like Chevy Trailblazer are 100 percent built in South Korea they will rise quickly. While the Cadilac are built in the USA at Lansing Grand River Assembly, Michigan, U.S. Arlington Assembly, Texas, U.S. etc. Cadillac will be biggest winner as BMW, Mercedes, Jaguar the other luxury car dealers all will have a 25 percent tarriff. GM electric cars I hear get a lot of parts outside the country so Tarriffs hurt them alot |
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It seems like a supply and demand thing going on. If you want a car for example a 4 Runner or Highlander. Dealers are out of stock but may have one or two and they will sock it to you with the price and extras.
Dealers aren't stocking cars on their lots any more. It cost them money to have them sit on the lot. They got smart. If you want a new one you have to order it and hope it doesn't take two or three months to get it. They have very few used cars because people are buying them up. Between now when people get a tax refund and kids graduating from school people are buying up everything. |
It also costs them money when you shop elsewhere. |
This exactly. I bought a CRV two weeks ago, and got the price I wanted and no extras. They didn't have the color I wanted on the lot without the extras, but he found one for me that was in transit. That's not going to be as easy now because there is so much demand and they will slap those extras on before they offer them for sale. Turns out the car I got did have some extras, but they couldn't charge me for it because I already had the deposit on it. |
Um, several of BMW and Mercedes most popular crossover SUVs are assembled in the U.S. BMW plant in Spartanburg, South Carolina assembles the X3, X4, X5, X6, X7, and XM sports activity vehicles. Mercedes-Benz plant in Tuscaloosa County, Alabama assembles the GLE, GLS, Mercedes-Maybach GLS, EQE, EQS, and Mercedes-Maybach EQS SUV. |
| This year's prices are already set. the cars and the parts they are made of were purchased long ago. |
Doesn't stop them from gouging people |
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Ford just announced that they will be lowering them now. All people will be eligible for A-Plan pricing. That is Ford's preferential employee pricing.
I would guess that they are doing this only for the time that existing inventory lasts. So if you are in the market for a car, I would chat with Ford soon. |
It doesn't matter where they are assembled. The most American car is one of the Teslas. It is 80% American. That 20% is still tariffed. |
| now...because people are panicking to purchase |
That’s not how they set prices. It’s supply and demand. There is HUGE demand because people want to buy before tariff pricing. Jokes on them, tariff pricing already here because of that demand. |
Exactly why I put my deposit down 3 weeks ago, before it was top of mind for most people. I got a very good deal. |