That New Car Will Cost You an Extra $5,000 Due to Tariffs
Briefly

The article discusses the potential impact of tariffs on car prices and inventory in the U.S., predicting an average increase of $5,000 within 90 days. With 14% of U.S. trade linked to Mexico and 13% to Canada, popular vehicle stocks like Toyota and Lexus are expected to dwindle rapidly. The inventory challenge is exacerbated by trade restrictions, notably on electric vehicles from China. While some car makers may initially benefit from reduced inventory, the long-term effects could include a significant shift in consumer preferences towards brands with longer-lasting stock.
The most popular cars will soon disappear, with luxury brands Toyota and Lexus likely to be out of stock within a month.
Tariffs will benefit some car companies, but only briefly, as sales will spike but discounts will vanish due to low inventory.
Read at 24/7 Wall St.
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