New import tariffs could drive up car prices, making used vehicles more valuable
With a new 25% tariff on imported vehicles and key auto parts set to take effect April 2 under an executive order from former President Donald Trump, Nyghtstorm is concerned that buying or even repairing a car could become much more expensive.
President Donald Trump upended the U.S. car business by imposing “draconian” 25% tariffs on all cars imported to America and ...
Keep in mind that electric vehicles need maintenance, too: By 100,000 miles ... As with any used car, you should take a high-mileage car to a mechanic you trust and have worked with before.
The average price for new vehicles is more than $10,000 higher than before the pandemic, according to Kelley Blue Book.
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