2 Apr 2025 04:00
What Cars are Most and Least Affected by the 25% Tariffs?
Summary
In this episode of The Straight Shift, LeeAnn Shattuck, The Car Chick©, discusses the recent implementation of a 25% tariff on imported vehicles and its implications for the automotive industry and consumers. She breaks down how these tariffs will affect car prices, which brands will be hit hardest, and the broader economic impact. The Car Chick© also shares her plans to keep listeners informed through a new newsletter and updates to her online course.
Takeaways
- The new 25% tariffs on imported cars will significantly impact car prices.
- Luxury brands and entry-level models will be hit hardest by the tariffs.
- The tariffs could raise car prices by $5,000 to $15,000 per vehicle.
- The tariffs will also make it more expensive to maintain the car you already own.
- The Car Chick© plans to launch a newsletter to keep consumers informed about automotive news.
Resources:www.TheCarChick.comwww.CarBuyingCourse.com
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