Is now the time to buy cars amid tariff uncertainties?

Why Rushing to Buy a Car Before Tariffs Hit Might Not Mean a Good Deal

New automotive tariffs are beginning to take effect in April and May. While some anxious buyers are rushing to dealerships to make a purchase, buying today may not necessarily ensure a good deal, several experts said. Prices for new and used cars have been surging since 2019. U.S. tariffs on auto imports have added a new source of pressure on an already difficult market. Some experts argue that prices will inevitably rise, while others suggest a…

ThePatriotLight - Why Rushing to Buy a Car Before Tariffs Hit Might Not Mean a Good Deal

ThePatriotLight - New automotive tariffs are beginning to take effect in April and May. While some anxious buyers are rushing to dealerships to make a purchase, buying today may not necessarily ensure a good deal, several experts said.Prices for new and used cars have been surging since 2019. U.S. tariffs on auto imports have added a new source of pressure on an already difficult market. Some experts argue that prices will inevitably rise, while…

Is now the time to buy cars amid tariff uncertainties?

Amid global negotiations over tariff threats, an Albuquerque car dealership is urging consumers to buy now before potential impacts trickle down to auto-manufacturers.

Hawaii auto sales fall amid economic uncertainty

Hawaii auto sales continued to fall this year and badly trailed the rest of the country — with an uncertain future ahead because of President Donald Trump’s economic policies, the Hawaii Automobile Dealers Association reported Wednesday. Auto sales on the mainland increased 4.2% for the first three months of the year compared to the same time last year. But Hawaii dealers saw a drop of 1.3%, based on new vehicle registrations for the first three…

EchoPark used-car stores well-prepared for ‘headwind’ of tariffs

News watchers who have seen continuous coverage of government-imposed tariffs didn’t get much of a break during Sonic Automotive’s first quarter 2025 earnings call last week. Sonic’s chairman and CEO David Smith said in his opening comments of the earnings call that the company is still dealing with the “uncertainty” of the tariff situation. Tariffs, along with the strong performance of Sonic’s used-vehicle business, EchoPark, received a great d…

Turning Tariffs into Opportunity: How Dealers can Maximize Service Revenue

As new tariffs threaten to raise prices on imported vehicles and auto parts, dealership leaders and consultants are urging the industry to stay focused on the customer experience. In today’s episode of Inside Automotive, we’re joined by Ed Roberts, COO of Bozard Ford Lincoln; Tully Williams, fixed ops director at The Niello Company; and Skyler Chadwick, director of Product Consulting at Cox Automotive, to break down how tariffs could impact deal…