US EditionBuy now or buy later?: How Trump tariffs will impact prices of cars, homes, and more
- Motor City Buick, GMC saw a sales increase over the weekend, but the cause was unclear.
- President Trump's impending 25% tariff on imported vehicles and parts may have spurred the sales surge.
- The tariff, set to begin this Thursday, is expected to cause an increase in vehicle prices.
- John Pitre stated, "No price change for at least 90 days," due to a large existing car supply.
- Price increases likely will not occur until summer, based on Motor City Buick, GMC's current inventory.
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The IndependentReposted by 
The Independent (US)
The Independent (US)Should you buy a car now? What to know about rising prices after Trump’s tariffs
Foreign-made cars could see a price increase between $5,000 and $15,000 as a result of the tariffs
·London, United Kingdom
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How will used vehicle prices be affected by auto tariffs?
Baris Akyurek, VP of Insights and Intelligence at AutoTrader, says there could be a surge in demand for used vehicles following the 25 per cent tariffs the U.S. will impose on foreign-made vehicles. Speaking to BC Today host Michelle Eliot, Akyurek says he expects used car prices to rise as a result of increased activity in sales of previously owned vehicles.
·Canada
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Coverage Details
Total News Sources67
Leaning Left6Leaning Right4Center38Last UpdatedBias Distribution79% Center
Bias Distribution
- 79% of the sources are Center
79% Center
13%
C 79%
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