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The U.S. auto industry is facing a significant shift as new tariffs on imported vehicles and parts take effect. These changes mark one of the biggest disruptions since the COVID-19 pandemic and possibly even since the North American Free Trade Agreement (NAFTA) was signed in the early 1990s. At Jaguar Cerritos, we are closely monitoring the impact of these tariffs to help our customers make informed decisions about their vehicle purchases.
The new tariffs primarily target foreign-manufactured vehicles and imported auto parts. While domestically produced vehicles are largely unaffected, manufacturers relying on imported components may face significant cost increases. The tariffs will apply to the foreign content value of a vehicle, meaning that automakers will likely seek to increase U.S.-based manufacturing to minimize their exposure to these additional costs.
This shift aligns with the administration’s goal of bringing more automotive jobs back to the U.S. The United Auto Workers Union (UAW) has welcomed this development, seeing it as an opportunity to create thousands of well-paying, blue-collar jobs in working-class communities.
For consumers, these tariffs could lead to higher vehicle prices, potential inventory shortages, and increased repair costs due to rising part prices. While these price changes may not be immediate, they are expected to impact the market in the coming months. As a result, many buyers are rushing to secure pre-tariff pricing on new and pre-owned vehicles before dealerships adjust to the new costs.
At Jaguar Cerritos, we encourage customers to take advantage of our current inventory and pricing before tariff-related price adjustments take effect. Here’s why acting now is a smart move:
• Lock in Current Prices: Avoid potential price hikes by purchasing before costs increase.
• Secure Your Preferred Model: As demand surges, vehicle availability may become more limited.
• Take Advantage of Incentives: Current manufacturer offers and dealership incentives may change post-tariffs.
• Save on Service Costs: If you need vehicle maintenance or repairs, now may be the best time to get it done before parts costs rise.
While the administration states these tariffs are final, negotiations could continue, leaving room for potential adjustments. Automakers and foreign governments may seek exemptions or policy modifications in the future. However, uncertainty remains, making it crucial for car buyers to plan accordingly.
At Jaguar Cerritos, we are committed to keeping our customers informed and providing the best possible deals despite these industry changes. Browse our inventory online or visit us today to explore your options before these tariffs take full effect. Our expert team is here to guide you through this evolving market and help you make the best choice for your next vehicle purchase.
