Our own Erin Keating recently sat down with CNN to discuss the impact new auto tariffs will have on car buyers. The good news, consumers are flooding the market right now in anticipation of increased costs further down the line. Hear Erin’s breakdown below, then read the full article to learn how this will affect consumers, so you can address car buyer concerns and drive wins during an uncertain time: https://bit.ly/3E2ZYEG
OK, here's the deal. I'm in the green room getting ready to go on CNN and I'm talking tariffs. So what do you need to know? Well, one for new car buying. Cars are going to get expensive, but hold your fire. Don't completely freak out just yet because if you're not in the market for a car immediately, things could change. However, if you do need a car, it's a safe bet get to your local dealership. Used cars, well, we do anticipate that the rising price of new cars will also affect the rising price in used cars. It's simple supply and demand and we're already in a time period where we're crunched for one to three-year old vehicles due to all those cars we lost during the pandemic. As far as owning a car, that might take some time to see the cost start to rise. Auto parts are still being held off until the beginning of May and we don't know exactly what that's going to look like for individual consumers repairing their vehicles.
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