2025 Tariffs FAQs
Learn More About the 2025 Tariffs: Your FAQs Answered
At Koons Ford Silver Spring, we understand that recent changes to U.S. import tariffs may have you wondering how they affect car prices and your buying options. To help you navigate these updates, we’ve put together answers to some of the most common questions about the 2025 tariffs and what they mean for drivers in Silver Spring, MD.
Q1: What are the 2025 tariffs?
In 2025, the U.S. government introduced tariffs on certain imported vehicles and automotive parts, particularly affecting cars made in countries like Mexico and Canada. These tariffs are designed to encourage domestic manufacturing but have led to some vehicle price increases. Key points include:
- Tariffs primarily apply to imported vehicles and parts.
- Vehicles manufactured or assembled in the U.S. generally remain competitively priced.
Q2: How do these tariffs impact me when buying a car?
These tariffs can cause higher prices on certain imported vehicles depending on their country of origin. Imported models from countries without free trade agreements have seen price increases, while domestically built vehicles, including many Ford models, tend to have more stable pricing. It’s important to factor these potential cost increases into your vehicle purchase plans.
Q3: Should I buy now or wait?
Because tariffs may drive prices higher over time, buying now can help you avoid future price hikes. Locking in current prices and taking advantage of dealer incentives before tariffs fully impact pricing is often the smarter move in today’s shifting market.
Q4: Will tariffs affect vehicle availability or service costs?
Possibly. Supply chain disruptions for imported vehicles and parts may lead to delays in availability. Additionally, the cost of repairs and maintenance could rise if parts prices increase due to tariffs.
Q5: Are all cars equally affected by the tariffs?
No. Vehicles that are manufactured or assembled in the U.S. are generally less impacted by these tariffs. Imported vehicles, especially from countries without free trade agreements, tend to see higher price increases.
Q6: How can I minimize the impact of tariffs when shopping?
- Consider U.S.-assembled models to reduce tariff-related costs.
- Explore Used and Certified Pre-Owned vehicles, which are not subject to new import tariffs.
- Act quickly to purchase from current inventory unaffected by the new tariffs.
- Take advantage of dealer incentives and promotions while available - like our Ford Employee Pricing for All on select Ford models below.
May not represent actual vehicle. (Options, colors, trim and body style may vary)
