The new tariffs primarily target foreign-manufactured vehicles and imported auto parts, while domestically produced vehicles are largely unaffected. 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 changes may not be immediate, they could potentially impact the market in the coming months. As a result, many buyers are electing to secure pre-tariff pricing on new and pre-owned vehicles.
At Land Rover Cerritos, we encourage customers to take advantage of our current inventory and pricing. Here are a few points to consider:
• Lock in Current Prices: All current inventory is Tariff-Free.
• Secure Your Preferred Model: If demand surges, vehicle availability may become limited.
• Take Advantage of Incentives: Current manufacturer offers and dealership incentives may change.
• Save on Service Costs: If you need vehicle maintenance or repairs, now may be the best time to get it done.
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 Land Rover Cerritos, we are committed to keeping our customers informed and providing the best possible service despite these industry changes. Browse our inventory online or visit us today to explore your options. Our expert team is here to guide you through this evolving market and help you make the best choice for your next vehicle purchase.
