You possible heard concerning the 25% auto tariffs imposed by President Donald Trump.
In the event you’re available in the market for a brand new automotive, used automotive, or must get your automotive repaired, maybe you surprise, “How rather more is that this going to value me?”
Nicely, one trade analyst put it this manner, “It’s gonna hit like a hurricane head wind.”
It’s important to contemplate the 25% tariff on autos in addition to the aluminum and metal tariffs.
Analysts say new and used automotive costs, insurance coverage charges, and the worth to repair your automotive will improve.
Erin Keating, an trade analyst with Cox Automotive, joined us on The Morning Present and mentioned sticker shock will settle in on sky excessive auto costs.
Copyright 2025 by WJXT News4JAX – All rights reserved.
