In response to President Trump's new tariffs on imported cars set to take effect, many consumers are rushing to dealerships to purchase vehicles before prices increase. John Connelly, a dealership owner, has observed heightened concern among customers about potential price hikes due to tariffs. The 25% duty on passenger vehicles and parts has driven buyers to act quickly, reflecting how tariffs are significantly impacting consumer behavior and the automobile market, as budgeting for a new car amidst rising costs becomes critical for families.
There are many folks who were thinking of buying a vehicle... now rushing to buy before the end of the month. This is a clear reaction to anticipated tariff hikes.
When you're buying a $60,000 car, that really adds up. People are concerned about how the tariffs will increase the overall price of their purchase.
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