zzdcar
Home
/
Reviews
/
Automobile information
/
Tariffs: U.S. Ram Dealer Expects Pickup Prices to Jump By As Much As $20,000
Tariffs: U.S. Ram Dealer Expects Pickup Prices to Jump By As Much As $20,000-April 2024
2025-03-06 EST 10:13:41

  For now - specifically, for one month - the Trump administrations 25-percent tariffs on products entering the U.S. from Canada and Mexico exclude automotive products.

  Gamesmanship aside, however, its clear that 25-percent tariffs would have a major impact on automotive prices, production, jobs - in short, on the entire supply chain.

  Its also clear that elected Republicans have hearing it from all sides since the Trump administration announced the tariffs, because everyone agrees their effects will be devastating in the long term.

  Yesterday, a Pennsylvania car dealer gave Fox News a concrete example of a situation that could arise if the tariffs are imposed on the automotive sector.

  David Kelleher, owner of David Auto Group and a Chrysler Dodge Jeep and Ram dealer, related that a customer who had ordered a Ram had just changed his mind, not surprising given that the price of the truck he wanted was going to jump from $80,000 to $100,000 USD.

  As a result, that vehicle will sit on the dealers lot. Said Kelleher, no one is going to buy this truck because its price has just gone up by $20,000.

  That might be an extreme case, but according to Kelly Blue Book, in a world with tariffs in place, vehicle prices would increase by anywhere from $3,000 to $10,000 USD. This varies from product to product - not everyone sees the same quantity of parts crossing the border as often during the production process. In some cases, components can cross the Canada-U.S. six times; one example is the raw aluminum used in pistons.

  The price of car insurance is also set to rise, because when a repair is needed, the replacement part may have to cross the border.

  All of this explains why many continue to believe theres much gamesmanship involved, and that an agreement will be reached. On the other, predictability is not a defining characteristic of the Trump Administration.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Automobile information
Are BMW 5 Series good cars?
Are BMW 5 Series good cars?
  The BMW 5 Series stands as a well-regarded car in the automotive world, earning praise from both industry experts and owners alike. It has carved a niche for itself by blending performance, luxury, and cutting-edge technology. Lets delve into the key factors behind the BMW 5 Series acclaim:   Performance: The BMW 5 Series offers a spectrum of engine choices, including...
Apr 2, 2025
Are BMW X4 good cars?
Are BMW X4 good cars?
  As of my last knowledge update in January 2022, the BMW X4 is generally well-regarded as a luxury compact crossover SUV. However, whether a BMW X4 is a good car for you depends on your specific preferences, needs, and priorities. Here are some factors to consider:   Pros:   Performance: The BMW X4 is known for its sporty and engaging driving dynamics....
Apr 2, 2025
Can a BMW i3 charge at a Tesla charging station?
Can a BMW i3 charge at a Tesla charging station?
  BMW i3 vehicles are not designed to charge directly at Tesla Supercharger stations. Tesla Superchargers use a proprietary charging technology that is specific to Tesla vehicles. Tesla vehicles use a unique charging connector and communication protocol that is not compatible with other electric vehicles, including the BMW i3.   The BMW i3 typically uses the Combined Charging System CCS or Type...
Apr 2, 2025
Can BMW i3 run on gas only?
Can BMW i3 run on gas only?
  The BMW i3 is primarily an electric vehicle EV designed to operate on electric power stored in its high-voltage lithium-ion battery pack. However, some versions of the BMW i3 are available with an optional range extender, often referred to as the REx model. The range extender is a small internal combustion engine that serves as a generator to produce electricity,...
Apr 2, 2025
Are BMWs expensive to fix?
Are BMWs expensive to fix?
  Yes, BMWs are generally associated with higher maintenance and repair costs compared to non-luxury vehicles. Several factors contribute to the perception of BMWs being expensive to fix:   High-Quality Parts: BMWs use high-quality materials and components, and genuine BMW parts tend to be more expensive than generic alternatives. Advanced Technology: BMW vehicles are equipped with advanced technology and electronics. Repairing or...
Apr 2, 2025
Are BMW X6 reliable?
Are BMW X6 reliable?
  the BMW X6 was a bit of a mixed bag, as is the case with any vehicle. It all boils down to factors like the model year, how well its been taken care of, and the driving conditions its been through. Since the BMW X6 falls into the luxury SUV category, you might find that its maintenance and repair costs...
Apr 2, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved