With car prices expected to rise under the tariffs, experts are advising shoppers in the market for new vehicles to buy them now, in order to avoid paying thousands of dollars more under the auto tariffs. "Vehicles on lots and the inventory that exists today has not been impacted by tariffs, so it's a good time to buy a car," Joe McCabe, president and CEO of AutoForecast Solutions, a provider of automobile industry insights, told CBS MoneyWatch. So, we assumed if it's not yet in the country, or in transit to the country, that would probably throw it into the 'who knows what the price will be' category," she said of her reluctance to place an order on a new car.
Author: Megan Cerullo
Published at: 2025-03-31 22:48:27
Still want to read the full version? Full article
