If you are not on the market for a new car, US President Donald Trump’s 25% tariffs in automatic imports can be more expensive.
The new taxes, which will begin on April 3 and begin in the weekend, are estimated to increase the average price of a car brought from another country up to thousands of dollars. However, the repair work is expected to be pricier for vehicles using foreign-produced parts – and as a result, insurance costs farther than the road increased.
The White House will develop domestic production of these tariffs and $ 100 billion will increase the increase every year, Economists highlights The auto industry brings significant violations that revive the global supply chain. Dealership and car repair shops will probably be the lowest choice of the country’s leading drivers in the country to pay more for daily repairs every day.
Here’s what you need to know.
How will tariffs affect my next car repair?
It depends on what you need from what you need and your car. However, some industrial analysts warn that drivers can see that they can be jumped early until weeks or months.
“If you bring your car to repair, you have a chance, there will be a part of another country,” said Jessica Caldwell, the Title of Concepts in Auto-Sale Resource Edmunds. “This price you pay is likely to be directly affected by the increase (these tariffs).”
Trump’s Wednesday Announcement in automatic tariffs Special engines, transmitters, powertrin parts and electrical components. As this is, Caldwell records and management, which cover many repairs, also said the future expansion.
Although cars can develop new price strategies for new vehicles affected by tariffs, Caldwell expects to win the cost of individual parts – consumers are less likely to put forward with the bill.
Most of the car repair market, especially America’s largest trading partners, has been relied on imports. A trading group from the American Property Loss Insurance Association, a trading group representing household, automatic and business insurers, is about 6 automatic variations used in auto shop repair, Canada and China are imported in Canada and China.
“You can’t go to a seller today and you do not see a United Nations organization,” said Skyler Chadwick, Director of Product Consulting in Cox Automotive. However, the source and supply varies between each servicer, it makes it more complex to nail the full prices after these tariffs increase in effect.
Conyers, the owner of the crown corner, which is an auto repair and mechanics store in Conyers, Desiree Hill, said that car tariffs are already harmed. A vineyard was working on the repair of the 1960 Opel record car and ordered a part of Germany, but the producer canceled the order due to tariffs.
“I can’t get anywhere (part) of our country. The period. So it was very disappointed,” he said.
About half of the cars he worked, so tariffs will make it difficult for these cars to make it harder.
“Unfortunately, we do not have another choice to raise prices if they are resurrected.” “We can’t get such a loss.”
Car repair prices have been for years, as well as analysts that indicate more expensive components needed for the costs of developing labor costs, as well as with advanced technology.
Automotive Body Parts Association Executive Director Edward Salamy also says that car companies work in their parts or processes, to reduce their choices for consumers.
Tariffs said, he will simply aggravate the issue: “Many of these distributors will not have a choice but to lift the list prices.”
How are car dealers managed?
Joshua Alrich, who is a car dealer used in a family named Alrich Auto in Atlant, is between those who face more costs while trying to make money to their customers.
“It is intended to make everything more expensive,” he said.
Chadwick says that sellers and other servants are preparing for difficult conversations compared to customers in growing prices, they say these tariffs are as transparent to take effect.
It adds that tariffs will put pressure on the resident’s market. Used cars often need to serve before sellers sell them before they can sell customers – open the door for higher repairs due to tariffs. And “all these costs return to the consumer” explains what they need to pay for.
Efforts to postpone effects, some dealers and repair shops, especially for the most required parts, can be backed up in inventory before tapping tariffs. Analysts have long been waiting for the threat of auto tariffs for a long time and are already fighting Trump Steel and aluminum collections It took the effect this month ago.
But Stockpile can only go so far. For small business owners, spend money for many inventories at a time may be risky, especially Trump’s again, re-tariff threats Lift the questions about how long they will last.
Whether they are under short-term survival, Caldwell said, “Do you really want to get a bunch of inventory you will have to sit for a while and catch for a while?”
What will happen with insurance premiums?
Accidents covering new parts will see increased costs for repair, insurance premiums will increase due to tariffs.
But this can be farther to the future. Vice-president of individual lines in the American Property Conducting Association Bob Passmore expects to influence the insurance bill for the insurance bill for the minimum insurance invoices. The reason for this, the increase in prices should be hit by allegations, and then new prices will be carried out after the issuance and approval.
However, the trade union, the only expenditures of individual auto insurance claims were only $ 7 billion and between $ 24 billion in $ 24 billion.
It was not immediately clear how many providers of the higher providers of the highway how these tariffs would be. AllState, State Farm, Geico and Progressive Identify Press’ did not respond to surveys for comment on Friday.
But even if it takes a long time to drive, these tariff-related walkers will come back to the growing insurance costs of consumers again. The Insurance Information Institute estimated that in 2023 in 2023, the average of 14% and 12% of the United States.
CEO of the media relations of the institute, by email, the research trade in 2025 in 2025 in 2025 in the early 2025 – did not take into account the potential tariff effects.
The increase in growing costs from the tariffs adds “chain reaction to insurance”, Caldwell. “This is more than a growing overall property expenditures than just one purchase increase.”
This story was first displayed on Fortune.com
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