Impact of Tariffs on Car Purchases in the USA
Economic policy affects not only business but also decisions about purchasing cars. Although tariffs have not caused immediate chaos in the automotive industry, they are already changing consumer behavior. Research shows that 75% of buyers will consider tariffs when choosing a new car, and 37% may accelerate their purchase to avoid price increases.
According to Edmunds, 44% of respondents noted that tariffs would definitely affect their choice, and 31% consider it a partial factor. The expectation of price increases is forcing many to buy a car earlier than planned. This indicates that psychological pressure plays a greater role than actual market changes.
Growing Demand for Used Cars
Due to uncertainty, some buyers postpone their decision, while others, on the contrary, hurry. 58% of consumers are considering the option of buying a used car, and 46% are considering certified pre-owned models. Analysis of online searches confirms that many who initially looked for a new car are now interested in used options.
The tariff situation affects not only prices but also consumer confidence. Even without clear legislative changes, the market is already reacting – people are looking for alternatives or trying to keep up with possible changes. This may lead to increased sales in the short term, but the long-term consequences remain unpredictable.