Memorial Day Weekend: A Strategic Time for Car Buyers Amid Tariff Concerns
As Memorial Day weekend approaches, car dealerships anticipate a surge in sales, traditionally fueled by significant promotions and the onset of summer. However, this year brings uncertainty as shoppers face potential price increases from tariffs on offshore-built vehicles and parts.
Experts at Edmunds offer essential tips to navigate this complex market. Buyers are encouraged to prioritize U.S.-assembled vehicles, which are less affected by tariffs. While domestic brands like Ford and GM are starting points, it’s crucial to verify assembly locations and the sourcing of components.
Additionally, there may still be pre-tariff inventory available at dealerships—vehicles imported before April 2—which could offer buyers savings. In terms of promotions, major automakers are rolling out aggressive incentives, such as Ford’s employee pricing for all customers and attractive financing deals. However, it is vital to compare offers regionally.
For those seeking to avoid tariff-related price shocks entirely, exploring the used car market is advisable, as these vehicles are not impacted by current tariffs. Finally, flexibility in model choices and quick decision-making are encouraged. Given the likelihood of rising prices in the coming months, informed shoppers can leverage this Memorial Day weekend for advantageous deals.
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