Not trying to start a political debate, more of an FYI. Saw today that 25% tariffs were announced for any vehicle made outside of the United States, slated to take effect on April 2 and collections slated to start on April 3. It will be interesting to see how much of the tariff Toyota absorbs vs how much is passed on to the customer, if you are in the market might not be a bad time to grab one in the next week if you find what you like.
Upcoming tariffs on vehicles made outside the US
- Thread starter AndrewTK
- Start date
I guess it's a good thing that I already put money down on my LC
- Moderator
- #3
Runaway speculation?
I put $1,000 down and it is marked as sold
Used LCs will go up in value…new ones will cost more. You better hope it clears port of entry sooner.
- Moderator
- #8
To the captain of the transport ship, "FLANK SPEED!!!"
Glad I already got my LC. This is kind of sad for folks who want one…25% is crazy
I knew this was coming. I picked up the 1958 two weeks after the elections. I was like this could end up being like buying some stocks low.
A BMW X5 made in South Carolina won't take a hit. This means that sadly if this tariff game stays on, our beloved Tahara made cars will either cost a lot more or get built in North America.
A BMW X5 made in South Carolina won't take a hit. This means that sadly if this tariff game stays on, our beloved Tahara made cars will either cost a lot more or get built in North America.
Obviously a negotiation tactic. The art of the deal. When the dust settles and the tariffs are only 5% everyone will be thankful.
I wish you all luck, but providing money down may not lock in the OTD price, just the dealers contributions to the out the door price.
They will want to adjust MSRP at delivery. I put money down in February and took delivery a couple weeks ago, but they explicitly called out that the final delivery price would track MSRP up or down as that was “out of the dealerships control”.
Best of luck! I hope you get your rides unadulterated!
They will want to adjust MSRP at delivery. I put money down in February and took delivery a couple weeks ago, but they explicitly called out that the final delivery price would track MSRP up or down as that was “out of the dealerships control”.
Best of luck! I hope you get your rides unadulterated!
Mine is supposed to be in usa on 4/1
Also I got the out the door price
I bought mine beginning of February. Tariffs were one of my concerns then, and the reason I made my purchase. It’s two months into this administration and we will all pay for it, red or blue. LC and GX owners are fortunate to be able to afford these vehicles, esp as second and third “toys”, with all our added goodies. We won’t feel it as much as those less fortunate, with less means. Please be kind and understanding to each other. 2 cents.
People will wonder why their insurance will jump, cost of parts (also tariffed) in addition to their Toyotas, Hyundais….etc. There are more ramifications to this than many realize.
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