Ep 8 How tariffs will affect USED car prices
- Author
- Meredith Reynolds
- Published
- Thu 27 Mar 2025
- Episode Link
- None
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In this episode of 'Women Buying Cars,' host Meredith Reynolds of Kansas City discusses the newly imposed 25% tariff on imported vehicles by President Trump and how it impacts both new and used car markets. Meredith explains the complexity of car assembly processes, involving multiple countries, and how tariffs on parts and final assemblies can lead to increased car prices. She predicts that the price hikes on new cars will shift demand to used cars, causing a rise in their prices as well due to decreased supply. Meredith also highlights the implications for small dealerships and offers advice for car buyers to purchase sooner rather than later. Additionally, she reviews the Chevy Traverse, emphasizing its spaciousness and recommending it for those needing a roomy SUV.
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