Tariff Watch 2025: Should Midwest Buyers Act Before Prices Spike Again?
- Harry Tepe
- May 6
- 9 min read
Shopping for a new car is tough, especially when prices rise. In April 2025, tariffs pushed car prices up. This guide helps you navigate the "Car Tariff 2025 Midwest" to dodge big price increases.
Learn how to save on your next car here.
Key Takeaways
Starting in 2025, new car tariffs will add a 25% cost to cars from Mexico, Canada, and China. This may increase the price of U.S.-made cars by $3,000.
Buyers should purchase before May 2025 to avoid price jumps on new and used vehicles. Foreign cars could see prices rise by up to $10,000.
Used car prices have risen by 4.9%, pushing the average cost above $25,000 due to expensive parts from other countries.
Tom Tepe Autocenter & Car Country provides deals and advice on financing to help Midwest buyers save money before car prices go up.
With rising interest rates for car loans, it's wise for buyers to secure lower rates soon. Quick actions can also ensure savings on current dealership stock.
Understanding the 2025 Auto Tariffs
In 2025, new auto tariffs will impact car and truck prices, affecting models at dealerships like Tom Tepe Autocenter & Car Country. These changes will alter the cost for buyers.
What are the 2025 auto tariffs?
The 2025 auto tariffs will add a 25% charge on cars from Mexico and Canada, plus a 20% fee on goods from China starting May 3, 2025. These charges could make U.S.-made vehicles $3,000 more expensive.
At Tom Tepe Autocenter, we're ready to guide you through these price changes for Chevrolet and other brands. Countries like Mexico, Canada, and China will feel the impact of these tariffs the most.
Key countries impacted by the tariffs
Auto tariffs in 2025 will impact several countries, affecting car prices and availability.
Canada's Prime Minister Mark Carney mentioned these tariffs clash with the United States-Mexico-Canada Agreement (USMCA), hinting at possible retaliation.
Germany's auto industry, a major exporter of cars and parts, could see reduced sales due to the tariffs.
Japan fears these tariffs will limit their car exports to us, leading to fewer choices and higher costs.
South Korea's sales might drop as Trade Minister Ahn Duk-geun voiced concerns about
selling their vehicles in this new tariff landscape.
At Tom Tepe Autocenter and Car Country, we are monitoring these changes closely. We aim to guide our customers through this period of uncertainty confidently.
How the Tariffs Will Impact Vehicle Prices
In 2025, auto tariffs will hike new and used car prices, advising buyers to purchase sooner.
Expected price increases for new cars
New car prices are rising. Foreign cars could cost $5,000 to $10,000 more. Brands like Chevrolet might increase by about $3,000.
At Tom Tepe Autocenter and Car Country, we keep an eye on these changes. Parts from outside the U.S. can make up 40%-80% of the cost for American-made cars. This means their prices could go up by 20%-40%.
Buying now helps you avoid those price jumps.
Harry Tepe suggests securing your next vehicle soon to dodge future increases.
Ripple effects on used car prices
Used car prices have risen due to import tariffs. In April, prices grew by 4.9% from the previous year, pushing the value index to a new high of 208.2 since 2023. The average price for these cars is now over $25,000, marking a 2% increase.
This is because parts needed in the U.S. to build and repair cars are getting more expensive.
At Tom Tepe Autocenter and Car Country, we see more buyers turning to used Chevrolet vehicles. We know that about 40%-80% of parts for these cars come from abroad. Our goal is to keep prices competitive and help our customers find affordable options before costs go up even more.
Why Midwest Buyers Should Act Now
Midwest shoppers, buy your car now to dodge the 2025 auto tariffs and save at Tom Tepe Autocenter and Car Country.
Avoiding sticker shock by purchasing early
Get your Chevrolet now to dodge the price hike from 2025 auto tariffs. Tom Tepe Autocenter knows it's smart to buy before costs go up. Tariffs will make car prices jump.
"Buy early and save," is our mantra at Tom Tepe Autocenter.
We're offering deals and incentives for a limited time. With vehicles from Ohio, Indiana, and Kentucky available, act fast to lock in your savings. Delaying could mean missing out on discounts and paying more due to higher loan interest rates later on.
Taking advantage of current discounts and incentives
Car prices will rise in 2025 due to new tariffs. Sales incentives for new cars are at their lowest since summer 2024, making now a good time to buy. Tom Tepe Autocenter & Car Country offers deals and promotions to help customers purchase before the increase.
These promotions are temporary.
Manufacturers and dealerships aim to maintain strong sales with current offers. For those near Cincinnati or Indianapolis interested in Chevrolet or other vehicles, buying now is wise.
Early financing can secure savings before higher interest rates affect costs.
Tips for Midwest Buyers from Tom Tepe Autocenter and Car Country
At Tom Tepe Autocenter and Car Country, we help Midwest buyers make wise choices before auto tariffs potentially raise car prices. Our advice focuses on:
Getting good financing terms
Choosing from our wide range of cars in stock
This ensures customers stay ahead of market shifts with confidence.
Secure financing before interest rates rise
Interest rates are rising, making car loans more expensive. Buyers should secure lower rates now. Get a loan approval before looking for a Chevrolet at Tom Tepe Autocenter and Car Country.
A credit score above 700 brings better loan terms and stronger negotiating power with dealers.
Choosing shorter loan terms reduces interest costs over time, saving money. Our dealership team will guide you to financing options that fit your budget and keep costs low as you explore our vehicle selection.
Prioritize in-stock vehicles to lock in savings
At Tom Tepe Autocenter, Midwest shoppers find in-stock Chevrolet vehicles that save money. Cars are ready now, which means buyers can skip the wait and dodge future price hikes due to economic shifts.
Our team ensures competitive pricing on all our vehicles.
Choosing a car from our current stock is smart to secure savings before prices go up. We offer a variety of models for every budget, allowing buyers to pick their ideal Chevrolet quickly and without added costs.
Explore trade-in incentives for additional value
Trade in your car at Tom Tepe Autocenter and Car Country for top value. We offer great savings on new or used Chevrolet vehicles when you trade in. Find out what your old car is worth with our easy valuation process.
This can lead to better deals on a wide selection of cars. Buying from us offers Midwest buyers competitive prices, even with market changes.
Benefits of Buying from Tom Tepe Autocenter and Car Country
Buying from Tom Tepe Autocenter and Car Country means getting more than just a vehicle. We offer competitive prices and a variety of options to fit any budget, helping buyers navigate market changes with confidence.
Competitive pricing despite market changes
At Tom Tepe Autocenter and Car Country, we keep our car prices competitive, even when market conditions change. In the U.S., new car prices have remained stable after auto tariffs were introduced. This demonstrates our commitment to offering good deals on various brands such as Chevrolet.
We always consider each buyer's budget. At our dealerships, you'll find a broad range of vehicles at consistent prices. Our team ensures you get value for your money with both new and pre-owned options.
We provide excellent trade-in opportunities as well.
Wide selection of vehicles for every budget
Tom Tepe Autocenter and Car Country have cars for every budget. They sell new Chevrolet vehicles, used trucks, and SUVs. The team works to match you with a car that fits your budget.
Harry Tepe says they offer value across the board. You can find both luxury vehicles and economical choices here. This ensures buyers get a car they love within their price range.
Trusted financing options tailored for Midwest buyers
Midwest buyers looking for a Chevrolet can find affordable financing options at our dealership. We offer a secure online pre-approval process. This lets customers quickly lock in good rates before they rise with market changes.
Our finance department aims to provide clear and straightforward loan options tailored for Midwest buyers.
Exploring Tom Tepe Autocenter and Car Country's Inventory
Visit Tom Tepe Autocenter and Car Country for a selection of new and used cars.
New vehicle selection at Tom Tepe Autocenter
Tom Tepe Autocenter sells new Chevrolet models like the Chevy Silverado 1500, Equinox, and Traverse. These vehicles are suitable for varied needs—whether it's tough work in
Harrison Ohio or family outings around Aurora Indiana and Milan Indiana.
The team ensures a pressure-free experience to help customers pick their next car easily.
Harry Tepe says the dealership offers a mix of trucks and SUVs to fit any budget or need, aiming for customer satisfaction.
With competitive prices and financing options designed for Midwest buyers, selecting a car from this dealership promises value and confidence in your purchase.
Pre-owned vehicle options at Car Country
Car Country offers quality pre-owned Chevrolet vehicles. Prices range under $10k and between $10k-$19,999 to $20k-$29,999, fitting various budgets. Every car is checked and ready for the road.
Teams at Car Country Aurora and Car Country Harrison select top used cars. Each vehicle undergoes a thorough check before sale. For those seeking deals on Chevrolets or other brands, we provide many options.
Visit to find your next vehicle with us.
How to value your trade-in with Tom Tepe Autocenter
At Tom Tepe Autocenter, we streamline your trade-in process for a Chevrolet vehicle. Here's how:
Go to our website and locate the trade-in form designed to capture essential details of your car.
Enter specific information such as make, model, year, and condition. Honesty ensures an accurate evaluation.
List any additional features like a sunroof or navigation system.
After submitting the form online, our team will quickly assess it.
Expect a follow-up call or email from us with an initial estimate.
For final confirmation on value, bring your car in for a direct assessment at Tom Tepe Autocenter.
We'll then discuss trade-in values and options available to you.
Our commitment is to provide fair prices for your trade-ins, aiding in an efficient transition into another Chevrolet model with professionalism and attention to detail.
Conclusion
Buyers in the Midwest, pay attention. Car prices will rise in 2025 because of auto tariffs. This includes new and used cars at Tom Tepe Autocenter & Car Country. Take action now to avoid higher costs later.
Look for deals within your budget before they disappear. We aim to make this transition smooth for you. Get your next Chevrolet without worrying about tariffs at our centers today.
FAQs
1. When do the 2025 auto tariffs go into effect, and how will they impact car prices?
The tariffs begin on April 3, 2025, with additional parts tariffs starting May 3, 2025. These new import taxes could raise new car prices by $3,000 to $10,000 depending on the make and model. Used cars are also expected to go up due to higher parts costs. Acting before these dates could help you avoid steep price hikes.
2. Will the tariffs affect used vehicles, or just new ones?
Both. While the tariffs directly impact new imports, they also increase the cost of car parts used in repairs and manufacturing, which drives up used car prices. Recent data already shows a 4.9% increase in used car prices year-over-year. Buying now can help lock in current values before they climb further.
3. How can I protect myself from rising prices due to the tariffs?
Midwest buyers can avoid price spikes by purchasing or leasing a vehicle before May 2025. At Tom Tepe Autocenter and Car Country, we offer a wide selection of in-stock vehicles, along with financing options for qualified customers to help you secure your deal ahead of the market shift.
4. Will financing become more expensive too?
Yes, interest rates are expected to rise as market conditions change. That means monthly payments could increase. We recommend getting pre-approved for financing now, especially if your credit score is 700 or higher, to lock in lower rates before they go up.
5. Are there trade-in incentives available to offset rising costs?
Yes. Tom Tepe Autocenter and Car Country offer competitive trade-in values to help reduce the cost of your next vehicle. You can even start the process online for a fast estimate. Trading in now can help you take advantage of current promotions and avoid depreciation losses as the market changes.
Harry Tepe, Owner and Dealer Principal, Tom Tepe Autocenter
Harry Tepe is a seasoned automotive expert and the owner of Tom Tepe Autocenter, a leading vehicle dealership serving the Midwest states of Ohio, Indiana, and Kentucky. With a lifelong passion for automobiles.
Over the years, Harry worked his way up through various roles, absorbing valuable insights into sales management and dealership operations until he became the youngest GM Dealer Principal and owner of Tom Tepe Autocenter, expanding the business to include multiple locations and a standalone reconditioning center.
Under Harry's leadership, Tom Tepe Autocenter and Car Country in Aurora and Harrison, Ohio, have grown exponentially, selling over 2000 vehicles annually and generating over $50 million in revenue. His active involvement in the industry is further evidenced by his participation in the NADA 20 Group and his influential role on the Board of Directors for the Indiana Auto Dealers Association, even serving as its President in 2016.
Harry's journey embodies the essence of expertise, authority, and trustworthiness. His insights and experiences are not just stories of personal growth and business success; they are testaments to his deep understanding of and commitment to the automotive industry.
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