The Tariffs will more than likely be coming this fall adding 25% to the price. So if your car arrives at the port after they are applied to all foreign cars. Will you cancel your order??

What will this do to the Jaguar market? Will new cars be priced out of reach, will used cars gain in value?


Just curious what others think about what's about to happen.


Trump is pushing 25% auto tariff, despite top advisers scrambling to stop him, sources say

https://business.financialpost.com/n..._autoplay=true

 

 

Will just have to get an extended warranty and keep mine!

 

For what it's worth, I placed an order in March and now have a (revised) ETA at dealership of 8/24. I was told that because the order is already in, my car is "price protected" (my dealer's words) against tariffs...

 

Sadly, it will make no difference to a specific buying decision, since historically domestic car prices go up to match every tarrif.

 

 

Told the dealer I was ready to place order on March 31; allocation was confirmed and build sheet given to me on April 26 with ETA of July 20; build was moved forward with new ETA of 6/22 (good news); was told on June 16 (week before scheduled delivery) that the car would have to wait for engine certification (see whole thread I started on the subject) with new ETA of 9/30, thus potentially exposing me to 20-25% tariffs. I was told a couple of weeks ago that the new ETA was 8/24, but that I would be "price protected". Good things come to those who wait... Good luck to you!

 

Curious about why you would need an extended warranty on a MY 2017 vehicle.
As for the current dust up on tariffs, be patient, everything will be fine. The sky is not falling.

 

Canada is thankfully spared form this aspect of the insanity. This will also make used cars more valuable.

 

The odds of a 25% tariff going directly to a car's sticker price (and one that already has very low sales volume at that) is approximately 0.00%.

 

I think here is Oz we have done away with tariffs but they achieved the same thing by having a luxury car tax which applied to cars over a certain amount (with Oz built cars generally under that thresshold). Ultimately it did nothing to save our car manufacturing industry which was devoted almost entirely to building large sedans that no-one wanted to buy and utilities (that tradies initially wanted to buy but then turned away from with the advent of 4 X 4 utes and SUVs). Ultimately subsidies didnt help, the LCT didnt help, subsidised exporting didnt help (you could buy Oz built cars cheaper in the US than we could here), so we now have no manufacturers but still the LCT which added about $24K to the cost of my F Type.

 

The 25% tariff certainly won't affect the price of locally manufactured cars (in the U.S.) as there is plenty of competitive production capacity right here to supply all of the demand. Land Rover is already positioning itself to add to the local competition. Imports will have to gradually increase their prices to a point where it's more economical to build production capacity here for the popular models or discontinue those lower volume models that no longer sell as a result of the price. Unfortunately, the F-Type may be in this latter category. One can only hope that a trade deal is negotiated to resolve this issue, but very unlikely for another 2 or 6 years.

 

Not so fast folks. Deal struck today by EU and US to avoid the tariffs. Announced at WH this afternoon.

 

Here ya go...


http://www.newsmax.com/finance/stree...r=0101029q3eu4

 

There was no "problem" before it was artifically created one by imposing new tariffs. This "agreement" is smoke and mirrors and a false attempt at claiming he resolved something that was never a problem in the first place. Basic equivalent of some dude getting drunk and trashing his house & then cleaning it up the next morning and expecting his wife to THANK him for cleaning it up... Duh!

 

Either way, auto tariffs always increase the price of domestic cars the exact amount of the import tariff. It's not about providing an incentive to US car buyers, it's taxpayer provided welfare for US car makers. So it doesn't affect Jag buyers per se, other than all makes and models of cars cost more.

 

TRUMP: "we will hold off on further tariffs..."
ie: "this is my negotiating style..." so turn off CNN & chill out

Jaguar, made in England, will no longer be in the EU soon... & even if tariffs goes into effect, it'll be in a better position than the Germans, Swedish, Yugos...

 

The goal the car makers are working on is to eliminate all car Tariffs. Recall that before this started the EU had a 10% Tariff on US cars and the US had something like a 3.5% Tariff on cars from overseas. If they are successful a good chance the cost for these things could go down a bit...

 

Inevitably, this thread was going to head towards the political. Please, let's stop it here, and remain friends.

 

Adults can discuss issues and remain friends. No need to nanny others. It's a relevant topic for jag and domestic car owners.

I for one like the idea of penalizing car manufacturers, or the manufacturers of any product that chooses to use slave labor, or its a race to the bottom of inhumanity. But tarrifs don't do that because non-slave prices instantly rise to match.

A better way would be to penalize buyers of slave makes though a slavery exploitation tax, assessed independent of the car market. States could assess a penalty when you pay state sales tax to keep it escapable, you can move to a less slavery sensitive state if you prefer to exploit slave-made products. US makes could also be assessed additional state sales tax if they choose to "fire their US workers, " as Trump would say, to make things in low labor law nations.

It's silly for jag buyers to pay a slave tarriff, if anything, we should get a small refund compared to US car makes who more heavily exploit global labor rate arbitrage.