With 25% tariffs being levied on imported vehicles from Mexico and Canada, the cost for many vehicles may rise in the coming weeks. That's why this is a great time to buy a new vehicle like a Toyota RAV4 or a Toyota Tacoma because Toyota models that are already on our lot are not subject to tariffs. So you can take advantage of the very affordable prices on popular Toyota models like the Toyota Corolla and the Toyota Grand Highlander. Here's some additional perspective on the effect of tariffs and why this is a really good time to buy a new Toyota at Avondale Toyota in Avondale, AZ.
Why now is a great time to act
Phoenix, AZ Toyota car buyers, like other car buyers, have a narrow window of time to take advantage of the current low prices. Ivan Drury, Director of Insights at Edmunds Automotive, says here is no way you're going to see a better discount if you wait three months." That's a powerful reason for Tempe, AZ shoppers to take advantage of the current affordable prices for Toyota cars, trucks, SUVs and minivans. According to Fox Business, higher-end vehicles are more likely to see price increases as a result of tariffs while Glendale, AZ Toyota buyers are unlikely to see significant price increases on lower-priced models.
Tariffs may have a positive long-term effect on the automotive industry
Ultimately, the administration's tariff program might mean increased automotive production could happen here in the United States. Toyota has already committed to investing heavily in US production, especially to support its electrification efforts, with a focus on battery production and electric vehicle assembly. That includes a $13.9 billion battery plant in North Carolina and a $1.3 billion investment in Kentucky for an all-electric SUV. Peoria, AZ customers with friends and relatives in those states will see the benefit of Toyota's expanded job opportunities.
We encourage you to buy a new Toyota now
While the long-term effects of tariffs are still unknown, you can be confident that the Toyota models in our current new inventory are still affordable and not affected by tariffs. So this is an excellent time to shop for a new Toyota at Avondale Toyota in Avondale, AZ.
