The automotive industry is experiencing significant shifts due to recent policy changes. With the implementation of new tariffs on imported vehicles and auto parts, consumers are facing higher prices on new cars. This development has made the used car market an increasingly attractive option for budget-conscious buyers.​
Understanding the Impact of New Tariffs: In early 2025, the U.S. government imposed a 25% tariff on imported vehicles and auto parts, aiming to bolster domestic manufacturing. While this move is intended to support local industries, it has led to increased costs for new vehicles, with prices projected to rise by $5,000 to $10,000 on average​
Advantages of Buying a Used Car Now:
- Cost Savings: Used cars are generally more affordable than new ones, and with new car prices climbing due to tariffs, the price gap has widened, offering greater savings for used car buyers.
- Avoiding Depreciation: New cars depreciate quickly, losing a significant portion of their value within the first few years. Used cars have already undergone this initial depreciation, providing better value retention.
- Lower Insurance Costs: Insurance premiums for used cars are typically lower than those for new vehicles, leading to additional long-term savings.
- Wider Selection: The used car market offers a diverse range of models and years, allowing buyers to find vehicles that fit their preferences and budgets.
Why Choose Jon Green Family Auto?
- Diverse Inventory: With over 100 used cars, trucks, and SUVs in stock, Jon Green Family Auto provides a wide range of options to suit various needs and budgets.​
- Competitive Pricing: The dealership offers affordable price tags on all vehicles, with monthly specials highlighting select models at even lower prices.​
- Comprehensive Financing: Their finance team works with multiple banks and credit unions to secure favorable loan terms for customers, regardless of credit history.
- Nationwide Shipping: For those outside the Milton area, Jon Green Family Auto offers nationwide shipping, ensuring customers across the country can access their inventory.
In the current economic climate, with tariffs driving up new car prices, purchasing a used car presents a financially savvy alternative. Buyers can enjoy significant savings, avoid steep depreciation, and benefit from lower insurance costs. As the market continues to adjust, exploring the used car options available could be a prudent decision for many consumers.​
By choosing Jon Green Family Auto, customers can navigate the challenges posed by new vehicle tariffs and find reliable, cost-effective transportation solutions.​
