Vehicle Type Comparison Tool
Compare how different types of vehicles might be affected by the Trump tariffs over various timeframes. This visualization helps illustrate the varying impacts across the used car market.
Key Insights from Comparison
Luxury Vehicles
Luxury vehicles show the largest percentage decreases across all timeframes, with medium-term impacts being the most significant (up to 15% decrease). This is primarily because luxury vehicles make up a larger portion of cross-border exports to the US.
Economy Vehicles
Economy vehicles show the smallest initial price drops and may even see price increases in the long term due to supply constraints and shifting market demand toward more affordable options.
Recovery Patterns
Most vehicle categories show some recovery in the long-term scenario compared to medium-term lows, suggesting market adaptation and potential policy adjustments over time.
Methodology
This comparison tool uses the following assumptions based on our research:
- Short-term (1-3 months): Initial market reaction with price drops of 3-7% depending on vehicle type
- Medium-term (3-12 months): Deeper market adjustment with luxury vehicles seeing 10-15% decreases and standard vehicles 5-10%
- Long-term (beyond 12 months): Market stabilization with some recovery from medium-term lows, especially for economy vehicles
Note: These projections are based on expert opinions and market analysis as of March 2025. Actual outcomes may vary based on policy implementation details and market responses.