>We purchased a Subaru Outback right around the first round of tarrifs. We were in the market for the base trim, no bells & whistles. We ended up getting the highest trim bc all the remaining base trims were post-tarrifs and and cost $3.5k more than the pre-tarrif higher trim that was already in the lot.
The average car on the road is ~15 years old. The actual lifetime is likely higher. Therefore for proper tariff accounting, your subaru's contribution to this year's tariffs should be 3500/15 = $233, not $3.5k. Not to mention much of the items people buy are either:
1. domestically produced (this includes housing, the biggest cost for most people)
The average car on the road is ~15 years old. The actual lifetime is likely higher. Therefore for proper tariff accounting, your subaru's contribution to this year's tariffs should be 3500/15 = $233, not $3.5k. Not to mention much of the items people buy are either:
1. domestically produced (this includes housing, the biggest cost for most people)
2. tariff exempt (think oil)
3. produced abroad, but have fat markups