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I have 120k miles on my 2014 Jeep that hasn’t had any major issues, knock on wood. I was going to look at upgrading my vehicle and I have cash ready.
I’ve seen car prices go up at a dealership in my hometown already.
Do I just keep driving my vehicle until any major issues? Or do I go in and test drive some vehicles and get something when I know I can get trade-in value for my vehicle?
Do you think car prices will just increase in the short term and then go back down later on this year?
TIA
ShawnI’m trying to figure out how you have a Jeep with no major issues? We have the auto affordability crisis and the fact that many people can’t qualify for loans contrasted with the tariff situation.
I guess it depends on which you think has more impact on the market. Of course if we start exporting autos, nobody pays the tariffs. Or many fewer cars get made.
All this hinges on how long the tariffs stay in place. If this is a negotiating tactic and the Trump administration blinks this could be over pretty fast.
If this is the new trade policy for the next four years, and Congress remains useless per usual, then this could get ugly in a hurry.
RebeccaI have a 2014 grand Cherokee I love it! It’s at 150,000 miles I’ve had to put in some money here and there but I maintain it.
It’s paid off and honestly maintenance right now is still cheaper than a car payment.
Ride till the wheels are off! That’s my plan at least lol
ScottIt’s fine just keep driving it until you start hitting 2k a year in repairs
KelliUsed car prices will likely also go up as new car prices go up with tariffs. If you’re looking to sell to make some money you could wait a few months and see what happens.
If you don’t need to sell you car, I wouldn’t and would just drive it into the ground.
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