President Trump’s auto tariffs won’t just make buying a car more expensive. They would make simply owning a car more expensive, too. Levies on imported vehicles stand at 25%, and tariffs of the same size are planned for auto parts in early May.

We are concerned about how the tariffs on cars will have affected the prices of used vehicles by the time he returns. Is it better to purchase a used car now, or in a year when the cost is a big unknown?

A new analysis by the Center for Automotive Research has found that President Donald Trump's 25% auto tariffs imposed in early April will increase costs by about $108 billion for automakers in the U.S.