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Gregory Pearson @gdnpearson.bsky.social

Right now Toyota dealers are paying 15% more. Companies have thus far mostly not passed on tariffs, hoping they will be temporary. Once they are finalized, expect them to be passed on to consumers.

jul 23, 2025, 2:45 pm • 5 0

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Eric J Morey @ericjmorey.com

Haven't new car prices increased substantially since the tariff decrees started being tossed around?

jul 23, 2025, 2:51 pm • 0 0 • view
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Gregory Pearson @gdnpearson.bsky.social

Not as of June. www.cnn.com/2025/06/16/b...

jul 23, 2025, 2:57 pm • 1 0 • view
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Eric J Morey @ericjmorey.com

I guess 2.5% isn't a large increase Raises the question, are dealers hurting or are the manufacturers hurting more?

jul 23, 2025, 3:03 pm • 0 0 • view
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surfingthepast.bsky.social @surfingthepast.bsky.social

I suspect what's mainly happening is they cutting back on finance incentives and ordering more expensive vehicles. Perhaps also negotiating harder on price.

jul 23, 2025, 5:40 pm • 0 0 • view
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Eric J Morey @ericjmorey.com

Now that auto loan interest is deductible, I'm sure the sales people will push that line to get people buying at higher rates.

jul 23, 2025, 5:42 pm • 0 0 • view