Great News on Tariffs for BMW Buyers

March 31st, 2025 by

UPDATE 4/10/25: BMW announced they will absorb tariff costs on Mexican-built vehicles like the 3-Series, 2-Series coupe, and M2 models.

Here’s some great news about upcoming automotive tariffs: The price increase will NOT affect vehicles currently in stock. That means it’s the perfect time to stop by BMW of Barrington to secure your new BMW today and save while inventory lasts!

There are plenty of questions about how tariffs will affect auto supply and pricing, so here are a few strategies to consider before you make your purchase.

Tariff Strategies for Car Buyers

  • Purchase Timing:

    As we mentioned at the top, if you’re contemplating a vehicle purchase, acting before the tariffs take effect should result in cost savings, as current inventories likely don’t reflect any increased prices. Currently, none of the vehicles currently in stock at BMW of Barrington are affected by tariffs.

  • Explore Financing Options:

    Shopping around for favorable financing terms can help mitigate the impact of higher vehicle prices, if and when they get here. Comparing interest rates and loan terms from multiple lenders may lead to more manageable monthly payments. You can get started by applying for financing here on our site.​

  • Consider Pre-Owned Vehicles:

    Exploring used car inventory might offer more affordable alternatives. While tariffs don’t affect used cars, it’s important to note that increased demand could also drive up prices in this segment. BMW Certified Pre-Owned is another excellent option. BMW Certified models come equipped with approved BMW maintenance, have a repair history, and undergo a comprehensive evaluation to ensure that they meet and exceed BMW’s high standards. That makes now the perfect time to buy.

  • Evaluate Total Cost of Ownership:

    Go beyond the purchase price and consider factors such as fuel efficiency, maintenance costs, and insurance premiums to assess the overall affordability of a vehicle.

    • Price increases could be here shortly. There is uncertainty about how tariffs will affect both new and used cars, but buying now before the increases are in effect seems to be the best way to maximize your buying power.

    Start Shopping at BMW of Barrington

    Start shopping now and the perfect BMW model for you!

Posted in Tariffs