So with all these new tariffs coming in, are we gonna see GT350 prices go up? Or are they safe since they’re no longer being made?
They stopped making these about four years ago, and they were built in the US for the US market (maybe a few in Canada). So tariffs shouldn’t change much.
Payne said:
They stopped making these about four years ago, and they were built in the US for the US market (maybe a few in Canada). So tariffs shouldn’t change much.
Whenever new car prices go up, used car prices usually follow… again.
@Charles
I think GT350 prices will stay pretty steady. Been watching them for years, and they’re close to bottoming out. Maybe in another couple of years, they’ll start climbing again, especially if you look at how older Shelbys have held value.
@Payne
The ‘13 & ‘14 GT500 prices are nuts. Just saw a 2014 with 7,000 miles listed for 61k.
Phoenix said:
@Payne
The ‘13 & ‘14 GT500 prices are nuts. Just saw a 2014 with 7,000 miles listed for 61k.
Yeah, they’re basically MSRP again. Makes sense—5.8L engine, first to hit 200mph, and the last one Carroll Shelby had a hand in.
@Payne
There’s an ‘18 near me with 38k miles going for $43k.
@Charles
Used car prices jumped during Covid because there weren’t enough new cars, not necessarily because of new car prices going up. Over time, prices will always rise because of inflation.
Ainsley said:
@Charles
Used car prices jumped during Covid because there weren’t enough new cars, not necessarily because of new car prices going up. Over time, prices will always rise because of inflation.
Guess we’ll see. Either way, no one wins in this tariff mess.
@Charles
The idea behind tariffs is to bring jobs back to the US, which isn’t bad in theory. But the way these are being handled… eh, not so sure about that.
Ainsley said:
@Charles
The idea behind tariffs is to bring jobs back to the US, which isn’t bad in theory. But the way these are being handled… eh, not so sure about that.
Didn’t work back when they tried it to protect Harley from Japanese bikes in the ‘70s. No company is gonna just stop production overseas and move back. Electronics, car parts, all of it—those jobs are gone. Now, bringing more jobs to the US is great, and stuff like the CHIPS Act actually helped. My son works for Siemens, and the last few years have been great for them.
@Charles
Yeah, I get that. There are already car plants here—Toyota, BMW, Stellantis, and others. It’s not impossible to bring more, but the tariffs we’re seeing now are too broad. If anything, they’ll probably be reversed or watered down by the end of the year.
@Charles
And now they just hit pause on the Canadian tariffs for 30 days. Looks like more political back-and-forth to me.
Ainsley said:
@Charles
And now they just hit pause on the Canadian tariffs for 30 days. Looks like more political back-and-forth to me.
Hopefully. This dude couldn’t run a business right before, so I’m not expecting much better now.
Ainsley said:
@Charles
The idea behind tariffs is to bring jobs back to the US, which isn’t bad in theory. But the way these are being handled… eh, not so sure about that.
In theory, sure. In reality, it never plays out that way.
Ainsley said:
@Charles
Used car prices jumped during Covid because there weren’t enough new cars, not necessarily because of new car prices going up. Over time, prices will always rise because of inflation.
If new cars get more expensive, people will turn to used cars.
That means demand for used cars goes up.
That means prices for used cars go up, too.
@Harold
Could be. Or maybe people just take on longer loans—10 years instead of 7—to keep monthly payments low. Or maybe manufacturers move plants here to dodge tariffs. A lot of things could happen.
From OP’s other comments, it sounds like they thought tariffs would hit all cars, but they only apply to new imports. Used car prices won’t jump overnight by 25%, if that’s what they were thinking.
How would tariffs on imports affect a car that was built in the US and isn’t even being made anymore?
Ainsley said:
How would tariffs on imports affect a car that was built in the US and isn’t even being made anymore?
Replacement parts and other stuff that’s made outside the US could get pricier.
@Haim
That affects maintenance costs but not the actual price of a used car.