New car prices could increase $4,000 or more, according to one estimate. And used cars could also rise in price. “It’s a crazy situation for consumers,” an expert said.

Whatever's next for U.S. trade policy, experts say prices are likely to climb. Car lots are less likely to cut deals or worry about clearing out inventory that may be worth more in a few weeks, according to economists, and vehicles on display today will be more valuable if the U.S. starts imposing tariffs.

To watch Sholto Gilbertson working a crowd is to see a man seducing the world’s wealthiest car collectors so completely that they will gladly raise a finger to bid another $50,000, or $100,000, to win whatever gilded machine he’s offering on the auction block.

The US is signaling a major shift in trade policy that could send shockwaves through the global car industry :automobile::collision: Commerce Secretary Howard Lutnick hinted that if tariffs on foreign cars are imposed,

These popular car and truck models are in danger of getting a lot more expensive if Trump's tariffs actually happen.