Prices for new and used cars to go up after U.S. tariffs on Canadian auto parts: experts
Trump has enacted 25 per cent duties on imported vehicles, with temporary reprieve for some parts compliant with the Canada-U.S.-Mexico free trade agreement
Published Apr 04, 2025 • Last updated 0 minutes ago • 1 minute read
Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars.
Sean Mactavish, CEO of used-car marketplace Autozen, says prices are already rising on some used cars as sellers anticipate buyers looking for a better deal compared to a new vehicle.
U.S. President Donald Trump has enacted 25 per cent duties on imported vehicles, with temporary reprieve for some parts compliant with the Canada-U.S.-Mexico free trade agreement, and Canada has announced some retaliatory tariffs on automobiles coming in from the U.S.
Enjoy the latest local, national and international news.
- Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.
- Unlimited online access to National Post.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles including the New York Times Crossword.
- Support local journalism.
Enjoy the latest local, national and international news.
- Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.
- Unlimited online access to National Post.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles including the New York Times Crossword.
- Support local journalism.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Don't have an account? Create Account
Auto industry leaders have warned the tariffs will lead to plant shutdowns, and Stellantis was the first company to temporarily pause its plant in Windsor, Ont.
Baris Akyurek, vice-president of insights and intelligence at Autotrader.ca, says an increase in new car prices is inevitable.
Mactavish says consumers are likely to trade down to used cars or even delay major vehicle purchases as they grapple with uncertainty and higher prices.
Recommended from Editorial
Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our daily newsletter, Posted, here.
National Post
