Luxury Vehicles That May Skyrocket in Price Due to Trump’s Tariffs
The potential implementation of President Donald Trump’s tariffs could lead to a significant surge in car prices, particularly affecting the luxury vehicle market. According to a recent analysis by Jerry, luxury cars are expected to face an average estimated tariff of 21.2%, equivalent to $21,600 per vehicle.
Luxury Cars Most Affected by Tariffs
Here’s a breakdown of the luxury vehicles expected to see the most substantial price increases:
-
Lamborghini Revuelto
- Approximate base price: $604,000
- Estimated price after tariffs: $753,000
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Rolls-Royce Phantom
- Approximate base price: $503,000
- Estimated price after tariffs: $627,000
-
Bentley Continental GTC Black Edition
- Approximate base price: $320,000
- Estimated price after tariffs: $400,000
-
Porsche 911 GT3 RS
- Approximate base price: $241,000
- Estimated price after tariffs: $302,000
-
Mercedes-Benz G-Class SUV
- Approximate base price: $162,000
- Estimated price after tariffs: $196,000
-
BMW XM
- Approximate base price: $161,000
- Estimated price after tariffs: $184,000
-
Audi RS Q8
- Approximate base price: $128,000
- Estimated price after tariffs: $159,000
The potential price hikes are attributed to the proposed tariffs under President Trump’s administration. As the automotive industry continues to navigate these changes, consumers may need to adjust their expectations regarding luxury vehicle pricing.
