Car prices could rise by $5,000 to $15,000 if a 25% tariff on imported cars is maintained, according to Goldman Sachs.
Automakers are likely to pass on the impact of tariffs to customers by raising prices, and that could close the price gap between Tesla’s electric vehicle and competing gas-powered cars, analysts said.
You’re right they tend to sell them to dealerships who sell some at auction to “buy here pay here” lots and the rest get crushed. Cars aren’t like currency where they keep circulating around forever.