Should I Buy a Used Car Before Tariffs Go Up?

It’s no secret that economic uncertainty is making waves in the auto market, and tariffs are about to shake things up even more. With new import duties looming, the cost of bringing vehicles into Canada is expected to climb, and those increases won’t just affect new cars. If you’ve been thinking about upgrading or replacing your vehicle, now’s the time to act. Used cars are still fairly priced, but they won’t stay that way for long once those tariffs take hold.

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Used Vehicles Are Already in High Demand

Even before the talk of tariffs, demand for used vehicles was on the rise. Supply chain issues, chip shortages, and slower production for new models have led more Canadians to shop pre-owned. With tariffs expected to make new vehicles even more expensive, more buyers will turn to used ones—driving prices up across the board. Buying now means you can lock in current pricing while options are still widely available.

Financing Options Are Still Flexible

One of the biggest advantages right now is that financing terms remain competitive. At iRide Auto Financing, we’re still offering rates and terms that work for a wide range of budgets. As prices go up due to tariffs, financing flexibility might not stretch as far. Acting now means you can get more cars for less money and still manage your monthly payments with ease.

Trade-in Values Are Stronger Than Ever

Here’s something most people don’t realize—your trade-in might be worth more than you think. As vehicle inventories tighten, dealerships are eager for quality used vehicles. At iRide Auto Financing, we’ve seen trade-in values hold strong and even rise. So if you’re planning to swap your ride, now’s the time to get the most value from your current vehicle.

Beat the Rush Before It Starts

Once the tariffs take effect, a lot of shoppers will rush to buy before prices jump again. That could mean tighter inventory, longer wait times, and limited availability on the models you really want. Buying ahead of that rush gives you more breathing room to make the right decision, and you won’t be stuck settling for what’s left.

It’s Not Just About the Sticker Price

Tariffs could impact more than just what’s on the window. Rising transportation, import, and parts costs could eventually affect service and repair bills too. Choosing a well-maintained used vehicle now could help you avoid inflated service expenses down the road. With certified pre-owned options available, you can get added peace of mind without the premium price of new.

iRide Auto Financing Can Help You Stay Ahead

At iRide Auto Financing, we’re here to help you navigate all of this with confidence. Our team understands the market, and we’re working hard to make sure our customers get the best deals before any changes kick in. Whether you're looking for a practical commuter car or something stylish and spacious for the family, we've got options you can trust.

Make the Smart Move Now

Tariffs are coming, and they’re going to change the way Canadians shop for cars. But that doesn’t mean you have to get caught in the scramble. Beat the price hikes, secure better financing, and get a great value today by choosing a used vehicle from iRide Auto Financing. It's all about making smart moves—before the rest of the market catches up.

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