The federal government has introduced new tariff adjustments affecting the automotive industry. This development could impact consumers looking to purchase imported vehicles in the coming months. Here’s what you need to know if you’re considering a new Honda at Schomp Honda.

As of March 4, 2025, the U.S. government has imposed an additional 25% tariff on foreign-made cars and auto parts. This brings the total import tariff to 27.5% for many imported vehicles, up from the previous 2.5% rate.

For those in the market for a Honda, there’s a temporary window of opportunity. Vehicles currently in stock will maintain their present pricing for now, though substantial price hikes are anticipated once the new tariff policy takes effect. We invite you to stop by Schomp Honda today to browse our selection and purchase your desired vehicle before these potential price adjustments limit your choices.

Various leading car manufacturers have indicated that dealerships such as Schomp Honda can continue “normal business operations” for vehicles that are already on their way or assigned to the dealership. This suggests that purchasing an impacted model during March or April could allow you to avoid the tariff-related price increases.

The situation remains dynamic. Honda plans to distribute updated allocation and pricing information in the coming weeks, which will provide more details about vehicle availability from their overseas production facilities. For prospective buyers, this timeline suggests:

• Now through April: Prices should remain relatively stable for vehicles already on the lot
• May and beyond: Potential for significant price adjustments as the full impact of the tariffs takes effect

If you’ve been considering purchasing a new Honda vehicle, here are some practical steps to consider:

1. Act soon: If you’re seriously interested in an imported vehicle, visiting Schomp Honda in March or April could save you from potential future price increases.
2. Check production location: Ask your Client Advisor at Schomp Honda specifically about the production origin of available vehicles, as only foreign-manufactured units and vehicles built with foreign-manufactured parts are affected.
3. Stay informed: Honda has committed to regular updates about the situation. Maintaining contact with your Schomp Honda Client Advisor can help you navigate this changing landscape.

This tariff situation highlights the complex global nature of automotive manufacturing and how policy changes can quickly impact consumer markets. As the situation evolves, Schomp Honda will continue to monitor Honda’s responses and what it means for car buyers across the country.