Issues with Tariffs, both Mexico AND Canada [ADMIN WARNING: NO POLITICS; MEMBERS ALREADY BANNED FOR IT]

[Seand1109]

Wonder if tariff will be eaten up by ford or the consumers. Will it bring up older maverick models in value?

Law of demand will tell...

Sponsored

 

[Milton Jeff]

One thing I would like to clarify, tariffs are placed on imports, ie goods coming into a country, not on goods going outbound. That's called an export tax and what is being considered here in Canada. Specifically oil.. If this trade war really happens, we ALL pay more for almost everything... And the rich get richer.. You know the rest. That's Economics 102, 103 and 104.

 

[Whitty1]

You think the vehicles currently on the lots won't be affected? Have you never noticed that when someone in the far east oil fields farts, the price of gas goes up even if it has been sitting in the underground tank for a month? When the tariffs kick in, the new car lots will be littered with old window stickers. Dealership+Stealership.

It depends on demand. If there are plenty of already sitting on lots, those may not see a price hike right away. There is no tariff on what is already here. Dealer lots are stuffed full of vehicles. I don't know how many unsold Mavericks and Bronco Sports are sitting in inventory. They may have a hard time passing tariffs along if buyers aren't willing to pay more money. It isn't just Ford. Just about every OEM is building cars in Mexico and Canada. Even vehicles assembled here have imported parts. I don't think you can find any vehicle with more than 70% US content. It will affect the price of everything, but maybe not right away and there could be some layoffs if they can't sell higher priced vehicles. They are already struggling to sell vehicles. I bought my Maverick new off the lot in Nov. There is some inventory that never was there before. Oil is a different animal. It is quick to go up and slow to come back down. I don't think the president has totally decided to tariff oil. That will hit gas prices pretty quickly and gas tends to bottom in February or March and gas prices rise in the spring every year when refiners switch over to summer blends that cost more to produce. Energy usually tops in June or July but weather events can spike it too

 

[Seand1109]

So as someone with a Maverick in transit, shows as shipped updated on the 26 (third update) with a new delivery date of 7-11 Feb, this thread means a lot to my final decision whether to finalize the truck or not. So if someone has heard factual based information of whether Ford is passing along the additional cost or not, Please let us know. I feel in my bones that my truck is already across the border and hopeful it is out of port. But these bones are old and it might just be the arthritis meds.

 

[First Sergeant]

i guess you don't know the truth or reality unless you witness it happen in person. Has anyone actually been to the border and touched the wall? Anyways, what real is my wallet is getting thinner nowadays. Feel bad for those who are even less fortunate than me.

Yes, I have touched the wall and driven along most of it in the El Paso area. My son and his family live there and I've been there dozens of times. You can see the wall easily from the Interstate, runs for MILES. There were some openings in places where private businesses/industries were situated, literally, right on the border and were having many issues with the illegals coming through frequently. Looting and theft were common. Some of those corporations and some small businesses got permits and permission and built portions of their own walls, stopping a large portion of the problem. The rail yard downtown is especially critical. Those guys sneaking over occasionally get run over, or fall out/off the train cars as they are passing through the "DMZ" They come across by the dozens on occasions, overwhelming the railroad cops and local police. "Getaways". That said, in the last week, things have dropped to a trickle. Not rocket science, but "something" is working!

 

[Hybrid25XLTAWD]

Is every forum member required to start a topic on tariffs?

of this, I wasn't aware: guess I best get started.....

 

[Whitty1]

One thing I would like to clarify, tariffs are placed on imports, ie goods coming into a country, not on goods going outbound. That's called an export tax and what is being considered here in Canada. Specifically oil.. If this trade war really happens, we ALL pay more for almost everything... And the rich get richer.. You know the rest. That's Economics 2, 3 and 4.

Tit for tat. Other countries will retaliate with import taxes on their own people. NOBODY wins except the rich and they will get more tax cuts too. It is always the little guy that gets screwed. The rich are the ones that got the bailouts in 2009. The rich are the ones who benefitted from most of the stimulus in 2020. The list goes on and on

 

[boxster03]

I guess the value of my near new '23 Ranger just went up 50% - of course I will add another 25% for being made in the uSA and another 25% for being without recalls

Make your offer

 

[Packer Bill]

So as someone with a Maverick in transit, shows as shipped updated on the 26 (third update) with a new delivery date of 7-11 Feb, this thread means a lot to my final decision whether to finalize the truck or not. So if someone has heard factual based information of whether Ford is passing along the additional cost or not, Please let us know. I feel in my bones that my truck is already across the border and hopeful it is out of port. But these bones are old and it might just be the arthritis meds.

The tariffs should not apply to your Maverick. You are price protected if you have a signed DORA (sales agreement) unless you have a dishonest dealer who wants to "double dip". If you have a honest dealer, you will not pay beyond your sales agreement.

 

[Seand1109]

The tariffs should not apply to your Maverick. You are price protected if you have a signed DORA (sales agreement) unless you have a dishonest dealer who wants to "double dip". If you have a honest dealer, you will not pay beyond your sales agreement.

So you are saying that for once I will get a better price then the dealer will pay (or Ford)?

 

[Edge Haley]

Don't assume we will see price increases the next day. It will take some time for prices to work through the system

Don't think so. When the US made their first air strike at the start of the Iraqi war, the prices for gasoline at the pump went up $1 to 1.5 per gallon before the end of the day.

 

[Whitty1]

Don't think so. When the US made their first air strike at the start of the Iraqi war, the prices for gasoline at the pump went up $1 to 1.5 per gallon before the end of the day.

I have stated energy is different than goods. Energy is traded on the futures markets and we see the effects immediately. Goods are different. It is like they get an air shipment on oil, but they are always slow to come down. The markets set the price of oil and gas. OEMs will set the MSRP of vehicles. I guess there could be a few greedy dealers that try to take advantage of the situation. The point it, tariffs aren't placed on current inventory

 

[RR - All the way]

Very little in the world is a zero sum game. There are complex intricacies that you can't just thrash through. Sometimes you need a tweezers, sometimes you need a machete.

It would also be nice to not use a machete if a tweezers will work. A lot less fingers lost!

 

[Dcharest59]

"Raw Aluminum " OK. But crude aluminum is sourced from bauxite ore. And that does not come from Canada. Maybe other locations will be developed to process the ore into raw metal. Who knows but why is Canada unique here in processing ore into useable metal form ?

Answer : Cheap hydro electricity... like nowhere else on the planet

 

[RR - All the way]

Finally a voice of reason. Thank you.

Ford executives' performance/pay and their own portfolios are related to stock prices. Stock prices are directly related to earnings. Ford can only "eat" so much of the tariffs and show profitability. Of course, one way to make up for tariff costs is to use cheaper goods in the manufacture of the vehicle. Like using a Camel battery from China installed in my 22 EB which is under recall.

As a consumer, you pay me now or pay me later. FACT: Tariffs are a hidden tax on consumers. Lower income families will pay proportionally more of their income on "tariff taxes" compared to the wealthy and the oligarchs who not only want more money, but more power!

Sponsored