Tariffs on Emira in US?

[daSchtick]

So, I have an Emira on order, and it is not expected until late summer. However, in light of recent developments, I am now really concerned about the car being tariffed upon arrival.

If a 25% tariff is enacted before arrival, will I be on the hook for an additional $25k? I am hoping that they would honor the current pricing, but I unsure of that would be possible. I would really prefer my custom configuration, however, not for an additional 25% tax.

Is there anyone else in this situation that has heard anything about their pricing? Obviously, it's still speculation as to if this will truly happen, but I would like to understand this better.

 

[idleuser]

The 25% tariff is for Canada and Mexico as of right now. I haven't not heard of definitive details on UK tariffs.

 

[Six Speed Stephen]

The 25% tariff is for Canada and Mexico as of right now. I haven't not heard of any tariffs.

There's talk of reciprocal tariffs, which is 10% for cars we import to the UK. So 10% on the Emira.

 

[daSchtick]

There have also been rumblings about a 25% tariff on autos around April 2nd.

Of course, it is still all speculation at this point, however, I would like to understand if this would be passed on to me even though I have submitted my order prior.

 

[Six Speed Stephen]

There have also been rumblings about a 25% tariff on autos around April 2nd.

Of course, it is still all speculation at this point, however, I would like to understand if this would be passed on to me even though I have submitted my order prior.

Thats for Canada and Mexico made vehicles.

 

[RoryBellows]

Last I saw they werent persuing tariffs from the UK. Trump said something along the lines of the UK not being a lopsided deal.

 

[daSchtick]

Thats for Canada and Mexico made vehicles.

The March 25% tariff is for Canada and Mexico.

From what I read, the new proposal for April is for ALL imported cars.

 

[daSchtick]

Last I saw they werent persuing tariffs from the UK. Trump said something along the lines of the UK not being a lopsided deal.

I sure hope that is the case. So much uncertainty.

 

[MattG]

I would expect such a tariff to be passed along to the consumer, yes. Companies can and do choose to eat that cost themselves rather than raise prices in some cases, but I don't think Lotus is in a financial position to do so.

 

[Beachbum]

I would expect such a tariff to be passed along to the consumer, yes. Companies can and do choose to eat that cost themselves rather than raise prices in some cases, but I don't think Lotus is in a financial position to do so.

I doubt any company will be in a position to take the 25% hit themselves. Some of the bigger companies make take part of it, but I think that would be very few.
Inflation in the US is going to go through the roof if these tariffs are actually imposed

 

[Eagle7]

Tariffs are usually negotiable, depending on the situation. If Geely were to build a plant in the U.S., and/or commit to an investment of some kind in the U.S. like Apple just did, then the tariffs wouldn't apply.

 

[Dino67]

I was told that once the build was submitted the deposit was non-refundable and that Lotus, understandably, cold not guarantee the price. If a tariff was imposed, you would be forced to choose between losing your deposit or paying an extra $25k-$30k in taxes.

 

[daSchtick]

I was told that once the build was submitted the deposit was non-refundable and that Lotus, understandably, cold not guarantee the price. If a tariff was imposed, you would be forced to choose between losing your deposit or paying an extra $25k-$30k in taxes.

Yes....That is exactly the feeling I have as well. I certainly hope I don't get caught up in the crossfire, but I preparing myself for this decision if it does occur.

 

[RoryBellows]

I was told that once the build was submitted the deposit was non-refundable and that Lotus, understandably, cold not guarantee the price. If a tariff was imposed, you would be forced to choose between losing your deposit or paying an extra $25k-$30k in taxes.

I wasnt given any conditions like that.

 

[MIGZ]

If its a concern find the one closest to the spec you want a get it now. You have about a 50/50 chance it could have tariffs

 

[weihnachts]

I am pretty sure the current rumblings are that this will hit all foreign cars: https://www.reuters.com/business/au...uto-tariff-rate-will-be-around-25-2025-02-18/

I am also pretty sure that the tariffs are assessed at the time the product hits the US port. So, even if you agreed to a price now, if the car gets here after the tariffs land, expect a 25% increase in the price of the car. there's no way manufacturers are just going to eat that cost; it's now on the consumer to bear.

of course, who knows what that will really mean. just a foreign brand? plenty of foreign manufacturers actually make some models in the US.
are domestic brands safe? plenty of domestic manufacturers actually make some models in other countries and sell them here.
also, even many components of domestically made cars are made abroad; it looks like many of these components will also be tariffed, raising the price of manufacturing domestically, which will be passed on to the consumer. (Of course, these speculations don't really apply to the Emira, since I understand every aspect of it is built beyond these US shores and would thus seem to be a full target of such tariffs).

 

[FlashingBlade]

The UK isnt in the EU so if the tariffs are placed on the EU, it wont affect the Emira.

 

[Lotustoronto]

The threat of tariffs has already increased raw material pricing - especially aluminium. Expect price increases to all new cars going forward and if Tariff's do come into place, expect another increase. Buying now a used or an available new unit is probably going to save people a significant amount of money. Re-structuring the world's economy and trade practices is going to get pricey.

 

[weihnachts]

Buying now a used or an available new unit is probably going to save people a significant amount of money.

For sure. After the tariffs land, even used or previously available new cars are likely going to get more expensive. Demand for non-tariffed cars will likely soar, and dealers will likely ramp up prices in response.
I'd hate to see it, but wouldn't be surprised, if used cars up to 3- to 5-years old sell for right around original sticker.

 

[RoryBellows]

I'm not going to stress it. If it makes it here without tariff Ill drive off in the sunset and enjoy it. If the price goes up 30% I'll walk. I don't need an Emira, I just want one.