The cost of owning a car is expected to increase due to tariffs imposed on auto parts. A 25% tariff on certain auto parts is set to take effect on May 3. While some parts comply with the United States-Mexico-Canada (USMCA) agreement and are exempt from tariffs, others, such as copper, ceramics, glass, and plastics used in advanced driver-assistance systems, are subject to these tariffs. Aluminum, a key material in vehicle manufacturing, is also taxed. This could lead to higher costs for car repairs and replacement parts. Estimates suggest that repairing steel damage could cost $20.27 more per claim, while aluminum repairs could increase by $20.94. The cost of repairing electronics and safety components might rise by $47.61.
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