As we move further into 2025, one question on the minds of many American car shoppers is: Will I have to pay more for my new vehicle due to tariffs? Yes, prices will go up. There are still many unknown variables at play. Luckily, Bob Penkhus proudly offers the Penkhus Price Match. We will match the advertised price on any competitive dealer in Colorado. This provides you with the best price available, even in these uncertain times.
What Is a Tariff?
Tariffs are taxes imposed by governments on goods imported from other countries. In the case of the US auto industry, there are plans to impose a 25 percent tariff on imported vehicles and auto parts. This means that cars shipped to America from other countries will likely be subject to a significant tax, potentially resulting in higher prices for consumers.
The effects of these tariffs are expected to be widespread. Nearly half of the 16 million new cars purchased in the United States in 2024 were imports, with major sources including Mexico, Canada, South Korea, Japan, and Germany.
The tariffs on auto parts mean that it will cost more to produce cars even at US factories since virtually every domestically-made vehicle contains a significant proportion of parts sourced from Mexico and Canada.
Penkhus Price Match and Other Incentives
For car buyers in Colorado Springs and the surrounding areas, Bob Penkhus is here with a great solution. Our customers can take advantage of the Penkhus Price Match Guarantee. Our program is designed to provide customers with the most competitive pricing and a transparent, informative shopping experience. Penkhus promises to match the advertised price on any competitive dealer in Colorado, which will help car buyers get the best possible deal as they shop for cars in and around Castle Rock, CO.
The Penkhus Price Match Guarantee is just one aspect of the dealership's commitment to customer service for our customers in Parker, CO. Penkhus also offers a range of discounts and incentives for customers, including programs for college graduates, military personnel, first-time buyers, and loyalty and conquest rebates. These additional savings opportunities could be especially valuable for car buyers in Pueblo, CO.
Another advantage of shopping with Penkhus is the dealership's willingness to go the extra mile to find the perfect vehicle for each customer. If the exact model or color a buyer is looking for isn't available on the lot, Penkhus will search the manufacturer's inventory to locate it. This level of personalized service will be reassuring to customers in Littleton, CO.
Other Ways to Save
Another great way for our customers to save money is through our service and parts coupons, as well as our loyalty rewards program. Visit our website and browse current offerings, which include discounts on routine services such as oil changes, wiper blades, and more. Although we are unsure of how prices will be affected, you can count on Bob Penkhus to provide the best customer service and transparent pricing to car shoppers in and around Monument, CO.
Rely on the Bob Penkhus Price Match and Elite Service
While we wait to see how the tariffs affect the auto industry, customers in Colorado Springs and beyond can rely on Bob Penkhus to continue to deliver the same excellent service as always. Penkhus Motor Company will continue to prioritize competitive pricing, customer service, and a wide selection of vehicles. If you have any questions, feel free to contact us to stay informed about the latest developments in the auto industry. By working with Bob Penkhus, car buyers can make the best choices for their individual needs and budgets, even in an ever-changing economic climate.