Lower thirds:

00:02 Report by Janelle Dumalaon
00:12 Vijay Kumar, Platinum Auto Sales
01:11 Frank DuBois, Kogod School of Business, American University
01:52 Vijay Kumar, Platinum Auto Sales

Script:

It’s been a busy season for this used car dealership in Virginia—and front-end manager Vijay Kumar says they’re all trying to keep pace with revved up demand.
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+++Vijay Kumar, Platinum Auto Sales(11:16)++
Usually the summer is always active, but it wasn't like this. Usually at most, it's 200 average. But this summer alone, we've been selling a lot more than we expected, and we're trying our best to replenish our inventory this time, big time, which we're surprised on. We've never sold that many cars like this, its just because of the potential fear of the tariff. 
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And how much more is more than they expected?

+++Vijay Kumar, Platinum Auto Sales+++
I would just say around 300 cars in just one month alone. // We were moving around selling cars all in one time. We sold 20 cars in one day, and we're just a small dealership.
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With a 25% tariff on most imported cars and parts — and a reduced 15% rate for EU and Japanese models not yet in effect — rising new vehicle prices have pushed more Americans toward the secondhand market. But supply and demand are catching up there too, meaning used cars are quickly losing their place as affordable alternatives. 

+++Frank DuBois, Kogod School of Business, American University+++

As demand for new cars goes down, people are keeping cars longer. // 
because there's a shortage of used cars right now, prices are being pushed up significantly. As I mentioned earlier, people are keeping their cars longer. They're  keeping them, they're fixing them up up, they're driving them longer and longer and longer. And the trade-in availability is just not there.

+++GRAFIK REIN+++
Average transaction prices for three year old used vehicles have risen steadily, with growth especially obvious in the second quarter, after Trump announced the sweeping duties on imports including cars.

+++GRAFIK RAUS+++

+++Vijay Kumar +++
The best I would really say, just look at cars, look at the news, but more so if you like a car, particularly, right? Get it as soon as you can, I would say. 

A used car salesman would always say that—but at this particular time, many would be inclined to listen.

Quellen:  https://www.whitehouse.gov/presidential-actions/2025/03/adjusting-imports-of-automobiles-and-autombile-parts-into-the-united-states/
https://www.whitehouse.gov/presidential-actions/2025/03/adjusting-imports-of-automobiles-and-autombile-parts-into-the-united-states/
https://www.whitehouse.gov/presidential-actions/2025/03/adjusting-imports-of-automobiles-and-autombile-parts-into-the-united-states/