Local sales hoping to curb some tariff worry
SIOUX FALLS, S.D. (KELO) — With all the talk of tariffs lately, some people might be worried about the future of big purchases, like cars or campers.
Ford dealerships across the nation are offering employee prices on most 2024 and 2025 Ford and Lincoln models through July 4. It's part of their 'From America, For America' initiative.
Multi-state manhunt comes to an end
'There's been a lot of talk about tariffs and I think Ford went the other way last month,' Josh Mills, General Manager of Sioux Falls Ford Lincoln, said. 'Instead of raising prices like some manufacturers did, they went the other way and did employee pricing.'
But Sioux Falls Ford Lincoln is taking it a step further with an exclusive deal only offered through them.
'We also have an additional $3,000 off on all F-150 XLTs, as well as all Escapes. And those are the 2025 models, so new models,' Mills said. 'So, that's $3,000 less than what an employee can buy the vehicle for.'
General Manager Josh Mills says these are the best prices he's seen in the last 17 years.
'We also, if you're a lease buyer — which is a great way to own a vehicle because there's a lot of uncertainty right now with what the future brings — but with a lease, you're guaranteed a payment for the next two to three years depending on what you choose,' Mills said. 'And we have 2025 Escapes for $299 a month.'
Sioux Falls Ford isn't the only local dealership getting ahead of some tariff uncertainty. Out at Noteboom RV, they are offering what they are calling a 'Pre-tariff sale'.
'We are running a pre-tariff sale because prices are going up nationwide and we have stocked up our inventory so we can keep our prices down,' Mary Noteboom, co-owner of Noteboom RV, said.
Noteboom says they have stocked up on all their brands and some campers are up to 50 percent off MSRP.
'It's a great time to get a camper right now before the price hikes hit and the tariffs … we don't know what's going on so hopefully we have the best deals here,' Noteboom said.
Noteboom says they have already seen prices going up on different parts of campers and steel.
According to reporting from CBS, Ford Motor Company said Monday it expects to take a $1.5 billion hit to its operating profit from tariffs this year. And Wednesday, the company announced it's raising prices on three models produced in Mexico. That price hike will apply to imported vehicles built after May 2, which are expected to be on dealership lots in late June.
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