Car import Tariff fixed at 15%

Eager to hear what approach Ferrari takes. If entire 15% becomes an add-on to MSRP, will seriously consider cancelling 12C and Purosangue orders (and eat the loss on non refundable deposits)…on top of the 10% California sales tax this gets meaningful amount going to government on sizable MSRP cars.
Excellent deal for the US administration and surprised the EU couldn’t even negotiate an exemption or special rate for their low volume items, such as makers of some relatively low volume cars and watches.

 

My dealer estimates 10% MSRP increase on new orders.

 

Will be interesting to see what Ferrari will do with cars on the water to the US and those that are in New Jersey which I have heard is about 500 to 600 cars.

 

That's a lot of expen$ive cars in one place! Hope they are all safe in warehouses given the recent weather experience in NJ this summer and the heightened risk of hail and flood damage for new cars in the wrong place at the wrong time.