We have 150k on one vehicle and are deciding on a new gas truck.
We’ve been told prices are coming down before the election, now Trump says prices are hard to reduce, and just this morning Vance back pedals further and says prices can’t come down until oil prices come down. Ok, Biden dipped into the national reserve and pulled international favors to reduce prices to artificially low levels, so to overcome that and actually make a dent in world oil will be nice to see, but isn’t going to happen overnight.
Tariffs effect every imported product, or domestic producer that buys anything imported - so no parts are going to escape some amount of price increase. Ok, prices are not going down, but will be going up. That’s best case. Not every nation is just going to sit back, so here will be trade wars to some extent. Worst case it contributes to a global recession.
Deporting every illegal is 20% or more of the work force in many agricultural and construction fields. Prices are going to go up for anyone who eats or lives in a house, no question about it.
Trump and Elon are in position to force an increase in the national debt limit to pay for the various costly new projects, and to give them tax breaks at our expense.
All the signs say make do with what you have, don’t make any new purchases unless it’s right now, and hope better ideas eventually come out of Washington. Folks voted for sound bites - this is what it is actually going to look like.