Great News for U.S. Classic Car Buyers: No Tariffs on Vehicles Over 25 Years Old
Great news for collectors, dealers, and enthusiasts in the classic car community: The U.S. government has announced new tariffs on imported vehicles, but vehicles that are 25 years or older will be exempt from these duties. This decision ensures that the classic car market remains protected from the financial strain of new import taxes.
This update is part of a significant revision to the Harmonized Tariff Schedule (HTSUS), which will introduce a 25% tariff on most passenger vehicles and light trucks starting April 3, 2025. However, there’s a critical exception:
Cars that are 25 years or older—regardless of make, model, or origin—will be fully exempt from this additional tariff. This applies to vehicles manufactured in 2000 or earlier, as long as they enter the U.S. after April 3, 2025.
For classic car aficionados and businesses like Cool Classic Club, this exemption is a huge relief, ensuring the continued flow of classic cars without the added burden of new tariffs.
What Does This Mean for Buyers and Sellers in the Classic Car Market?
The U.S. has long been one of the leading destinations for classic European cars, and the announcement of this exemption is a game-changer for both buyers and sellers. European classic cars can still make their way across the Atlantic without facing hefty new tariffs.
For U.S. buyers, this translates into:
- No unexpected price hikes on classic cars due to additional tariffs (on top of the standard 2.5% duty on new cars).
- Uninterrupted imports of European classic vehicles, ensuring a steady supply of highly sought-after cars.
- Continued stability in the classic car investment market, unaffected by changing trade policies.
For European sellers and dealers—like Cool Classic Club—this exemption means business as usual. We can keep offering our top-quality classic cars to U.S. buyers without worrying about tariff-related price increases or complicated regulations.
The 25-Year Rule: Unlocking Access to Iconic Classics
The 25-year import rule has been a key factor in granting U.S. collectors access to some of the world’s most beloved vintage cars. Any vehicle older than 25 years is not subject to the federal safety and emissions requirements, which means U.S. buyers can freely import these timeless automobiles. With this new tariff exemption, that rule becomes even more valuable, ensuring that the market for these cars remains open and accessible.
If you’ve been eyeing a European classic, now is the perfect time to act. The demand for these vehicles is high, the market remains strong, and with the tariff exemption, the financial outlook is incredibly favorable.
Importing a classic car previously meant factoring in additional duties, which could have stifled the international trade of collector vehicles. With no new cars being produced to be protected by such tariffs, this exemption is not only practical, but essential for keeping the classic car market alive and well.
Cool Classic Club: Your Gateway to Classic European Cars
At Cool Classic Club, we are dedicated to bringing the finest European classic cars to collectors and enthusiasts. Whether you're on the hunt for a classic Porsche, a prestigious Rolls-Royce, or a spirited Alfa Romeo, we make your dream of owning a vintage European automobile a reality.
This tariff exemption is a win for collectors, buyers, and all who admire the craftsmanship of classic cars. If you’ve been waiting for the right time to invest in a European classic, now is the time to start your search.
Explore our wide selection of classic cars for sale and let us help you bring a piece of automotive history to the U.S.—without the hassle and without the tariffs.