According to The Kobeissi Letter, the average new car price in the US is nearing $50,000, which could result in tariffs of up to $12,500 on non-US cars. This is likely to cause a decline in new vehicle sales, while used car prices may rise. Additionally, luxury car companies are predicted to suffer significant setbacks due to these tariffs.

According to @AltcoinGordon, CryptoAutos is a leading platform for purchasing luxury cars using cryptocurrency, and they are reportedly expanding their operations beyond this market.