Here’s why there are so few new cars for under $30,000
Here’s why there are so few new cars for under $30,000
arstechnica.com
Here’s why there are so few new cars for under $30,000
15 comments
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I want tiny Japanese style cars, not oversized road boats.
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Everyone (who doesn’t have waist-down body issues) does too, but car manufacturers can’t charge as much for them.
They therefore lobby governments for tax breaks for the oversized road boats and destroy the market for Japanese kei-cars with tariffs and “safety regulations”.
https://australiainstitute.org.au/post/big-ute-loophole-cost-taxpayers-over-250-million-in-2023/
https://www.drive.com.au/news/imported-kei-cars-stranded-australia-blunder/
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As someone who drives a 2002 sedan, it is amazing to me how large all cars have become. The only comparably sized thing from my car’s era to today’s vehicles were Hummers, which were literally regarded as an insanely oversized monstrosity at the time.
If you see a 2002 hummer next to most any modern SUV, the modern SUV is dwarfing the Hummer the way that a hummer dwarfs my little car. Its ridiculous.
Now, many of those modern monstrosities are probably getting better milage than my 02’ sedan, but imagine what insanely fuel efficient cars we could make today if modern sedans werent the size of a 2002 era station wagon? Imagine how much better our roads would be if the average passenger vehicle didnt weigh well over 4k pounds…
The modern Hummer EV weighs like 10k pounds. Why the fuck are people allowed to drive a 5-ton vehicle without a special license?
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My mom once showed me an ad listing cars in the $300 range. It might have been the model-t era, but still...
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If you have $ 30,000 to buy a car, you're better off buying second hand. That's the whole secret.
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Used to be true, not consistently so since COVID or so. I had to buy a car about two years ago and brand new cars with full warranties were only $1-2k more and with better financing offers than 2-4 year used cars with limited warranties. It got better for a bit but apparently used car prices are spiking again
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Why? Tariffs, Capitalism, greedy company men and greedy unions.
15 comments
tl;dr: its tariffs, duh.
capitalism. it’s capitalism.
The article doesn't really mention it, but it's also partly due to the OEMs cancelling a lot of new programs over the last year. Running existing equipment, which has already paid itself off, for a few extra years leads to slightly cheaper vehicles.