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> Also, the main assumption is that the consumer have been duped. That main assumption is correct. When your car resale value tanks and you'll have to sell you
by aioprisan 11y ago
> Also, the main assumption is that the consumer have been duped.
That main assumption is correct. When your car resale value tanks and you'll have to sell your car at a massive loss, you've been duped. When you've paid a massive premium for a more rapidly depreciating asset due to willfully deceptive marketing, you've been duped. When you can't re-register your car because it doesn't comply with emission standards in your state and you lose your economic livelihood, you've been duped.
- gutnor 11y agoTo have a massive loss in resale value, it would need to affect the car reliability. Government action against car owners is unlikely for the very reason you list (i.e. it would only affect primarily the victim), and the yearly emission checks your car need to pass are way less restrictive than for new cars. I see what you are saying and agree that it is a possible scenario. But it does not match to the reality around me or even the trends like european fastest growing car segment being SUV and Crossovers. Pollution on its own merit and not simply as a tax artefact is just not something that people look for and the article fails to give any sort of metric to prove I'm wrong.
- aioprisan 11y ago>To have a massive loss in resale value, it would need to affect the car reliability. No, it doesn't. To have a massive loss in resale value, other people contributing to the car sale/purchasing market need to be willing to pay less for that car. A car that now pollutes like a semi, will have worse fuel economy or handling after a fix, and has a tarnished image is likely to have a massive loss in resale value, when compared to others who do not have those values. And you better believe their competitors will take advantage of this problem and widen the gap even further.