3 ms·
yes when you have a monopoly you can charge anything you want and people will pay it. The Fiero example is different, since it's an "iconic" car, which means t
by vaksel 16y ago
yes when you have a monopoly you can charge anything you want and people will pay it.
The Fiero example is different, since it's an "iconic" car, which means there are plenty of aftermarket suppliers/vendors who sell this stuff(usually other enthusiasts), so he can't really gouge.
Plus, since its a GM product from the 80s/90s..everything is interchangeable...which means he can't really charge a premium for Fiero stuff, since those exact parts can be found in any number of other Chevy, Pontiac products.
For example the 4 cylinder that came in the Fiero, also came in Chevy Astro, Camaro, Citation, Lumina, S10 and Pontiac 6000, Phoenix, Celebrity, Grand Am, Firebird, as well as Buick Century, Somerset, Skylark and Oldsmobile Cutlass and Omega.