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Is this real? In Europe you can get a Fiat Panda, brand new, for 9k€. Smallish engine, barebones interior, but overall a pretty decent car.
by sergiosgc 6y ago
Is this real? In Europe you can get a Fiat Panda, brand new, for 9k€. Smallish engine, barebones interior, but overall a pretty decent car.
- brianwawok 6y agoYes. Cheapest Honda 21k https://automobiles.honda.com/tools/build-and-price#panel-sort-heading-1 https://automobiles.honda.com/tools/build-and-price#panel-so... Cheapest Ford $19,995 https://shop.ford.com/showroom/?linktype=brand&intcmp=hp-showbb#/ https://shop.ford.com/showroom/?linktype=brand&intcmp=hp-sho... Those budget brands generally don’t have dealers here. Like I said you can maybe find a weird budget dealer somewhere, but it’s well under 1% if sales volume. Low budget people typically buy 3-15 year old versions of these cars (which is easily under 10k cost).
- throwaway0a5e 6y agoYou picked a brand that is a hallmark of upper middle class conspicuous consumption and a brand that doesn't make economy cars (for the North American market) anymore. The Mitsubishi Mirage, Nissan Versa and Chevy Spark (hatchbacks comparable to the small European cars the GP mentioned) MSRP at under 15k.
- brianwawok 6y agoNo one buys those though https://carsalesbase.com/us-chevrolet-spark/ https://carsalesbase.com/us-chevrolet-spark/ What % of new car sales are under 20k? 5% maybe?
- palmtree3000 6y agoHonda fit? https://automobiles.honda.com/tools/build-and-price-trims?modelseries=fit&modelyear=2020 https://automobiles.honda.com/tools/build-and-price-trims?mo... "Starting at $16,190"
- brianwawok 6y agoNice, had to dig deeper to find it. https://carsalesbase.com/us-honda-fit/ https://carsalesbase.com/us-honda-fit/ Only sold 32k cars in 2020, basically a rounding error compares to overall Honda sales. 260k civics and 200k accords.
- throwaway0a5e 6y ago>Is this real? In Europe you can get a Fiat Panda, brand new, for 9k€. Smallish engine, barebones interior, but overall a pretty decent car. Mitsubishi Mirage and other ~15k hatches fly off the (metaphorical) shelves. Just not in the kinds of neighborhoods HN tends to live in. Also HN's househeeper tends to buy a used Corrolla (or some other hallmark of upper middle class conspicuous consumption) from one of their clients so HN doesn't have that sort of exposure vector either.
- brianwawok 6y ago19k cars sold in 2020? https://carsalesbase.com/us-mitsubishi-mirage/ https://carsalesbase.com/us-mitsubishi-mirage/ That is a tiny tiny fraction of things like Corrola and Civic.