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The problem from the manufacturers' perspective is that the gear required to meet 2021 safety, emissions, and fleet efficiency standards by itself almost pushes
by letitbeirie 5y ago
The problem from the manufacturers' perspective is that the gear required to meet 2021 safety, emissions, and fleet efficiency standards by itself almost pushes a new car's price over $5000, and that's without leaving any budget left over to make it a car anybody would want to buy.
They do sell vehicles at that price which get around all of those standards, but they lose two wheels in the process.
- nine_k 5y agoYou can still easily buy a decent used car for $5k. Try buying a half-decent used home for 25% of its initial sticker price.
- gogopuppygogo 5y agoYou used to be able to buy a decent used car for $5k but as of recent you can't find any without connections. I've been telling folks interested in Japanese cars that it's $10k at this time to buy used with low mileage for a sedan and $15k to buy used with low mileage for an SUV.
- jjav 5y agoIs is true that the used car market has gone way up, but it is nowhere near that bad yet. Tons of perfectly good used cars for under 5K on CL. And this is SF Bay area where prices tend to higher. https://sfbay.craigslist.org/search/cto?purveyor-input=owner&min_price=1&max_price=5000 https://sfbay.craigslist.org/search/cto?purveyor-input=owner...