3 ms·
It's probably both - there isn't a lot of margin in something like a base model vehicle compared to its upmarket family and not a lot of people come in looking
by zucked 4y ago
It's probably both - there isn't a lot of margin in something like a base model vehicle compared to its upmarket family and not a lot of people come in looking for a vehicle with manual crank windows and a stick shift (I WOULD) so they aren't flying off the lot.
- nerdponx 4y agoI wonder if there is a feedback loop between this phenomenon and income inequality. People in the "lower middle" income tier can't afford anything but the cheapest basics (or are forced to switch to used cars), so demand becomes skewed towards higher quality stuff, so the product mix gets adjusted towards higher quality stuff, further increasing prices, etc.