5 ms·
There's bound to be a market for cheap vehicles in the US. It's crazy to me that Europe has several models with MSRP below EUR 10k (Dacias at EUR 7k) and here
by mguerville 4y ago
There's bound to be a market for cheap vehicles in the US. It's crazy to me that Europe has several models with MSRP below EUR 10k (Dacias at EUR 7k) and here there's just 2 or 3 below $20k.
Every other material good I can think of is cheaper in the US (from new homes to electronics and apparel), but cars are 2x the price of their European counterparts?
- jaclaz 4y agoCan you share where does a Dacia cost 7K? Here (Italy) the cheapest Dacia (the Sandero) is around 12,000 Euro. What was usually considered the cheapest car (the Fiat Panda) is around 16,000.
- mguerville 4y agoI did a cursory search but now realize it's a bit dated (2018), nevertheless here is the original source that prompted my comment: https://drivemag.com/news/these-are-the-5-best-cheap-new-cars-on-sale-in-europe/ https://drivemag.com/news/these-are-the-5-best-cheap-new-car...
- jaclaz 4y agoYep, that is some 4 years + ago, cars have lately become relatively much more expensive (blame it on COVID, on inflation, on scarcity of components, whatever), I would say starting after 2020. A part of it may be due to the fact that those entry levels (I mean the setups with the least of accessories) are not anymore manufactured (and possibly never really existed or sold as they were too basic) in the sense that the new bare minimum has raised a bit.
- duffyjp 4y agoIn 2008 or so a friend of mine bought a Nissan Versa for $9990. That was the actual MSRP not a deal. It wasn't a great car, but what happened to that market? * https://www.autoblog.com/2008/10/31/nissan-versa-1-6-becomes-lowest-priced-car-in-u-s/ https://www.autoblog.com/2008/10/31/nissan-versa-1-6-becomes...