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In the US the car manufacturers learned that they can increase their profits by selling more expensive cars to fewer wealthy customers. The average Joe will mos
by yesbut 4y ago
In the US the car manufacturers learned that they can increase their profits by selling more expensive cars to fewer wealthy customers. The average Joe will most likely never be able to afford a new car again.
https://www.asahi.com/sp/ajw/articles/14601168 https://www.asahi.com/sp/ajw/articles/14601168
- booleandilemma 4y agoMore and more nowadays I'm wondering how the "average Joe" is surviving in America at all.
- deleted 4y ago[deleted]
- yesbut 4y agoMost are barely getting by. Most can't afford sudden major emergencies (car breakdowns, medical expenses, accidents, etc.) and most are living paycheck to paycheck.
- LocalH 4y ago[Narrator: They’re not.]
- midoridensha 4y agoThe same way they survive in places like Somalia.
- rpcope1 4y agoIt wouldn't remotely surprise me if we don't see a lot of late 90's to mid 2000's vehicles getting run and rebuilt for a long time, kind of like Cuba. Barring perhaps the crashworthiness, for areas with no rust, it's kind of amazing to see how many older GM trucks of that era are still running down the road (I know I've got a couple myself). It's hard to imagine ponying up many tens of thousands of dollars for a new truck, when they don't really do anything better (or are often worse) than what you have, and the cost of overhauling an older truck still comes out pretty favorably. I wonder if GM is cursing how easy and well understood it is to rebuild and improve a 4L60E or a small block chevy?
- throwayyy479087 4y agoThe popularity of GMT800s has exploded for this reason
- switch007 4y agoI get the feeling this doesn’t just apply to cars. Too many wealthy people and a huge gap is a cancer
- philwelch 4y agoThe average Joe has always bought used cars.