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The trouble with this approach is that people with less money then only get the things that got made for rich people and then set aside. When I got my first ca
by wpietri 3y ago
The trouble with this approach is that people with less money then only get the things that got made for rich people and then set aside.
When I got my first car, the thing many of my peers ended up with is the land yacht: https://en.wikipedia.org/wiki/Land_yacht_(automobile) https://en.wikipedia.org/wiki/Land_yacht_(automobile)
I was very lucky to get a hand-me-down Japanese economy car. It was efficient and reliable. But my peers had to spend a lot more on gas and deal with more frequent repairs. The land yachts were expensive to operate because they were made for rich people but cheap to buy because they were out of fashion and not a great deal in the long term.
I'd much rather see us producing low end models that people of modest means can buy new, ones designed for that market.
- mrguyorama 3y agoIndeed, poor people don't need a secondhand Escalade, they need a Geo Metro. But your average american seems to be willing to pay twice as much for gas and buy a truck for whatever reason.
- falcolas 3y agoA second hand geo metro would cost even less, making it more attractive. The same will be true with Tesla model 3’s. Even $30k is a lot to spend on a vehicle.
- falcolas 3y agoIt’s how the car market operates for most of the US today. Dealers make more off used sales than they do new.