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Sub $20k is not realistic in 2024. Even barebones ICE cars without AC and with everything cheap plastic start higher and return no margin. The last car that wa
by cityofdelusion 3y ago
Sub $20k is not realistic in 2024.
Even barebones ICE cars without AC and with everything cheap plastic start higher and return no margin. The last car that was widely available below $20,000 was the manual, no-ac Honda civic from the widely panned post-housing bubble model generation. Mitsubishi also sold a widely panned barebones model, their Mirage, that sold poorly.
Cheap cars with no margin is a suckers bet. The auto industry carries way too much debt and can’t deliver such a product and remain in business for long.
- ProfessorLayton 3y agoA Nissan Versa starts at $16,390 [1] and has AC and power windows in the base model. $19,680 with a CVT upgrade. [1] https://www.nissanusa.com/vehicles/cars/versa-sedan.html https://www.nissanusa.com/vehicles/cars/versa-sedan.html
- devmor 3y agoThere are multiple sub $20k ICE cars with AC and general accoutrements available in 2024. EV cars should be even less expensive, or the same price with more margin for the manufacturer. Please do not call things that currently exist unrealistic as hyperbole. It makes no sense.
- rsynnott 3y agoThe Dacia Spring costs about 20k EUR before EV grants. Now, granted, it's a basic car, but it seems to be doable.