3 ms·

We're all just waiting for the Slate for exactly that reason.

by Brian_K_White 9mo ago

mcny 9mo ago
I was hoping it would be under USD 20k including all taxes but now rumors say likely NOT under USD 25k?
- ghostly_s 9mo ago
  well the website says "mid-twenties" so Id say more than a rumor.
- deleted 9mo ago
  [deleted]
- fwip 9mo ago
  The announced "under $20K" price was including the now-cancelled $7,500 EV subsidy.
- Moto7451 9mo ago
  A Toyota Corolla starts at $23K. I think the "Under 20" and "Under 30" price points (a la the original Model 3 goal) are simply a thing of the past for any volume car with reasonable demand.
  - mrguyorama 9mo ago
    What you get for that $23k is now quite substantial though. Power windows are standard. 169hp. Automatic climate control, central locking and key fobs, Automatic emergency braking and other radar based features. Digital gauge cluster. Modern infotainment. Modern crash safety, which is really good compared to 20 years ago. That's a lot of car for $10k in 1996 dollars. That's ignoring the $3k in fees, taxes, and whatever scam the dealer runs. The reason we don't see more of it is that selling one $23k Corolla to one value minded shopper can't make line go up as much as selling one $60k MEGATRUCK to one easily influenced shopper. The new car market is exclusively for people who buy new cars regularly, and are therefore willing to get very bad deals for cars. The market is driven by people who self select for bad ability to parse value.
    - Moto7451 9mo ago
      Yup. The expectations are set higher and to a point since cars are bigger for safety reasons (crumple zones, airbags) and have more pedestrian safety features like spring loaded hoods, it invited incremental additions until the new price points were set. A spartan 19K car isn’t going to sell as well as a CarPlay equipped 23K car.
      - mrguyorama 9mo ago
        No, it's better than that. Inflation adjusted, this $23k corolla costs less than a base model 1995 Corolla. That one had an MSRP around $12k There has been real price decrease in small cars!
        throwerxyz 9mo ago
        No there hasn't. Wait until you see how cars are made now. Comparing it to other products made by machines that actually have reduced in price since 1995 like kettles, LED lights, pc components, peripherals. Cars should be far cheaper but they're not, and that's on purpose.
    - wiredpancake 9mo ago
      [dead]
- bradchris 9mo ago
  That was based on the $7.5k EV subsidy. California will still give you $2.5k, though, so just over $20k. Crazy to think had the federal subsidy not been cut, that car would be possible to get for around $15k. Unheard of.

We're all just waiting for the Slate for exactly that reason.

mcny 9mo ago

I was hoping it would be under USD 20k including all taxes but now rumors say likely NOT under USD 25k?

ghostly_s 9mo ago
well the website says "mid-twenties" so Id say more than a rumor.
deleted 9mo ago
[deleted]
fwip 9mo ago
The announced "under $20K" price was including the now-cancelled $7,500 EV subsidy.
Moto7451 9mo ago
A Toyota Corolla starts at $23K. I think the "Under 20" and "Under 30" price points (a la the original Model 3 goal) are simply a thing of the past for any volume car with reasonable demand.
- mrguyorama 9mo ago
  What you get for that $23k is now quite substantial though. Power windows are standard. 169hp. Automatic climate control, central locking and key fobs, Automatic emergency braking and other radar based features. Digital gauge cluster. Modern infotainment. Modern crash safety, which is really good compared to 20 years ago. That's a lot of car for $10k in 1996 dollars. That's ignoring the $3k in fees, taxes, and whatever scam the dealer runs. The reason we don't see more of it is that selling one $23k Corolla to one value minded shopper can't make line go up as much as selling one $60k MEGATRUCK to one easily influenced shopper. The new car market is exclusively for people who buy new cars regularly, and are therefore willing to get very bad deals for cars. The market is driven by people who self select for bad ability to parse value.
  - Moto7451 9mo ago
    Yup. The expectations are set higher and to a point since cars are bigger for safety reasons (crumple zones, airbags) and have more pedestrian safety features like spring loaded hoods, it invited incremental additions until the new price points were set. A spartan 19K car isn’t going to sell as well as a CarPlay equipped 23K car.
    - mrguyorama 9mo ago
      No, it's better than that. Inflation adjusted, this $23k corolla costs less than a base model 1995 Corolla. That one had an MSRP around $12k There has been real price decrease in small cars!
      - throwerxyz 9mo ago
        No there hasn't. Wait until you see how cars are made now. Comparing it to other products made by machines that actually have reduced in price since 1995 like kettles, LED lights, pc components, peripherals. Cars should be far cheaper but they're not, and that's on purpose.
  - wiredpancake 9mo ago
    [dead]
bradchris 9mo ago
That was based on the $7.5k EV subsidy. California will still give you $2.5k, though, so just over $20k. Crazy to think had the federal subsidy not been cut, that car would be possible to get for around $15k. Unheard of.