Earlier quoted context omitted.
I think the cost of a car is a huge drag on the upward mobility on the lower income earners in the U.S.
100%. And it doesn’t help that large cars as a cultural touchstone/status symbol really took off. Even if a $25k car existed most people wouldn’t buy it(even if they “should”).
The $25k car is going extinct?
201–210 of 1001 posts
Re: The $25k car is going extinct?
#202Earlier quoted context omitted.
I think the cost of a car is a huge drag on the upward mobility on the lower income earners in the U.S.
Because they are buying new and financing it
Re: The $25k car is going extinct?
#203Earlier quoted context omitted.
I'd never seen the word "subvention" before. Today I learned it's another way to say "subsidy".
It's a europeanism. In both French and German (and probably other EU languages) the word for "subsidy" is something like "subvention" so native speakers of these language often reach for an unnatural word in English. Btw other examples include "actually" which is used to mean "currently", and "eventually" which is used to mean "maybe". Personally I'm torn whether to consider this incorrect use of the language as it i…
Re: The $25k car is going extinct?
#204Electric vehicles eliminated the need for manufacturers to sell (usually small and cheap) efficient ICE cars in the US. For years, CAFE regulations have meant that manufacturers must meet minimum fleet fuel economy averages or else pay fines. In order to sell more profitable but less fuel-efficient F-150s, Ford also needed to sell little Fiestas or Focuses. In order to sell Suburbans, Chevy also needed to sell Cavali…
Re: The $25k car is going extinct?
#205in 2021 my beloved Honda Fit got totaled. I bought it new in 09 and only had 80K miles on it. They don't sell new ones in North America any more. So I bought a Kia Rio. They don't make those any more. I don't really like it but with the current chaos in the economy I'm not trading it in any time soon. I was in the UK for the first time last month and was struck by how many hatchbacks and sedans they have that we don'…
The closest Honda is probably what I replaced my 2007 Fit with: the hatchback Civic. It's a little longer, and has less usable cargo height, but otherwise is similar enough. (It tolerates my height better too.) Also available in fun, fast versions.
Re: The $25k car is going extinct?
#206We don't want affordable Chinese EVs. That's the answer here. They can build cars better, cheaper, faster than we can. Instead Ford wants to sell a 80k SUPER F-250 BIG MANN TRUCK. All for what, you to drive 10 minutes to Walmart, buy groceries and drive back. The best car is the one you don't own. No payments, insurance, parking tickets. Unfortunately most American cities are centered around driving. So much money ,…
We drive an F250, and live in San Francisco. We hardly put any miles on it (maybe 15k a year). To get around locally we ride our bikes mostly here in the city. We do use it for our small business (essential) and also to to a large RV trailer which we use to live in 2-4 months a year visiting loved ones and just decompressing. The things people don't usually talk about is the total cost of ownership. One can buy a new…
> 2-4 months a year visiting loved ones and just decompressing
What is this a humblebrag?Re: The $25k car is going extinct?
#207You guys get cars for under six figures? Haha nice, cries in Singapore
Re: The $25k car is going extinct?
#208Earlier quoted context omitted.
Because they are buying new and financing it
New car prices affect used car prices. I've been in the market for a used car for my daughter, and the prices on used are crazy as well.
Re: The $25k car is going extinct?
#209Earlier quoted context omitted.
I looked into that when I was buying a car in 2020 and I found the price discount wasnt nearly as big as I thought it was going to be plus the car was out of warranty plus all the parts now had 10k miles of wear on them. A new set of tires is like $1200. I was able to spend a few grand more for a brand new car of the same model.
It can also depend on the popularity of a given car in a particular area. In 2012 we wanted to buy a lightly used Honda Fit, which were quite popular in our city. But, possibly because of that popularity, the prices of used Fits weren't that much less than a new one, so we ended up getting a new one instead.
Re: The $25k car is going extinct?
#210Earlier quoted context omitted.
It's a europeanism. In both French and German (and probably other EU languages) the word for "subsidy" is something like "subvention" so native speakers of these language often reach for an unnatural word in English. Btw other examples include "actually" which is used to mean "currently", and "eventually" which is used to mean "maybe". Personally I'm torn whether to consider this incorrect use of the language as it i…
It's probably a new dialect if speakers of it understand each other, and also understand when usages of their dialect are wrong. European flavored English has existed for a while though since the existence of the EU as an institution has required a lot of English learning and writing as one of its official languages.
The important fact is that English is the lingua franca of both trade and administration in the EU. People sometimes still learn some French and German, but the vast majority of international EU discussions are in English, both in the EU bureaucracy and in business circles.