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The $25k car is going extinct?

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Re: The $25k car is going extinct?

#51

Post by margalabargala »

iancmceachern wrote: post #45
soganess wrote: post #41

Earlier quoted context omitted.

[flagged]

>>"absolutely prat" Why the personal insult? Mods is this ok per HN policy? I use and need it for work, yes big heavy things also need to be done in cities too. I noted this in my original comment. It's very tacky to personally insult a working person for the tools of their trade. You don't like the fact that a plumber needs a plumbing truck? How would a window installer get the windows to the jobsite? How do you bri…

They weren't personally insulting you, they were describing antisocial behavior generally, and reasons why people might be prejudiced against drivers of large trucks.

Prior to that comment, you hadn't said anything indicating you personally partook in that antisocial behavior.

Re: The $25k car is going extinct?

#52

Post by caleblloyd »

999900000999 wrote: post #43
iancmceachern wrote: post #36

Earlier quoted context omitted.

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…

You don't have to justify your personal situation to me. If you feel like buying a 80k truck, that's cool. The issue with America is the vast majority of truck buyers really can't afford an 80k truck. This isn't the best source, but it says here the average truck buyer is only making 82k or so. https://www.myautoconcepts.com/blogdetails?id=4049 From experience talking to friends and sales people plenty of folks with…

Another (possibly bigger) reason cars are cheaper in China is because their government subsidizes the heck out of BYD and the likes. It would be like if Tesla didn’t have to pay anything to build their factories.

Re: The $25k car is going extinct?

#53

Post by chasd00 »

The sweet spot has always been a 1 year old used car with low miles. There’s lots of those for less than or about $25k. Honda, Toyota, and Mazda have models in those ranges that will easily last a decade.

Re: The $25k car is going extinct?

#54

Post by JKCalhoun »

snovymgodym wrote: post #7

It's pretty simple (in the US, can't speak for elsewhere). There are 2 big factors at play: 1. Margins. Manufacturers make huge margins on expensive vehicles and very slim margins on cheap vehicles. The numbers differ, but I think even in the lead up to the 2008 crisis automakers had to sell 5-10 "econobox" cars to make the profit they made on one luxury car, SUV, or truck. 2. Normalization of debt. For many American…

I think the cost of a car is a huge drag on the upward mobility on the lower income earners in the U.S.

Re: The $25k car is going extinct?

#55

Post by defrost »

jfengel wrote: post #46
999900000999 wrote: post #8

We 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 ,…

I have never seen the bed of a Cybertruck. Not a dig at the vehicle; that's a different thing. Rather, I notice that this truck doesn't seem to spend much time as a, ya know, truck. With other trucks it's less obvious because they don't have a built in bed cover. I suspect many of them also spent very little time trucking, at least here in this suburb. Perhaps it's different in more agricultural areas.

I'm in an agricultural area, have been in and around agriculture and mining for many decades, I can't see anyone buying a cybertruck for any practical reason.

I've seen the offroad performance videos, the cybertruck isn't anything to write home about wrt to either ground clearance or scrabble factor (broken road hill climbing, etc).

Other cheaper vehicles perform as well or better.

The tray area is a nightmare, three side access to tools is good, totally flat tray backs are good, side rails for tie downs are good, ability to custom fit racks for carrying stuff (long lumber, or glass and or panels, etc), etc. are all the kinds of practical choices that dictate a practical utility purchase .. none of these are things at which the cybertruck shines.

Re: The $25k car is going extinct?

#57

Post by JKCalhoun »

paxys wrote: post #38

One fact not mentioned in the article - Americans now owe $1.64 trillion in auto loans, and cars make up 9% of all consumer debt in the country. In fact we now owe more on cars than student loans. The average loan term is rising - almost 6 years now. 60-day delinquency on auto loans is at 6.6%, the highest ever recorded, and is as high as 9% in some states. So while car prices keep going up, people also keep going de…

When, as the article says, the $25k car is going extinct, I do blame manufacturers and banks (and the dealerships).

Re: The $25k car is going extinct?

#58

Post by resoluteteeth »

chasd00 wrote: post #53

The sweet spot has always been a 1 year old used car with low miles. There’s lots of those for less than or about $25k. Honda, Toyota, and Mazda have models in those ranges that will easily last a decade.

1 year old used cars are inevitably going to get more expensive as new cars get more expensive (or cheaper new cars cease being made)

Re: The $25k car is going extinct?

#59

Post by freedomben »

chasd00 wrote: post #53

The sweet spot has always been a 1 year old used car with low miles. There’s lots of those for less than or about $25k. Honda, Toyota, and Mazda have models in those ranges that will easily last a decade.

I've bought a couple of those and never again. They're usually former rental cars and people best the shit out of them. I've had so many stupid things break

Re: The $25k car is going extinct?

#60

Post by GiorgioG »

eitally wrote: post #28
999900000999 wrote: post #8

We 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 ,…

You're not wrong, but I think there's another factor, too. (And I drive a 2017 F150) I would love to sell my truck and get something smaller. But I just got a repair estimate of almost $2500 to replace the from facing camera in my wife's Odyssey, and the Bluetooth stack in my truck has never really worked properly for phone calls. With cars becoming increasingly. "Software defined vehicles" I don't feel comfortable p…

2016 F-150 here…just keep it. At this point I’m going to run mine into the ground. No way I would spend whatever Ford is asking for nowadays for a new one.
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