New car sales dwindling due to high cost

[Kurtatron]

People here say this all the time, but its not true. Almost no one bought a Versa. Or a Mirage. Both were fairly reliable according to people here that owned them.

Out of a 15M vehicle market Toyota sells only like 250K Corolla's. They sell way more Camry's and even more Rav4.

There have been plenty of simple low cost cars not that long ago and no one bought them. OEM's sell what people wish to buy. They sell $70K pickup trucks and SUV's.

People who just want transportation buy used. OEM's don't build used cars, so they sell what new buyers want.

My eyes roll and I moan like a dying moose whenever I see an MSNBC or some big YouTuber lamenting the rise in car prices. Why? Because inevitably the comments are always complaining that it’s corporate greed that companies don’t build cheap simple cars.

The masses were too stupid to buy the cheap cars when OEMs made them, and then they have the gaul to complain about it when the OEMs stopped making the cheap cars.

Cry me a river.

 

[willbur]

Its just simple logic. Inexpensive cars and trucks are just not allowed into the US. Why? Gotta keep all those high union wages, and super fancy factory's going some how. In the 50's and 60's, there was no fancy painted factory floors or what ever, those where the days of "KISS" manufacturing. You know "Keep It Simple, STUPID!" Now its big pensions, and multi million dollar machines robots, fancy painted floors, lots of office space to fly paper airplanes etc.
And they still can't paint the parts for the vehicles good enough to keep the rust away.

I look at the amount of time I need to work to buy a new car mostly- not cost bc everybody's wages are so high. A highway flagger around here get $53+/hr to wave a flag or just over $110k/year, a hamburger flipper almost$ 20/hr- its all relative. Taking those wages in account, new car cost is not bad and considering what standard equipment and safety enhancements they come with that you couldn't even buy previously