I was simplifying for the sake of brevity but you’ve covered a lot of the rest of the relevant topics.
I will say that for many consumers the only price in mind is the purchase price. When shopping for a vehicle people are not looking further than what they’re paying to drive the car home. Upkeep is an afterthought.
I was simplifying for the sake of brevity but you’ve covered a lot of the rest of the relevant topics.
I will say that for many consumers the only price in mind is the purchase price. When shopping for a vehicle people are not looking further than what they’re paying to drive the car home. Upkeep is an afterthought.
Avg vehicle is 50k suv nowadays… Clearly they don’t mind paying extra for something that affirmss their gender and/or class.
Imagine what would happen to that average price if the US didn’t have a 100% tariff on the $8,000 BYD Seagull…
It could be 20k domestic truck allegedly… But yeah us is struggling at “capitalism”