Quote:
Originally Posted by Jammer
For people like my dear father, 40K is not a drop in a bucket. So he has a very hard time trying to understand how difficult it is for today's bulk of Americans to afford 40K for a car. He comes from an era in which America had a dense middle class and middle-income families in which it was easier to afford such a price for a car because their base wages were averaging so much higher than the median American wage is now (I am speculating a little bit here). I feel it is just plain more difficult to find enough customers who can afford 40k these days, UNLESS they can really be convinced the car can pay back for itself within the car's expected lifetime in fuel savings.
Personally, the average good people of these foothills of East Kentucky that had $40,000 to spend in cash or credit for a car, is much more likely to put in on a Double-Wide Trailer!!
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I agree with your point. The Chevy Volt is going to be out of the reach of most Americans. I however has been saving my dollars since 2008 for this car! To hold me over till 2010, I bought a fuel efficient
2009 Honda Accord for trade-in value so that I could get out of my gas guzzling Jeep. Many people who can afford this car want it because it will be a rolling statement of American technology.