Fuel Economy, Hypermiling, EcoModding News and Forum - EcoModder.com - View Single Post - So why do you think there are no cheap basic cars being sold new?

jamesqf · 07-07-2015, 12:41 AM

1) Because cost of production means you can't build a $5K car and sell it at a profit.

2) Because depreciation means that your new $20K car can be bought for $5K in a few years. Why would any cost-conscious person ever buy a new car?

07-07-2015, 12:41 AM	#3 (permalink)
jamesqf Master EcoModder Join Date: Jun 2008 Location: Earth Posts: 5,209 Thanks: 225 Thanked 811 Times in 594 Posts	1) Because cost of production means you can't build a $5K car and sell it at a profit. 2) Because depreciation means that your new $20K car can be bought for $5K in a few years. Why would any cost-conscious person ever buy a new car?