Cars that normal people can afford have thin margins.
The fat pandemic days of product scarcity and low interest rates are gone. Cheap cars will be back, but not without a lot of kicking and screaming first.
You’d think they could make a decent profit on a bare bones electric car once they go more mainstream. Just an electric motor, stereo and power windows and the basic safety features. Don’t need all the other fancy stuff.
Nobody buys bare bones cars, at least in the states. The value proposition just isn’t there. Most people will go used as the feature set is better for your money.
“bare bones cars” is one of the memes on this subreddit, along with “le manuel wagon”. Nobody wants them, that’s why they don’t make them.
Yeah for petrol cars. Electric is new and soon to take over and probably has lots of people who can’t afford expensive new electric cars that would take a bare bones electric one that was comfortable and offered cheap running cost over a second hand petrol/diesel car instead. It just has to be priced appropriately
If the MSRP is 20k, Ford is probably making $800/unit and the dealer is making $400. Unless the dealer can sell it for 25k…
Unfortunately, this is true.
Cars that normal people can afford have thin margins.
The fat pandemic days of product scarcity and low interest rates are gone. Cheap cars will be back, but not without a lot of kicking and screaming first.
You’d think they could make a decent profit on a bare bones electric car once they go more mainstream. Just an electric motor, stereo and power windows and the basic safety features. Don’t need all the other fancy stuff.
Nobody buys bare bones cars, at least in the states. The value proposition just isn’t there. Most people will go used as the feature set is better for your money.
“bare bones cars” is one of the memes on this subreddit, along with “le manuel wagon”. Nobody wants them, that’s why they don’t make them.
Yeah for petrol cars. Electric is new and soon to take over and probably has lots of people who can’t afford expensive new electric cars that would take a bare bones electric one that was comfortable and offered cheap running cost over a second hand petrol/diesel car instead. It just has to be priced appropriately