Cheap Cars Are Dead
motor1.com
motor1.com
"The auto industry has almost completely abandoned the idea of selling affordable cars in the U.S.
China is plainly planning to fill the gap, as Japan did some decades ago.
This will -- guaranteed -- lead to a furious response, but that won't include US carmakers actually competing. The response will be protectionism, because one thing history has shown us is that American companies facing foreign competition are terrified of actual competition."
That just means that the buying power of the USD has declined so much that no price is possible that is under the 20,000 mark.
Go ahead buy now. A time will come when the headline reads "Cheap Cars under $100,000 have disappeared."
My first brand-new 6-cylinder GM car was priced at $2200, if you feel like a little bit of history. :)
I really think the buick envista is a stand out for an entry commuter car for the price.
The mazda cx-30 is in the 30's with turbo is going more fun to drive for the cost, but you can get one in the mid 20's with the base engine.
See for example:
https://insideevs.com/news/710364/byd-detroit-import-seagull...
Yet another case of disruption from below.