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152 points voisin | 2 comments | | HN request time: 0.508s | source
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bartvk ◴[] No.42168473[source]
https://archive.ph/9oIT4

I wish it would have adjusted for inflation. One quote: "The average transaction price for a new vehicle sold in the U.S. last month was $48,623, according to Kelley Blue Book, roughly $10,000 higher than in 2019, before the pandemic." However, about 9200 euros of that is due to inflation according to this calculator: https://www.usinflationcalculator.com/

That's a nitpick though. All in all, an interesting article, which can be summarized as: the EV car market is lacking demand, and car makers definitely don't want to make cheap EVs since it's already so hard.

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AgentOrange1234 ◴[] No.42168570[source]
If even ICE cars are now super expensive, why isn’t this a screaming opportunity for some auto manufacturer to target the low end of the market?

I’ve never spent more than 20k for a car. With prices like this, I’m just going to keep my old one as long as I can.

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bluedino ◴[] No.42168591[source]
Kia sells quite a few cars that start at $20k, like the Soul and Forte
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wlesieutre ◴[] No.42168633[source]
Quite a few $20k ish, though only the Forte actually making it under that. Forte LX starting at $19,900.

Of course that's without without the $1,155 "destination" fee, so even the Forte really starts at $21,145.

But considering inflation, $21k isn't a bad price.

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OptionOfT ◴[] No.42168758[source]
We need laws that ban these junk fees. Any advertised price should be one I can get when I walk in.

I cannot get the car without registration. I cannot get the car without 'destination' fee.

Bake it into the price.

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EricE ◴[] No.42172895[source]
Just ask the dealer to compute the out the door price. It really isn't that difficult and certainly doesn't require yet another stupid regulation!
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triceratops ◴[] No.42173278[source]
So instead of easily comparing prices online, now you have to call dealers individually and ask them to compute the out the door price? Which they already know and could post online themselves?

This is exactly the kind of problem regulations are meant to solve. Preventing false advertising and bringing information to all market participants make the market more efficient.

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1. vundercind ◴[] No.42173438[source]
Such regulations are pro-market, too (not pro-business, in the sense of being something business owners will be thrilled about—confusing the two is a common error). Increasing price transparency is supposed to be a way to improve market efficiency.
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2. triceratops ◴[] No.42173480[source]
I didn't say pro-business. I'm sure dealerships won't like it.