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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 1 comments | | HN request time: 0.255s | source
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puzzlingcaptcha ◴[] No.44420041[source]
You can still buy a new subcompact car (like a Renault Clio or Skoda Fabia) in Europe for under 20k EUR.

The more interesting question is why these cars disappeared in the US. And while many of the factors discussed here are true for both EU and US (inflation, interest rates, manufacturer profit margins etc) I am surprised no one mentioned the 'SUV loophole' of US regulations that effectively boosted the SUVs (off-road vehicles are classified as non-passenger automobiles with everything that entails, notably much less stringent emission standards) and made the small cars unprofitable to make in comparison.

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epolanski ◴[] No.44420555[source]
> like a Renault Clio or Skoda Fabia

Few caveats:

- those are generally promotional prices

- those prices are generally tied to financing (you really can't buy it cash at those prices, you need to finance it through them at crazy 7/8%+ rates)

- you can wait for the car even 10 months

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1. cbg0 ◴[] No.44421361[source]
Not really, there's 43 brand new Clios available for pickup in Romania right now, starts at €17100, with the full hybrid €21000 before incentives.

14 Skoda Fabias in stock starting at €17625; €20500 if you want a few options and an automatic gearbox.