←back to thread

The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 1 comments | | HN request time: 0.346s | source
Show context
aorloff ◴[] No.44418386[source]
Nobody else has said it so I guess I will.

The reason the US car industry does not want a $25k car is that the financing opportunities are crap for a car of this low cost.

In the same way that airlines exist to offer you a miles based credit card, the US car dealerships survive by offering you a loan for the car. Or perhaps, a car to go with your structured finance opportunity.

replies(6): >>44418699 #>>44418860 #>>44418924 #>>44420030 #>>44420850 #>>44422993 #
SoftTalker ◴[] No.44418924[source]
Buy the best used car you can afford for cash and forget all that dealership nonsense
replies(3): >>44419017 #>>44419334 #>>44419696 #
financypants ◴[] No.44419017[source]
The small and quasi-loophole to getting a good used car deal is buying a hail damage car. I genuinely don't understand why cars were made to have shiny paint. Cars drive on dirty roads with insects and pebbles abound. Paint doesn't matter. Car washes are crazy, except to abait rust
replies(4): >>44419135 #>>44419139 #>>44420540 #>>44421460 #
1. lostlogin ◴[] No.44421460[source]
It’s a lot easier to clean a shiny surface than a matt one.

Try clean a house ceiling versus a house wall - though anyone sane wouldn’t paint a ceiling matt, or for that matter, even contemplate painting a ceiling.

Get a painter to paint it semi-gloss.