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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 1 comments | | HN request time: 0s | 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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dismalaf ◴[] No.44420656[source]
Because a big part of owning a vehicle is summer roadtrips, ski vacations, visiting family, moving stuff. An SUV is simply more convenient. I've also found road maintenance is getting worse where I live, it's almost necessary having an SUV or truck just to navigate the suburbs.

Also the (semi) compact crossover has kind of killed the compact car. You get more space, better ground clearance, for a decent price.

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OwlsParlay ◴[] No.44420981[source]
That's a big part of it for you perhaps, but not for everyone?
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matthewowen ◴[] No.44421368[source]
IME it's a big part of it for a lot of people. People don't buy a car for what they do with it every day, they buy it for what they do with it a few times a year. If you have a boat on a trailer, you buy a vehicle that can pull the trailer. If you drive to the mountains in winter a few times a year, you buy a higher clearance AWD vehicle so that you can skip chain control.

You might say that this irrational and that people might be better off renting something on the occasion that they need to tow something, or go on a long road trip, or fit more than five people in their car. But people are irrational and they really do make these choices!

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1. adwn ◴[] No.44421550[source]
In addition, renting a large car for a few days is really expensive. If you have to do this 5-10 times a year, over 10 years of ownership, I'm not so sure that buying small and renting large make sense financially. Not to mention the inconvenience and loss of flexibility from having to collect and drop off a rental car, which typically isn't exactly right around the corner, especially in rural areas.