I’d be interested to see what this does to overhead costs of businesses that actually need a large vehicle.
I have a small horse farm and drive a 2010 F-150. I haul horses, 900lb. hay bales, feed, lumber for repairing fences and building shelters, etc.
If my truck breaks down I am going to have to scrape through used inventory to find something that fits my needs. I don’t need leather, 16 cameras, seat warmers, and a high end sound system. I need a truck that can get done everything I need around the farm, and I need it to be cheap enough that I’m not worried about it getting scratched.
All cars seem to be luxury vehicles now, I don’t know what folks are doing the just need something more utilitarian.