The $25k car is going extinct?

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319 points pseudolus | 1 comments | 29 Jun 25 15:59 UTC | HN request time: 0.214s | source

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puzzlingcaptcha ◴[30 Jun 25 06:20 UTC] 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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huntertwo ◴[30 Jun 25 08:04 UTC] No.44420684[source]▶

>>44420041 #

You mean 23k usd? Corolla is 22k msrp i.e under 20k euro. Nissan versa is 20k msrp. Then account for the fact that Americans have higher income than Europeans.

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1. TuringNYC ◴[30 Jun 25 13:30 UTC] No.44423063[source]▶

>>44420684 #

I found that saving money on the car helps a bit, but not much -- the insurance costs are usually the dominant factor. Almost no one here seems to be talking about that.

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