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General Discussion / Re: Things that made you go "WTF?" today o_O
« on: July 08, 2021, 09:44:39 am »Dunno. Electric vehicle technology is pretty mature already. It's not even really that expensive - I mean if they would just sell me a car without all the infotainment, ADAS computers, and other electrical things* that cost more than their mechanical equivalents, they would be able to get the price down to where I want it.
Also holy crap; average new car purchase transactions in the US are now over $41k! This is so high that used car prices have gone up apparently 30% in the past year. In fact it's a weird situation where some used cars (purchased in the last year or two) are now worth more than they were new!
Apparently most of the new car prices are, according to some news articles, due to the public's foolishness: "Another factor lifting the average car price: Car buyers' desire for more expensive trucks and SUVs, rather than less expensive sedans. Consumers also want more expensive features, such as automatic braking and lane departure warnings, which boost prices, too." These are all things I DO NOT WANT. Due to the general public demand, though, manufacturers aren't making what I want... and cars are not really something you can get "to order" if you're middle-class.
The skyrocketing used car prices are not primarily due to current trends in new cars. They are more of a side effect to there not being any new cars in the first place. The computer chip shortage means they cannot make cars fast enough to meet demand.
In any case, consumer trends do explain the drive away from sedans and toward more features, but as much or nore of the blame lies with the automakers. Simply put, the profit margins on a loaded SUV are far higher than those of a basic sedan. So they used trend ata as an excuse to double down on the SUVs.