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Where do interest rates factor in to your calculus? We've just had really cheap money for a really long time in the US and the car makers seem to have adapted
by TheCondor 3mo ago
Where do interest rates factor in to your calculus? We've just had really cheap money for a really long time in the US and the car makers seem to have adapted and found ways to sell vehicles for more. A top of the line raptor has a tremendous amount of power and interior amenities. Oddly, they're not uncommon, I see landscapers driving them around. Maybe not the very top line Raptors, but I do see Raptors and that seems like an awful lot of truck to pull some lawnmowers and sprinkler parts around in. Low-interest financing and then we've never had high gas prices for terribly extended periods of time.
I don't know that I think the US manufacturers have taken "inexpensive, but good value" cars seriously for decades. The least expensive Ford vehicle, I think is a Maverick which starts around $28k, Hyundai, Kia, Toyota, Mazda and Honda all have cars under $25000.