The reaction to this video is amazing. Thank you all so much for the support and engagement. New video on the weird, ever growing size of Car Grilles coming soon!
What do you mean "for a mazda," lol? Mazda by consumer reports and car and driver was ranked 3rd for reliability in 2022 and 5th in 2024. It has a better interior and exterior than both the Honda and Toyota and most of their cars are made in Japan. Still overinflated prices, but it's clear you have no idea what you're saying.
@@TonyTheTruckGuy I should have clarified I think the manufacturer during Covid saw everyone marking up all the Dodge products a crazy amount and people still buying them and said fuck it. We want a piece of the action we’re gonna just start the MSRP higher.
@@OctaneAndAsphalt That's very possible. I'm sure inflation played a factor as well, but wouldn't be surprised at all if they were marking up more than needed.
People hate and shit on affordable cars so much and cry when they actually disappear. I've only heard negative things regarding the Mitsubishi G4/Mirage and the Nissan Versa and they're one of the last affordable cars on the market
I've always loved toyotas from the 90's-early 00's. So I've always had a soft spot for them cheap japanese econoboxes. I own 4 of them: '99 corolla, '02 camry, '05 sentra, & '06 corolla. none of them have given me any problems, and they are all easy to repair & maintain. I don't plan on getting a rid of any of them, so I'll probably drive them for the rest of my life. Which is fine by me. Back in 2009, A friend of mine bought a used '06 versa hatchback 6spd. She let me drive the car for a night, and it was a great little car. I'm pretty sure it's still her daily driver.
Got a Honda Fit. I'll never buy a cheap car again. Such low quality. Definitely the worse car I ever had. It's was just so unreliable and felt unsubstantiated. They were not good cars. That's why people stopped buying them.
@@baronvonjo1929 Very strange, most people I came across said the Honda fit is one of the most reliable and practical car that they ever had in their life. Yes, it's cheap as hell and quality isn't going to be good as a Civic but it makes up for it... by being a cheap eco-box that can be easily maintained for years by doing the bare minimum. Maybe you got a bad deal of a fit...?
@@REXae86facts homie paid almost 3k for 1996 ford explorer a 96, almost a 30 year old car which is valued at most 700$ don’t get me wrong it’s actually a good car but it wasn’t worth that much imo. But he was willing to pay that instead of being bled dry over a over inflated car with a even more overinflated car note
It's the automakers 100%. Cheap cars are low margin. They'd much rather sell you a fully decked out SUV for $80k rather than a $20k compact all day. There's no money in cheap cars has nothing to do with demand.
Dealerships look at it this way . A car takes up space and they rather sell a $60,000 car than 4 cars costing $15,000 each and taking up 4 parking spaces on the lot . More price per space the better for dealership.
It's also the customers People would rather get a loan for an oversized truck than just buy something they can afford, something banks and manufacturers are happy to provide
The real issue is corporate scalping, they overcharge us for everything nowadays, then wages go up and they raise the price of chicken and eggs another 1.90$ when we’re not looking
Only fools explain prices with inflation. I bought 3 new vehicles this year including the new Z car. Truth is the economy works in my favor not yours. But I know what a great car is. Hint it’s never anything American made. American products suck!
i love compact cars, I bought a 2008 Kia Rio for $3,000 and i've only put $600 into it in the last 2 years, i was looking into selling it soon, however there's no cars out there that even rival that price without said cars having major mechanical issues and that's why they're cheap, i'm stuck with this car until prices either drop or, by a stroke of luck, find another similar vehicle for the same price, which is really unlikely nowadays
They need to add "poverty spec" where it has no screens, analog gauges, seats, and hell, id even say roll up windows. It would sell like hot cakes in todays market
A screen is actually less expensive to put in than analog gauges and buttons. Manufacturers don't need to do any of the design work or wiring for individual components. Slapping in a tablet and doing everything in software is a cost saving measure that we got gaslit into thinking is premium.
If you want a cheaper car just buy one that is a couple years old. Most cars coming out of lease agreements are in quite good shape. It's ridiculous to buy a new car with all the added fees that are attached to that unless you want to show everyone how much money you have
That's how I bought my 2022 Kia Stinger. It was traded in and I got lucky to see it before they had even brought it in for inspection and cleaning. I signed all the paperwork and had to come back in a couple days to drive it home. $8k under sticker price because the guy put 19k miles on it in a little over a year. He was highway commuting to the local shipyard.
I never thought I would buy a new car, but I was in the market for a reliable hybrid vehicle and the used prices were awful, and so were the interest rates. I ended up getting a new 2024 Corolla Hybrid for under $25K, which was close in price to used models from a few years ago. But I did have to wait a few months to find one without dealership mark ups.
Dude, here in Central-Eastern Europe, the list price of a new basic Camry is 45800 USD, gross (51000 USD for the mid spec). Plus maybe another 1000 USD for the paperwork and additional tax atop of VAT. 31000 USD for mid spec would be a pretty reasonable price even here, regardless the fact that the net median monthly wage is exactly 1000 USD.
Well yeah that because japanese cars are not as widespread as in the Usa if you want a cheap new car you can buy a peugeot cutroen renault opel seat all for less or arround 20k euros
From what I've seen, car ownership/usage seems to be orders of magnitude less than in the US. So manufacturers can't rely on 'economies of scale' as much to reduce price while keeping profit, in Europe.
But the old supra was more expensive to make, and the new one uses an already existing chassis and engine that toyota didn't pay for researches to create from scratch.
Although US market takes the biggest hit here, this trend is certainly also happening on other places. Except maybe just for specific already complacent brands like Toyota & Honda.
in other countries its actually worse, cheaper car in other countries which is far more inferior than cheapest car in the US also getting more expensive.
It’s not that different in Europe. The cheapest new car in the UK is the base model Dacia Sandero at £13,795 but it is very much a city car. In 2017 the Sandero (albeit a previous model based on aged Renault design) started at just £5995.
Funny how people complain that cars are too expensive, and this everything is too expensive, but refuse to buy a sub 20k car. I never see versas or mirages on the road but always see BMWs and muscle cars everywhere.
Cheap cars still exist they just don't sell them in the US cause most of them will definitely not pass crash test regulations in the US or just regulations in itself
@@firefly9838 with the big axx trucks and high top speeds in highways most of those cars would not keep up not to mention most of them are very basic and wouldn't fare well to American needs
I agreed with your points until the end. The problem with cars isn’t just the tech, it’s the size, complexity, and greed of the company. Today’s corollas are the same or larger than Camrys from the 2000’s. Americans are unique in that everyone HAS to own a car, and that it tends to be a reflection of their social status. Nobody wants a cheap car, so anything nice is inflated. Fierce competition also drives up prices as cars are packed with more complex machinery. As for what I don’t agree with, I don’t agree that emissions restrictions are dumb. The US leads the way in gigantic, archaic, fuel guzzling cars. I love them too, but as a society, we can’t have them in large quantities, and not forever. Most other countries (even Japan with famous sports cars under its belt) has emissions restrictions and favor more economical cars. I think a large engine tax instead of a ban is more logical. The pollution and noise that cars make isn’t an indisputable fact of life, it’s a product of how we choose to transport ourselves. Whether it be hybrid, electric, hydrogen, or some other type of drivetrain, we will at some point be forced to widely transition to cleaner vehicles for our health and the environment.
Sad but true, I'm very fortunate to have found a '99 corolla 5spd. And it only had 173k mi. for sale by it's original owner. It was well take cared for, but I still changed all the fluids, and gave it a major tune up. I'm going to keep that old whip until I can't drive any longer. The A/C still works, and that's luxury enough for me.
Because that shit CVT needs maintainance and some repairs in its life span, with a manual gearbox changing the oil is optional maybe a clutch change over 300.000 km.
I own a 21 Civic Sport touring, it has the CVT which made me initially nervous, but I learned that Honda makes some of the best, and are built to last unlike Nissan
That’s why I love my 2012 Mazda 3 skyactiv. No sensors, no screens and no extras in between it just has a little old school clock display that says zoom-zoom when starting the car and it’s always smiling
A large reason for this can be found at the buyers themselves. A car without AC? This has to be standard. A car without big screen to not only listen, but watch the radio? Ehm, nope. Electric seat adjustment, automatic tailgate, auto-dimming, follow-me-home-lights? Well, I take it! This all led to the prices we now have, and further to horrendous repair costs for all the sensors in the front bumper when having a minor accident. So what's the whining all about?
A car without ac is to much cost cutting can't live without it in 50 degree Celsius or 120 degree Fahrenheit.Yes I can live without some options like Rain sensor, Retractable mirrors,power windows,power staring,radar,adaptive cruise (full waste if you rely to much on car rather than your own driving skills) electric seats, fog lamps, Heads-up display and digital mid etc .
IMO for me standard features for modern cars should just be: AC, electric windows, central locking, basic cruise control, auto dim rear mirror, auto headlight, heated mirror, backup camera, and good responsive touchscreen with Apple CarPlay and Android Auto (yes at least just this one, no jeed for built in GPS or games in the car). We don't need lane keep assist, 360 camera, auto cruise control, semi autonomous self driving, heated seat and steering (at least on certain climate dont really need this), auto start/stop, keyless start, retractable door handle, fancy led matrix headlight, and putting fake leather or alcantara everywhere. We ended up actually putting luxury features on supposed to be everyday economy car. I think some new things should be standard but not too much. For screen, having just Android Auto and CarPlay is more than enough since its what most will car anyways. Screens don't need to be too big either at least at base model, but touch responsiveness is a must still. Also we need more physical controls, less touch based interface which is horrible for driving. Dashboard is something I'm not sure. If traditional gagues is cheaper, then that what is should be for base. But if LCD is actually cheaper since its literally just an LCD with basic electronics, that might be more simple than more complicated gagues.
@@kornkernel2232 '80's and early '90's cars were the best. Zero driving assists except for the occasional ABS and automatic transmission. Next to no electronics, mostly a single computer and very simple wiring. Very responsive engines due to mechanical throttling. Extremely easy to maintain, even for laypeople. Nothing turns on unless you want it to.
I think the commenters above are reinforcing your point. Is it that hard to wind a bloody window down? I'm Australian, and looking at buying my kid's first car. (My mates and I virtually all destroyed our first cars - either literally - or with mods that destroyed engines or were stupid and added negative value in practice to the car). I went to an Auction site for Repo'd cars looking for value, clicked the wrong button and went to the page where insurance companies sell the vehicles they've written off. Fuck me. So many written off cars have damage to only the rear, or a quarter, and from 3 sides they look brand new. But the damage has let water into the electronics, and by the time you add up all the electric motors and sensors, ECU's and Semiconductors, these things are not worth repairing before you add a cent for Labour or new panels. As young men, we'd have bought these 3 year old write-offs with 20,000 kms on the clock, and thrown their engines in our 15 year old bangers. But you can't do that today. A 3 year old Mazda's engine sensors send different massages to its ECU than a 10 year old Mazda's, even tho you think they're the same thing. And that ECU sends different messages to the Dash Screen, meaning it won't work either. So unless your building a track only Frankenstein or a Dune buggy, replacing engines and transmissions from different years is a nightmare. As a teenager I changed engines, transmissions, clutches and brakes. But none of that is user serviceable anymore without voiding warranties, or more importantly, your insurance. And it's a million times more complicated than it used to be. I was an absolute amateur at wrenching, but there was still a lot I'd take on. @GreatExpectations - I'm only 50, but when I was a kid, cars didn't have A/C, and we'd drive hours to holiday spots when it was 50C/120F. A wet towel in a closed rear door with the window down is fine for A/C when you're not worried about buggering up any electronics in the door. Hot air blows thru the wet towel and cools right down.
@@tsubadaikhan6332 Yeah I can agree with u on this point when my mother was in college in 1992 to 1994 her father owned a car which came with no ac and seat belts .In 1990s ac wasn't a standard in hatchbacks till 2000 so these kinds of things which seem normal nowadays were considered luxury at that time.No local buses before 2000 come with ac.Talking about no ac the last time I travelled without ac in a car which existed in our house was from 2022.
The thing is about the tech argument is that it isn't even entirely true. Replacing everything with LCD and touch screens saves manufacturers a buttload over the old analog options. The issue is the perception of screens vs dials and buttons, and how manufacturers trick consumers into thinking that it is important to have a mini tv screen slapped into their center console. We are getting to the point now the screens are so large they went from mini horizontal displays to giant vertical ones that are taller than the steering wheel. Getting into a 2010 Honda with buttons and dials makes you feel like you are in a junky old car, a relic from a bygone era where in order to turn the ac temp up and the volume down, you would simply reach over and turn a dial clockwise or counter clockwise. Now, at the repeated press of a button, you can navigate from your car's built in map over to audio settings, and then down to volume options and either slide or hold an on screen button to adjust as needed, and then you simply flick over to the climate tab and do the same for your preferred temp setting. Not only is it unsafe, unintuitive, and many times the cause of headaches in repair, but it is literally a cheaper option for manufacturers, all while being able to claim it is a luxury feature while they explain away the fact that the 2010 Honda cost nearly 10 grand less than its modern counterpart, and will likely be on the load twice as long without major issues. In the modern world of "daily driving" vehicles, you are laughed at if you ask for less, both in price and "features". If I wanted to look up directions, I have a device in my pocket that can do the exact same things these cars have built into them, and if I needed my car to tell me these directions, why wouldn't I just spend $2 on an audio cable to run from my car to my phone to let me? I haven't bought a new car in nearly a decade so I can't say personally why somebody would want one of these new vehicles, since sadly I haven't had a 20 year old in a polo shirt and khakis ride around with me in one to tell me how great they are. I genuinely feel bad thinking about all the first time car buyers looking to bury themselves in debt, some so they can "keep up with the Joneses", but others because we in a modern world where there are more options for cars, trims, packages, and features, but less options for affordability, practicality, and reliability in many cases.
its stupid how if a new car doesnt have this kind of feature other cars have, its considered bad. all of these affordable and smaller cars are gone since americans think suvs and trucks are superior to sedans, hatchbacks, and wagons.
Bought a 2007 Subaru Legacy last year. It was peaked out for options at the time. And its enough. It's a nice driving experience. I like driving, I don't need to operate a living room with all its creature comforts. That's not luxury to me, it's distracting boredom. I get in that car every day and think "This is it, the 2000's is where we actually peaked on safety, tech, and design."
I wish brands would continue making older models and selling them as affordable options, if I could buy a brand new 2005 car today without the modern technology that would be so cool.
Better off buying a certified pre-owned car anyways, at which point the prices of many Accords, Camrys, etc come down to well under $30k and often have a longer warranty compared to buying brand new
Combine the market being flooded with “stimulus” cash and the banks severely loosening their lending requirements and you get the mess we’re in presently. You can only charge what people are willing to pay, but people stopped caring about the actual prices a long time ago… all they care about is how much they can get approved for. I work as a mechanic at a dealership. The bar’s been lowered so far that even large dealers like mine will carry 11 year old vehicles and secure loans @ 30% interest for them. And on the opposite end of the spectrum banks will loan someone with a 35k annual income equivalent to 100k for a wrangler
$20K in 2010 is $40k in 2024, people vote for it, so, it is what it is. Stop buying new cars over $30k and you will see cheaper vehicles showing up, but average US buyer is dropping $47k to buy a new vehicle, driving the biggest and the worst financial situation to the average consumer, repos are breaking records since people can`t make their payments.
My dad bought me my 2008 pontiac g5 (basically a chevy cobalt coupe) as my first car from my aunt for only $900 back in 2019. Best car in the world. It's Super reliable, fairly peppy, only 1 button on my steering wheel (just to check mileage and coolant temp), nice midnight metallic blue color, konig control rims, and Bluetooth with a nice sound system. Plus i can say my car is part corvette because GM used the same steering wheel found in the c6 corvette. Im keeping it until the crash do us part. The used car prices are so insane. Im looking for an old beater truck to haul my welding stuff around and people are asking for 10k on their 90s ford ranger with almost. 300k miles. Im just gonna put a tow hitch and a roof rack on my g5.
Being an owner a of new Camry this video hits home. But I will say the two main problems are people who can’t even afford these cars still willingly paying, and secondly people just suck at negotiating and walking away from a bad deal. I was at the dealer for 7 hours and I got roughly $4k knock off my Camry plus my trade in was valued over the original purchase price. I told the sales manager I’m buying a Camry not a dodge viper, I’m not paying a stupid amount for a Toyota lol. Another thing that needs people’s attention is how bad paint is on new vehicles. It’s an issue because small chips get down to steel and can rust. It’s not gonna spread like it does up north with salt, but regardless a new vehicle get rust spots is ridiculous.
Inflation is a bitch when the general buying power of the public has been stagnant. The math suggests that cars are around the same relative value of their past selves while offering several times more capability. The world is experiencing a slow speed recession big time.
@@LeroyLegacy Exactly my point on this topic that if you get 80 % of discount after 4 years the car wouldn't be in good condition meaning it would've ran for 50,000 km or more and some touch ups on the body.
There is a law in the US requiring automakers to have backup cameras in all new vehicles since 2017. It is literally illegal to sell a new car without a screen here.
You got one thing wrong in this video. The screens that control most things are actually LESS expensive than making all the knobs, buttons and features. It's easier and cheaper to just put it on a big tablet than to put all that time and work into designing a console and building them. Cars are getting more expensive, even though they are getting cheaper and cheaper to make...
It's not only emissions, it's the safety regulations getting stricter and stricter, look at cars in the 90s! They didn't even have an air bag on the wheel! You would be impaled at any comission!
Idk how but I kinda wanna start a car brand. My first thing will be real trucks. Manual and automatic, no screens, the bed hight maybe at 4.5ft, cab hight at 6.5ft high with 60s styling but modern seat belts and airbags. 15-20K. Crew cab, extended cad and regular cab with 5ft bed being the least amount of bed you can get and 8ft bed being the max. Optional AC, manual seat, window, and locks with the little triangle window, and a bench seat with headrests.
What’s your plan on meeting the backup camera requirement without a screen? You can’t make a truck for $15k that meets all of the modern regulations surrounding safety and fuel economy.
As long as buyers are willing to pay $60-80K for a "luxury" crew cab pickup or a Tesla, automakers are only too happy to charge those prices and rake in the profits. Trucks and SUVs all have higher profit margins than traditional sedans, so of course it's in the best interests of the automakers to push those vehicles over cheaper models. People think they need all of these fancy nanny features that are supposed to keep them safer on the road, when all you need to do is take a $40 defensive driving course and make yourself a better driver. When I was growing up in the 70s, there weren't even FWD cars out yet, but amazingly we all got through the winters in our RWD cars and wagons without any lane keeping assist, blind spot monitoring, adaptive cruise control or anything else on today's cars and trucks that just push up the price. A good driver is the best safety feature in any vehicle.
As someone born in the US, but living and working abroad for decades, this seems so easy to explain. 1. Nobody bought them. Why? Cheap fuel, cheap taxes/tabs/registration/etc, and the ever increasing need to go bigger. That is both something you see far more often in NA, but also results from a sort of arms race when everyone else is driving an overweight land barge. 2. The CAFE system, along with others, all but incentivizes companies to produce large, heavy, expensive vehicles. 3. Greed. Many identical models of car are considerably cheaper to buy in my area right now. For example a Honda Civic 5dr hybrid is around $5500 USD cheaper than it is in the US, as listed by Honda. But this does not include sales tax in the US, so the true price is higher still. (sales/VAT/etc taxes are included in all prices elsewhere) I just find it a bit funny when I see people elsewhere complain that cars are so expensive when they intentionally ignored less expensive cars for decades. Did they not realize this would be the end result? It was clear decades ago. (And used car prices being set by what is functionally a cartel in the US is insane, but that is another topic entirely.)
I bought my 24 SE camry with some upgrades back in the end of December for 27,500 otd. Pretty much the best deal anyone could get... But the new camry 25 SE raised another 2k on msrp.... keep in mind my 8th gen camry been out since 2018. Back then you could've bought a SE for 18-22k otd. It was just a couple years ago 😭
the funny thing is that those giant screens that are "expensive" and "high-tech" are much cheaper to install and produce than analog controls and buttons. Those old school controls we were used to cost a lot to redesign because you need to make new molds and tooling for all the individual components. installing a screen is much easier
Problem is everything in life is becoming more expensive and no one wants to get uncomfortable so they can learn to make more money and so they stay with the same wage do the same things to change yet complain when things around them change.
I disagree with the part about hybrids being undesirable because of their maintenance costs. If you look at the Prius, they remain on the road with the original engine much longer than most vehicles. The batteries are known to last 10+ years, and there are third party replacement options for them. With the gas savings, longer brake pad life, not having to replace things like alternators or starters, a hybrid can save the owner money in the first 10 years of ownership. In terms of owning a car for 20+ years, yeah a traditional ICE would probably be cheaper once all the major components need to be replaced.
And I think the new Camry and Prius are way too expensive, but the base model Corolla Hybrid is under $25K, not too much more than the ICE model. That’s an easy choice for me, plus I love how hybrids drive.
It all coincided with the rise and fall of car influencers on social media, they intentionally shit on cheap cars for views to the point that the car makers took it as "actual feedback" from the car community when its not, and they started making expensive ones with tons of gimmiks.
The vehicles follow the money. The mid-30s and under were usually the crowd that would buy the slower 2 door coupes and small sedans as a first or second car. Older than mid-30s crowd usually has kids + needs something that can haul stuff and people. This lends them to mini-vans or Station Wagons. (If they don’t get a truck) Minivans were all the rage in the 80s-90s, then they were lame, so people bought true SUVs. A true SUV can be a bit rough riding, so they reintroduced Station Wagons again and called them CUVs so people wouldn’t feel lame buying one. My point is, the crowd that can currently obtain enough debt to buy a new vehicle is the over-mid-30s crowd. This crowd always gravitated towards the Minivan/Station Wagon segment. The younger crowd has been losing financial power for decades. This has made catering to them less profitable for the manufacturers and plenty have dropped the market all together. They still make sporty cars, but the expected buyer is older. There’s a reason the 2-door coupe is all but extinct. Older people want 4 doors.
In Germany we still have a few affordable Fords such as the Ford Puma or the Ford Focus (around 30K). But we no longer have any affordable VWs. At least in the sedan range. A comparable model to the Jetta is the VW Passat, which has a starting price of over 40K.
I found the perfect affordable fun car, a Fiesta ST150, now that I can afford it prices have gone up so much! A €3000 one is now €7000 and the trash ones that were €1000 are now €4000 too
Death of the Kia Rio in the US makes me sad. Loved the look and feel of the hatchback. Price of the mirage while having a 10 year warrenty but way nicer. Had to be the ultimate modern cheap car.
The only “cheap” cars are in the used market, it’s a shame that the Corolla went from a $18K car in 2017 to a $23K car not to mention the new Camry is $30K nowadays, which is crazy
The more high tech these cars get, fhe more they bevime more expensive. I hope automakers see this and start making cars without screens and bells and whistles
but ironically, 2 months earlier I inquired the toyota dealer ship in China, a carolla just costs 80k rmb, which is about 11k dollars. The price of foreign cars goes down quickly this year in China because of the progress of Chinese Cars😂
Due to inflation and ecological incentives it's better for manufacturers to focus on more expensive vehicles with higher margins so I wouldn't say that they destroyed cheap cars themselves. I also don't think that hybrids are bad. They are actually pretty good compromise between cost and ecology while maintaining comfort for drivers. Yes, the car is more expensive, but it pays itself off after some time due to lower running costs.
We still have cheap toyotas in middle east they have no tech at all (classic digital radio, non electric seats, cloth seats, no fog lamps, no heated seats, no buttons on steering no traction button and nothing just radio
So right about all the tech, No stripped out motors anymore. Cannot decide what you want, the customer, just packages they want you to sell. In the uk £31000 fir a corolla, I'm a car guy, but falling out of love with car trade.
Suzuki should be selling again in the US, and maybe some Chinese cars too for people who just want a car that works, and they can afford. Also, I'm surprised that Mazda, Nissan, and Subaru have the cheaper options here, because those options certainly aren't the cheaper ones basically anywhere else.
Suzuki and Mitsubishi could make a huge move in the US market. Nobody is really selling basic economy care anymore, they could come in here and blow the scene up. But I know they won’t do that because it’s a massive massive gamble. I miss when Mitsubishi used to make cool cars
The price of a 2008 accord LX was for 21,160, in 2024 that’s worth roughly almost 32,000. Now look at the base price of an LX accord and its roughly 28,000. So a 2008 base model LX accord at its time was more expensive than the 2024 model LX. Just do a little bit more math and honestly it’s fair.
Exactly. People keep saying how insane it is but in a way I think the frustration is a little misplaced. We should be upset at our government for devaluing our dollar and letting inflation get so far out of hand. This is felt across the board in things like housing and food prices - not just cars
@@kclose85 The other half of the problem is the low interest/no interest debt that wall-street was using as an infinite money glitch ever since the 2008 crisis. Happily slurping up a larger and larger percentage of the nation's wealth at the cost of infinitely expanding the monetary supply. Of course, they were more than happy to indulge until Covid came around and halted the eternal growth they require for the free-money glitch to work. Luckily Uncle Sam (read: the taxpayer) was there to bail out the entire stock market once again, but as a result, the fed finally raised rates. Now, those financial loopholes are far less effective, thus we the people get saddled with actual cost of effectively 16 years of rampant inflation all at once, just so that c-suite execs and shareholders can post record profits while supposedly having their hands tied by that same 'inflation'. Yeah, they've been cultivating due to their own lobbying for low rates and loopholes is now something that can't be ignored, but instead of buckling down and running tighter margins, they just use the "inflation" excuse as yet another way for them to achieve even more grossly outsized profits, this time via jacking up prices. Every step of how we got here should have been illegal, but bribery has been legal ever since Citizen's United, so here we are.
Poorer people that were main consumers of cheap cars can't afford new ones anymore. Raising cost of living has priority so they drive old cars longer. Also insurance rates for new cars are a lot larger than they ever were regardless of car size.
You can buy a brand new Mitsubishi Mirage for under $15k. The Camry costs more today than it did 10 years ago, but it also is cheaper to operate and cheaper to insure because it has technology that can stop or minimize some crashes.
Car makers should make a limited trim level for each model naming it "classic" having a car with barely any features and a manual transmission to cut costs as possible BUT sell it for like 67% MSRP of the normal equipped car with lane assists, apple car play, android auto, etc... And I say a limited production since only the fewer people with no money would buy them.
@@AltimaV6SportsCar It will most likely never come because of the amount safety regulations put on manufacturers to sell a brand new vehicle in the US. Plus I’d bet 95% of people wouldn’t want those things removed because most people aren’t into cars, they just want something nice that takes them from point A to point B.
Actually all of them still make affordable cars, its not available in the US market, but those cheap cars are very basic but get the job done. Also cars outside the US are getting pricier tbh
I happened to buy a supra a while back at 19, im about to be 21. Let me tell you, ive been looking for a cheap reliable daily and they want the same price as new! Its ridiculous. Im keeping my supra tho that thing is fun! I love it!
I don't really get your hate for hybrid drivetrains. I've been driving hybrid Toyotas for years and they never gave up on me. Not only they have really low fuel consumption but they are also dirt cheap to maintain, because hardly anything ever breaks.
Dude. I’m ngl. The car market has kept up surprisingly well with inflation. A 2010 Camry se’s msrp was $24,000. The 2025 Camry se’s msrp is $30,000. $24,000 in 2010 has the same buying power as about $35,000 in 2024. This being said, cars are cheaper than they were in 2010 when you take inflation into consideration.
In regards to Jaguar, unless you know already, you have heard anything yet. They actually have plans to relaunch the brand making six-figure models to compete with Rolls-Royce and Bentley. in short, they are revamping the brand to cater exclusively to millionaires and billionaires, because that would be the only people that can afford those cars.
The newest car I have ever bought was a 94 T-Bird back in 95. I think I paid maybe $15,000 back then which was pretty reasonable. Even though I am at a much better point in my life most likely if I were to buy a car now it would have to be around 10 years old before I could afford it or at least willing to pay more than that. It would have to be a Toyota IMHO they are the best cars currently made and keep their value.
Nissan versa kinda fit this build but I heard they are not making them anymore. It sounds nice on paper, a cheap new car under 20k, but with all the compromises people will spend the extra few grand to avoid the headaches and get a better new or used car. Also inflation is another factor to consider. All depends on what you want, you can find newish cars under 30k, hell I heard rumors of the new Kia k4 will be mid 20s.
The reaction to this video is amazing.
Thank you all so much for the support and engagement. New video on the weird, ever growing size of Car Grilles coming soon!
What do you mean "for a mazda," lol? Mazda by consumer reports and car and driver was ranked 3rd for reliability in 2022 and 5th in 2024. It has a better interior and exterior than both the Honda and Toyota and most of their cars are made in Japan. Still overinflated prices, but it's clear you have no idea what you're saying.
Charger scat pack went from $38k to $52k in its life cycle with no changes.
Inflation
@@TYPICALTRYHARD_ I think it had more to do with dealer markup
@@OctaneAndAsphaltEven the MSRP’s went up that much though, that’s pre-dealer cost.
@@TonyTheTruckGuy I should have clarified I think the manufacturer during Covid saw everyone marking up all the Dodge products a crazy amount and people still buying them and said fuck it. We want a piece of the action we’re gonna just start the MSRP higher.
@@OctaneAndAsphalt That's very possible. I'm sure inflation played a factor as well, but wouldn't be surprised at all if they were marking up more than needed.
People hate and shit on affordable cars so much and cry when they actually disappear. I've only heard negative things regarding the Mitsubishi G4/Mirage and the Nissan Versa and they're one of the last affordable cars on the market
I've always loved toyotas from the 90's-early 00's. So I've always had a soft spot for them cheap japanese econoboxes. I own 4 of them: '99 corolla, '02 camry, '05 sentra, & '06 corolla. none of them have given me any problems, and they are all easy to repair & maintain. I don't plan on getting a rid of any of them, so I'll probably drive them for the rest of my life. Which is fine by me. Back in 2009, A friend of mine bought a used '06 versa hatchback 6spd. She let me drive the car for a night, and it was a great little car. I'm pretty sure it's still her daily driver.
Got a Honda Fit.
I'll never buy a cheap car again. Such low quality. Definitely the worse car I ever had. It's was just so unreliable and felt unsubstantiated. They were not good cars. That's why people stopped buying them.
@@baronvonjo1929
I'll drive anything to not have carpayments
My dads workplace has Mitubishi Mirages (SpaceStar in Denmark). It would start shaking when he got up to highway speeds.
@@baronvonjo1929 Very strange, most people I came across said the Honda fit is one of the most reliable and practical car that they ever had in their life. Yes, it's cheap as hell and quality isn't going to be good as a Civic but it makes up for it... by being a cheap eco-box that can be easily maintained for years by doing the bare minimum. Maybe you got a bad deal of a fit...?
Used car prices are over inflated as well.
Because there's no cheap new vehicles. Demand for used cars has increased as a result.
No affordable new vehicles. So when people look at the used market they’re more likely to pay anything for a pos
@@REXae86facts homie paid almost 3k for 1996 ford explorer a 96, almost a 30 year old car which is valued at most 700$ don’t get me wrong it’s actually a good car but it wasn’t worth that much imo. But he was willing to pay that instead of being bled dry over a over inflated car with a even more overinflated car note
It's the automakers 100%. Cheap cars are low margin. They'd much rather sell you a fully decked out SUV for $80k rather than a $20k compact all day. There's no money in cheap cars has nothing to do with demand.
And don’t forget the biggest puppet: Car Dealers
Dealerships look at it this way . A car takes up space and they rather sell a $60,000 car than 4 cars costing $15,000 each and taking up 4 parking spaces on the lot . More price per space the better for dealership.
Unless you're a Chinese Manufacturer.,it's their government's job to give you revolutionary prices which strikes fear to every imperialist.
It's also the customers
People would rather get a loan for an oversized truck than just buy something they can afford, something banks and manufacturers are happy to provide
Gotta keep in mind the rate of inflation. $20,000 in 2010 is equivalent to $28,000 in 2024. The problem isnt car prices, its inadequate wages
That’s the problem a lot of people want to ignore, or they’ll tell you “wages go up so do prices” like fam prices are up REGARDLESS
@@ignorantenlightenment By "wages" they meant c-suite bonuses and shareholder dividends. So yeah, "wages" go up, prices go up.
The real issue is corporate scalping, they overcharge us for everything nowadays, then wages go up and they raise the price of chicken and eggs another 1.90$ when we’re not looking
Only fools explain prices with inflation. I bought 3 new vehicles this year including the new Z car. Truth is the economy works in my favor not yours. But I know what a great car is. Hint it’s never anything American made. American products suck!
@@dontezcristol3017the last gen Mustang has proven itself reliable and is made in the US
corporate greed. plain and simple , they are so full of shit
Agreed!
I mean again you guys didn’t like those compact affordable cars no way
i love compact cars, I bought a 2008 Kia Rio for $3,000 and i've only put $600 into it in the last 2 years, i was looking into selling it soon, however there's no cars out there that even rival that price without said cars having major mechanical issues and that's why they're cheap, i'm stuck with this car until prices either drop or, by a stroke of luck, find another similar vehicle for the same price, which is really unlikely nowadays
I think the government is the problem here, they taxed us but offer no public transport that actually work
Literally this, bro our government spends so much on blowing people up in other countries but can't take care of its own citizens...
They need to add "poverty spec" where it has no screens, analog gauges, seats, and hell, id even say roll up windows.
It would sell like hot cakes in todays market
A screen is actually less expensive to put in than analog gauges and buttons. Manufacturers don't need to do any of the design work or wiring for individual components. Slapping in a tablet and doing everything in software is a cost saving measure that we got gaslit into thinking is premium.
europeans have dacia
poverty spec lamborghini m
Try Dacia Logan it starts at 12,000$
@@alielouafiq2552 dacia isnt legal here
If you want a cheaper car just buy one that is a couple years old. Most cars coming out of lease agreements are in quite good shape. It's ridiculous to buy a new car with all the added fees that are attached to that unless you want to show everyone how much money you have
The cheap cars that are a couple years old are either still expensive, or they used to be fleet cars so they have ridiculous milapeage.
That's how I bought my 2022 Kia Stinger. It was traded in and I got lucky to see it before they had even brought it in for inspection and cleaning. I signed all the paperwork and had to come back in a couple days to drive it home. $8k under sticker price because the guy put 19k miles on it in a little over a year. He was highway commuting to the local shipyard.
I never thought I would buy a new car, but I was in the market for a reliable hybrid vehicle and the used prices were awful, and so were the interest rates.
I ended up getting a new 2024 Corolla Hybrid for under $25K, which was close in price to used models from a few years ago. But I did have to wait a few months to find one without dealership mark ups.
If there are not affordable new cars the used car need will increase, increasing the price there too
Dude, here in Central-Eastern Europe, the list price of a new basic Camry is 45800 USD, gross (51000 USD for the mid spec). Plus maybe another 1000 USD for the paperwork and additional tax atop of VAT. 31000 USD for mid spec would be a pretty reasonable price even here, regardless the fact that the net median monthly wage is exactly 1000 USD.
Well yeah that because japanese cars are not as widespread as in the Usa if you want a cheap new car you can buy a peugeot cutroen renault opel seat all for less or arround 20k euros
From what I've seen, car ownership/usage seems to be orders of magnitude less than in the US. So manufacturers can't rely on 'economies of scale' as much to reduce price while keeping profit, in Europe.
The supra has gone down in price, being $40k in 1993-2002 which is roughly 69-87k today.
But the old supra was more expensive to make, and the new one uses an already existing chassis and engine that toyota didn't pay for researches to create from scratch.
The old Supra was a work of art though. They were so expertly made and tuned. The GR Supra now is really just a sport coupe
@@viceonafridaynightnot to mention it’s made by BMW
@@familyofislamjust the motor
It's not that much 46k to 56k
U forgot to put in the title "In the USA"
Although US market takes the biggest hit here, this trend is certainly also happening on other places. Except maybe just for specific already complacent brands like Toyota & Honda.
You don’t think greed is coming for Europe?
in other countries its actually worse, cheaper car in other countries which is far more inferior than cheapest car in the US also getting more expensive.
@@viceonafridaynight Cars are even more expensive here in germany lol
It’s not that different in Europe. The cheapest new car in the UK is the base model Dacia Sandero at £13,795 but it is very much a city car. In 2017 the Sandero (albeit a previous model based on aged Renault design) started at just £5995.
Funny how people complain that cars are too expensive, and this everything is too expensive, but refuse to buy a sub 20k car. I never see versas or mirages on the road but always see BMWs and muscle cars everywhere.
Civic Type R went up almost double in price between gen 10 and 11 and it's exactly the same car
And in my opinion the 10th generation looks better
they are about the same price and theyre different
@@ralzvy I paid 32k€ for my FK8 in 2020 and the new one is over 50k€.
They have essentially the same specs. I don't see how they're different
Cheap cars still exist they just don't sell them in the US cause most of them will definitely not pass crash test regulations in the US or just regulations in itself
They need to roll back certain regulations
@@firefly9838 with the big axx trucks and high top speeds in highways most of those cars would not keep up not to mention most of them are very basic and wouldn't fare well to American needs
FULL STOP. The cars didn't get expensive, the money became WORTH LESS.
1:06 That caught me off guard, that Gen Mazda6 is a 10/10 for looks to me 🤯
I nearly bought one a year ago they’re alright looking cars the headlights are just horrible in my opinion though
A 1992 Toyota Supra turbo was $41k CAD. A 1993 Toyota Supra Turbo was $60k CAD
3:11 funny thing is the same automakers have said that screens are cheaper than gauges and buttons.
I agreed with your points until the end. The problem with cars isn’t just the tech, it’s the size, complexity, and greed of the company. Today’s corollas are the same or larger than Camrys from the 2000’s. Americans are unique in that everyone HAS to own a car, and that it tends to be a reflection of their social status. Nobody wants a cheap car, so anything nice is inflated. Fierce competition also drives up prices as cars are packed with more complex machinery. As for what I don’t agree with, I don’t agree that emissions restrictions are dumb. The US leads the way in gigantic, archaic, fuel guzzling cars. I love them too, but as a society, we can’t have them in large quantities, and not forever. Most other countries (even Japan with famous sports cars under its belt) has emissions restrictions and favor more economical cars. I think a large engine tax instead of a ban is more logical. The pollution and noise that cars make isn’t an indisputable fact of life, it’s a product of how we choose to transport ourselves. Whether it be hybrid, electric, hydrogen, or some other type of drivetrain, we will at some point be forced to widely transition to cleaner vehicles for our health and the environment.
Safety regulations and fuel economy standards are mostly to blame for inflation of size.
Subprime mortgages are now called car loans. My first car loan was 7% interest on 48 months, that was a bad loan in 2008
And nearly no more manual transmissions anymore. Instead, you get CVT with rubber band from someone’s underwear instead of the gearbox.
Sad but true, I'm very fortunate to have found a '99 corolla 5spd. And it only had 173k mi. for sale by it's original owner. It was well take cared for, but I still changed all the fluids, and gave it a major tune up. I'm going to keep that old whip until I can't drive any longer. The A/C still works, and that's luxury enough for me.
Because that shit CVT needs maintainance and some repairs in its life span, with a manual gearbox changing the oil is optional maybe a clutch change over 300.000 km.
mazda and VW and toyota corrola still offer “stripper” models with manuals but they have to be special ordered
I own a 21 Civic Sport touring, it has the CVT which made me initially nervous, but I learned that Honda makes some of the best, and are built to last unlike Nissan
@@viceonafridaynight is a CVT more reliable than a DCT transmission ?
That’s why I love my 2012 Mazda 3 skyactiv. No sensors, no screens and no extras in between it just has a little old school clock display that says zoom-zoom when starting the car and it’s always smiling
And “goodbye” 😢
I have a 2008 mazda 3 and love that thing to death, I would love to buy a newer mazda 3 but they are so much, it's so annoying
Love your old school format with the funny pics and voiceover.
Used market is where its at honestly. Buying cars straight out of the dealership is suicidal
A large reason for this can be found at the buyers themselves. A car without AC? This has to be standard. A car without big screen to not only listen, but watch the radio? Ehm, nope. Electric seat adjustment, automatic tailgate, auto-dimming, follow-me-home-lights? Well, I take it! This all led to the prices we now have, and further to horrendous repair costs for all the sensors in the front bumper when having a minor accident. So what's the whining all about?
A car without ac is to much cost cutting can't live without it in 50 degree Celsius or 120 degree Fahrenheit.Yes I can live without some options like Rain sensor, Retractable mirrors,power windows,power staring,radar,adaptive cruise (full waste if you rely to much on car rather than your own driving skills) electric seats, fog lamps, Heads-up display and digital mid etc .
IMO for me standard features for modern cars should just be: AC, electric windows, central locking, basic cruise control, auto dim rear mirror, auto headlight, heated mirror, backup camera, and good responsive touchscreen with Apple CarPlay and Android Auto (yes at least just this one, no jeed for built in GPS or games in the car). We don't need lane keep assist, 360 camera, auto cruise control, semi autonomous self driving, heated seat and steering (at least on certain climate dont really need this), auto start/stop, keyless start, retractable door handle, fancy led matrix headlight, and putting fake leather or alcantara everywhere. We ended up actually putting luxury features on supposed to be everyday economy car.
I think some new things should be standard but not too much. For screen, having just Android Auto and CarPlay is more than enough since its what most will car anyways. Screens don't need to be too big either at least at base model, but touch responsiveness is a must still. Also we need more physical controls, less touch based interface which is horrible for driving.
Dashboard is something I'm not sure. If traditional gagues is cheaper, then that what is should be for base. But if LCD is actually cheaper since its literally just an LCD with basic electronics, that might be more simple than more complicated gagues.
@@kornkernel2232 '80's and early '90's cars were the best. Zero driving assists except for the occasional ABS and automatic transmission. Next to no electronics, mostly a single computer and very simple wiring. Very responsive engines due to mechanical throttling. Extremely easy to maintain, even for laypeople. Nothing turns on unless you want it to.
I think the commenters above are reinforcing your point. Is it that hard to wind a bloody window down?
I'm Australian, and looking at buying my kid's first car. (My mates and I virtually all destroyed our first cars - either literally - or with mods that destroyed engines or were stupid and added negative value in practice to the car). I went to an Auction site for Repo'd cars looking for value, clicked the wrong button and went to the page where insurance companies sell the vehicles they've written off. Fuck me. So many written off cars have damage to only the rear, or a quarter, and from 3 sides they look brand new. But the damage has let water into the electronics, and by the time you add up all the electric motors and sensors, ECU's and Semiconductors, these things are not worth repairing before you add a cent for Labour or new panels.
As young men, we'd have bought these 3 year old write-offs with 20,000 kms on the clock, and thrown their engines in our 15 year old bangers. But you can't do that today. A 3 year old Mazda's engine sensors send different massages to its ECU than a 10 year old Mazda's, even tho you think they're the same thing. And that ECU sends different messages to the Dash Screen, meaning it won't work either. So unless your building a track only Frankenstein or a Dune buggy, replacing engines and transmissions from different years is a nightmare.
As a teenager I changed engines, transmissions, clutches and brakes. But none of that is user serviceable anymore without voiding warranties, or more importantly, your insurance. And it's a million times more complicated than it used to be. I was an absolute amateur at wrenching, but there was still a lot I'd take on.
@GreatExpectations - I'm only 50, but when I was a kid, cars didn't have A/C, and we'd drive hours to holiday spots when it was 50C/120F. A wet towel in a closed rear door with the window down is fine for A/C when you're not worried about buggering up any electronics in the door. Hot air blows thru the wet towel and cools right down.
@@tsubadaikhan6332 Yeah I can agree with u on this point when my mother was in college in 1992 to 1994 her father owned a car which came with no ac and seat belts .In 1990s ac wasn't a standard in hatchbacks till 2000 so these kinds of things which seem normal nowadays were considered luxury at that time.No local buses before 2000 come with ac.Talking about no ac the last time I travelled without ac in a car which existed in our house was from 2022.
The thing is about the tech argument is that it isn't even entirely true. Replacing everything with LCD and touch screens saves manufacturers a buttload over the old analog options. The issue is the perception of screens vs dials and buttons, and how manufacturers trick consumers into thinking that it is important to have a mini tv screen slapped into their center console. We are getting to the point now the screens are so large they went from mini horizontal displays to giant vertical ones that are taller than the steering wheel. Getting into a 2010 Honda with buttons and dials makes you feel like you are in a junky old car, a relic from a bygone era where in order to turn the ac temp up and the volume down, you would simply reach over and turn a dial clockwise or counter clockwise. Now, at the repeated press of a button, you can navigate from your car's built in map over to audio settings, and then down to volume options and either slide or hold an on screen button to adjust as needed, and then you simply flick over to the climate tab and do the same for your preferred temp setting. Not only is it unsafe, unintuitive, and many times the cause of headaches in repair, but it is literally a cheaper option for manufacturers, all while being able to claim it is a luxury feature while they explain away the fact that the 2010 Honda cost nearly 10 grand less than its modern counterpart, and will likely be on the load twice as long without major issues. In the modern world of "daily driving" vehicles, you are laughed at if you ask for less, both in price and "features". If I wanted to look up directions, I have a device in my pocket that can do the exact same things these cars have built into them, and if I needed my car to tell me these directions, why wouldn't I just spend $2 on an audio cable to run from my car to my phone to let me?
I haven't bought a new car in nearly a decade so I can't say personally why somebody would want one of these new vehicles, since sadly I haven't had a 20 year old in a polo shirt and khakis ride around with me in one to tell me how great they are. I genuinely feel bad thinking about all the first time car buyers looking to bury themselves in debt, some so they can "keep up with the Joneses", but others because we in a modern world where there are more options for cars, trims, packages, and features, but less options for affordability, practicality, and reliability in many cases.
its stupid how if a new car doesnt have this kind of feature other cars have, its considered bad. all of these affordable and smaller cars are gone since americans think suvs and trucks are superior to sedans, hatchbacks, and wagons.
Bought a 2007 Subaru Legacy last year. It was peaked out for options at the time. And its enough. It's a nice driving experience. I like driving, I don't need to operate a living room with all its creature comforts. That's not luxury to me, it's distracting boredom. I get in that car every day and think "This is it, the 2000's is where we actually peaked on safety, tech, and design."
it's 2003, the volkswagen beetle stopped production due to emissions, that's what happened to afoordable cars
I wish brands would continue making older models and selling them as affordable options, if I could buy a brand new 2005 car today without the modern technology that would be so cool.
Idiots kept buying cars at inflated prices with 10 year loans and helped normalize the pricing. It’s never going down thanks to those people.
Better off buying a certified pre-owned car anyways, at which point the prices of many Accords, Camrys, etc come down to well under $30k and often have a longer warranty compared to buying brand new
Combine the market being flooded with “stimulus” cash and the banks severely loosening their lending requirements and you get the mess we’re in presently.
You can only charge what people are willing to pay, but people stopped caring about the actual prices a long time ago… all they care about is how much they can get approved for.
I work as a mechanic at a dealership. The bar’s been lowered so far that even large dealers like mine will carry 11 year old vehicles and secure loans @ 30% interest for them. And on the opposite end of the spectrum banks will loan someone with a 35k annual income equivalent to 100k for a wrangler
$20K in 2010 is $40k in 2024, people vote for it, so, it is what it is.
Stop buying new cars over $30k and you will see cheaper vehicles showing up, but average US buyer is dropping $47k to buy a new vehicle, driving the biggest and the worst financial situation to the average consumer, repos are breaking records since people can`t make their payments.
imagine how nice EV's could be if they were just car, but electric. they don't need to be a goddamn spaceship
Back when I was in college, the most common car I saw was the Nissan Versa
I believe it starts at around $18k for the manual version.
My dad bought me my 2008 pontiac g5 (basically a chevy cobalt coupe) as my first car from my aunt for only $900 back in 2019. Best car in the world. It's Super reliable, fairly peppy, only 1 button on my steering wheel (just to check mileage and coolant temp), nice midnight metallic blue color, konig control rims, and Bluetooth with a nice sound system. Plus i can say my car is part corvette because GM used the same steering wheel found in the c6 corvette. Im keeping it until the crash do us part.
The used car prices are so insane. Im looking for an old beater truck to haul my welding stuff around and people are asking for 10k on their 90s ford ranger with almost. 300k miles. Im just gonna put a tow hitch and a roof rack on my g5.
Being an owner a of new Camry this video hits home. But I will say the two main problems are people who can’t even afford these cars still willingly paying, and secondly people just suck at negotiating and walking away from a bad deal.
I was at the dealer for 7 hours and I got roughly $4k knock off my Camry plus my trade in was valued over the original purchase price. I told the sales manager I’m buying a Camry not a dodge viper, I’m not paying a stupid amount for a Toyota lol.
Another thing that needs people’s attention is how bad paint is on new vehicles. It’s an issue because small chips get down to steel and can rust. It’s not gonna spread like it does up north with salt, but regardless a new vehicle get rust spots is ridiculous.
You reviewed it perfectly why we can’t afford cars
Inflation is a bitch when the general buying power of the public has been stagnant. The math suggests that cars are around the same relative value of their past selves while offering several times more capability. The world is experiencing a slow speed recession big time.
Hylics Soundtrack in the background goes hard 🌊
Cheapest you get in Portugal from volkswagen is their pollo version costing 26 thousand when the average yearly salary is 25 thousand.
why buy new when you can wait and get a 80% discount in 4 years...
That would be in condition of devaluation of currency or discontinuation of car by the brand who manufactures it.
Why still pay over $10K for a car when there's hundreds of thousands of cars below $3K for sale across the whole continent?
@@OldSchoolZ-wy2yx You mean used cars can be bought for 3000 dollars.
Because in those 4 years the car will be 70K miles more beat up and honestly not even worth the 80 percent discount
@@LeroyLegacy Exactly my point on this topic that if you get 80 % of discount after 4 years the car wouldn't be in good condition meaning it would've ran for 50,000 km or more and some touch ups on the body.
here in south america (mercosur) a lot of brands like volkswagen and peugeot actually offer low end trims without any screens on their cheapest models
There is a law in the US requiring automakers to have backup cameras in all new vehicles since 2017. It is literally illegal to sell a new car without a screen here.
You got one thing wrong in this video.
The screens that control most things are actually LESS expensive than making all the knobs, buttons and features.
It's easier and cheaper to just put it on a big tablet than to put all that time and work into designing a console and building them.
Cars are getting more expensive, even though they are getting cheaper and cheaper to make...
It's not only emissions, it's the safety regulations getting stricter and stricter, look at cars in the 90s! They didn't even have an air bag on the wheel! You would be impaled at any comission!
Idk how but I kinda wanna start a car brand. My first thing will be real trucks. Manual and automatic, no screens, the bed hight maybe at 4.5ft, cab hight at 6.5ft high with 60s styling but modern seat belts and airbags. 15-20K. Crew cab, extended cad and regular cab with 5ft bed being the least amount of bed you can get and 8ft bed being the max. Optional AC, manual seat, window, and locks with the little triangle window, and a bench seat with headrests.
What’s your plan on meeting the backup camera requirement without a screen? You can’t make a truck for $15k that meets all of the modern regulations surrounding safety and fuel economy.
@@vezonf3nrakthat the problem modern safety laws and emission. It will balance itself but the transition sucks right now
As long as buyers are willing to pay $60-80K for a "luxury" crew cab pickup or a Tesla, automakers are only too happy to charge those prices and rake in the profits. Trucks and SUVs all have higher profit margins than traditional sedans, so of course it's in the best interests of the automakers to push those vehicles over cheaper models. People think they need all of these fancy nanny features that are supposed to keep them safer on the road, when all you need to do is take a $40 defensive driving course and make yourself a better driver. When I was growing up in the 70s, there weren't even FWD cars out yet, but amazingly we all got through the winters in our RWD cars and wagons without any lane keeping assist, blind spot monitoring, adaptive cruise control or anything else on today's cars and trucks that just push up the price. A good driver is the best safety feature in any vehicle.
As someone born in the US, but living and working abroad for decades, this seems so easy to explain.
1. Nobody bought them. Why? Cheap fuel, cheap taxes/tabs/registration/etc, and the ever increasing need to go bigger. That is both something you see far more often in NA, but also results from a sort of arms race when everyone else is driving an overweight land barge.
2. The CAFE system, along with others, all but incentivizes companies to produce large, heavy, expensive vehicles.
3. Greed. Many identical models of car are considerably cheaper to buy in my area right now. For example a Honda Civic 5dr hybrid is around $5500 USD cheaper than it is in the US, as listed by Honda. But this does not include sales tax in the US, so the true price is higher still. (sales/VAT/etc taxes are included in all prices elsewhere)
I just find it a bit funny when I see people elsewhere complain that cars are so expensive when they intentionally ignored less expensive cars for decades. Did they not realize this would be the end result? It was clear decades ago.
(And used car prices being set by what is functionally a cartel in the US is insane, but that is another topic entirely.)
Europe seems pretty nice this time of year
Less cars sold = better for the environment 🌎
I bought my 24 SE camry with some upgrades back in the end of December for 27,500 otd. Pretty much the best deal anyone could get... But the new camry 25 SE raised another 2k on msrp.... keep in mind my 8th gen camry been out since 2018. Back then you could've bought a SE for 18-22k otd. It was just a couple years ago 😭
the funny thing is that those giant screens that are "expensive" and "high-tech" are much cheaper to install and produce than analog controls and buttons. Those old school controls we were used to cost a lot to redesign because you need to make new molds and tooling for all the individual components. installing a screen is much easier
Bro , did you account for inflation?
Problem is everything in life is becoming more expensive and no one wants to get uncomfortable so they can learn to make more money and so they stay with the same wage do the same things to change yet complain when things around them change.
I disagree with the part about hybrids being undesirable because of their maintenance costs. If you look at the Prius, they remain on the road with the original engine much longer than most vehicles. The batteries are known to last 10+ years, and there are third party replacement options for them. With the gas savings, longer brake pad life, not having to replace things like alternators or starters, a hybrid can save the owner money in the first 10 years of ownership. In terms of owning a car for 20+ years, yeah a traditional ICE would probably be cheaper once all the major components need to be replaced.
And I think the new Camry and Prius are way too expensive, but the base model Corolla Hybrid is under $25K, not too much more than the ICE model. That’s an easy choice for me, plus I love how hybrids drive.
When I was a kid Corvette costs 30,000 dollars. And now camry. 😂😂😂
Well how much did people make on average back then?
Bro this is nothing compared to cars in India. Here a Toyota Fortuner cost 59,500 dollars.
that compares to the us competitor.
It all coincided with the rise and fall of car influencers on social media, they intentionally shit on cheap cars for views to the point that the car makers took it as "actual feedback" from the car community when its not, and they started making expensive ones with tons of gimmiks.
The vehicles follow the money. The mid-30s and under were usually the crowd that would buy the slower 2 door coupes and small sedans as a first or second car.
Older than mid-30s crowd usually has kids + needs something that can haul stuff and people. This lends them to mini-vans or Station Wagons. (If they don’t get a truck)
Minivans were all the rage in the 80s-90s, then they were lame, so people bought true SUVs. A true SUV can be a bit rough riding, so they reintroduced Station Wagons again and called them CUVs so people wouldn’t feel lame buying one.
My point is, the crowd that can currently obtain enough debt to buy a new vehicle is the over-mid-30s crowd. This crowd always gravitated towards the Minivan/Station Wagon segment. The younger crowd has been losing financial power for decades. This has made catering to them less profitable for the manufacturers and plenty have dropped the market all together.
They still make sporty cars, but the expected buyer is older. There’s a reason the 2-door coupe is all but extinct. Older people want 4 doors.
In Germany we still have a few affordable Fords such as the Ford Puma or the Ford Focus (around 30K). But we no longer have any affordable VWs. At least in the sedan range. A comparable model to the Jetta is the VW Passat, which has a starting price of over 40K.
Here in the UK they're considered semi-premium.
I found the perfect affordable fun car, a Fiesta ST150, now that I can afford it prices have gone up so much! A €3000 one is now €7000 and the trash ones that were €1000 are now €4000 too
Death of the Kia Rio in the US makes me sad. Loved the look and feel of the hatchback. Price of the mirage while having a 10 year warrenty but way nicer. Had to be the ultimate modern cheap car.
The only “cheap” cars are in the used market, it’s a shame that the Corolla went from a $18K car in 2017 to a $23K car not to mention the new Camry is $30K nowadays, which is crazy
Toyota has gotten too stingy, but their downfall is happening in real time, trucks failing the corollas catching on fire.
Toyota got complacency to blame and the bean counters got more power
The more high tech these cars get, fhe more they bevime more expensive. I hope automakers see this and start making cars without screens and bells and whistles
I decided to buy a high-end BMW because it's the same price as a Toyota Tacoma. The 2 vehicles are worlds apart.
but ironically, 2 months earlier I inquired the toyota dealer ship in China, a carolla just costs 80k rmb, which is about 11k dollars. The price of foreign cars goes down quickly this year in China because of the progress of Chinese Cars😂
The safety of it isn't the same as the American or European version though
@@My_Old_YT_Account Yeah I know that, so most of us starts to buy Chinese cars, they are cheap and not very bad
Due to inflation and ecological incentives it's better for manufacturers to focus on more expensive vehicles with higher margins so I wouldn't say that they destroyed cheap cars themselves. I also don't think that hybrids are bad. They are actually pretty good compromise between cost and ecology while maintaining comfort for drivers. Yes, the car is more expensive, but it pays itself off after some time due to lower running costs.
If you think that's crazy, F150 trucks (owners typically don't haul anything) are reaching $100k.
where i live the cheapest new car is a dacia sandero for 12.5k
We still have cheap toyotas in middle east they have no tech at all (classic digital radio, non electric seats, cloth seats, no fog lamps, no heated seats, no buttons on steering no traction button and nothing just radio
So right about all the tech,
No stripped out motors anymore.
Cannot decide what you want, the customer, just packages they want you to sell.
In the uk £31000 fir a corolla,
I'm a car guy, but falling out of love with car trade.
Honestly, we all just consume WAY too much
And most of it goes to waste
Less resources = higher prices for everyone
Suzuki should be selling again in the US, and maybe some Chinese cars too for people who just want a car that works, and they can afford. Also, I'm surprised that Mazda, Nissan, and Subaru have the cheaper options here, because those options certainly aren't the cheaper ones basically anywhere else.
Suzuki and Mitsubishi could make a huge move in the US market. Nobody is really selling basic economy care anymore, they could come in here and blow the scene up. But I know they won’t do that because it’s a massive massive gamble. I miss when Mitsubishi used to make cool cars
Daihatsu used to be world wide too
@@clarksonoceallachain8536 oh yeah almost forgot about Daihatsu.
Thats why i tell ppl to buy a base model car because you don't need all the extra bs, just the essentials!
The price of a 2008 accord LX was for 21,160, in 2024 that’s worth roughly almost 32,000. Now look at the base price of an LX accord and its roughly 28,000. So a 2008 base model LX accord at its time was more expensive than the 2024 model LX. Just do a little bit more math and honestly it’s fair.
Exactly. People keep saying how insane it is but in a way I think the frustration is a little misplaced. We should be upset at our government for devaluing our dollar and letting inflation get so far out of hand. This is felt across the board in things like housing and food prices - not just cars
@@kclose85thank you
@@kclose85 The other half of the problem is the low interest/no interest debt that wall-street was using as an infinite money glitch ever since the 2008 crisis. Happily slurping up a larger and larger percentage of the nation's wealth at the cost of infinitely expanding the monetary supply. Of course, they were more than happy to indulge until Covid came around and halted the eternal growth they require for the free-money glitch to work. Luckily Uncle Sam (read: the taxpayer) was there to bail out the entire stock market once again, but as a result, the fed finally raised rates.
Now, those financial loopholes are far less effective, thus we the people get saddled with actual cost of effectively 16 years of rampant inflation all at once, just so that c-suite execs and shareholders can post record profits while supposedly having their hands tied by that same 'inflation'. Yeah, they've been cultivating due to their own lobbying for low rates and loopholes is now something that can't be ignored, but instead of buckling down and running tighter margins, they just use the "inflation" excuse as yet another way for them to achieve even more grossly outsized profits, this time via jacking up prices.
Every step of how we got here should have been illegal, but bribery has been legal ever since Citizen's United, so here we are.
@@kclose85That plus the fact companies love stagnate wages. For a lot of people raises (if they get any) don't keep with inflation.
This is a very intelligent thread.
Prices in europe for the same car multiple by two.
Poorer people that were main consumers of cheap cars can't afford new ones anymore. Raising cost of living has priority so they drive old cars longer. Also insurance rates for new cars are a lot larger than they ever were regardless of car size.
I wish cars had the same new comfort tech but without increasing price
You can buy a brand new Mitsubishi Mirage for under $15k. The Camry costs more today than it did 10 years ago, but it also is cheaper to operate and cheaper to insure because it has technology that can stop or minimize some crashes.
If you think you're paying to much you should look at the European car prices
I don’t see why Dodge, BMW, and Mercedes can’t make “Anniversary Editions” imagine an E46 OVERHAULED (not redesigned) for 2024???
They're saving it for the Chinese Car Invasion of Europe.
Car makers should make a limited trim level for each model naming it "classic" having a car with barely any features and a manual transmission to cut costs as possible BUT sell it for like 67% MSRP of the normal equipped car with lane assists, apple car play, android auto, etc...
And I say a limited production since only the fewer people with no money would buy them.
@@AltimaV6SportsCar It will most likely never come because of the amount safety regulations put on manufacturers to sell a brand new vehicle in the US. Plus I’d bet 95% of people wouldn’t want those things removed because most people aren’t into cars, they just want something nice that takes them from point A to point B.
Because they're sold to people who want unbridled price gouging.
Guess what... they GOT IT.
Actually all of them still make affordable cars, its not available in the US market, but those cheap cars are very basic but get the job done. Also cars outside the US are getting pricier tbh
We live in fallout 4's level of inflation, and they were in 2077 in a resource war!
The issue is the manufacturers are skyrocketing prices and people didn’t stop buying. Toyota and Honda are still selling well despite the crazy prices
I happened to buy a supra a while back at 19, im about to be 21. Let me tell you, ive been looking for a cheap reliable daily and they want the same price as new! Its ridiculous. Im keeping my supra tho that thing is fun! I love it!
Remembwr that people these days don't want to drive a "poor man's car". This is one of the factors that makes the econoboxes disappear
yeah man it's not just the expenssive tech also inflation and i am sure the prices will only go up and up
I don't mind a bit more expensive sedans, hybrids as long as they stop making this many suvs and trucks
What you are experiencing is called inflation. 20k in 2010 is worth almost 29k now
I don't really get your hate for hybrid drivetrains. I've been driving hybrid Toyotas for years and they never gave up on me. Not only they have really low fuel consumption but they are also dirt cheap to maintain, because hardly anything ever breaks.
Dude. I’m ngl. The car market has kept up surprisingly well with inflation. A 2010 Camry se’s msrp was $24,000. The 2025 Camry se’s msrp is $30,000. $24,000 in 2010 has the same buying power as about $35,000 in 2024. This being said, cars are cheaper than they were in 2010 when you take inflation into consideration.
In regards to Jaguar, unless you know already, you have heard anything yet. They actually have plans to relaunch the brand making six-figure models to compete with Rolls-Royce and Bentley. in short, they are revamping the brand to cater exclusively to millionaires and billionaires, because that would be the only people that can afford those cars.
Wish them luck, because they are going to need it.
The newest car I have ever bought was a 94 T-Bird back in 95. I think I paid maybe $15,000 back then which was pretty reasonable. Even though I am at a much better point in my life most likely if I were to buy a car now it would have to be around 10 years old before I could afford it or at least willing to pay more than that. It would have to be a Toyota IMHO they are the best cars currently made and keep their value.
Nissan versa kinda fit this build but I heard they are not making them anymore. It sounds nice on paper, a cheap new car under 20k, but with all the compromises people will spend the extra few grand to avoid the headaches and get a better new or used car. Also inflation is another factor to consider. All depends on what you want, you can find newish cars under 30k, hell I heard rumors of the new Kia k4 will be mid 20s.