- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Is There Room For A New Car Company Today?
Posted on 11/22/19 at 7:47 am
Posted on 11/22/19 at 7:47 am
The local morning news just kicked over to the CBS Morning Show and they ran a story on the cost of new cars and trucks going up, up, up. Up 38% compared to ten years ago. $50,000 price tags and more. Loans stretched out to 8 and 9 years.
They blame the bells and whistles loaded with sensors, cameras, video screens, etc.
Do y'all think there's room for a new car company that could make cars at reasonable price?
This post was edited on 11/22/19 at 7:49 am
17
Posted on 11/22/19 at 7:49 am to Mizz-SEC
Would cost a fortune to be a startup in making vehicles today. Would be more likely for another Kia/Hyundai to invade the US market than a startup.
Posted on 11/22/19 at 7:50 am to Mizz-SEC
quote:
Do y'all think there's room for a new car company that could make cars at reasonable price?
Sure, there might be a market for them, but the capital required to effectively bring enough vehicles to consumers is so incredible that I don't see it happening.
Posted on 11/22/19 at 7:50 am to Mizz-SEC
Yep
More than ever
More than ever
Posted on 11/22/19 at 7:51 am to Mizz-SEC
There's supposed to be some chinese automaker that will start selling cars in the US.
Posted on 11/22/19 at 7:51 am to Mizz-SEC
quote:
They blame the bells and whistles loaded with sensors, cameras, video screens, etc.
This isn’t the reason
cheap loans are the reason prices have skyrocketed. If financing is available, prices will continue to rise. Much like the cost of education
Posted on 11/22/19 at 7:51 am to Mizz-SEC
Tesla came in not that long ago. Half the OT actively roots against them for some reason though
Posted on 11/22/19 at 7:54 am to Mizz-SEC
it's expensive because the current car makers have lobbied for regulations that make it nearly impossible to start up and compete.
the price of cars can be traced directly back to government intervention in the "free market" we all run around believing we have
the price of cars can be traced directly back to government intervention in the "free market" we all run around believing we have
Posted on 11/22/19 at 7:57 am to DCtiger1
quote:
This isn’t the reason cheap loans are the reason prices have skyrocketed. If financing is available, prices will continue to rise.
Much like the cost of education
+1
Posted on 11/22/19 at 7:59 am to Mizz-SEC
What do you think Tesla et all are?
With all the regulations and other bullshite involved, any new producer would need to be making expensive cars to fill a niche because they can’t compete on low price against everyone who has much larger scale productions.
With all the regulations and other bullshite involved, any new producer would need to be making expensive cars to fill a niche because they can’t compete on low price against everyone who has much larger scale productions.
Posted on 11/22/19 at 8:28 am to kywildcatfanone
The US government may not allow that to happen. That’s why genesis is a brand of Hyundai in the US but no where else in the world.
It may have to be a startup
It may have to be a startup
Posted on 11/22/19 at 8:30 am to TheFlyingTiger
quote:
it's expensive because the current car makers have lobbied for regulations that make it nearly impossible to start up and compete.
the price of cars can be traced directly back to government intervention in the "free market" we all run around believing we have
This! The type 1 VW Beatle was still being sold new in other countries this century. Regulations and cheap financing as drove the prices up.
This post was edited on 11/22/19 at 8:34 am
Posted on 11/22/19 at 8:35 am to Mizz-SEC
.jpg)
Posted on 11/22/19 at 8:37 am to cssamerican
quote:
cheap financing as drove the prices up.
Too many people looking at the monthly bill and not looking at the term or price tag.
Posted on 11/22/19 at 8:41 am to Mizz-SEC
I’d be interested if a car company would be highly successful if it built basic, high quality cars that sell for under 20k.
No bells, whistles, you get cloth seats, stereo, power windows and locks, AC/Heater. But the car rides good, good gas mileage and lasts 200k plus miles with few issues
No bells, whistles, you get cloth seats, stereo, power windows and locks, AC/Heater. But the car rides good, good gas mileage and lasts 200k plus miles with few issues
Posted on 11/22/19 at 8:48 am to deltaland
quote:
I’d be interested if a car company would be highly successful if it built basic, high quality cars that sell for under 20k.
No bells, whistles, you get cloth seats, stereo, power windows and locks, AC/Heater. But the car rides good, good gas mileage and lasts 200k plus miles with few issues
toyota and honda have you covered then
Posted on 11/22/19 at 8:51 am to Mizz-SEC
That was Saturn. Look where they are now.
Posted on 11/22/19 at 8:56 am to Mizz-SEC
Zotye will likely look to fill this void.
This post was edited on 11/22/19 at 9:05 am
Posted on 11/22/19 at 9:02 am to CaptainsWafer
quote:And Saturn was a GM experiment.
That was Saturn. Look where they are now.
Posted on 11/22/19 at 9:03 am to DCtiger1
quote:
This isn’t the reason cheap loans are the reason prices have skyrocketed. If financing is available, prices will continue to rise.
Much like the cost of education
and Unions
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News