[ro_dreaming]

drypowder wrote:
If Ford, GM, Dodge/Chrystler and the rest want to sell more vehicles, they need to lower the prices by about half. What blue collar working person can afford $40,000 to $70,000 for a damned vehicle? Henry Ford made it a point to make his vehicles affordable for those who made them and for most others in society. What ever happened to that concept?

I remember in 1993, I bought a Chevy S10 (5 speed!) for $14,000. yup, that’s it.

In 2007 I bought a GMC Canyon (basicaly, the S10 equivalent) for $21,000.

No maker is targeting the $15,000-20,000 range, which is why so many “millennial” are forgoing ownership for Uber/Lyft.

(BTW, I do own a F150 FX4 now, plus an older model Lexus, and even an older model Dodge Neon (5-speed)).

[mewzilla]

No maker is targeting inexpensive vehicles because the margins suck.

[central_va]

You have to adjust for inflation.

Converted amount ($14,000 base) = $24,758.98

[NorthMountain]

I remember in 1993, I bought a Chevy S10 (5 speed!) for $14,000. yup, that’s it. In 2007 I bought a GMC Canyon (basicaly, the S10 equivalent) for $21,000.

According to https://www.usinflationcalculator.com/ your $14000 in 1993 was worth $20,088 in 2007. You see how the government has been cheating you by devaluing the US Dollar.

[EVO X]

What blue collar working person can afford $40,000 to $70,000 for a damned vehicle?

They get to drive if off the lot by taking out 6 and 7 year loans.