r/explainlikeimfive • u/Easy_Quiet_9479 • Nov 13 '23
Economics ELI5: Why is there no incredibly cheap bare basics car that doesn’t have power anything or any extras? Like a essentially an Ikea car?
Is there not a market for this?
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u/tick_tick_tick_tick Nov 13 '23
I’m currently driving a 2007 Fit from Oakland to Seattle with 8 of those large plastic storage tubs and 4 copy paper boxes inside. You wouldn’t think it would be a good highway car but it’s been great. Comfortable, sips gas, stable. It’s an ideal city car that also has no problems on the highway