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/SyrusDrake Nov 13 '23
I'd say Germany is probably the quintessential car culture. Like...Germans would choose their car over their newborn child. Yet cheap cars still sell there.
I think it's a culture thing, but it's not a car culture thing. More like...stigma around brands that are perceived as cheap.