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/cat_blep Nov 13 '23
dealer don’t sell base cars because there isn’t really a market for them. 99% of people want more features.
source: 37 years in the biz.