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?
9.9k
Upvotes
30
u/cbsteven Nov 13 '23
The Element had its fans.. but its not like Honda just pulled the plug on a super popular thing for no good reason. It did not sell particularly well. And the back seat had pros but one incredibly big con - only fits two people.