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by gabruoy 718 days ago
A big problem with the idea that “people don’t want small cars” is that that sort of statement comes from the car manufacturer looking at new car sales. People who want large trucks and SUVs are willing to buy new. People who want a small car have the option to buy a new 2024 Honda Civic, or they could spend significantly less to get a used Honda Civic (in normal economic conditions). Since the manufacturer only profits of of new cars, they have little incentive to sell any cheap or small cars since they compete so heavily against last year’s model at the used car lot.