Another point: for equivalent models. Car manufacturers over the past two decades have been dropping the more affordable sedans and such from their lineups, favouring their more expensive SUVs.
Out of all the brands you picked the one that actually has cheap models. A rio starts at 17k and a soul at 20k. Most of its vehicles, including SUVs are sub 40k
Probably a mix of things. People are more desperate and cars have been artificially inflated in value. A fucking new kia is 40+k today
Adjusted to inflation they’ve basically kept up on price for the equivalent model, but income hasn’t followed inflation…
Another point: for equivalent models. Car manufacturers over the past two decades have been dropping the more affordable sedans and such from their lineups, favouring their more expensive SUVs.
Out of all the brands you picked the one that actually has cheap models. A rio starts at 17k and a soul at 20k. Most of its vehicles, including SUVs are sub 40k
You’re not going to be able to find base models these days, or if you do they’ll come with a bunch of options already installed.
Dealers learned during the shortage that people will pay for the mid range ones if that was their only option.
Regardless, Kia is still a stupid choice to try to prove that particular point.
Great now find it for that price at the lot.