Why the affordable new car is dead

In 2011, P-platers or those on the very tightest of budgets were relatively spoiled for choice in the new-car market. For vehicles priced below $20,000, there were 170 variants available across 33 models from 21 brands. Fast-forward a decade, and the market is a fairly depressing sight for the slim-walleted: just 19 variants available for less than $20,000 – covering just nine models and six brands. Make that nine variants and five models if you want an automatic transmission.

Comments

Popular posts from this blog

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

Volvo ‘ES90’ electric sedan due next year

Donald Trump’s Lamborghini Diablo sets new auction price record

How many cupholders are too many? | Drive Flashback

Honda confirms NSX successor in the works

JLR: Consumer confidence on the rise post-election

Europe’s vehicle emissions haven’t changed in more than a decade, say officials

New Norweld tray revealed for popular utes

Tesla cars to be banned from Chinese government buildings amid security fears — report

New Alfa Romeo 33 Stradale supercar unveiled with petrol and electric power