Opportunity Cost of Cars being made Cheaper in the US Car Industry.

Opportunity Cost of Cars being made Cheaper in the US Car Industry.

by Weslee Sheldon -
Number of replies: 1

Cars are quite a staple of living here in the US, and anything related to cars is taken into heavy consideration due to the many effects any causation might have on the industry. The opportunity Cost of this industry? More people are being forced to buy overpriced, and over modified cars that require more maintenance for more "gas efficiency." While gas efficiency is great, and lower CO2 emissions or additions to the atmosphere is helpful, is it really worth the cost? For starters, look at the newer Toyota trucks available in the EU car industry: bare bones, manual transmission, no fancy or expensive tech, and a simple frame that lasts. Exactly what a truck should be, right? Now take a look at the basic Chevy Silverado: automatic, tech filled, expensive parts, "gas efficient," and more maintenance required. Comparing the two, you can tell which one is going to last a while longer. As a car guy for most of my life, I have always disliked the new 2010s and later cars that have all this tech. As a driver of the 2000 Pontiac Sunfire, I get by perfectly fine with a car that wasn't created under such heavy restrictions. At the time, its retail value was $15,000, and if you look for a car with similar traits today, one will find its filled with excess tech and additions and costs way more. The cost opportunity of just keeping the American car industry profitable from "gas efficiency" with more maintenance instead of more reliable and long lasting bare bones due to the many, and quite dumb, US regulations on foreign cars.

In reply to Weslee Sheldon

Re: Opportunity Cost of Cars being made Cheaper in the US Car Industry.

by Talon Mayer -
Agreed, my family only buys old cars where the fanciest gadgets include a radio, auxiliary power outlet, and a cigarette lighter.
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