QOTD: What's Next for Cheap Cars?
There are fewer cheap new cars on the market than ever, it seems, and the picture looks worse with the death of the Mitsubishi Mirage.
These are usually not good cars -- I drove a rented Nissan Versa to upstate New York and back last summer and was quite happy to give the keys back -- but some people can only afford cheap cars. Otherwise, they'd be shut out of the new-car market completely -- and used cars aren't always a good option.
So, what say you, B and B? Is there an opportunity here for OEMs to re-enter this segment? Maybe with crossovers instead of cars? Or is the cheap car dead, at least for a while, because of market forces?
Sound off below.
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