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Feds Killed Polestar and Spared Volvo. That Should Terrify You (www.thedrive.com)
submitted 2 months ago by to c/technology@lemmy.world
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[–] 3 points 2 months ago (1 child)

That’s still ridiculously high for a car. When my wife and I bought a new car a couple years ago we really stretched the bank to make a $35,000 car work.

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  • [–] 1 point 2 months ago (1 child)

    That’s still ridiculously high for a car.

    Yes it is a expensive, it used to be way cheaper, in 2022 it was "only" $43,000 IDK why the price has increased, I suppose they have made improvements.

    Here $35,000 ex vat is a bit below average, which is probably more like $40,000 USD. Which is the starting price of the ID.4 here in Denmark.

    Our 4 year old VW ID.4 cost $32,000 IDK including VAT or $26,000 excluding VAT.

    So here we have nearly a similar hit for a 4 year used car! I hope you got a nice car. 😀

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  • [–] 1 point 2 months ago (1 child)

    I’m not sure how VAT equivocates to tax tag and title here in the US, but for $35,000 car it should still be less than $1000. I pay a bit less than the average person because I’m Native and I go through my tribe instead of the state I live in, but I don’t think the rate I get is less than like half the state rate. A few years ago the same car would’ve been in the $29,000 range. At the time we got the car things were so crazy in the used market that it actually was about $100 less per month for us to get the new car then to get a four year-old used car of the same model.

    Thank you, we got a Mazda CX-50. It’s a lot nicer than my 2004 Chrysler Sebring was with 280k miles (~450600km)! I’m not the primary driver so as long as my wife is happy with it I’m happy.

    Hopefully wages will start reflecting prices someday.

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  • [–] 2 points 2 months ago

    VAT is a sales tax, and traditionally prices in USA are stated without that, sales tax in USA is local to the state you are in.
    Companies deduct sales tax, so for them it's irrelevant except of course for their sales.

    The new electric Mazda models we get here are mostly made in China, but being in USA, I bet yours isn't.
    I like Mazda and have had a couple many years ago.

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