The Days Of Low-cost Cars Under The $20,000 Barrier Has All But Ended Motor Torque With David Berthon podcast

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Motor Torque with David Berthon « »
The days of low-cost cars under the $20,000 barrier has all but ended

5d ago 1:00

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In the last few years new car prices have scaled upwards perhaps most noticeable at the lower end of the market – if we go back to 2019 before the pandemic there were 52 model variants under the $20,000 barrier – today there is just one – the Kia Picanto hatch sport manual at $18,690. Manufacturers facing stringent new emission and safety regulations, higher costs and shifting exchange rates have not been able to maintain prices at the budget end of the new car market. Take Toyota for example – in 2019 its small Yaris hatchback retailed between $15,390 and $22,690 - today, it spans from $28,990 to $34,590. To counter its small car price rises Toyota is now concentrating on its Toyota Certified Pre-owned strategy, placing emphasis on certain warranties and certain conditions of quality with its dealers.

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103 episodes

#Auto #Lifestyle #Radio 2GB #Hobbies

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The days of low-cost cars under the $20,000 barrier has all but ended

Motor Torque with David Berthon

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published 5d ago

Share

MP3•Episode home

Content provided by Nine Radio and Radio 2GB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Radio 2GB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In the last few years new car prices have scaled upwards perhaps most noticeable at the lower end of the market – if we go back to 2019 before the pandemic there were 52 model variants under the $20,000 barrier – today there is just one – the Kia Picanto hatch sport manual at $18,690. Manufacturers facing stringent new emission and safety regulations, higher costs and shifting exchange rates have not been able to maintain prices at the budget end of the new car market. Take Toyota for example – in 2019 its small Yaris hatchback retailed between $15,390 and $22,690 - today, it spans from $28,990 to $34,590. To counter its small car price rises Toyota is now concentrating on its Toyota Certified Pre-owned strategy, placing emphasis on certain warranties and certain conditions of quality with its dealers.

See omnystudio.com/listener for privacy information.

… continue reading

103 episodes

#Auto #Lifestyle #Radio 2GB #Hobbies

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