SUVs parked on cargo ships reveal scope of U.S. auto market glut

Re:SUVs parked on cargo ships reveal scope of U.S. auto mark... by newyankee on Saturday May 02, 2020 @03:49AM (#23050148)

When i bought my last SUV i actually changed my preference from one popular Japanese brand to another because although the salesman at large Japanese dealer (Toyota) was cool, i had to give a small feedback session with his boss about what influenced my choice. The funny part of the story is that the original salesman was a UK origin American and the boss was Asian origin American (point being they were not from a small city or anything). I was so pissed off by the Boss' line of questioning that i actually changed my decision.

I realized in my US stay of many years that a lot of economy is rent-seeking like everywhere. Dealers primarily exist as ICE cars needed maintenance and legacy reasons. However it is a pity that they cannot be disrupted. I have not had experience with platforms like Carvana but i avoid used cars from people because i have had bad experiences before.

[ Parent | on HN ]

Re:SUVs parked on cargo ships reveal scope of U.S. auto mark... by pm321 on Saturday May 02, 2020 @04:24AM (#23050298)

"However it is a pity that they cannot be disrupted. I have not had experience with platforms like Carvana.."

Where I see the street is littered with unused bikes for sharing (sometimes a trip hazard if you are not looking where you go while on the iPhone SE talkin) and unused cars parked for sharing. They multiply. The disruptors must be using a utility function with payoff after the sovereign wealth fund managers backing the thing cashout at the top, retire and die. And then there is no return on investment after WeWork's hard partying and snort.

[ Parent | on HN ]