Comments by "Maxwell Benz" (@Tential1) on "This is what Car Buyers Really Want" video.

@johnkonde1975 it's nothing to do with greed. Regulation first and foremost. China has cheap 10k cars they want to import, and the west added 100%+ tariffs. We have serious safety ratings but that requires you to destroy lots of cars. That costs money. You think manufacturers discontinued the Camaro and other expensive things 2 door sports cars because of corporate greed? Doesn't even make sense. People don't buy the cars. Manufacturers make what people buy. Car enthusiasts thought people wanted sports cars. They got rid of most 2 door cars too. Those were expensive cars. People want suvs, and suvs cost most. Also regulation. Regulation meant that if I want to make a "sedan" it's actually easier to make it a truck, from a regulation standpoint. If companies could sell cheaper sedans, they would. Customers don't buy them. Cheap trucks might make a comeback, but customers prove they want large trucks. Hell, I'm buying a ram 1500 truck. Why? Because I can. It amuses me. I could buy a small, normal car. Corporations don't force you to buy things. They rush to make what you want before someone else does.
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@capnkirk5528 no, the incentive structure is undercutting. You don't know anything of what your talking about. Most companies make 5% margins. In automakers, they make 1-5%. 1-5% net profit isn't corporate greed. If they're so greedy, they'd be profitable, and I'd say invest. Please, invest your money in the automakers. Then, you'll actually read the reports, go to shareholder meetings, and realize how trash this business is. Exactly why you LITERALLY can't pay Mr to invest in these companies. You want corporate greed? Nvidia has a 50% profit margin. That's where I invest. 1-5% profit margin? Where you regularly lose money? You guys literally are clueless about business.
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This is why they automakers don't like making 20k cars. They're competing against themselves. People assume it's greed because they don't understand business. A 2014 Porsche cayenne gts is 25k. Or I can buy an equally as fast, new cayenne, for idiot money. There's no way you get a new car with more bang for buck than used. It's easier to compete 45k+ and thus, average sales are around that market.
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People want cheap cars for other people who they assume are hurting financially. People want 30k new cars for themselves. People refuse to believe this. It's annoying. I invest, I read the data, if people wanted these cars, you'd hear non stop harassment from investors. Instead, when I even do my own research, people want to finance a 30k car. Just went through this with my neighbor rarely, do they want a cheap 15k - 20k car, used or new.
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@johnkonde1975 you can't produce something in low quantities and keep prices artificially high. You would need everyone in the industry to be friends. We aren't friends. In banking, we literally risk destroying the financial system, just to kill our opponents, because f it. 2008 could have been completely avoided for example. That was a personal attack. Similar to gamestop, where reddit caught hedge funds "offsides", traders found certain companies to be offside, and that caused the collapse. They could have just fold the company "hey, you have an issue". Instead, they exploited it. But we say publicly, banks failed. Lol. It's because we hate each other, that customers get the best price. Example, mortgage rates. You can always refinance. So you'll always have as low of a rate as the market can handle, because, if your rate is 0.05% higher than it should be? Well hello, would you like to refinance with me? Why? I'm breaking even actually, but I would love to see my competitor who your mortgage is currently with suffer. It's almost impossible pull off the idiotic corporate greed scenarios you guys propose. Regularly, my job has been to figure out how much money we could stomach losing lol....
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2:53 no, this is because we tried small trucks, and we realized people want bigger trucks. We business nerds didn't think people would want a small truck over a more practical Honda civic. We just realized this. It's not malicious. It costs 5 billion to make bets like this. It's not free. I really hate how little people understand how business actually works. We can't just spawn your designs.... You have to convince a bank. Bankers are cautious enough to wear suspenders and belts. It's not easy.
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I love the Ford maverick. I wish they made a fast version for the lulz.
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Oh you want a cheap, large car... Made of pixie dust? Bro, automakers make a 5% net profit margin. Where do they give you a cheaper car? You wanted auto labor unions to make a living wage? 100k+ right? There not free... Union pushes a labor wave increase, the profit margin was only 5% and you think cars don't get more expensive... I hate how they haver explain how corporations make money. You guys just assume companies charge 100 and keep 50. They charge 100 and hopefully keep 3-5 but lose 2-3 regularly. For, MOST companies. Only a few companies keep 15 regularly.
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