Across the US, people are increasingly defaulting on their car loans — a dire economic indicator because these loans are usually the last payment Americans are willing to miss. Meanwhile, auto insurers are raking in record profits after hiking rates.

  • chunes@lemmy.world
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    1 month ago

    I have an idea how they can make cars cheaper. How about make them smaller and remove the spying equipment

    • HeyJoe@lemmy.world
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      1 month ago

      Without the spying would make them cost more. The spying is what they consider a feature to keep pricing down a little since they will make money off of that. They will pass a little of that savings onto the consumer.

      • mic_check_one_two@lemmy.dbzer0.com
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        1 month ago

        You think they actually pass those post-sale earnings on to the customer as savings? Why would they, when they could have their cake and eat it too? The average price for a new vehicle topped $50k recently, so they’re clearly not worried about keeping prices down.