235 sats \ 3 replies \ @Coinsreporter OP 13 Nov \ parent \ on: The Daily Zap — Latest News and Updates alter_native
You must hve listened about Global NCAP for safety. An Indian brand is making 5 star rated cars in less than $ 10k.
Cars here also comply to the environmental norms. No car below $50k can't be true. Or is it?
The car that I have weighs 1300kg with a 1200 CC engine a mid size SUV (as they call it here)
I've this one with the exact same colour and it's called India's safest car.
It's not more than 10lac InR which is not more than 11 k usd. The varient I've is manual transmission top so it's around 9.5 k usd. You can see the prices and specifications here.
https://www.carwale.com/tata-cars/punch/
There are also a bunch of protectionist measures on car production that boost the cost. I'd wager that they car you own is illegal in the US, for one reason or another.
My biggest hope for the Trump administration, even beyond gutting the bureaucracies, is eliminating all the useless regulations that have driven up the cost of living and reduced consumer choices.
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To be honest, I can't come with any bogus reasoning of questioning the safety of the car I have. Yes, because it's cheap m, it doesn't boast the quality of Mercedes or BMW. But quality is a choice and it shouldn't be heavy on someone's pocket.
I also have another big car which cost me 5 times more but I don't use it that much and I think I didn't actually require it. I bought it because I could. If USA allow these cheap but highly safe cars enter in their market, I don't think those much highly priced brands would survive. The money that people would save in cars can be applied in another cause like buying a home or some investment.
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It's not just cars, either. Cost of living could be dramatically lower in the west, if they'd get over the urge to regulate everything out of existence.
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