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Why are cars so expensive?

Updated: 9/11/2023
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7y ago

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because they have so many things that you can do in them that it makes it hard for people to give away a car for $800 or so on


You didn't put the brand of car in the question, so it is impossible to give you the specific reason.

Most expensive cars are expensive do to the materials they use( leathers, aluminum, magnesium, carbon fiber, rare wood trims). Hand assembled cars (E.I. Aston Martin, koenigsegg) have a lot of man hours/labor time in building it that makes production expensive.

They provide cutting edge technologies that aren't available in cheaper cars for a couple years.

Some cars are expensive just because of the brand name / mystique / horsepower it has/ status it insinuates , or it's limited production.

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7y ago
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9y ago

It may appear that cars are expensive but they have always been expensive and cars today offer things not heard of in cars of the 50s. Disc brakes, anti-lock brakes, air bags, seat belts, fuel injection, GPS, fantastic sound systems, back-up cameras, traction control, plus many other things plus they are far more dependable and last much longer. All these things consumers demand cost money to install on a car. A 1955 Chevorlet Bel Air Sport Coupe which was the top of the line Chevy cost $2,065 in 1955. There were cars that cost as little as $1,800 and some that cost way more. That $2.065 adjusted for inflation is equal to $18,241 in 2014. And that 1955 Chevy had none of the above mention features. If possible to add all those features to a 1955 car you would find the price difference compared to today's cars would be about the same.

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