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this post was submitted on 17 Feb 2024
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politics
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Honestly, i think our biggest difference is where we look. I am looking at people who cant easily afford a new car period and have to maintain what they got. The 7k tax credit doesn't really help them. It helps the middle class where a 40k car with 7-10k tax credit sounds like a nice option.
Right now, im confident that if the coming cheaper cars flood in en masse, at first they'll be bought by the people who took interest with the 7k tax credit, and then as they get sold & enter the used market they'll be accepted by lower income families looking to save money on fuel and servicing over the years by fixing stuff themselves & just having less stuff which needs fixing.
I am of that income level, so there's that too.