^ In years past when ordering a new vehicle stepping up a trim level from the base or even stripper model level like Bill's example would add features like power doors, auto trans, A/C, better audio etc. As we know many of those previously considered luxury items are now standard in most all cars. So what's a mfr to do ?
Consider the Nissan Leaf, three trim levels available. Going from the base to the mid level adds the following first three items as listed on website:
ardvark asked, "Whats driving the market?"., IDK if the tail is wagging the dog here but I do think those folks buying the expensive toys that ski3 mentions won't be leaving, or have the desire to leave, the same kinds of assets (and one might say values) to their kids the way some in previous generations choose to do so. Times change..
One benefit of high tech that I don't think has been mentioned is the improvement in actual build quality. Technology used in the design, engineering and especially the construction of vehicles may not have helped the worker but it has greatly improved the finished product imo.
Consider the Nissan Leaf, three trim levels available. Going from the base to the mid level adds the following first three items as listed on website:
- ProPilot Assist
- NissanConnectSM with Navigation featuring Apple CarPlayTM and Android AutoTM
- NissanConnect EV (telematics) – allowing for remote connection to the vehicle
ardvark asked, "Whats driving the market?"., IDK if the tail is wagging the dog here but I do think those folks buying the expensive toys that ski3 mentions won't be leaving, or have the desire to leave, the same kinds of assets (and one might say values) to their kids the way some in previous generations choose to do so. Times change..
One benefit of high tech that I don't think has been mentioned is the improvement in actual build quality. Technology used in the design, engineering and especially the construction of vehicles may not have helped the worker but it has greatly improved the finished product imo.