Here’s the latest reader question, along with my reply!
Chris asks: I just read your latest article about the effect of a Biden presidency on the new car market but I am wondering what you think the effect will be on old cars? Specifically, do you think the HPM will target older cars in some way? How? Your thoughts always appreciated!
My reply: We have the example of HPM’s Chinese handlers to look to for insight. In China, you’re allowed to drive a car that isn’t electric – provided you pay through the nose for the required plates/registration, the cost equivalent to the price here of a new Toyota Corolla.
We can also look to Europe, where non-electric cars are outright banned from certain areas and, of course, the cost to fuel them is enormous, via taxes.
I also think the HPM and his followers will make an attempt, at least, to force older cars – especially really old cars, without computer controls and without “safety” equipment – off the road altogether, for “environmental” as well as ssssssssssssssssaaaaaafety reasons. But for the actual reason, of course, of getting rid of the last vestiges of affordable mobility.
I anticipate cars like my Orange Barchetta to become just what Rush sang about 40 years ago. An outlawed relic from a better, vanished time.
Tally ho. It’s about to get real.
. . .
Got a question about cars, Libertarian politics – or anything else? Click on the “ask Eric” link and send ’em in!
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