Under $3000: The Race To Build Really Cheap Cars

This would make buying a used car obsolete for certain people. But I can’t imagine a $3000 car would have anything in it that is really appealing. I guess if you want just a plain daily commuter car this may be the way to go. Thirty-three horse power? That seems hardly enough to even get going, and at a top speed of 80 mph, it would be a challenge driving around the freeways in Socal.

Renault-Nissan is planning on building a car for under $3000. The price could be as low as $2500, which is 40% less and that the least expensive sub-compact car available today.

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