The benefits of foreign cars differ from model to model simply because of how the automobile is manufactured and, more importantly, where it is manufactured. Depending on who you talk to, foreign cars are not considered to be as well made today compared to the vehicles of the 1980's. When you decide to buy a car, you should do some research and buy a car relevant to your needs and not one based on hype.
Should I Buy?
The decision to buy a foreign car or not will depend on many factors. In today's car industry, you should ask yourself, "What is my new vehicle going to be used for?" This is a great way to decide on a vehicle for your desired use. For example, if you need to haul a lot of things you may want to consider buying a truck of some kind or a vehicle that is capable of pulling a trailer so that you can haul items with ease. One benefit of buying a foreign car is the fact that some of these vehicles are priced lower than some American vehicles; this may make a foreign car more appealing to budget conscious consumers.
A good amount of so-called foreign cars are made in the USA. Nowadays, most foreign vehicle assembly plants are in the southeastern United States. The reason why these plants are located in this location is because the cost of labor in this region is lower than in other parts of the USA. This makes the production cost less and in short, makes the retail price lower for the individual buying the vehicle. One reason why foreign cars are often priced lower than American vehicles is because foreign vehicle manufacturers do not have to pay pensions for retired workers. Also, many states in the United States will offer these companies a tax cut just to get the business (and the resulting jobs in their state).
Foreign Cars: Good for the Wallet, but Are They Good for the Country?
Many people say that one of the best benefits of foreign cars is the price, but what does a buying a foreign car cost the country? American vehicle manufacturers have pension plans for their retired workers while foreign manufactures do not. In addition to that, the materials for foreign cars are bought from out of the country and very little money from the American vehicle buyer goes back into the country. Unlike with many other imports, most of the money resulting from the purchase of a foreign car leaves the American economy.
American-made cars and trucks are manufactured from steel made in the USA, and this makes more jobs for Americans. Foreign manufacturers buy most all of their materials from their home country when possible. While some American-made cars are less fuel efficient and reliable than their foreign counterparts, the US automobile industry is rapidly closing that gap as those factors become more important to American consumers. In the end, while there may be some benefits to purchasing a foreign car, doing so will ultimately hurt the American economy.
