Also, the reason most German cars are worth 2x -3x more is based on their brand name and perceived value.
I see Mercedes and BMW in the shops all the time for repairs at no less % then a Ford, Toyota, or any other car.
I always be seeing cars on the road "Service Loaner from Ray's BMW" and shit.
Brands like NordicTrack and Schwinn are perfect examples of companies that USE to make good shit and had high perceived quality and value. However, both of these companies produce shit now you can buy at Walmart. If you ask anyone today, most of them would say Schwinn is a good bike and NordicTrack makes great shit and would value them higher then competitors.
I see Mercedes and BMW in the shops all the time for repairs at no less % then a Ford, Toyota, or any other car.
I always be seeing cars on the road "Service Loaner from Ray's BMW" and shit.
Brands like NordicTrack and Schwinn are perfect examples of companies that USE to make good shit and had high perceived quality and value. However, both of these companies produce shit now you can buy at Walmart. If you ask anyone today, most of them would say Schwinn is a good bike and NordicTrack makes great shit and would value them higher then competitors.