{"id":2305,"date":"2009-10-06T10:56:34","date_gmt":"2009-10-06T18:56:34","guid":{"rendered":"http:\/\/lefsetz.com\/wordpress\/?p=2305"},"modified":"2009-10-06T10:56:34","modified_gmt":"2009-10-06T18:56:34","slug":"value","status":"publish","type":"post","link":"https:\/\/lefsetz.com\/wordpress\/2009\/10\/06\/value\/","title":{"rendered":"Value"},"content":{"rendered":"<p>I rented a Hyundai.<\/p>\n<p>They pulled up this eggplant colored piece of shit, with the Coke-bottle flairs over the rear wheels, and I winced.\u00c2\u00a0 A Hyundai?\u00c2\u00a0 Wasn&#8217;t there anything else?<\/p>\n<p>This was it.\u00c2\u00a0 We&#8217;d already waited in line for twenty minutes at Enterprise.\u00c2\u00a0 This had just come in.\u00c2\u00a0 Had just been cleaned.\u00c2\u00a0 There were no other cars.<\/p>\n<p>So I got behind the wheel and took off down the expressway.<\/p>\n<p>A thousand miles later, dropping off the car in downtown Boston, I regretted parting with it.\u00c2\u00a0 I debated making an offer for the automobile right there.\u00c2\u00a0 I&#8217;d become enamored of its purple color, had bonded with this machine with absolutely no rattles, great sound insulation, decent handling and phenomenal gas mileage.<\/p>\n<p>That&#8217;s right, a Hyundai.<\/p>\n<p>I remember the early nineties, when Eileen bought one.\u00c2\u00a0 For less than $5000.\u00c2\u00a0 A true POS.\u00c2\u00a0 With a carburetor after everybody had switched to fuel-injection.\u00c2\u00a0 This rickety machine truly decomposed on the go.\u00c2\u00a0 Parts were always falling off.\u00c2\u00a0 It&#8217;s a wonder she could drive it to the junkyard.\u00c2\u00a0 Where it went, when its value had been used up, but long before the death of other cars born that year.<\/p>\n<p>And when people started showing up in Santa Fes a decade and a half later, I thought they were just too cheap to buy a CR-V.\u00c2\u00a0 Or a RAV4.\u00c2\u00a0 That&#8217;s how I knew someone was a cheapskate, if they bought a Hyundai.\u00c2\u00a0 A Korean car?<\/p>\n<p>But that was before Samsung became the new Sony.\u00c2\u00a0 Before everything we thought we knew turned out to be wrong.<\/p>\n<p>I drove BMWs for thirty plus years.\u00c2\u00a0 They are the ultimate driving machines, or one of them, but not only are repairs ultra-expensive, they&#8217;re frequent.\u00c2\u00a0 The purchase price is just the starting price.\u00c2\u00a0 Budget thousands a year just for maintenance.\u00c2\u00a0 And, if you read the car magazines, you&#8217;ll see that they&#8217;ve had numerous problems with their BMW test cars, like engines seizing up.\u00c2\u00a0 As for Mercedes&#8230;\u00c2\u00a0 Great car, but they don&#8217;t handle like a BMW.\u00c2\u00a0 And if you&#8217;re not looking for that handling finesse, maybe you should consider a&#8230;Hyundai?<\/p>\n<p>Happened to me again in Denver.\u00c2\u00a0 Enterprise once again.\u00c2\u00a0 They were going to give us an HHR.\u00c2\u00a0 I&#8217;d rented a Malibu, not bad, but I&#8217;m not gonna drive around Colorado in this miniaturized imitation panel truck from the thirties.\u00c2\u00a0 No fucking way.\u00c2\u00a0 Didn&#8217;t they have anything else?<\/p>\n<p>The clerk winked and said he could offer us a Hyundai&#8230;<\/p>\n<p>SOLD!<\/p>\n<p>That Sonata was smaller than the Azera I&#8217;d rented the previous fall, but just as lovable.\u00c2\u00a0 I&#8217;m telling you, if my present car got totaled this afternoon, I&#8217;d buy a Hyundai.\u00c2\u00a0 Why waste all that extra money on a shinier nameplate?\u00c2\u00a0 It&#8217;s just a car.\u00c2\u00a0 And, unlike its American counterparts, Hyundai is more than a car, it&#8217;s like a pet, it&#8217;s adoptable, you fall in love.<\/p>\n<p>I mention all this because my eyes bugged out when I read the sales reports.\u00c2\u00a0 Yup, Cash For Clunkers ended, and sales swooned.\u00c2\u00a0 The right wingers thought the program was a disaster, everybody worried about the future.\u00c2\u00a0 You see GM&#8217;s sales dropped 45% from September 2009.\u00c2\u00a0 Chrysler was down 42.1%.\u00c2\u00a0 The Japanese superstars?\u00c2\u00a0 Toyota fell 12.6%.\u00c2\u00a0 And Honda 20.1%.\u00c2\u00a0 Granted, Ford only dropped 5.1%, and that&#8217;s good, but in the entire top ten, only three automakers showed increases.\u00c2\u00a0 The aforementioned BMW showed a slight uptick, of 3.6%.\u00c2\u00a0 But the fifth largest automaker,\u00c2\u00a0 Hyundai, sold 31,511 vehicles, a whopping 27.2% INCREASE!\u00c2\u00a0 And its Korean brother, Kia, sold 21,623 autos, a 24.4% increase!\u00c2\u00a0 HOLY SHIT!<\/p>\n<p>Seems the brand is no longer tarnished.\u00c2\u00a0 People don&#8217;t think twice about buying a Hyundai.\u00c2\u00a0\u00c2\u00a0 They want something good, at a fair price, and they&#8217;re flocking to the Korean manufacturers.<\/p>\n<p>What this means is it&#8217;s never too late for the music industry to regain the hearts and minds of the consumer.\u00c2\u00a0 But it must offer good products at fair prices.<\/p>\n<p>Instead, the labels have been like GM.\u00c2\u00a0 Help us out!\u00c2\u00a0 Do something about file-trading!\u00c2\u00a0 Meanwhile, the consumer doesn&#8217;t want this overpriced Top Forty beat-driven crap.\u00c2\u00a0 Not in quantity.<\/p>\n<p>And concert tickets?\u00c2\u00a0 I&#8217;d say they&#8217;re at Mercedes-Benz level prices, but they&#8217;re more akin to the numbers for Ferrari, or Rolls Royce. Maybe U2 and the Eagles can command such high prices, but most people can&#8217;t afford them.\u00c2\u00a0 And buying a concert ticket is worse than buying a car.\u00c2\u00a0 With the Internet, you can now comparison shop for automobiles.\u00c2\u00a0 The dreaded sales manager routine, the endless rip-off negotiation, has been to a great degree decimated.\u00c2\u00a0 But who knows what the price of a concert ticket will be until you click through to the final Ticketmaster page.\u00c2\u00a0 The add-ons are like undercoating and floor mats, shit you don&#8217;t want that they insist you buy.<\/p>\n<p>And I don&#8217;t want to hear one more motherfucker say that lowering prices devalues the product, not fucking one.\u00c2\u00a0 People aren&#8217;t resisting Hyundais because they&#8217;re too inexpensive.\u00c2\u00a0 Hell, now Hyundai is marketing the Genesis, an almost as good Lexus\/Acura\/Infiniti for almost ten grand less.<\/p>\n<p>This is the era of value.\u00c2\u00a0 Rather than insist that the customer come up to your price point, come down to his.\u00c2\u00a0 Meet him halfway.\u00c2\u00a0 Show that there&#8217;s a partnership, the same way Hyundai agreed to let you return your car if you lost your job.\u00c2\u00a0 An idea so good, other manufacturers imitated it.<\/p>\n<p>People are hurting.\u00c2\u00a0 They want entertainment.\u00c2\u00a0 But they feel priced out by the music industry.\u00c2\u00a0 And they&#8217;re sick of being fucked in the ass. Time to rebuild.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>I rented a Hyundai. They pulled up this eggplant colored piece of shit, with the Coke-bottle flairs over the rear wheels, and I winced.\u00c2\u00a0 A Hyundai?\u00c2\u00a0 Wasn&#8217;t there anything else? This was it.\u00c2\u00a0 We&#8217;d already waited in line for twenty minutes at Enterprise.\u00c2\u00a0 This had just come in.\u00c2\u00a0 Had just been cleaned.\u00c2\u00a0 There were no [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[],"class_list":["post-2305","post","type-post","status-publish","format-standard","hentry","category-music-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/s96vPs-value","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/2305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/comments?post=2305"}],"version-history":[{"count":1,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/2305\/revisions"}],"predecessor-version":[{"id":2306,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/2305\/revisions\/2306"}],"wp:attachment":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/media?parent=2305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/categories?post=2305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/tags?post=2305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}