trend? hahahahaha.
that's a not a trend. i don't see people buying premium compacts in droves.
example? why does a new volvo 40 have to be advertised in the paper (like i saw yesterday)
list 26995, buy for 20995?
around here.....as far as sedans and cars in general go, the midsizers rule. no one buys coupes, small cars are not big sellers here anyways. maybe its different in other parts of the country.
i would buy a base mustang before a 20k compact.
as people adjust to 3+ dollar gas, they will adjust their expectation on how much to spend on gas and the cycle will repeat itself. fashion conscious shallow folks will buy the small compacts because that's the only way they can still afford a 'name brand' right now. one cycle of that, and you will have folks saying, damn i wish i had a bigger car.
one example....a work buddy's wife insisted they get a new car when they got pregnant for the first time. So they did get a volvo 40 wagon and it was a 30k transaction. Then, they found out she was pregnant with TWINS. Now they have to take his ten year old pathfinder when they go anywhere where they need lots of space to tote the two kids and lots of cargo. He is kicking himself for letting her talk him into the Volvo and he realizes the garden variety minivan would have been a much better solution for them. She was stuck on needing a euro brand though and they couldn't afford the XC90's of the world. She is too much of a princess to settle for a grand caravan.
the only folks i know that gravitate towards small cars are young singles and urbanites and liberals, cuz they are the only ones crazy enough to blow 30-40k on function compromised compacts, or they have a small parking stall behind their small cramped condo. and that's a not big group even though they like to think they are vocal. for every smug leftie that buys a fit or yaris there is still more confident gun toting suburbanites who drives a suburban loaded with 6 kids and battle gear to hockey games.
midsizers still represent the best value solution out there for dignified transportation. spending more than 20k for a mainstream compact is nothing more than a fashion statement.