I think there is a market for cars as well.

15 years ago, Dacia used to make stripped sedans that sold for as cheap as 7.5k euros. It was a wild success. Now, they've pivoted to making modern cars, still on the cheap side, but the cheapest now is a compact car that sells for 13k.

The only reason is that those modern cars have higher margins and there is no competition for cheap cars. So why make cheap cars to kill the market of higher margins ones?

The free market, if it works at all, should produce companies like wheelfront that caters to that share of the population.