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The first part of the tire specification, '185', refers to the tire's width in millimeters. In this case, the tire is 185 mm wide from sidewall to sidewall. Tire width directly affects handling, fuel efficiency, and road grip. A wider tire usually offers more contact with the road, contributing to improved traction, particularly in wet or slippery conditions. However, it can also lead to increased rolling resistance, which could affect fuel efficiency.


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The level of competition within the automotive sector dramatically affects car prices. A highly competitive market can drive prices down as manufacturers compete for consumer attention. Conversely, in markets with few major players, companies may have more leeway to set higher prices. The emergence of startups in the EV space has added layers of competition to traditional automakers, which can affect pricing strategies across the board.


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The broader economic landscape plays a critical role in car pricing. During times of economic prosperity, consumers are more likely to spend on higher-end vehicles, resulting in higher average transaction prices. On the other hand, during economic downturns, buyers may opt for more affordable models, leading to decreased demand for luxury vehicles. Interest rates also play a significant role; lower rates make financing more accessible, while higher rates can deter potential buyers, impacting overall car prices.


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