Quote:
Originally Posted by ItsGary
You see it all the time, people complaining about prices of cars. When in reality prices have been adjusted to inflation.
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Thing is, it's not just inflation:
- The average price of a car in 1995 was $15,500. The average price for a car in 2017 is $33,600.
- $15,500 in 1995, adjusted for inflation to 2017, is $24,896.
So what accounts for that extra $8,700 or so? Many, many other things ranging from the extra cost of safety equipment (Exhibit A: air bags) to customer expectations of more standard equipment on a standard car (Exhibit A: Navigation) to the emergence of the lease's ability to get Joe Schmo into a 3 Series instead of, say, an Accord.
People complaining about the price of cars nowadays either don't remember 1995, weren't born in the 1980s or later, or lament the relative simplicity of 1995. Basically: they only have themselves to blame.