From the moment I started saving for a brand new car, 1985, they were around 6500 for an economy box, and around 8500 for something with options and a decent package. So I figured if I had 10k saved, I could get the best of the best.
Now I've been saving for 4 years, I'm 14 years old. 2 years from being able to drive. Economy boxes were now 18,000 dollars and a decent quality car with a decent amount of creature comforts was 22,500.
Push forward 10 years, and now cars are 35,000 dollars. Base model. Very basic stuff.
Now, good luck finding a new vehicle for under 60,000 dollars.
I am currently driving a used car made in 2012. It needed a lot of work, it was as is where is. I put around 3k into it to get it drive worthy, and hopefully it lasts until I can't drive anymore because I can't even afford used anymore.
Is it just me, or does your entire post sound exactly like the "car industry" that existed in Cuba for over 50 years, where everyone had to repair 1940's and 1950's era cars because of communism.
Before anyone points out the US-Cuba embargo, also consider most countries did not participate in the embargo, and they could have been importing cars from almost any country, soviet russia, china, etc.
We'll reach that point once the federally mandated remote kill switches are in all new cars. Then the feds can kill your brakes while you're driving in a busy interstate.
Wait until you hear about "hedonic quality adjustments". The CPI will "calculate" that today's shitbox is actually cheaper than yesteryear's shitbox because of power windows, CD players, or other tacked-on shit.
Hah, that's hilarious.
From the moment I started saving for a brand new car, 1985, they were around 6500 for an economy box, and around 8500 for something with options and a decent package. So I figured if I had 10k saved, I could get the best of the best.
Now I've been saving for 4 years, I'm 14 years old. 2 years from being able to drive. Economy boxes were now 18,000 dollars and a decent quality car with a decent amount of creature comforts was 22,500.
Push forward 10 years, and now cars are 35,000 dollars. Base model. Very basic stuff.
Now, good luck finding a new vehicle for under 60,000 dollars.
I am currently driving a used car made in 2012. It needed a lot of work, it was as is where is. I put around 3k into it to get it drive worthy, and hopefully it lasts until I can't drive anymore because I can't even afford used anymore.
Is it just me, or does your entire post sound exactly like the "car industry" that existed in Cuba for over 50 years, where everyone had to repair 1940's and 1950's era cars because of communism.
Before anyone points out the US-Cuba embargo, also consider most countries did not participate in the embargo, and they could have been importing cars from almost any country, soviet russia, china, etc.
We'll reach that point once the federally mandated remote kill switches are in all new cars. Then the feds can kill your brakes while you're driving in a busy interstate.
At this point a new Camry and a use Porsche are the same price.
https://archive.ph/mfUXL
Wait until you hear about "hedonic quality adjustments". The CPI will "calculate" that today's shitbox is actually cheaper than yesteryear's shitbox because of power windows, CD players, or other tacked-on shit.