Quote:
Originally Posted by Ashasx
Inflation adjusted, almost all new vehicles are cheaper than they were 20 years ago.
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The problem is that 1) our purchasing power has not kept up, so relative to what we have to spend, they are more expensive. 2) a lot of the inflation shock has happened in the last 5 years, making the change feel much more drastic.
I'm in my mid 40s and have never bought a new car, so maybe I'm not the right demographic to ask, but buying one today definitely feels extra prohibitive.