Quote:
Originally Posted by theman23
If lower priced cars have been discontinued because customers aren't interested, that still makes cars more expensive.
As for the rest: citation needed.
Saying something repeatedly doesn't make it true. At this point, I think you're just putting your fingers in your ears and screaming.
Whats your explanation for the F150 going up in price 60%-100% in the last 10 years (depending on the trim)?
https://carcostcanada.com/Canada/Pri...rd-F-150/25365
EDIT:
And the used car comment is funny. There's literally three Honda Civics in the entire country meeting those criteria, and two of them are salvage cars that you can't drive!
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At the same time, car makers not producing terrible cars that nobody buys just to say they have a $10,000 model doesn't mean cars have become more expensive either. That's why you have to control for quality - which is what CPI does.
As for me saying things repeatedly, I have quoted sources which you summarily threw out.
As for another example:
1995 Accord 4-dr EX. $22,295 ($43,596 USD in 2022).
Vehicle Length - 184 inches.
24mpg.
34 inch rear leg room.
145hp.
2023 Honda Civic LX - $24,650 USD.
Vehicle Length - 182.7 inches
33mpg.
37 inch rear leg room.
156hp.
Far superior safety features, heated seats, navigation, etc.
Which vehicle would you rather have? The way I see it, the 1995 Accord is roughly twice the price of the equivalent vehicle in 2022.
I had to move "down' a model for the comparison as vehicles have grown as they have become cheaper and the market has changed, as I said. What was once a mid-sized vehicle is now a compact, and compacts have basically disappeared. The Civic actually has 3 inches more rear leg room than the accord did in 1995.
Regardless, CPI does a much better job of controlling for this than a few examples thrown out on a message board can. Cars are cheaper and better than ever.