Originally Posted by
genejockey
Do you have actual data? Or is it all this anecdotal stuff?
What data do you want? Those are actual prices. Also feel free to provide any facts to back up your view, since thus far you’ve given zero.
According to the U.S. Bureau of Labor Statistics, prices for new cars are 20.33% higher in 2024 versus 2014 (a $6,099.61 difference in value).
Between 2014 and 2024: Cars experienced an average inflation rate of 1.87% per year. In other words, cars costing $30,000 in the year 2014 would cost $36,099.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.71% during this same period, inflation for cars was lower.