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That doesn't seem so bad though, right? Just looked up the MSRPs: 2016 Civic Sedan: $18,640 1996 Civic Sedan: $10,350 So average increase has been 3.0% per
by JauntTrooper 11y ago
That doesn't seem so bad though, right? Just looked up the MSRPs:
2016 Civic Sedan: $18,640
1996 Civic Sedan: $10,350
So average increase has been 3.0% per year over the period (CAGR). Inflation over the same period has been 2.2%, so it's a somewhat more expensive in constant dollars than it was 20 years ago (~$2500) but also comes with much better features.
There also are cheaper cars today than the Civic (i.e. 2016 Nissan Versa MSRP is $11,990, and you almost certainly negotiate down past MSRP).
- brandon272 11y ago2015 Nissan Micra, 2015 Chevy Spark, 2015 Mitsubishi Mirage are all under $10K as well. Safer and arguably better equipped than a '96 Civic.
- deleted 11y ago[deleted]