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You could say the same for practically any modern appliance, consumer electronics, computer and the price would be 25-50% than 10 years ago. 10 years ago I had
by yardie 10y ago
You could say the same for practically any modern appliance, consumer electronics, computer and the price would be 25-50% than 10 years ago. 10 years ago I had a chocolate bar phone that just did email for $99. Now I can get a cheap Android that does way more than email for $50.
These gains in technology and automation don't appear to be reflected in car manufacturing.
Also the car I bought 10 years ago was $15k. Fuel efficiency hasn't changed that much, safety standards either. But now, to make the price appear appealing I'm expected to make 60 (5 years) payments rather than 38 (3 years).
- coredog64 10y ago> Fuel efficiency hasn't changed that much, safety standards either. CAFE essentially puts a ceiling on fuel economy, so instead of getting a more efficient car of the same size, fuel economy is held constant and the size of the car (or its performance) increases. As for safety, MY2008+ vehicles are required to have TPMS. Next year backup cameras will be required by the NHTSA. It's not a legal requirement, but electronic stability control is available on many more current models than 10 years ago.