Measured auto inflation is low because of hedonic adjustments. The sticker prices have gone up a lot, but their quality/value (according to folks measuring infl

Measured auto inflation is low because of hedonic adjustments. The sticker prices have gone up a lot, but their quality/value (according to folks measuring inflation) has gone up more. For a somewhat tendentious account, with graphs: https://wolfstreet.com/2020/11/11/my-pickup-truck-car-price-index-for-2021-models-crushes-official-cpi-for-new-vehicles/ https://wolfstreet.com/2020/11/11/my-pickup-truck-car-price-... Not sure what to think of it. Obviously reversing cameras, working A/C and better fuel economy are important and real improvements worth real money.