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I'm pretty sure you don't need to look at inflation estimates to see that car prices are actually pretty bonkers right now. But here is a graph for the sake of
by mym1990 5y ago
I'm pretty sure you don't need to look at inflation estimates to see that car prices are actually pretty bonkers right now. But here is a graph for the sake of it: https://fred.stlouisfed.org/series/CUSR0000SETA02 https://fred.stlouisfed.org/series/CUSR0000SETA02
- throwaway0a5e 5y agoYeah prices are crazy right now but my point is everyone seems to ignore inflation when looking at car values over time.
- mym1990 5y agoYeah I mean car depreciation is usually so much that the standard 1-2% inflation that we are used to doesn’t seem to be that much. It’s similar to getting a 3% raise until you realize that it’s really only 1%(with 2% inflation).