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> The average new car purchase in 1975 was $4,900. That's $28K today. Even in 2019, before the pandemic, the average price of a new car was $39K.[1] Definitely
by BeetleB 4y ago
> The average new car purchase in 1975 was $4,900.
That's $28K today. Even in 2019, before the pandemic, the average price of a new car was $39K.[1] Definitely one industry that hasn't gotten cheaper.
[1] https://mediaroom.kbb.com/2020-01-03-Average-New-Vehicle-Prices-Up-Nearly-2-Year-Over-Year-in-December-2019-According-to-Kelley-Blue-Book https://mediaroom.kbb.com/2020-01-03-Average-New-Vehicle-Pri...
- ipython 4y agoCompare the standard equipment between the 70s car and today - especially when it comes to comfort and safety - and you’ll see you’re buying a lot more for your $$ today than 50 years ago
- BeetleB 4y agoNot disagreeing - just saying it doesn't help OP's comment.
- bobthepanda 4y agoThe warranties alone would make a modern car a better deal.
- lotsofpulp 4y agoHow many giant SUVs and pickup trucks were part of the 1975 price? How many miles was a 1975 car expected to last without major repair? Today, it is a minimum 200k miles.