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Agreed. I am only trying to illustrate that the line between luxury/excess in autos has shifted substantially in the last few years partially inflation driven
by steveBK123 4y ago
Agreed.
I am only trying to illustrate that the line between luxury/excess in autos has shifted substantially in the last few years partially inflation driven and partially cheap credit / long loan terms driven.
The universe of under-$30k cars is now quite limited whereas 5 years ago, one could possibly describe $30k+ as being luxury.
- kelnos 4y agoHell, somehow my brain is still stuck in the 90s, where $30k would get you a very nice car indeed. I was a teenager then, so perhaps I'm anchored there because it's when I first started getting interested in things like that, and first started driving. (Gas was also 92 cents per gallon for a bit while I was in high school, oof.) My family also always only bought used cars (and I continued this practice), so I guess that further skewed my conception of car cost downward. I only just bought my first new car recently, and I still haven't really adjusted to the reality of both what current prices are like, and how much more expensive a new car is.
- asoneth 4y agoI could have written the same comment and have mixed feelings about turning into the old person who feels that everything was cheaper "back in my day". I try and remind myself that for the most part it's not that cars are that much more expensive but that dollars are worth so much less.