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> As a "Generation X" near the Boomer boundary, I just can't stop being shocked by "average car is $47k". I don't doubt the average new car price could be 47K,
by jjav 4y ago
> As a "Generation X" near the Boomer boundary, I just can't stop being shocked by "average car is $47k".
I don't doubt the average new car price could be 47K, but averages are pushed up by the very expensive ones. And today there are a lots of cars at the very high end over 100K which skews the average.
Regular cars (entry-level Honda/Toyota/Mazda/etc) haven't gone up much, probably about tracking inflation (would be nice to see a graph for e.g. an entry level Mazda 3 (323) MSRP vs. inflation over the years).