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> I was thinking of a 1970 Dodge Dart, which last I checked was $21,000 in 2021 dollars; compared to the price of an average new car today ~42K. That's an inva
by danans 3y ago
> I was thinking of a 1970 Dodge Dart, which last I checked was $21,000 in 2021 dollars; compared to the price of an average new car today ~42K.
That's an invalid comparison, because 42k is the average new car transaction price (ATP), not the average MSRP, which is what your 1970 Dodge Dart is: an MSRP.
The ATP is heavily weighted toward the fact that most new cars purchased are larger SUVs and higher end cars, and also lately influenced by heavy dealer markups due to the pandemic supply/demand imbalance for cars in general.
That doesn't mean more economical cars the equivalent of the 1970 Dart aren't available today, and they are even cheaper than the Dart, i.e. the 2023 Nissan Versa at $17k. There are several other similarly cheap cars, just search "cheapest new cars 2023".