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> even basic $30k cars "basic" as in it takes 2 years earning min wage and not spending a dime to afford it
by lm28469 3y ago
> even basic $30k cars
"basic" as in it takes 2 years earning min wage and not spending a dime to afford it
- pcurve 3y agoadjusted for inflation not to mention features, cars are cheaper than ever. My first new car was 1992 Maxima. It retailed for nearly $20k in 1991, which is $43k in today's money. It didn't even come with leather, power seat, sunroof, ABS, CD, or automatic climate control. It only had one airbag.
- SketchySeaBeast 3y agoWhat does the Nissan Maxima retail for right now? Regional price differences means my looking up that information is meaningless, but I'm seeing more than $30k.
- deleted 3y ago[deleted]
- pcurve 3y agoMaxima has moved upmarket and it's no longer a basic car. However, Nissan Altima starts at $25k.
- SketchySeaBeast 3y agoI'm not sure the history of the Maxima, but in 1992 it was being marketed as a "four-door sports car", which doesn't sound the bottom of the market to me. It sounds like a bad example either way. Maybe a better example would be the Nissan Altima, which was available in 1993 for $13,349[1] and would cost (according to the calculator here[2]) ~$28,000 in today's dollars [1] https://www.cargurus.com/research/1993-Nissan-Altima-c3078 https://www.cargurus.com/research/1993-Nissan-Altima-c3078 [2] https://www.calculator.net/inflation-calculator.html https://www.calculator.net/inflation-calculator.html
- pcurve 3y agoYeah I didn't mean to imply the Maxima was basic. In fact, I meant the opposite, because it costs $43k in today's money, yet hardly came with any features that you'd find in today's $30k cars.
- SketchySeaBeast 3y agoAh, ok, I was confused as to the point.
- lm28469 3y agoEven if true, min wages are stagnating once you account for inflation https://cdn.statcdn.com/Infographic/images/normal/18728.jpeg https://cdn.statcdn.com/Infographic/images/normal/18728.jpeg > cars are cheaper than ever factually false and easily verifiable, VW polo/golf current gen are 40%+ more expensive than V1s once you adjust for inflation: https://www.carscoops.com/2017/09/vw-golf-40-year-price-history-points-to/ https://www.carscoops.com/2017/09/vw-golf-40-year-price-hist... renault clio 1: 8000 euros (adjusted) renault clio 5: 20000 euros (current) peugeot 205: 9000 euros (adjusted) peugeot 208: 17000 euros (current) > It didn't even come with leather, power seat, sunroof, ABS, CD, or automatic climate control. It only had one airbag. No cars comes with the bare minimum anymore (mandatory safety features), they all have screens, infotainment, useless gadgets. If you just want to go from A to B you don't need a computer on wheels. Not even talking about maintenance, you can't do anything by yourself anymore
- xwdv 3y ago$30k Cars are not for people earning minimum wage. Take a bus or buy something sub $5k. Minimum wage uses the minimum viable transportation.
- qbasic_forever 3y agoThe average new car price is $48k now: https://www.caranddriver.com/news/a43611570/average-new-car-price-down-still-high/ https://www.caranddriver.com/news/a43611570/average-new-car-... Where are people going to find a $30k or less new car? Lol they don't exist. Nothing that can drive reliably is under $10k used too. Be as smug as you want but at the end of the day if minimum wage earners can't get affordable transportation then none of the treats you depend on and demand every day, like your coffee barista or your overpriced sandwiches, or your dog walker, etc. will be available.
- danielrpa 3y agoI paid 29K+tax for my brand new Mazda CX-5 Select (not the cheapest model) 3 months ago.
- timw4mail 3y agoMitsubishi Mirage is $20k at most, last I checked. Not luxurious, but simple, reliable, and even has Android Auto/Apple CarPlay.
- jccooper 3y agoMazda dealer down the street will sell you a mid-range Mazda 3 for $25k. And those are quite good cars. A Kia Soul can easily be had for $22k, or a Rio for $20k or less. They're not quite as nice, but they'll work.
- hardware2win 3y ago>or buy something sub $5k. And spend shitton on regular repairs :) Cars are very efficient when it comes to keeping the poor - poor.
- 3y ago
- nawgz 3y agoYes, wealth inequality is massive. Most people I know could buy that car in cash without thinking about it. However, I must say: $30k is not that basic, my $30.5k vehicle came with 11" touchscreen, vision system for adaptive cruise control & lane tracking & progressive enhancement safety features, easy-to-fold backseats for a massive trunk, comfy & durable ride, and great seats. Pretty sure the real basic cars come in at 15-20k these days.
- WarOnPrivacy 3y agoWhere in the US are people driving a new car home after paying 15k-20k? I'm hearing 60k-80k from buyers and these folks are far from well off.
- nawgz 3y agoYou're hearing 60-80k from buyers who are buying Nissan Versa? Or from people who are buying Lexus/Tesla/Ford MachE? I find it hard to believe a car with a $15.5k MSRP is going for $60k, I'd love for you to elaborate on what you're saying...
- WarOnPrivacy 3y agoMe indicating the buyers aren't well off is me indicating they aren't buying luxury brands. Past that I rarely recall what a newer model is as I can't tell modern cars apart. I guess I also can't get past modern price tags. It sounds like you routinely see new cars that can be taken home after paying 15k-25k. What's an example of a sub 20k 4-door?
- nawgz 3y agoIt makes no sense to try to imply things cost $60k like that's a lot when you don't know what vehicles they are. Some vehicles cost $60-80k, but most don't. > What's an example of a sub 20k 4-door I already mentioned one. Nissan Versa. Here's a bunch of listings where you could buy a new vehicle for $18k today [0] [0]: https://www.redwoodcitynissan.com/new-nissan-versa-redwood-city-ca https://www.redwoodcitynissan.com/new-nissan-versa-redwood-c...