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People don't have to buy premium cars or EVs. There are still Civics and Corollas. Bells and Whistles and EVs have driven up the average price for a new car r
by mc32 3y ago
People don't have to buy premium cars or EVs.
There are still Civics and Corollas.
Bells and Whistles and EVs have driven up the average price for a new car ridiculously.
- baggy_trough 3y agoCivics and Corollas have gone up quite a lot.
- dsr_ 3y agoMinimum price on a new Corolla is $23K. New Civic: $24K. Source: just checked the respective websites. That implies a $50K annual income, by the article's method.
- SoftTalker 3y agoA lot of the bells and whistles are regulatory requirements. I'd love to be able to buy the equivalent of a new 1980's Corolla, or a MKII VW Golf. Can't because it's impossible to sell such a car new today.
- tuckerpo 3y agoA brand new base trim Corolla is still something like $25k.
- lm28469 3y agoEven a yaris costs 15k new, a civic is almost 25k Min wage will net you about 15k per year, if you don't spend a cent on anything
- mc32 3y agoAs a teen earning min wage-ish, we aimed to get 10-15 yr old beaters, not new cars.
- oldbbsnickname 3y agoInterestingly, in late 2005, a base 2005 Infiniti G35 6MT Sport Coupe was $31,625 while a loaded 2005 Honda Accord EX was $34,565. That was the only vehicle I bought new. I have an '85 VW Westfalia now where most parts are NLA. :]