3 ms·
30k is significantly less than avg priced internal combustion engine cars.
by pcurve 3y ago
30k is significantly less than avg priced internal combustion engine cars.
- margalabargala 3y agoDepends how you measure. If you enumerate the ICE cars for sale, the mean and median is much higher than 30k, yes. If you enumerate the cars purchased in a given year (and ESPECIALLY if you include used cars), the median price paid for a car may be well under 30k.
- pcurve 3y agoATP for a new car in July was $48,334. For used cars, it was $29,5k last quarter. $30k is a lot of money for sure. But it does not get you much car these days, new or used.
- margalabargala 3y agoAgain, that's skewed upwards because there's no upper bound on the price of an expensive new car, but the lower bound of a cheap new car is 0. The mean price of a car, like the mean price of a house, is much less meaningful than the median.