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Did you even read the article before making your comment? It is actually data driven like you are demanding, while your own comment is not beyond the most basic
by VerminOctopus1 1y ago
Did you even read the article before making your comment? It is actually data driven like you are demanding, while your own comment is not beyond the most basic sense. A superficial count of models below $25,000k MSRP is not adding to the discussion.
- tlogan 1y agoTwo examples: Example 1: The article claims that the affordable Nissan Versa Note cost $16,545 in 2019 and was discontinued. But not saying that this would be $21,168 in today’s dollars and they leave out an important detail: Nissan still sells the Versa in the US, just not the Note hatchback version. The current Nissan Versa starts at $17,190 according to Nissan’s own website: https://www.nissanusa.com/vehicles/cars/versa-sedan.html https://www.nissanusa.com/vehicles/cars/versa-sedan.html That’s actually about 20% less expensive than the inflation-adjusted number from 2019. Example 2: And then they claim that price increase is: 29.2% - just 3% more than inflation (but they did not want to mention total PCI). But even that number of 29.2% cannot be verified on BLS.gov nor fred.stlouisfed.org . I uploaded FRED and BLS data to chatgpt o3 and it says that new vehicle prices increased 22% from 2019 to 2025 - actually less then inflation: 2019: 146.220 2020: 149.091 2021: 166.653 2022: 176.463 2023: 178.269 2024: 177.552 fred.stlouisfed.org (slight dip from 2023) 2025: ~178.7 (May 2025) Overall, from 2019 to mid-2025 the index increased from ~146 to ~179, amounting to about a 22% cumulative rise in new vehicle prices. (https://www.bls.gov/cpi/data.htm https://www.bls.gov/cpi/data.htm - code CUUR0000SETA01).