3 ms·
The CPI's hedonic quality adjustment means that this graph doesn't mean what you think it means.
by Mindless2112 1y ago
The CPI's hedonic quality adjustment means that this graph doesn't mean what you think it means.
- UltraSane 1y agoCars HAVE gotten a LOT better over time.
- slaw 1y agoCars today are better than 50 years ago, but not much better than 15 years ago.
- reaperducer 1y agoCars today are better than 50 years ago, but not much better than 15 years ago. You must be young. Cars used to last five years before falling apart. It helped drive the whole auto leasing industry, because nobody wanted something that turned into an old rust bucket in half a decade. The reliable Japanese cars came in, and every marker suddenly started offering five, eight, and even ten year partial warranties. Today, a ten-year-old car is very common. I kept mine until it was 12-years-old, and in that time it never had a breakdown. Just tires, oil changes, and many lightbulbs. My previous cars (Volkswagen, Isuzu, Ford, Ford, Mercury) had long been scrapped by then.
- msgodel 1y agoI don't know if you're aware but y2k was almost 30 years ago. My 2006 Corolla was going pretty strong up until a few years ago.
- UltraSane 1y agoI own a 2002 Saturn and cars made in the last 5 years feel like space shuttles by comparison.