4 ms·
Your stat is too narrow and misses a lot of important factors. It's better to just use a stat that summates all of them, such as the average cost of a new car.
by phendrenad2 1y ago
Your stat is too narrow and misses a lot of important factors. It's better to just use a stat that summates all of them, such as the average cost of a new car.
The average new car today costs about $48,000 [1]. The average new car in 2010 was about $24,000 [2]
[1] https://www.cnbc.com/2025/03/08/a-new-car-costs-nearly-50000-heres-how-much-youd-pay-per-month.html#:~:text=A%20new%20car%20costs%20nearly%20$50%2C000%20on%20average:%20Here's%20how,you'd%20pay%20per%20month&text=It's%20becoming%20increasingly%20expensive%20to,new%20car%20fit%20your%20budget. https://www.cnbc.com/2025/03/08/a-new-car-costs-nearly-50000...
[2] https://www.energy.gov/eere/vehicles/fact-744-september-10-2012-average-new-light-vehicle-price-grows-faster-average-used https://www.energy.gov/eere/vehicles/fact-744-september-10-2...
- M95D 1y agoAverage of what? All of car models available? All actual cars available to be bought? Cars that are actually sold, not just sitting in lots like Teslas?
- phendrenad2 1y agoI didn't say it was a perfect stat, but if there's something better I'd love for you to share it with us.