| Compared to 1970, cars get more miles per gallon, cost less, and last longer. > Cars: MPG has not improved. Look at a corolla from the 70s vs today, it's about the same. This is not true, MPG has meaningfully improved. From the EPA, "[sedan/wagon, car SUV, truck SUV, pickup truck, and minivan/van] are at or near record high fuel economy and record low CO2 emissions in model year 2019" [1] New Vehicle estimated real-world fuel economy increased from ~14MPG in 1975 to 24.9MPG in 2019[1] >It now costs more to buy a car today than in the 70s The price of cars has risen below inflation: The annual inflation average 1970-2021 is 3.86% [2] From 1970 to 2019, cars had an annual inflation average of 2.04%. [3] Finally, a car today will last longer than they did in 1970. The typical car in 1970 would last until 100K miles. Today the typical car lasts more like 200K miles. [4] In summary, cars cost less, last longer, and are cheaper than they were in 1970. [1] https://www.epa.gov/automotive-trends/highlights-automotive-...
[2] https://www.inflationtool.com/us-dollar/1970-to-present-valu...
[3] https://www.in2013dollars.com/New-cars/price-inflation/1970-...
[4] https://www.nytimes.com/2012/03/18/automobiles/as-cars-are-k... |