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by dgoodell 1137 days ago
They say there are fewer new cars available at $21k today than in 2017. Did they take into account inflation?

$21k in Jan 2017 is nearly $26k Jan 2023. There seems to be plenty of new cars that cost that amount.

3 comments

Inflation has gone up in no small part due to cars. They’re one of the biggest factors and people who aren’t buying them or driving heavily have seen far lower rates of inflation.
Inflation has gone up due to the reckless money printing, car prices just reflect this fact.
…and supply chain issues, a war in Europe, and opportunistic corporate profiteering…
Wages aren't going up with inflation. So if people couldn't afford a $26k car in 2017, how do you think they can afford it now?
You can adjust for inflation when wages follow it. I wonder for what proportion of the populaton it's the case.