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by ericmcer 295 days ago
Eh cars are one of the few areas that haven't been crushed by inflation unless you buy some stupid giant SUV. Honda civic costs less than it did in the 90s/00s (adjusted for inflation). Tons of affordable sedans out there, people just like getting giant $50k+ cars, I have no clue why.
2 comments

> Honda civic costs less than it did in the 90s/00s (adjusted for inflation)

Adjusted to inflation Honda Civic costs slightly more today in Canada than it costed on 2015. I'm not sure that the median salaries grew at the same rate.

In Poland I bought new Toyota Corolla fpr 127k pln after promotions (that was 2021).

Three years later I sold the car for 142k.

Adjusting car value, a 3years decrease, it should cost around 70k. But it doubled in price.

So at least here inflation on new / few years used cars is around 100%.

Its a terrible moment to buy used cars. You are way better off buyin a new car for 150-200k. Coz promos you get will drop its price by almost 30%.