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this post was submitted on 03 Jul 2023
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Cars - For Car Enthusiasts
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The question is how long before cars are the same price as a house right now? Just 10 years ago you could get a car for around $22,000 now that same car is $45,000 and the materials are less expensive then they where then. Don’t get me wrong I understand price increases, been a thing for years. What I don’t understand is why someone would pay up to $75,000 for a truck that cost 35,000 just a 5 years ago when the quality has gone downhill. Why would anyone want a $1300 to $1500 car payment a month for a car that might last 5 years before breaking down somehow. And don’t tell me “it’s the cost of materials and labor.” This is nothing but pure greed. The labor force is making the same amount of money they were 5 years ago, materials may have gone up by 3%-4% over the same period. The only people coming out ahead are the CEO’s and banks.
That's probably fucked up reddit formatting I'll figure it out it out.
Anyway, thats not the case, not even what is cited above.
Users prefer decked out cars. A 75k truck is incredible comfortable, going to have nice leather cooled seats, high end stereo and nice infotainment.
You can still buy a cheap truck. Nobody but fleets do that.
In addition a 22k car, let's take the Impreza for example is an absurdly nice car compared to 10 or 20 years ago. Even the base model has AA/car play, Bluetooth, electric windows, and twice as many airbags. Your comment about quality has zero merit.