The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on January 14, 2021, 02:07:25 AM

Title: Average new car price crosses $40,000 in 2020 and that's nuts
Post by: rcjordan on January 14, 2021, 02:07:25 AM
 - Roadshow
https://www.cnet.com/roadshow/news/average-new-car-price-2020/
Title: Re: Average new car price crosses $40,000 in 2020 and that's nuts
Post by: littleman on January 14, 2021, 02:35:02 AM
I think about this one a lot.  I could buy a car for $5k that will outlast a car that cost $55k.  Luxury is nice, but it isn't worth $50k.  So, what are people buying?  Perceived status.