28 points blinding-streak 1 hour ago 11 comments

grumbelbart2 41 minutes ago | parent

That's the nature of inflation. Most things hit record highs every few years.

> While that $51,109 figure is an all-time high, that's only up 2.1% in the past year. > > "A 2.1% year-over-year increase is actually below inflation," said Erin Keating, an executive analyst at Cox Automotive who co-authored the report

irjustin 37 minutes ago | parent

It's sort of combined with the idea that "things are still high", or "they shouldn't be this high".

Uvix 28 minutes ago | parent

Unfortunately "make prices higher" is part of the financial plan for most if not all governments. What we have is what we asked for.

0xbadcafebee 2 minutes ago | parent

[delayed]

hvb2 37 minutes ago | parent

kube-system 24 minutes ago | parent

♪ In my country they have problem. And the problem is transport ♪

We’re going to hit a point here where we either need to figure out how to make cars affordable or build some damn public transit outside of a few cities.

xvxvx 23 minutes ago | parent

My 6 year old Toyota has only lost 10% of its resale value. They keep emailing and calling me, trying to convince me to sell it. The used car market is on fire right now, probably due to these inflated prices.

tonyedgecombe 17 minutes ago | parent

Six year old cars will be in short supply because of what happened in 2020.

yanhangyhy 14 minutes ago | parent

doesn't seems very high consider the income?

imp0cat 6 minutes ago | parent

And the quality of said new vehicle is also at a record high. /s