Another reason to keep your vehicle Longer! Is this Gas or Electric?of a new vehicle . Do I hear $50,090 ? Going , Going , Going , ... . The story is at AutoGuide .![]()
Plenty of new cars for sale below that amount. Seemingly people want the more expensive cars while believing (correctly or incorrectly) that they can afford these more expensive cars.of a new vehicle . Do I hear $50,090 ? Going , Going , Going , ... . The story is at AutoGuide .![]()
Your response made me think a bit deeper about the statistic that Cox is presenting.Headlines like this always remind me how misrepresented data can affect human decisions.
This data came from AutoGuide, owned by Cox Automotive, who also owns Manheim auto auctions.
Its great to be able to collect your own data and report on the same thing, and make folks comfortable and lazy with spending that much money.
The Cool Cars are above 50K, the not so Cool Cars are below 50K, that is JMO.Plenty of new cars for sale below that amount. Seemingly people want the more expensive cars while believing (correctly or incorrectly) that they can afford these more expensive cars.
Or you live in the rust belt.The Cool Cars are above 50K, the not so Cool Cars are below 50K, that is JMO.
I just want a car that can get me from Point A to Point B. LOL
If we all buy a car and use quality oils from the get-go like:
Valvoline Restore and Protect
Amsoil Signature Series
Mobil 1 ESP
HPL
The 4 oil's that I have listed will keep your vehicle running for a long time and you will not have to worry about getting a new car unless someone hits you.
The OP lives in the Salt Belt, and there are plenty of good products out there to keep the underside of the car from rusting out.Or you live in the rust belt.
of a new vehicle . Do I hear $50,090 ? Going , Going , Going , ... . The story is at AutoGuide .![]()
Right. It should be median that is more interesting. A new Corolla is probably $25k now? Should last 20 years if not rusting out.The key word here is AVERAGE. So, really a non story.
You might want to take that $17,959 price and do the Inflation Calculator thing in today's $Was better when average cost for a vehicle in 1995 was $17,959 .
Great point. That price would decline, a great deal. Large trucks and SUVs that make up a significant portion of theYour response made me think a bit deeper about the statistic that Cox is presenting.
What if pickups and SUVs were taken out of the mix, how would the $50K USD average price change, if at all?
Was better when average cost for a vehicle was around :
$10,500 in 1985 = $31,000 today
$17,959 in 1995 =$37,000 today
$27,958 in 2005. = $46,000 today
$33,990 in 2015 = $46,000 today
$50,080 in '25 ( thus far )
There are a lot of foolish folks out there buying new vehicles who somehow got stuck in their heads that extremely high vehicle costs equals high quality which is totally false in quite a few cases.Plenty of new cars for sale below that amount. Seemingly people want the more expensive cars while believing (correctly or incorrectly) that they can afford these more expensive cars.