Are automakers getting overly cheap?

[friendly_jacek]

Originally Posted By: grampi

You must have failed math. Inflation over the last 10 years does not equal doubling the price. Inflation has not risen 100% over the last 10 years...


Lets see who is math impaired here, LOL

gold in 2003 $350
gold in 2013 $1350 (on average)

crude oil in 2003 $40
crude in 2013 $108 (on average)

corn in 2003 $240
corn in 2013 $600 (on average)

We can go on and on.

Now, if you use government figures, different story.

 

[grampi]

Originally Posted By: friendly_jacek
Originally Posted By: grampi

You must have failed math. Inflation over the last 10 years does not equal doubling the price. Inflation has not risen 100% over the last 10 years...


Lets see who is math impaired here, LOL

gold in 2003 $350
gold in 2013 $1350 (on average)

crude oil in 2003 $40
crude in 2013 $108 (on average)

corn in 2003 $240
corn in 2013 $600 (on average)

We can go on and on.

Now, if you use government figures, different story.


That is not inflation...those are individual market items...not even close to being the same thing...

 

[Silverado12]

http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=14%2C000.00&year1=2001&year2=2013

Here's the govt's inflation calculator.

 

[Silverado12]

Gov't inflation calculator.

 

[friendly_jacek]

Originally Posted By: grampi


That is not inflation...those are individual market items...not even close to being the same thing...


Right. Because markets don't lie like the government statisticians.

You can lookup anything if you are interested in the truth.
Healthcare cost, tuition cost, food, anything, be my guest.

 

[friendly_jacek]

Originally Posted By: Silverado12
http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=14%2C000.00&year1=2001&year2=2013

Here's the govt's inflation calculator.


Here are the real figures:
http://moneymorning.com/2012/03/08/steak...inflation-rate/

Quote:
Officially, the U.S. Bureau of Labor Statistics (BLS) says the inflation rate, or Consumer Price Index (CPI), for 2011 was 3%.

But a report issued last week by the non-profit group American Institute for Economic Research (AIER) says the U.S. inflation rate for 2011 is far higher - 8%.

AIER used criteria based only on common daily expenditures to more accurately reflect how inflation affects consumers. Their index excluded less-frequently purchased items, like automobiles.

Economic consultant John Williams, an outspoken critic of the government's economic statistics, contends things are even worse.

Using the government's old methodology from 1980 - before politicians started to monkey with the formula - he calculates the real inflation rate is north of 10%.

 

[crazyoildude]

and no oil light only a fake oil idiot gauge. But those Mercury Grand Marquis are comfortable, safe and will run for 300,000 plus miles. Great cars!

 

[crazyoildude]

too bad the hondas automatic transmissions are so bad most of the engines are good

 

[SLCraig]

Some makes. Some are better than they used to be. Chrysler for one.

In the mid 2000's they were bargain basement in just about everything they made.

They are not like that anymore in most of their products, but some makes are a lot worse than they used to be as well.

I could get past the quality issues if I could at least have something fun like we used to have in the 90's. Manuals are hard to find, and fun cars for cheap are few and far between. That is my main concern with where things are going.