If you don't understand the monetary and fiscal happenings from that time you won't understand why prices have remained higher.
What the happened with auto part prices?
- Thread starter Rust_Belt_Pete
- Start date
Look at Autozone "AZO" stock history.
Oh no. I understand. That’s all over now though. If you don’t understand, then perhaps study new car sales and the stagnant inventory sitting on lots…. A fine example of the effort to continue the exorbitant prices blamed on Covid. Steel prices are as low as they’ve been in ten years, inventory is fat, and supposedly the economy is “strong”. I don’t believe in government controlling the market but every industry, service, and product price has to be increased to chase the made up narratives.
Did the tube get smaller as well?
The junkyard price for my 1995 Escort in 2000 exceeds the current junkyard price for a 2000 Camry (needs new engine at 178K miles).
When the alternative to fixing your vehicle is a new vehicle at astronomical prices, people are going to fix their existing vehicles. Parts manufacturers know this and jack up their prices accordingly.
Don't worry, the BLS has determined through hedonics that your oil burning 20 year old Camry has an FM Radio, something a 1975 chevy did not, hence used vehicle inflation is negative.
- Joined
- Mar 13, 2024
- Messages
- 225
^I agree with this. Imo the combination of COVID and it's aftereffects ie much higher labor costs (leading to higher raw material costs) + supply chain interruption + consumers shopping much more due to having more time on their hands was the perfect storm for greatly increasing the cost of everything.
Personally I think a lot of prices are gonna drop to pre COVID levels eventually. Not everything, but many goods and services will become lower. It's already being seen in used vehicle prices which have dropped quite a bit.
All this is just my opinion of course.
My dad fell and broke their glass shower door yesterday.
I replaced -- at their request-- with a shower curtain. I went to the local Ace because it's closer than HD. For a basic shower rod, hooks (granted, with rollers), an inner liner and outer fabric curtain, it was $89.33 after tax.
A shower curtain setup for $90. How do working families afford this?????
I've read that people have opened multiple Amazon webpages for the same item with different prices which is crazy.
This is circumstantial, but I use Keepa for Amazon and watched a Moog steering linkage for my Ram for about a month. I finally pulled the trigger at the low point $360 before tax (marked in red). The next day it bounced higher then months previous. There are folks or algorithms at work screwing people over likely using the same exact tool.
Price setting is a complicated calculation. At the end of the day, prices are set by what customers will pay. Economics teaches us prices will tend to rise until consumption drops to an unacceptable level.
They did that to me too. Now get a discount by ordering online and I usually buy 4-6 at a time and pay $6 instead of $9 each and pick them up at my convenience. I also know that I am getting OEM and not fakes.Toyota dealer is also gouging as well. Charged me $13 for a YZZN1 filter and plug gasket.
bought RTV blue and red yesterday...both were $6.75, then I got a 15% discount.
I don’t know the answer to this post but they’re pushing us to have no cars and everybody on mass transit. Long term
Similar threads
