- Jun 18, 2006
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All I'm saying is that it is at a rate greater than inflation and is not sustainable. Using your calculator, thanks by the way, a 2004 35000 product should cost 39509. The increase in unseen safety and other technology is appreciated but not within the budget for most americans.
If we calculate only for inflation. Then that $3000 car from 1976 should cost 11k today. the difference is a 300% increase in cost, which if we continue at this pace a standard sedan will cost 60k in 10years, 90k in 20 and 120k in 30 years. I don't think inflation or anual salaries will keep up.
If we calculate only for inflation. Then that $3000 car from 1976 should cost 11k today. the difference is a 300% increase in cost, which if we continue at this pace a standard sedan will cost 60k in 10years, 90k in 20 and 120k in 30 years. I don't think inflation or anual salaries will keep up.
