Quote:
Originally Posted by strat61caster
But that's the thing, most companies aren't accounting for that, cell phones, electronics, clothing, food/agriculture maintain pricing throughout their cycle and adjust for the next in a trend that either leads to lower consumer cost or an improved product.
Except cars. The 2015 Scion FR-S is in most tangible regards the same car as the one I could purchase in 2012, for $700 more, the average consumer does not have $700 extra dollars today (measure how you will) than they did a few years ago, most areas are stagnating.
You totally could have shut me down by adjusting $24.9k in 2012 to 2015 dollars, I'd lose, the car should cost $26.1k today.
http://www.in2013dollars.com/2012-do...5?amount=24955
Edit: I also love how @ Tcoat thinks I live in Texas. |
Haha yeah I'd thought about that, just forgot to
Inflation has slowed considerably in recent years (it used to be a constant 4% or so IIRC) but there's still positive inflation going on. If inflation is supposed to measure the decreased buying power of a dollar YOY, it would make sense that prices on items should rise slightly (or that sizes/content should decrease).
Anyway I'm not sure exactly how inflation affects the car industry apart from in general concepts. I just threw that out there as a thought, but I do think it affects labor costs (people get raises, minimum wage has risen over the years, etc.) and raw materials costs.