Shit, entry-level cars still run you $20k or better in the US, and that’s without any options. I just had to price a new car last year and literally nothing new was on the market in my area for less than $25k. Your old Toyota Tercel that you bought for $6k in the 80s doesn’t exist anymore. That brand-new Camry that’ll run for 30 years and only costs $12k is now double that, at least.
I got a 2023 Hyundai Elantra Limited with all the options for $27,000 earlier this year and that was brand new. The standard/base Elantra was several thousand less. There was another model below the Elantra for even less. I also didn’t haggle and took the price as marked, so who knows. Perhaps someone more charismatic than myself could have done better on it.
I still over paid, don’t get me wrong. The same car with all the features before Covid would have probably been around $22-23k.
Shit, entry-level cars still run you $20k or better in the US, and that’s without any options. I just had to price a new car last year and literally nothing new was on the market in my area for less than $25k. Your old Toyota Tercel that you bought for $6k in the 80s doesn’t exist anymore. That brand-new Camry that’ll run for 30 years and only costs $12k is now double that, at least.
$6000 in 1980 is equivalent to over $23k in 2023.
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=6%2C000.00&year1=198001&year2=202309
I got a 2023 Hyundai Elantra Limited with all the options for $27,000 earlier this year and that was brand new. The standard/base Elantra was several thousand less. There was another model below the Elantra for even less. I also didn’t haggle and took the price as marked, so who knows. Perhaps someone more charismatic than myself could have done better on it.
I still over paid, don’t get me wrong. The same car with all the features before Covid would have probably been around $22-23k.