• scoobford
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    24 days ago

    That’s been the case for at least the past couple of decades. The massive price increases have been over the past 4 years.

    • ryathal@sh.itjust.works
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      24 days ago

      Cars have been going up a long time before the last 4 years. 72 and 84 month auto loans being a thing at all is proof of that.

      • scoobford
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        24 days ago

        Average car price before the pandemic was about $38k. By 2023, it was $49k.

        The trend has been ongoing for a long time due to general inflation and a growing preference for SUVs, but it went fucking bananas during the pandemic, and auto manufacturers have taken advantage.