Cars a couple years ago were the cheapest they have ever been in history. There was a point in like 2018 where a brand new base level sedan only cost like $12,000 after rebates. Cars and consumer electronics are the 2 items that have consistently dropped in inflation-adjusted price over the past decades (likely due to Chinese and other offshore manufacturing). Compare that to education, housing or healthcare - all of which have increased exponentially.
Cars a couple years ago were the cheapest they have ever been in history. There was a point in like 2018 where a brand new base level sedan only cost like $12,000 after rebates. Cars and consumer electronics are the 2 items that have consistently dropped in inflation-adjusted price over the past decades (likely due to Chinese and other offshore manufacturing). Compare that to education, housing or healthcare - all of which have increased exponentially.