Bringing $150K - 395K now here in Oz.
When I went looking for a new car after graduation with my dad in '72 you could buy a new Datsun for $2K.
$49 down and $49 a month.
Saw a Jaguar XKE in the showroom of a dealer. Sticker price was $9K.
OK.I do not go by what that journal has ever wrote for more the 4 decades; I consider it misinformation most of the time.
OK.
Then how about this:
https://www.cars.com/articles/2023-cars-com-affordability-report-best-value-cars-461158/Or this:
https://www.caranddriver.com/news/a43611570/average-new-car-price-down-still-high/Or this:
https://www.kbb.com/car-advice/when-will-car-prices-drop/"According to Kelley Blue Book data, new car average transaction prices (ATP) remained steady month-over-month in April at $48,275"
The reason car prices are so high the past few years is mainly because of supply chain issues. The factories cannot produce enough cars to meet demand because of a shortage of electrical components.. No chips, no computer modules, less cars being produced. And those that are being produced are the higher end models. Makes business sense. Would you put limited modules in an expensive car and sell it or a cheaper one? Law of Supply and Demand: reduced inventory, higher demand, higher prices.
As for the VW electric bus, they sell for around $60K+ in Europe according to the article. I would be surprised if the US version doesn't sell for more, since it's a longer version.
But the hippies of the 70s are now the mid and upper managers of the 20s.
They might have deep enough pockets.
I grew up in that era as well.and NO the real hippies are not mid and upper managers, I grew up in that era. The Mid managers and some VPs were week end hippies, they did not live in bare feet and live in the mini busses .
The Toyota dealer emails me monthly to trade my Tundra on a new car. One day I will. The reason is the Tundras are hard to get due to demand.
Peace.Most of that is dealers that are ripping folks off over MSRP and not negotiating at all.
When I was in college I saw an ad for the Bradley GT conversion kit.I was always in awe of the simplicity of the Type 1 Bug and its variants. Simple = Cheap and Reliable. Separate the cylinders, put big fins on them, don't overstress the engine, and you can make it air cooled and eliminate a ton of potential problems. Make the chassis a stamped steel pan and bolt the body on. Put the engine where the driving wheels are and get rid of the prop shaft and separate differential case (back when all cars were RWD). Use torsion bars instead of coil springs. I could go on and on... just an engineering masterpiece IMHO.
Yep, back in the day the simplicity of a VW (bug or van) was a huge part of its appeal. In college we once rebuilt a VW bug motor over a weekend. Block the engine , unbolt it, two guys lift the rear of the bug and walk it forward past the motor, two guys pick the motor up and put it on the kitchen table for a rebuild. Easy.I was always in awe of the simplicity of the Type 1 Bug and its variants. Simple = Cheap and Reliable. Separate the cylinders, put big fins on them, don't overstress the engine, and you can make it air cooled and eliminate a ton of potential problems. Make the chassis a stamped steel pan and bolt the body on. Put the engine where the driving wheels are and get rid of the prop shaft and separate differential case (back when all cars were RWD). Use torsion bars instead of coil springs. I could go on and on... just an engineering masterpiece IMHO.
When I was in college I saw an ad for the Bradley GT conversion kit.
Gull wing doors, pop up headlights.
Uses your own VW bug engine and chassis. You unbolt the VW body and bolt on the Bradley fiberglass shell.
Then install the wiring harness.
But the price was just as much as a new Toyota sub-compact and didn't even include the motor, chassis and instrumentation.
So I passed.
Sigh.
View attachment 584785
May I point out that a 2018 Tundra is:
$38k + 15 years($2k/year) = $68k
While the 2024 VW van can be projected to be around:
$60k + 15 years($500/year) = $68k
I mean, you can tweak the numbers but you can’t say the VW van is much more expensive.
You can jab away for no reason, but I replied before you posted:2018 to 2023 is 15 years ?? I have no idea on your math
I mean, you can tweak the numbers but you can’t say the VW van is much more expensive.
I'd be curious how this is calculated but I think it is somewhat meaningless. There are Ferraris and Bugattis that cost very much and probably skew the average. For that matter you can probably buy a Chevy Suburban for nearly $100k, I know that the new Jeep Grand Wagoneer is up there close and the highest Cadillac V is also way up there. I think an average of the cars that most people buy, the Toyotas and such, would be more meaningful. Leave out the small percentage of very expensive vehicles. Every vehicle I've ever bought cost less than $48,275 and I didn't consider all of them to be below average."According to Kelley Blue Book data, new car average transaction prices (ATP) remained steady month-over-month in April at $48,275"
It is an average of all cars (or whatever category they selected). An average is a very basic measure in statistics. You can cherry-pick your categories to get whatever answer you want, but that isn't how you should use statistics .I'd be curious how this is calculated but I think it is somewhat meaningless. There are Ferraris and Bugattis that cost very much and probably skew the average. For that matter you can probably buy a Chevy Suburban for nearly $100k, I know that the new Jeep Grand Wagoneer is up there close and the highest Cadillac V is also way up there. I think an average of the cars that most people buy, the Toyotas and such, would be more meaningful. Leave out the small percentage of very expensive vehicles. Every vehicle I've ever bought cost less than $48,275 and I didn't consider all of them to be below average.
I'd be curious how this is calculated but I think it is somewhat meaningless. There are Ferraris and Bugattis that cost very much and probably skew the average. For that matter you can probably buy a Chevy Suburban for nearly $100k, I know that the new Jeep Grand Wagoneer is up there close and the highest Cadillac V is also way up there. I think an average of the cars that most people buy, the Toyotas and such, would be more meaningful. Leave out the small percentage of very expensive vehicles. Every vehicle I've ever bought cost less than $48,275 and I didn't consider all of them to be below average.
Agreed. They should really use Median since even though Bugattis, McLarens and such aren't sold in large numbers, they can really skew the average ($38k vs. $1MM).It is an average of all cars (or whatever category they selected). An average is a very basic measure in statistics. You can cherry-pick your categories to get whatever answer you want, but that isn't how you should use statistics .
Other people would might select average. Depends what point you are trying to make.Agreed. They should really use Median
I feel that's more a matter of local supply and demand. Many are charged 10x+ as much for something at a ball game or stadium, but guess what? They still sell and continue because that's the market.A famous PodCaster in a not so good price wise city in Texas flew to Idaho to get his daughter a car at a decent not ripoff price and drove it back.
Average is what the average person usually understands.Other people would might select average. Depends what point you are trying to make.
and half the people are below average. Mathematical fact .Average is what the average person usually understands.
However, 100% of people believe they're above average.and half the people are below average. Mathematical fact .
Not really?The problem with Average is that it's highly dependent on large sample sizes to be reasonably accurate, whereas Median is somewhat less influenced by sample size. Theoretically with a large enough sample size they'll basically converge... assuming a nice Gaussian distribution.
Enter your email address to join: