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re: Will new car prices max out?

Posted on 2/25/18 at 3:48 pm to
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
26885 posts
Posted on 2/25/18 at 3:48 pm to
I agree that car prices have gotten out of control.

At one point a Toyota 4Runner was meant to be a cheap, reliable car. Now the base price is something like $35k.

But if you don’t live in a place with reliable public transit, you don’t have a ton of options I guess.
This post was edited on 2/25/18 at 3:49 pm
Posted by tigerbandpiccolo
Member since Oct 2005
49284 posts
Posted on 2/25/18 at 3:50 pm to
Agreed. We’ve been watching car prices for the last year or two, and just having trouble making a decision because cars are just ridiculously priced. Especially for a full sized SUV. Those cars are as much as a house in many places. I just can’t wrap my mind around 75-85k cars that were maybe 38-40k brand new about 12 years ago.
This post was edited on 2/25/18 at 3:51 pm
Posted by LNCHBOX
70448
Member since Jun 2009
84464 posts
Posted on 2/25/18 at 5:18 pm to
quote:

At one point a Toyota 4Runner was meant to be a cheap, reliable car. Now the base price is something like $35k.



4Runners have actually been one of the more stable priced vehicles out there. A new SR5 with leather in 1996 was around $31k. And a new one is around $35k. That's not bad for over 20 years worth of inflation.

All the new tech and features in cars costs money to develop. Not sure why process rising is shocking to anyone. Everything costs more than it did 20 years ago.
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