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Re: why new cars cost so much


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Posted by Bill(Wis) on January 24, 2014 at 12:54:41 from (24.115.134.65):

In Reply to: why new cars cost so much posted by Chris Jones on January 24, 2014 at 06:49:46:

Today's cars, with few exceptions, are the best cars to ever hit the roads. My first new car, 1957, cost me $2250. Big standard US 4 door sedan, V8 engine, auto-trans, radio and heavy duty heater. (heaters were optional equipment back then). 17 mpg. Now, I could get a car somewhat like that one only it would be difficult if not impossible to de-select, air-conditioning, power brakes, power windows, traction control, electronic stability control, ABS, heated rear window, tinted glass, air bags, power seats, power locks, CD player, aux audio input, seatbelts, 6 speakers, tilt telescope steering wheel, tachometer, radial tires that last 4 times longer than tires "back then", power outlets, rear camera w/park sensors, low tire press indicator, cruise control, and, of course, CUP HOLDERS! That big 4 door sedan I just described has an MSRP of $24628 and my price after discount would be $19628 excl tax and registration. Not even 10 times what I paid in 1957 and a LOT better car that should go 200k without any major problems. Needless to say, I'm making a lot more than 10 times as much money than in 1957 when I made $1.00 an hour.


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