This supports my hypothesis that living in the city with buses and trains is worth the higher costs.
We sold our car and moved to a modern developed city. Only been in on taxi in 8 months, but we ride the trains every day and walk to the local stores for most things. It works great and I would hate to go back to a car centric old world place.
Car prices will rise until all cars are self driving and nobody can afford to own them so you will rent driving time when you need transportation. This rental time will be even more expensive than ownership but it will be all you can afford.
You will get deals from driving subscriptions, but the ownership model will go away almost completely someday and big companies will continue to reap the rewards.
The rest of the world will just buy Asian cars and get on with it.
Seems like the average is inflated with $100,000 extended cab pickup trucks with luxury features. Which have taken over the market.
This has been news for 6 years... Associated Press really did axe their employees to think this is a story.
There is always a choice. If those overweight SUVs would be resting like lead in the showrooms and only the smallest and most cost effective offers actually move, producers would adapt. They aren't. (I am aware that producers do their best to advertise those high margin oversized cars but that doesn't change the above).
In Europe we have been seeing a similar trend, for some time. However I am happy to report that this appears to be changing right now. Not long ago, almost all new EVs were some oversized and overweight SUV stuff for fantasy prices. Finally however, we are starting to see more and more compact EVs that are practical, reasonably sized and relatively reasonably priced as well. Take the Renault 5 and soon the Renault Twingo for example. The former in a good version with big battery 33k EUR, the latter 20k EUR.
One of the main considerations when my wife and I got our larger car was all the other larger cars in the road. Nobody wants to be on the receiving end of texting soccer mom’s Escalade in a subcompact.
We’ll have our walkable cities for sure at this rate.
We'll have more people walking in cities, anyway.
I'm 60, I've never bought a brand-new car, and I doubt I ever will.
The car I'm driving now, which is two years newer than the car I drove for 18 years, is a 2006. I paid $6000 for it about eight years ago, and I'm very happy with it.
Yep, I find it insane people who buy a new car every few years. Cars don't just die after 4 or 5 years of use. Most of my Toyotas have 300k miles on them and are early 2000s. They will last way longer than most people assume. Just maintain the damn things.
Wouldn't it have been nice if the US had a mass-transit system like Europe or China? Oh well.

The mass transit system in Europe is inadequate, even.
Inadequate is hardly the word and extremely harsh for a system that most people benefit greatly from.
I'm not fretting, I'm simply not buying anything other than necessities until Pedolf is gone. I'll have a nice little pile of cash ready to go, assuming this nightmare ever ends.
For purchases that can be deferred without it being too painful, it's probably a good idea on purely financial grounds, since some of purchases now are going to go towards taxation, paying tariffs. Trump's earlier tariffs were overturned by the courts, but now courts are looking at the new, global, 10% tariff. Assuming that a future administration will roll back tariffs (or, I suppose, if courts overturn this and later attempts by the present administration at imposing tariffs) the same money would go further then.
Oh totally. I'm mostly doing it to create a financial buffer against uncertainty and because I want to do my (very small) part to damage Pedolf's economy.
Don't worry... that extra cost gets you more LCD displays and the ability to pay for a heated seat subscription.
Does US media know the difference between average and mean or median?
Yes and they use them all to get you to click.
New vehicles have been selling for an average price of $50k for years now. I don't know where they're getting their data, but I've read this same article numerous times over the years already.
A brand new motorcycle is only a few thousand. They basically pay for themselves in fuel costs after a year or two.
Also funeral bills are cheaper than hospital bills.
Plus there's a perpetual shortage of organ donors
Carbrained bikehate. Normalizing motorcycle use and road safety reduces squid-like behavior.
Lol squid-like? What's that mean? I haven't heard that one before.
Squids are the people you see on a motorcycle wearing a hoodie and tennis shoes.
Treating all motorcycle riders as "organ donors" ignores the millions who ride safely wearing all the gear all the time. You wouldn't refer to all car drivers the same way you would an army recruit fresh out of boot camp with a new mustang, so why would you do so with motorcycle riders?
Motorcycles are a legitimate form of transportation.
Yeah yikes, squids are scary to see. Thanks for taking the time to educate. :)
I really wish roads were safer for motorbikes. I was definitely jealous of my brother in law getting like 70 mpg on his Kawasaki lol.
Having to armor up for every ride quickly feels impractical here in the southwest U.S though, yeesh it gets HOT. Still no excuse to be a squid though.
Yep. There's always a new crop of motorcycle riders who think they're the greatest thing.
Ever been to a country where motorbikes are just a normal form of transport, for both 16 year old race boy and 75 year old great grandma?

New? Maybe a Chinese scooter around here. Cheapest motorcycle i can think of is 5k not to mention all the bs dealer fees the bike shops charge. Then there’s the fact that auto drivers care less and pay less attention to motorcycles than ever before. They seem to have the mentality of “it their fault for riding a motorcycle”. Meanwhile you’re splattered across the road. I miss my bike but no way i’d ride around here.
Chinese? A Kawasaki Ninja 500 is beginner friendly and has an MSRP of $5,4000. Add another $1k to get kitted out with a decent helmet and gear. So maybe $6,500 overall to get you started with a bike that does 50mpg.
You're gonna get dealer fees with a car or a bike so the difference is negligible, same goes for taxes or anything else on top of the MSRP. Either way that's over $40k saved going off the $50k car pricemark. Add another $40k or $80k to the car's price depending on how poorly you financed it.
Those car prices go nuts once you add in the financing.
I don't believe others being unsafe is a valid reason not to consider motorcycles as the same can be said for bicycles or any other mode of personal transportation that's not a car.
Your post said a few thousand. My point was there is no bike for a few thousand anymore. Even the Honda Rebel is insane. Dealer fees on a bike are crazy. Assembly, inspection, pleasure of us fucking you over fee. It’s ridiculous. As to others being unsafe. That’s a personal decision. The area i was in at the time i quit riding is pretty much heavens waiting room and those fuckers would intentionally pull out in front of you.
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