Re:It takes now 53 weeks salary to earn same as 30 weeks in ...
by NovemberWhiskey on Thursday February 20, 2020 @06:48PM
(#22379699)
It's hard to do with minivans, because the segment is pretty small.
But (assuming a 1996->2019 comparison) if you're looking at sedans, you can often go 'down market' for something that's objectively superior by almost every metric for very similar money.
For example, a mid-model Ford Taurus from 1996 (say $19K) is a much worse car than the base-model VW Jetta from 2020 that costs the same money. Slower, worse gas mileage, vastly inferior technology, safety equipment and so on.
Also let's not forget a good rate on a car loan in 1996 was 9%.
But (assuming a 1996->2019 comparison) if you're looking at sedans, you can often go 'down market' for something that's objectively superior by almost every metric for very similar money.
For example, a mid-model Ford Taurus from 1996 (say $19K) is a much worse car than the base-model VW Jetta from 2020 that costs the same money. Slower, worse gas mileage, vastly inferior technology, safety equipment and so on.
Also let's not forget a good rate on a car loan in 1996 was 9%.