Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer
Average U.S. vehicle age hits record 12.6 years as high prices force people to keep them longer
With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new — even though prices are down more than $2,000 from the peak in December of 2022, according to J.D. Power.
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My new favorite game is:
When the news says “high prices”, replace it with “low wages”; “inflation” with “paycuts”.
The whole economy starts to make a lot more sense.
Someone make this a browser extension
Yeah I mean even just go to BLS inflation calculator and put in car prices. Cars are cheap, but if federal min wage was equal to min wage in 1960 (and this is by official stats) it would be able $16 an hour. Cars are cheap, we're getting shafted on pay like hell. Hopefully tech moves so fast it just blows everything out of the water. Hopefully not literally. Hopefully not hell on the other side. Time will tell. But my backup is a shotgun to the forehead so I got my backup plan lol
Please don't have my backup plan. Truly a "if it's hell on earth" situation. It just gives me mild comfort I can extinguish at least my human consciousness is necessary. Lol