• madcaesar@lemmy.world
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    8 months ago

    Probably a mix of things. People are more desperate and cars have been artificially inflated in value. A fucking new kia is 40+k today

    • Kecessa@sh.itjust.works
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      8 months ago

      Adjusted to inflation they’ve basically kept up on price for the equivalent model, but income hasn’t followed inflation…

      • Evkob@lemmy.ca
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        8 months ago

        Another point: for equivalent models. Car manufacturers over the past two decades have been dropping the more affordable sedans and such from their lineups, favouring their more expensive SUVs.

      • Telodzrum@lemmy.world
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        8 months ago

        Real wages are actually up even against the high inflation of the last few years.

        • Alteon@lemmy.world
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          8 months ago

          Highly dependent on your industry and location. There’s a lot of people still on actual minimum wage. And it sucks…

    • criticon@lemmy.ca
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      8 months ago

      Out of all the brands you picked the one that actually has cheap models. A rio starts at 17k and a soul at 20k. Most of its vehicles, including SUVs are sub 40k