@[email protected] to [email protected] • 1 year agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square198fedilinkarrow-up1554cross-posted to: [email protected][email protected]
arrow-up1554external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.com@[email protected] to [email protected] • 1 year agomessage-square198fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilink4•edit-21 year agopretty much. i purchased a new car in 2018. it was 20K. that same car today is close to 30K. in another 5 years it will be closer to 40 probably.
minus-square4gramslinkfedilinkEnglish2•1 year agoRight, my fully loaded vehicle was like 43k all in when I bought it in 2016. Today, the same car with the same trim level (granted a newer model) costs over 20k more.
pretty much.
i purchased a new car in 2018. it was 20K. that same car today is close to 30K. in another 5 years it will be closer to 40 probably.
Right, my fully loaded vehicle was like 43k all in when I bought it in 2016. Today, the same car with the same trim level (granted a newer model) costs over 20k more.