return2ozma@lemmy.world to News@lemmy.world · 7 months 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-up1468arrow-down123
arrow-up1445arrow-down1external-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.comreturn2ozma@lemmy.world to News@lemmy.world · 7 months agomessage-square198fedilink
minus-squareTubularTittyFrog@lemmy.worldlinkfedilinkarrow-up4·edit-27 months 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-squaregradyp@awful.systemslinkfedilinkEnglisharrow-up2·7 months 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.