In fact the high prices of new vehicles are linked with the fact that most finance it. Nobody cares how much does it cost. Everybody is interested how much to pay each month. Here we have a 50k pickup truck as a result. It is not inflation. In Asia they still have nice 20k trucks and 18k cars too.
You’re right about the payments. The monthly payment. That’s all that matters to these yahoos.
They don’t care that the average loan has gone from 4 and five years. To 6 and seven years.
“In Asia they still have nice 20k trucks and 18k cars too.”
Tata Motors. In India. Actually they mass produce millions of cars all over the world.
They could import a Tata Nano here in the US for sale at less than $5,000.00
https://en.m.wikipedia.org/wiki/Tata_Nano
This car is every bit as good and safe as your typical econobox sold here in the 80’s. But would the US allow them to be sold?
Hell No.