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The $25k car is going extinct?

(media.hubspot.com)
319 points pseudolus | 1 comments | 29 Jun 25 15:59 UTC | HN request time: 0s | source
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slg ◴[30 Jun 25 04:28 UTC] No.44419379[source]▶
I don't know why inflation is dismissed so quickly. The article lists the industry average price increase as 29.2% and the inflation value I got out of the US Bureau of Labor Statistics calculator[1] was 26.2%. So sure, "this isn’t just a case of inflation affecting the entire vehicle market" [emphasis mine], but it is mostly that.

[1] - https://www.bls.gov/data/inflation_calculator.htm

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dingaling ◴[30 Jun 25 05:36 UTC] No.44419788[source]▶
Retail inflation is based on the prices of goods, including new cars.

So it's pointless to compare car prices to inflation because they are part of the basis of the measure. Hence why they track closely.

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anon7000 ◴[30 Jun 25 05:46 UTC] No.44419835[source]▶
Then it’s pointless to compare nearly anything to inflation, which means inflation isn’t very useful. You can still find many product categories increasing in price more slowly than inflation. Some much higher than inflation. So it is useful to compare inflation
replies(1): >>44419848 #
ajkjk ◴[30 Jun 25 05:48 UTC] No.44419848[source]▶
But the question we're asking is why the price of cars went up. "Inflation" isn't an answer. Inflation is what we call the price of cars going up. It still happens for a reason...
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1. eloisant ◴[30 Jun 25 06:58 UTC] No.44420299[source]▶
If the cars prices simply follow inflation, then there is no point in writing an article about why car prices in particular have gone up. Just write about inflation in general.

Energy costs going up, raw materials costs going up, employees asking for raises because of the higher cost of living... And you have an explanation not just for cars but all industries.