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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: 0.288s | 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

replies(1): >>44419788 #
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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1. lostlogin ◴[30 Jun 25 10:04 UTC] No.44421423[source]▶
> 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.

What? So how do you use the CPI? To measure things no one ever buys?