Have cars actually gotten more expensive over time?

1970s Pontiac Dealership adIt’s a common complaint we hear from shoppers: new cars have gotten too expensive. The math, at least on the surface, seems to agree with this statement. The average transaction price of a new car rose to over $ 34,000 last year, compared to about $ 28,800 10 years ago and under $ 20,000 a decade earlier. A buck today goes about as far as $ 1.15 did a…
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