I'm going to have to blame a large part of the rise in price on inflation. The value of the dollar decreases by about 3% every year... so over the course of 13 years, the price of cars SHOULD have increased by approximately 39% but thanks to the government help that you mentioned, we consumers only have to put up with a 15% increase.
2006-09-02 09:45:09
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answer #1
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answered by irchriscdk 2
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Inflation, more safety and air quality requirements. What was the price of a bag of chips 13 years ago? or a bus ride?
2006-09-02 16:35:07
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answer #2
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answered by Mike C 4
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I Know Madden NFL 07 cost $40 on PSP $50 0n PS2,Gamecube,X-box but it cost $60 or $70 on X-Box 360!
2006-09-02 16:37:13
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answer #3
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answered by J-Kidd "07" 4
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Labor costs that have gone up way over 15 percent, Health insurance and benifet costs that have over doubled.
EPA and OSHA requirements
I am surprised that the price has not doubled.
2006-09-02 16:39:59
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answer #4
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answered by Anonymous
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Probably the same reason gas is $3.00 something a gallon when it use to be .25 cents a gallon.
Same reason minimum wage is fast approaching $8.00 and hour when it use to be in my days $1.79 an hour.
2006-09-02 16:35:32
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answer #5
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answered by 'Barn 6
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Well, inflation is one thing. I think just about everything is 15% more expesive than it was 13 years ago.
2006-09-02 16:35:48
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answer #6
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answered by Anonymous
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IN real terms, I believe that cars in the UK are now considerably cheaper than 13 years ago.
This is because the manufacturers are ripping us off slightly less now than they did then.
2006-09-02 20:42:40
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answer #7
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answered by aarcue 3
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Higer demand, higher material prices, higher labor prices, new technology, taxes, inflation, higher emmisions standards.
2006-09-02 20:27:59
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answer #8
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answered by 1970boss302mustang 2
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because now the cars are more sofisticated than 13 years ago cars, today cars now have GPS systems, televisions with dvd's, computer's inside them, how the heck are not gonna be more expensive.
2006-09-02 16:41:07
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answer #9
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answered by Anonymous
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Inflation, and China has been buying up all the natural resources they can, so it's driving those prices up too
2006-09-02 16:40:22
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answer #10
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answered by trickyschum 2
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