New Dodge Camaro Dark horse 25k ADMs

SolarYellow

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The prices of these new cars are completely out of control. For 2024, the cheapest V8 Mustang you can buy will sticker at 43K. WTF. This is really sad for those of us who enjoyed new 10K Mustang 5.0 LXs. This is likely another reason the hobby is dying. With these prices, I really don't feel bad throwing some money into my 92 coupe.
I get what you are saying but $10K in say 1988 money isn't the same in 2023. Granted though, even in today's money it isn't close to $43k. Some of these vehicles are just ridiculous when it comes to price.
 

cobracide

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I get what you are saying but $10K in say 1988 money isn't the same in 2023. Granted though, even in today's money it isn't close to $43k. Some of these vehicles are just ridiculous when it comes to price.

$10k in 88 is now worth $25,289.10. We are almost double that here (170%). Yeah it's out of control.
 

13COBRA

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$10k in 88 is now worth $25,289.10. We are almost double that here. Yeah it's out of control.

More goes in to the prices than just inflation.

Minimum wage in 1988 was $3.35.

When you add up all the increases PLUS inflation, prices today should be 4-5xs what they were 35 years ago.
 

Zemedici

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More goes in to the prices than just inflation.

Minimum wage in 1988 was $3.35.

When you add up all the increases PLUS inflation, prices today should be 4-5xs what they were 35 years ago.

This

More tech

Dash, suspension, brakes Etc etc etc

All that shit cost $$
 

cobracide

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More goes in to the prices than just inflation.

Minimum wage in 1988 was $3.35.

When you add up all the increases PLUS inflation, prices today should be 4-5xs what they were 35 years ago.
Fair enough.
Average Household income '88 - $34,016.82
That $10000 car was 29.4% of the income

Average Household income '23 - $87,864
This $43k car is 49% of the income in '23.
 

13COBRA

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Fair enough.
Average Household income '88 - $34,016.82
That $10000 car was 29.4% of the income

Average Household income '23 - $87,864
This $43k car is 49% of the income in '23.

Back in 1988 the spread from lowest earners to highest earners isn't as wide as it is now.
 

SolarYellow

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This

More tech

Dash, suspension, brakes Etc etc etc

All that shit cost $$
Sure it's a little of that and a dash of the government requiring certain things. Imagine if Ford would offer a Mustang built as minimally as the customer wanted it rather than piling group after group of things one may not want for the purpose of said vehicle. The company would make it quicker and cheaper and sell 'em like crack rocks in Compton.
 

13COBRA

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Sure it's a little of that and a dash of the government requiring certain things. Imagine if Ford would offer a Mustang built as minimally as the customer wanted it rather than piling group after group of things one may not want for the purpose of said vehicle. The company would make it quicker and cheaper and sell 'em like crack rocks in Compton.

Sadly, the performance crowd makes up the minority when it comes to vehicles.

The majority of the customer base, wants them just like they are.
 

HudsonFalcon

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25k ADM!?

D34465C2-CF4E-4191-811A-ED2C3A98E715.jpeg
 

98 svt

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The first time I ever seen it was on a 07 GT500. It sat for over a year in my local dealership. I have no idea what it ended up selling for.

I remember there being an ADM on the PT Cruisers, and the retro Thunderbirds as well.
 

cobracide

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Do you disagree?
I'm done fishing, the wage gap has increased a new "hot rod" is only available to the high end wage earners. Average Joe is out.

I'm sure you're aware of the length of the average car loan is substantially longer now than in the past. The truth is - even the "average" new car is becoming out of reach for the average American.

No wonder Kia and Subaru thrive. Who would have ever guessed ADM on a KIA.
 

robvas

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Average joe can afford a hot rod.

It's just that there are some really expensive cars out there now that the average Joe can't afford. But YouTube etc makes it sound like everyone has one.
 

7998

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ADM has been around forever. I'm old enough to remember people paying over sticker and waiting for a basic Honda Accord. When the Beetle came out in 1998 people were paying $1000 over and $2500 over for a yellow one.

Me, I'll never pay over. I'll wait. I'd buy a new F-150 every 2 years or so, I'm still rocking my 2019 for now and will for a while at these prices.
 

cobracide

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Average joe can afford a hot rod.

It's just that there are some really expensive cars out there now that the average Joe can't afford. But YouTube etc makes it sound like everyone has one.
Sure some avg Joes can, no kids, no wife are the best options. Point being as a part of income it's WAY more of a burden now than it has ever been. I was working off of GT numbers at $43k.
 

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