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13 years ago
Auto Exects say Car of the Future wont be cheap
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- posted
13 years ago
Yep, the prices keep going up for cars.. Never seen them come down. Except if you bought something from India or China.
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13 years ago
My first new car was purchased in 1968. In the subsequent 42 years I always found that the car of the future was priced more than the car of the past.
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13 years ago
But, adjusted for inflation, how much money would a new 1914 Ford Model T car cost today? A U.S.Dollar in 1900 would buy a lot more than it does today. cuhulin
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- posted
13 years ago
Depends on what you want. A Tata Nano of today is a far superior vehicle in every respect compared to the Model T and is also relatively less expensive.
The fortunate good news is that the those so called "experts" are also wrong as such experts commonly are, with the exception that in addition to cheaper cars, there will also simultaneously be more expensive cars.
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- posted
13 years ago
The inflation adjusted price of a Model T today means nothing because there is not a comparably unequipped car to compare it to. However, if we inflation adjust the $550 1914 Model T to 2010 prices we have a price of roughly $12,000. That is for a car with little more than seats, doors, a 2 speed transmission, and a single transmission drum brake. We have thankfully progressed.
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- posted
13 years ago
The thing is... there's more of a difference between the Model T and the Model A, than between the Model A and the current model Ford Focus.
There's been a lot of progression, but the progression has slowed.
--scott
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- posted
13 years ago
Henry Ford put the World on wheels.He also put the Nation on wings.
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13 years ago
The idea of comparably equipped IMO is something that is used to hide inflation officially. Increased productivity will by its very nature bring about more for less. Productivity has increased dramatically since the model T days. Inflation is a mechanism by which governments and/or banks can take a slice of the increased productivity for themselves relatively not noticed by the population.
Deflation (of the prices of goods) is the natural state of free market enterprise, and this can be seen in products that beat the rate of inflation. Prices continually decline in constant dollars. Electronics is a prime example.
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- posted
13 years ago
Or a Pontiac in the last year.
Econo-cars
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13 years ago
He's also responsible, unfortunately, for the formation of unions, which have long overstayed their need, and ironically enough one of the main reasons Ford can't be competitive.
Econo-cars
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- posted
13 years ago
snipped-for-privacy@webtv.net wrote in news:9270-4CFD0694-7948@storefull-
3172.bay.webtv.net:
The US-market auto of the future is /prohibited/ from being cheap. The cost of regulations and legislation ensures that.
And hey, have you heard that Ray LaHood now wants to put backup cameras in all new cars? It's estimated to cost about $2-billion, and to save about
100 lives a year. That's only $20,000,000 per life saved. Such a deal!- Vote on answer
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13 years ago
I heard/read about those back up cameras a week or so ago.Some people still wont watch where or what they are backing up to. cuhulin
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13 years ago
Most politicians/political appointees have a demonstarted lack of brains, and this bunch are the poster children.
Ooops...meant to post that in Toyota... ;)
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13 years ago
snipped-for-privacy@panix.com (Scott Dorsey) wrote in news:idje9n$npf$1 @panix2.panix.com:
I'd love to see your point-by-point comparison of those two.
It has slowed for two main reasons:
1) the technology is mature and highly-developed, so changes are incremental; 2) North American tort, regulations, and legislation essentially prohibit the manufacture of anything really different.- Vote on answer
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13 years ago
m6onz5a wrote in news:509fa942-86b8-4c50-90bb- snipped-for-privacy@u25g2000pra.googlegroups.com:
Car prices went down like a rock from about 1908 to about 1930, when the technology was very new. This is what happens to ALL new technologies.
An automotive magazine back in the '80s (R&T?) did a study to see how prices compared over a period between (I think) 1970 and 1985. Many things were cheaper in '85 than they were in '70, but cars had held steady: when adjusted for inflation, cars cost the same in '85 as they did in '70. The authors attributed this phenomenon to the cost of the many regulations that had been enacted in between those years.
I've read that North American regulations and legislation (plus the current fad for multiple airbags) add some $3-4,000 to the price of a new car, and that's the same whether the car is a Kia or a Lexus.
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- posted
13 years ago
Brent wrote in news:idjhfm$gm3$1 @news.eternal-september.org:
Electronics are still a relatively new technology, so there's a lot of low-hanging fruit available.
Any new technology will see dramatic price reductions as the technology matures. By 1900, petroleum and steel had dropped to about 10% of their
1870 prices.Plus, electronics have mostly escaped regulation and legislation, so there are few barriers to innovation. Can't say that about cars, anymore.
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- posted
13 years ago
That statement is so brain dead stupid it must be some feeble attempt at comedy.
If cars cost the same in 1985 as they did in 1970 when adjusted for inflation that means the price of cars went up just the same amount as everything else did.
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- posted
13 years ago
1958 is relatively new technology? That's when the first Desoto electric fuel injector was used.
Econo-cars
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- posted
13 years ago
Several insurance companies are claiming that since backup cameras have become more popular there are more front-end claims. Apparently people are so busy watching the screen they forget to watch their front-end, dinging a wall or vehicle while carefully avoiding the behind object that is being displayed on screen. LOL.
Econo-cars