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Reply to "How are there so many $60, $70, $80+ thousand dollar cars on the road??"
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[quote=Anonymous]Another angle no one has mentioned is that luxury cars have actually gotten cheaper when adjusting for inflation compared to 20-30 years ago. In 2000, 30k was the entry point for a BMW or Audi. Today it's in the low 40s. But in 2000, 30k was the annual tuition at an expensive private college, which is now pushing 90k! Housing has more than doubled in value in the last 20 years for most major areas. [/quote]
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