I saw a print ad for a brand new Toyota Corolla back in 1974—something like $2500 or so. Running the inflation numbers: where are the $17K cars today? Why is the average US new car $50K now.

To be sure, I know there are a lot more regulations on car manufacturers now, and tech in the cars, but come on!

Querying Claude: "Manufacturers have responded by prioritizing profit, concentrating inventory at higher price points…", "2026 is the first year in the U.S. with no new car priced under $20,000."

Cars in the US are the ultimate regressive tax. The blue-collar worker that needs a car to get to work, the guy that mows lawns for a living, the maids… Sure, used cars are a thing (my first car in my 1984 was in fact a Datsun B-210 that I paid $400 for). But I think everyone has noticed that used car prices are through the roof as well.

The Japanese came in and handed the US car manufacturers their asses in the 70's. We might need something like that again.

New Corola is advertised at $25k. Fair price considering how many features you get vs 1974 car.