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Message Subject
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How is this 30 year old truck worth 30k?
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Poster Handle
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LTHN. |
Post Content
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30000 in 2023 = 15000 in 1995. The money is worth half of what is was worth in 1995. And that is being hopeful as it based off of a manipulated cpi calculation. In short, your money is being made worthless, and it will become increasingly difficult to estimate the real value of a thing without considering multiple factors.
Basically, you need triple the money now for everything you once enjoyed.
Quoting: Anonymous Coward 85891047 It is worse than that. 4x from just 2010 for most engine blocks. A 350 longblock performance from Jegs was $1500 in 2020. It is $6000 now. SAME ENGINE. . . . . . Quoting: WyatteSmith That’s a HUGE increase!!!
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