Because the VALUE, of the dollar continues to fall, thus meaning it takes a lot more of them to make a purchase.
Because the VALUE, of the dollar continues to fall, thus meaning it takes a lot more of them to make a purchase.
If anyone is looking for a Ford let me know. I'm the Fleet/Commercial Manager at a Ford Dealership in Central Florida.
Happen to have the window sticker from my '98 F150 XLT. MSRP is "$24,780".
FORD's 2013 MSRP for F150 XLT is "$28,685" which is a $3905 change, so that's about a 15% increase in 15 years.
Why are FORD's published figures (about a 15% increase in 15 years) so dramatically different from yours ("about a 50% increase in 6 years")?
Let's look at the veracity of the original contention suggesting prices have been going "up 10% every year and in some cases 20%" by plugging in a 1998 FORD XLT at MSRP $24,780 & the minimum increase of "10% every year":
'99 $27,533 - 2000 $30,593 - '01 $33,992 - '02 $37,769 - '03 $41,965 - '04 $46,628 - '05 $51,809 - '06 $57,565 - '07 $63,961 - '08 $71,068 - '09 $78,965 - '10 $87,738 - '11 $97,487 - '12 $108,319 - '13 $120,354
Last edited by FibberMckee; 11-12-2012 at 12:49 PM.
i have a optioned out 2011 Mercury Milan aka Ford Fusion that stickered for 27k. They went up about 1.5k per year since 2008. The new Chrysler 300 went up 7k in one model year. A new fully optioned F150 goes for 40k plus. Popular vehicles sell for what the markey will bear, has nothing to do with Union vs non Union labor. Another fallacy exposed.
Corruption is the enemy. Lobbyists and the FED have ruined the country.
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No matter how peaceful, humanitarian and tolerant you are, no matter how well-meaning and honorable your goals - if you ask for a new government law, program or plan, ultimately that program will be paid for with property taken by force from others and the law will be enforced at the point of a gun.