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- Wyatt
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This post was on Wolfstreet which is one of my favorite sites to visit. For anyone who says there are no good news sites, the guy breaks down complex economic news with a no BS approach. Highly recommend.
OVERVIEW: similar to the Big Mac index for measuring annual inflation Wolf compares annual msrp of the Camry to the Fâ150 and charts out the results. The crux of his findings: Ford (and others) have been gouging Americans for years now who are all the ready to pay crazy prices for their full size trucks, especially when compared to price increases for other types of cars. (Sound familiar Bronco afficianados? Are we all sheep?).
Year-over-Year, change of MSRP:
F-150 XLT: +10.9% (+$4,680)
Camry LE: +1.8% (+$475)
CPI New vehicles: +2.3%
From 2020, change of MSRP:
F-150 XLT: +39.4% (+$13,460)
Camry LE: +5.8% (+$1,450)
CPI New Vehicles: +21.7%
Since 1990, change of MSRP:
MSRP of F-150 XLT: +267%
MSRP of Camry LE: +77%
https://wolfstreet.com/2023/12/15/t...up-their-party-f150-xlt-camry-le-price-index/
OVERVIEW: similar to the Big Mac index for measuring annual inflation Wolf compares annual msrp of the Camry to the Fâ150 and charts out the results. The crux of his findings: Ford (and others) have been gouging Americans for years now who are all the ready to pay crazy prices for their full size trucks, especially when compared to price increases for other types of cars. (Sound familiar Bronco afficianados? Are we all sheep?).
Year-over-Year, change of MSRP:
F-150 XLT: +10.9% (+$4,680)
Camry LE: +1.8% (+$475)
CPI New vehicles: +2.3%
From 2020, change of MSRP:
F-150 XLT: +39.4% (+$13,460)
Camry LE: +5.8% (+$1,450)
CPI New Vehicles: +21.7%
Since 1990, change of MSRP:
MSRP of F-150 XLT: +267%
MSRP of Camry LE: +77%
https://wolfstreet.com/2023/12/15/t...up-their-party-f150-xlt-camry-le-price-index/
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