It's a Myth: New Cars Are Cheaper Than You Think | Auto Expert John Cadogan

Thanks to MANSCAPED for sponsoring today’s video! Get 15% OFF + Free Shipping on The Lawn Mower 5.0 Ultra in colourway Desert Sand with code “AUTOEXPERT" at https://manscaped.com/autoexpert I will get you a great deal on home solar (or add a quality battery to your existing setup): https://autoexpert.com.au/solar I can also save you thousands on a new car: https://autoexpert.com.au/contact Here’s the uncomfortable truth: new cars feel expensive today — but when you adjust for inflation and wages, a lot of them are actually cheaper than they used to be. In this video, I compare real-world new-car prices across several familiar nameplates — including LandCruiser, Patrol, HiLux, Mazda3, RAV4 and BMW M3 — using CPI and average weekly earnings to test the claim that new cars have become wildly unaffordable. The results are not what most people expect. Yes, the sticker prices are higher. Yes, household budgets are under pressure. And yes, some parts of car ownership have become more expensive. But the popular claim that new cars are universally less affordable than they were in 2000, 2010 or 2016 does not survive contact with the data. If you’re thinking of buying a new car — or just sick of hearing nostalgia dressed up as economics — this one is for you. In this video: Why sticker price is not the same as real affordability CPI-adjusted car pricing explained Average weekly earnings versus new-car prices How today’s LandCruiser, HiLux, RAV4, Patrol, Mazda3 and BMW M3 compare Why “cars were cheaper back then” is often wrong What has genuinely become more expensive for motorists New cars are expensive. But compared with your income and the value of money over time, they may not be the rip-off everyone keeps telling you they are.