Yes I remember when batteries were cheap. And vehicles. I also remember when you started making money at $3 and hour. People always forget that last part.
A F-150 base model started at 10,371 in 1990. Average wage was $21,000. so 50% of gross wages
Today it starts at $39,300. Average wage is $67,500 so 58% of gross wages.
So adjusted for real wages, the truck is 8% more expensive today. And what do you get for that 8%? Well:
Standard 400HP V8 (1990 F-150 came with the anemic 145HP I6 standard)
Modern safety tech (1990 F-150 had a collapsible steering column and a seatbelt, no airbags, no crumple zones).
Standard AC (add on option for F-150)
Standard cruise control (add on option for F-150)
Standard 4 way bucket seats (A XLT lariat feature in 1990)
Backup camera
Bluetooth
Modern traction and stability control
Copilot 360 2.0 (Blind spot monitoring and assist, AEB, lane keeping system, forward collision warning, ABS, parking sensors, ece)
I'd argue you get a lot more bang for your buck today then you did in 1990. Not counting the modern computer tech that had no equivalent, the rest of the features either match of beat the XLT lariat, which was $16,771, which after tax and title and blah blah blah, would have been as much or more then your entire annual take home pay post tax.
A F-150 base model started at 10,371 in 1990. Average wage was $21,000. so 50% of gross wages
Today it starts at $39,300. Average wage is $67,500 so 58% of gross wages.
So adjusted for real wages, the truck is 8% more expensive today. And what do you get for that 8%? Well:
Standard 400HP V8 (1990 F-150 came with the anemic 145HP I6 standard)
Modern safety tech (1990 F-150 had a collapsible steering column and a seatbelt, no airbags, no crumple zones).
Standard AC (add on option for F-150)
Standard cruise control (add on option for F-150)
Standard 4 way bucket seats (A XLT lariat feature in 1990)
Backup camera
Bluetooth
Modern traction and stability control
Copilot 360 2.0 (Blind spot monitoring and assist, AEB, lane keeping system, forward collision warning, ABS, parking sensors, ece)
I'd argue you get a lot more bang for your buck today then you did in 1990. Not counting the modern computer tech that had no equivalent, the rest of the features either match of beat the XLT lariat, which was $16,771, which after tax and title and blah blah blah, would have been as much or more then your entire annual take home pay post tax.
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