In this bizarre economy everything seems to be going up in price, including real-estate, automobiles, labor, commodities. The real question is, what hasn't risen in price (even net of inflation rate)?
I needed a new car so last month I bought a modestly optioned, new Lexus RX 350. Darn, the best deal I could get was $1k off the MSRP. I was happy and lucky I didn't get gouged for a market premium fee. I had to wait several months to find one. I'm 70 yo and that is the most I've paid/closest to sticker MSRP of any vehicle I've purchased.
Another question to pose, is when will the shortages of everything and inflated prices end? Not soon I fear.
__________________
“God created war so that Americans would learn geography.”
― Mark Twain
|