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General Discussion / Re: What's going on in our car industry
« Last post by prodigyrf on July 04, 2025, 11:28:05 PM »Hang about just summarizing the highest percentage rises among those popular models gives-
i30 24.6%
CX5 20.7%
Sorento 24.1%
Prado 31.6%
Ranger 16.2%
Leaf 0.9%
Now while we know the story with EV development those figures generally fare well against the RBA inflation calculator of 30.7% (2014-2024)-
https://www.rba.gov.au/calculator/
Seems most cars have never been cheaper given the appointments nowadays but perhaps the incomes aren't keeping up which seems to be the opinion of our local MG man on the ground who reckons you're all paying too much for used cars and he's about to get right onto that
https://www.msn.com/en-au/news/other/used-car-prices-are-ridiculous-says-mg-boss/ar-AA1HRXGT
i30 24.6%
CX5 20.7%
Sorento 24.1%
Prado 31.6%
Ranger 16.2%
Leaf 0.9%
Now while we know the story with EV development those figures generally fare well against the RBA inflation calculator of 30.7% (2014-2024)-
https://www.rba.gov.au/calculator/
Seems most cars have never been cheaper given the appointments nowadays but perhaps the incomes aren't keeping up which seems to be the opinion of our local MG man on the ground who reckons you're all paying too much for used cars and he's about to get right onto that

https://www.msn.com/en-au/news/other/used-car-prices-are-ridiculous-says-mg-boss/ar-AA1HRXGT