New prices

^You know that meme about the Simpsons being able to afford a two-story detached house on a single income without college education, and that was considered normal in 1989?

 

With a 10.5% mortgage interest rate.

 

Not quite. Wage growth has been strong.



Wage growth has also outpaced inflation since early 2023.

 

The more they increase the price the more yall crazies buy them. If I were toyota you wouldn't be able to touch a toyota truck for less than $70k and Id sell more than the world has ever seen. my new 23 sr DC 4wd was just under $36k OTD no trade and no down payment. and its not detuned.

 

And a father living in a retirement home (you know how expensive that is)

 

This implies a real wage growth of $5.00 more per hour from 2020-2025. Even the hypothetical scenario of 3.5% wage growth outpaces the real wage by $2.30.

I think the asertain of wages not keeping up with inflation is accurate. Then if you add in inflation, a person is actually making less in 2025 than in 2020.

Toyota hopefully knows this. If they don't, they will die a liquidity death by a thousand cuts...

 

They are selling, I do not see alot, but the Gen 4s are selling. My family and friends have all moved on from Toyota, they though other brands offered more bang for their buck

 

smart family and friends. Toyota wouldnt know value anymore even if it smacked them up side the head.

 

No going from about $28 in 2020 to $36 in 2025 implies a real wage growth of $8 over that time period. Not sure what you're trying to ascertain but I think you've got it wrong.

Look again at the second graph how wage growth has outpaced inflation for more than two years straight now.

Edit: to put a point on this, from early 2020 until now cumulative wage growth is about 22% and cumulative inflation over the same period is about 21%.

 

I had to put my mother in an Assisted Living facility 9 years ago. Back then it was $5000 per month.

 

4th Gen’s look like ass no matter what the price. Saw one on the freeway with that tire poke omg!!! My 19’ is paid for

 

Just got back from Eugene, OR (hour drive away) and tested a 4th gen. Not really impressed. I'll keep my 2020 TRD Sport 4WD, V-6, auto with 18,300 miles.

 

Inflation is cumulative, it never went down. It just increased at a lower rate.

That graph is not an accurate representation of inflation fundamentals. It's just looking at the "% change". The better graph to look at is the "real" wages vs "real" inflation.

 

Yes and the cumulative rate for wage growth is higher than the cumulative rate for inflation. I just said this.

https://www.nbcnews.com/news/amp/rcna158569

 

If this was true, then why are people struggling financially so bad. People would not balk at the price of a new Tacoma.

Again, real wages are not keeping up with real inflation. Real inflation also calculates in interest costs like financing at 7% vs financing at 3%.

 

Dude I'm just pointing to the actual statistics while you're talking about some anecdotal stuff. Think whatever you want.

The federal funds rate has not a single thing to do with inflation. You are woefully misinformed.

 

Of course it does. Financing a new tacoma at 7% vs 3% takes a wage and makes it go...poof.

I'm an economist. LOL...

 

Brother, I am an economist. Inflation has never in the history of the world included the FFR. Please, show me.

 

I know. You have an inversion to the "real" part of every metric.