7 Car Brands That Cost Less Than They Used To - 24/7 Wall St.
Every year car manufacturers tinker with their lineup and introduce new models in order to reach new customers and keep the brand image fresh. While this practice is important for automakers, it is the tried-and-true legacy brands — such as the Ford F-Series, the Toyota Corolla and Camry, and the Honda Civic — that represent the biggest sellers in the U. S. auto market. While the actual look of many vehicles has been updated so much that they are nearly unrecognizable compared to their initial design, manufacturers continue to use them because they appeal to so many new and loyal buyers. A Ford F150 cost around $6,000 in 1980, which even in today’s dollars is about $8,700 less than what a modern F-150 cost. Every model that was available on the market 35 years ago had a lower price tag than today’s MSRPs. In an interview with 24/7 Wall St. , Tim Fleming, analyst for Kelley Blue Book (KBB), explained that one reason for the differences in prices among these car brands is the fact that while the names have remained the same, the cars themselves have... It may be the case that the change from a full-size to a mid-sized vehicle contributed to the nearly 7% decline in. Source: 247wallst.com
