Let's go back in time to 1999
the Camaro Z28 and Mustang GT were both about $21,500
The V6 models were about $4,000 less, so $17,500
The Mazda Miata had the starting price set at $20,095
The Miata today starts at $30,750
The Mustang and Camaro were always cheap V8 options and that is no...
You guys with this nonsense about the "average new car costing $48k"
That's ATP, average transaction price of any new vehicle
Being propped up by the best selling vehicle, pickup trucks. The average transaction price for a full-size pickup truck is $66,631
The average new car price is lower...
They also have to sell a certain amount of them. They can't keep raising prices.
If the sales numbers don't pickup, they'll stop making the Mustang too.
Remember the Focus? They sold tons of them. Way more than the Mustang. But Ford no longer wanted to make cars. Boom.