An analysis from found that a median-income household could not afford the average price of a new vehicle in any of the 50 largest cities in the country.
“The new reality is that cars are becoming more expensive,” said Steve Pounds, a personal finance analyst for Bankrate. “People are having to make tough decisions about financing.” So the question is – why are they so expensive? Well when every other commercial on tv is auto related, the cost to ship from the factory to the dealership, plus the car dealership needs to make money… – all of these costs go up every year, and so we as consumers pay for it all. Based on average figures, the profit made by the manufacturer from selling one car is listed below:
Porsche: $36,257 AUD
BMW: $4,116 AUD
Toyota: $2,800 AUD
Audi: $2,627 AUD
Mercedes/Chrysler: $1,177 AUD
Volkswagen: $535 AUD

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