RE: Ford Fiesta ST Performance Edition | Driven

RE: Ford Fiesta ST Performance Edition | Driven

Author
Discussion

Richyboy

3,739 posts

217 months

Sunday 25th August 2019
quotequote all
IanJ9375 said:
Trophy Husband said:
Price inflation is no way in line with inflation. It is all about the tech. I paid £10,250 for my brand new Clio 172 cup in 2003, albeit through company car scheme so heavily discounted. List was £12995 IIRC.

In terms of pure inflation the equivalent car should be circa £16,000 (based upon list of £12k). Obviously £16k wouldn't go any way to putting you in a brand new hot hatch nowadays and even if it did it wouldn't be as good as the cup was as it was fantastic!
BoE inflation calculator takes a £13k RRP in 2003 and it would be £20190 in 2018 money
But when I paid 8k for a prereg 172cup with a cracking px deal on my fiesta, it didn’t feel like a lot of money at the time. 25k for a hot hatch now feels absolutely barmy.

LuS1fer

41,130 posts

245 months

Sunday 25th August 2019
quotequote all
Richyboy said:
But when I paid 8k for a prereg 172cup with a cracking px deal on my fiesta, it didn’t feel like a lot of money at the time. 25k for a hot hatch now feels absolutely barmy.
You would have to compare that with an ST1.... Which of course nobody wants.
Car wow quotes for a 5 door ST2 in Magnetic are currently 19.5k or 20k more locally.

Mr Whippy

29,024 posts

241 months

Sunday 25th August 2019
quotequote all
Richyboy said:
IanJ9375 said:
Trophy Husband said:
Price inflation is no way in line with inflation. It is all about the tech. I paid £10,250 for my brand new Clio 172 cup in 2003, albeit through company car scheme so heavily discounted. List was £12995 IIRC.

In terms of pure inflation the equivalent car should be circa £16,000 (based upon list of £12k). Obviously £16k wouldn't go any way to putting you in a brand new hot hatch nowadays and even if it did it wouldn't be as good as the cup was as it was fantastic!
BoE inflation calculator takes a £13k RRP in 2003 and it would be £20190 in 2018 money
But when I paid 8k for a prereg 172cup with a cracking px deal on my fiesta, it didn’t feel like a lot of money at the time. 25k for a hot hatch now feels absolutely barmy.
That’s because inflation in other areas has gone up faster (like housing), so less disposable income.
Plus salaries haven’t gone up with inflation for many.