25 Years On, Are Cars Really More Expensive?

That's the question that Marketplace is asking, using the Honda Accord as a yardstick. In 1989, a Honda Accord with 98-horsepower, no ABS, crank windows and no A/C. In 1989 dollars, that would set you back $11,700.

A base model 2014 costs $21,955 in today's dollars, or $11,500 25 years ago. Obviously, there's a massive qualitative and quantitative advantage between the two cars, with the newer car offering better performance, safety, fuel economy and size.

There are plenty of economic factors (wages, cost of living etc), but as Marketplace notes, the cost per mile figure (when depreciation, fuel costs and maintenance) have stayed constant and financing terms have never been better. For those of you who were around in 1989 and able to chip in with your experiences

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