Lets not forget how cars have changed from then to now. If you went shopping for a project car in say 1990, you might find a car that had 80,000 miles on it and had a bad engine or transmission. The body might have the start of rust, but generally would be in good condition. You could pick this car up for $200 to $1500.
If you go shopping for a car now, you might find a car with 175,000 to 250,000 miles on it that has a major drivetrain failure and pretty major rust set in by then if you live in salt country. People want $800 to $4000 for them because "I KNOW WHAT I GOT", and even if you do get one, who wants to change out a FWD transmission or a transverse engine in their driveway.
There just isn't a huge surplus of used, but not used up, cars out there anymore. Trucks are a little different since the aftermarket is better for them, but the cost of entry is high compared to what it used to be.
Combine that with everybody being broke, and computers being cheap and ubiquitous.
The grass is always greener arguement. You neglect the following: 30 years ago, the reason why so many cars were parked with 80 or 100k miles IS BECAUSE they WERE used up and falling apart.
1) Parts cost more as a percentage of hourly minimum wages than they do now. Tools? Same thing. There wasn't Internet ordering, wholesale, or rockauto. You need a tool, harbor freight wasn't pushing Chinese knockoffs. You paid top dollar at sears or ace hardware. Even lowes and home depot tools weren't a thing, you probably didn't have one near you. Walmart wasn't even a household name yet!
Parts lifespans and tolerances were short, loose, and sloppy in some areas. Build quality was lower. The service life of components was lower.
Don't you remember even in the 80s the mindset was, it's turning 100k miles, time to trade it in? Cars were expected to last 100k or a little more. Now, end of service life is expected closer to 300k....
The only era that had somewhat plentiful reasonably reliable underpriced vehicles was during the oil crisis and years after when gas guzzlers, (or for a few years later formerly parked out of service guzzlers now no longer needed,) were unloaded as undesirable at git it out of my way prices.
But think about the prices quoted. Even in the late 1990s, minimum wage was barely over $5/hr. Today, most areas its $10 to start a job. You might pay $3000 for an entry level vehicle... but that's the same as 1500 in 1998.
That was short lived. The auto industry has kicked out millions of cars since that ended 10 years ago. Plenty to fill the population.
Apples to oranges. As cars keep getting newer, their expected service life increases.
If I'm selling a car or truck thats 90% used up, I should be getting a price equal to somewhere between 10% of its new and replacement costs to reflect the 10% utility remaining. A 10 year old car today isn't at half its expected lifespan yet, versus a 10 year old car 20-30 years ago was on its proverbial last legs as far as expected life span...
Accordingly, an item with far more usability remaining should sell for a higher cost.
I’m sitting here waiting at the dealer for an oil change (still under warranty) and then I’m gonna go home and play vidya while posting memes on my phone.
Vidya... is that like a take home electronic George Dubya? Do ya score points for correctly spelling things like nucular?
Seriously though, kids today are far FAR worse than any generation before. Talk to teachers about what they see. The disrespect and violence that happens is only exceeded by the coddling and lack of accountability. Safe spaces to avoid emotional triggering? Seriously? I feel like these last 2 generations need a serious butt kicking.
Every generation has a component of rebellion and free spirits, but what's happening today is something else altogether. I suppose that's one way to prevent another national draft is to, on the whole, be such blubbering useless wastes of space that you couldn't perform any function...
Maybe after gas drops back below a dollar a gallon, like when I was in high school.
Again... round here gas is in the low $2s... sometimes riding to the 2.50 range. Back in the late 80s to 90s it was in the upper .90s to 1.20s... account for rising minimum wage salaries.... it's about the same cost, except fuel mileage has doubled to tripled.
More affordable now than it ever was to be driving a car IMO.