> The average new vehicle price in the US is 50k, people are not buying the base model.
$50K is much closer to the $40K base model than the $80K platinum model.
Everyone loves to cite the platinum model as if all the contractors or CEOs or whoever were bashing today are driving it, but most people are not buying the most expensive models.
Way than half. Average is dragged up by 100k F-550s with $100k service bodies installed on them and $200k+ exotic cars. There are no negative and zero dollar sales to drag down the average.
This is a textbook example of a case where median would be better.
Correct, which is why I used said most trades and not all trades
> Base F150 starts at half that. This is silly
The average new vehicle price in the US is 50k, people are not buying the base model.