> Except that I don't recall cars produced in Mexico ever getting more affordable.
According to this site[0], new car prices were about 6% higher at the end of NAFTA in 2020 compared with at the start of NAFTA in 1994. Considering inflation on other things was on average much higher and also that more recent cars are significantly safer, more performant, and fuel-efficient—i.e. more provide more value—it does look like cars did effectively get cheaper.
According to this site[0], new car prices were about 6% higher at the end of NAFTA in 2020 compared with at the start of NAFTA in 1994. Considering inflation on other things was on average much higher and also that more recent cars are significantly safer, more performant, and fuel-efficient—i.e. more provide more value—it does look like cars did effectively get cheaper.
[0] https://www.in2013dollars.com/New-cars/price-inflation