It will happen slowly, through raising the price of individual vehicles (you can already see the trend with electric vehicles - there are almost no affordable sub $30k cars), raising the price of insuring a human-driven vehicle, etc.
It won't happen overnight, and probably take anywhere between 30-50 years, but it's definitely possible in the long term.
The problem with that theory is that auto manufacturers face declining average costs and so are incentivized to produce more cars and sell them for a lower unit price.
This is why the only source of auto inflation is by adding more features to the car. I don't see any reason why this would change in the future.
For EVs, wait until cheap Chinese EVs flood the US market.
antisthenes|4 years ago
It won't happen overnight, and probably take anywhere between 30-50 years, but it's definitely possible in the long term.
rsj_hn|4 years ago
This is why the only source of auto inflation is by adding more features to the car. I don't see any reason why this would change in the future.
For EVs, wait until cheap Chinese EVs flood the US market.