Today is your day Boomer! Yup....another cost of living going up, way up!! The cost of cars in Canada and the U.S. has risen 50% since 2020....that means an average selling price of 60,000$. For a car, come on! That is ridiculous. According to The Globe and Mail Newspaper, "The spike in new car prices mainly reflects changes in the lineup of vehicles available for sale and the impact of a global semi-conductors shortage that continues to haunt the industry." For example, many new vehicles have HUNDREDS of microchips which power the electrical, safety, and entertainment systems. So.....what about other vehicle prices? Lots of Boomers drive SUVs and trucks. They are up in price by only 25%. I guess that is good news. But a friend of mine definitely got sticker shock the other day when he priced out a new Ford F150 hybrid truck at 75,000$ plus tax. Yikes! Think I'll stick with my old F150 with 170,000 km for awhile. Take out your wallet Boomers. Cheers.

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