How Has the Difference Between Car Prices and Minimum Wages Changed?

While automobile prices are rising gradually, the insufficient minimum wage has doubled the automobile inflation of the citizen in the last 10 years. Especially the price increases in 2020 and 2021 are dragging the citizen’s automobile dream to the bottom. Here is the calculation of the last 10 years on the Honda Civic…

Undoubtedly, it is one of the issues that Turkey has been discussing for a long time. economy is coming. Many people say that the minimum wage is insufficient. In addition, the data announced by TURKSTAT indicate that inflation is increasing gradually, and that the minimum wage is at this level. to inflation you can’t stand it reveals.

Now, we will calculate with you the minimum wage. stunning data we will present. In this calculation, which we will do on automobiles, between minimum wages and car prices. We’re going to talk about how it differs. If you want, let’s get started right away.

How has the minimum wage changed in the last 10 years?

The money in the pocket of a citizen who earns the minimum wage in January 2012, was 701 TL. Today, this amount has increased to 2,825 TL. In other words, the minimum wage has increased 4 times in the last 10 years. However, the car prices, which you can guess, have increased many times more than the minimum wage. This is from 2012 to buying a car. means it’s harder. This thesis, one of the most popular tools in Turkey, Honda Civic Let’s prove it.

RELATED NEWS

300 Thousand TL Increase in One Night: November 2021 New Car Prices Announced

Honda Civic, 10 years ago, namely in 2012 Prices starting from 42 thousand 735 TL could be purchased. When we come to October 2021, this vehicle, 328 thousand 600 TLIt has become available for purchase at prices starting from . In other words, there is a 6-fold difference. Come on now this for the entire 10-year period. Let’s see one by one.

How much has the price of the Honda Civic increased relative to the minimum wage in the last 10 years?

Honda Civic

Honda Civic price list

As you can see in the table above; a citizen working for minimum wage in 2012 with a salary of 5 years could own a Honda Civic. However, when we come to 2021, our purchasing power has decreased even though the minimum wage has increased. In fact, there is a difference of almost 100 percent between them. Because, according to today’s data, the citizen who wants to buy a Honda Civic with today’s minimum wage 10 years salary He needs to set it aside…


source site