### Comment:
He also assumes an inflation rate of about 8% (he says the average new car will cost $70,000 in 10 years).  
  
 I believe he charges money for 'classes' too. Lol

### REPLY:
My 2005 F350 (dealersheet price) is $33,000. That same truck today (2019 model, same specs / selections) is $75,000. 
  
 The “average car” may not be up to the $70,000 point in 10 years, but at the same auto costs have risen very rapidly.

### END.