We're all familiar with inflation rising prices at the grocery store, fast food restaurants, and other places.
But this year there's a new type of inflation some car buyers are noticing: it concerns the speedometers on new cars.
Today’s new cars get much better gas mileage than those of a decade ago, and are much safer too. But do they really go that much faster?
The Detroit Free Press writes that many new car speedometers now max out at 160 to 180 mph. That's up from 110 a few years ago, and just 85 miles per hour back during the 1980s.
The report says it gives drivers the mistaken illusion their cars are incredibly powerful, even though most passenger cars are set to max out at 110, for safety reasons.
Why police say these new speedometers lead to speeding
Remember those old 85 mph speedo's? At 55 mph -- the old double nickel -- used to be highlighted, so that if you drove over 70 mph you felt reckless.
Nowadays, 70 mph looks slow on many dashboards: doesn't that stink? It's not even at the halfway mark.
Sure, there's nothing wrong with a speedometer that shows 160 mph when a car can't possibly go 160 mph.
But some consumer groups call it false advertising and worry it encourages people to drive at excessively high speeds.
So keep that in mind while you are car shopping so you don't waste your money.
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