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In 1969, you could buy a Camaro SS/RS for way under $4k. Even at $15k/year, you could possibly save for 2 years and buy a car without any financing and still live comfortably. Today, a Camaro 1SS/RS costs under $35k, but the average person out of college can't get a job that makes $35k/year. They can, however, afford a used compact sport trim—Cobalt SS, SRT4, Civic Si—and play with that. For that reason, FWD "performance" has replaced traditional RWD performance vehicles for young buyers.
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