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05stangkc Apr 2, 2025 09:55 AM

Wait a Minute!
 
So The Wife Showed Me a 68 GT/CS For Sale for $28,500.00 and Got Me Thinking About Mine I Sold in 82 For Big Money at the Time $3500.00 So Has Value Really Gone Up That Far or is Inflation a big Part!

https://www.in2013dollars.com/us/inf...82?amount=3500

Well Here is What My 07 Gt-500 Would Cost Today if New! I Paid Right at 50K Out The Door!

https://www.in2013dollars.com/us/inf...7?amount=50000

KC:hmm: Makes Ya Think!

Dark Drop Top Apr 3, 2025 08:08 AM

So my first car would've cost $700 in today's money.I'd like to see ANY car you can get for $700 today...on second thought,maybe I would NOT like to see it,lol.

I just saw one identical to my first for sale.Identical in year,make,model,miles,condition,options,even color for $2500.

So it should be 3 1/3 times more now (200 to 700) but it's 12 1/2 times more.That means even if money were worth the same after 44 years,it's still almost quadrupled in price for the simplest,most UNwanted,UNcollectible car imaginable next to a Yugo.

Actually,I bet Yugo's are collectors items now.

And here I thought that $2500 asking price was about right by adjusting for inflation.So much so that if it were local to me,I really think I would've bought it.



05stangkc Apr 3, 2025 08:34 AM

One Thing is For Sure My Social Security Cost of Living Adjustments are a Far Cry From Inflation Levels! :hmm:

KC

shaneyusa Apr 7, 2025 08:51 AM

So I bought my 1967 S code 390 fastback back in 1976 for $750 and then sold it for $1150 in early 1979. Now granted it was not in tip top shape, but it ran great. So I would have paid under $4200 for it in today's $$$ and sold it for for just over $5000. I would take those prices any day for that car. I am sure a like condition one would be way higher than that and impossible to find.

Should have kept it, but being a poor college kid with a baby on the way, that was not an option. :grin:


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