In 1964 the first Ford Mustang was sold for $2400.00 calculating inflation that would be $18,000.00 today. So why are they $34,000.00 now?
In 1964 the first Ford Mustang was sold for $2400.00 calculating inflation that would be $18,000.00 today. So why are they $34,000.00 now?
Safety features add a good deal. Airbags are not free.
More technology, safety features, and a high demand for them.
The government has been imposing all sorts of costly regulations since that time.
A) people are willing to pay. B) government mandated safety and fuel economy features added thousands to the manufacturing costs [according to the industry] c) average income went up… And thus ability to pay d) lifespan of the car also went up [better manu quality], which allows financing firms to lower payments by lengthening the time over which you pay
like houses, the size of the monthly payment as portion of income is critical to the sale…
They don't all fetch that kind of price.
EPA regulations and UAW pensions and benefits.
Vehicles are priced based on what the market will pay. The price is not related to historical prices nor is it directly related to the cost of selling the vehicle. The automakers know what a vehicle will sell for in the market; they adjust their cost to produce the necessary profit margin. An example is trucks vs cars. The average truck costs less to manufacture than an average car, yet the truck has a higher price, simply because the market (consumers) will pay more for the truck.
They're built very differently today than they were in 1964. For one thing, electronics and computerization have revolutionized all types of vehicles. I wish that some car company like Ford or Chevy would produce at least one model that was free of the usual automation in favor of manual windows and locks.
They are a lot more complicated today, with safety features and computer components running the engine. The early ones were very simple.
- Older Cars From 1940 Or So Will They Use Today's Gas? This is a Ford Eifel from around 1938 or so and I wondered if today's gas will work or does it have to be doctored in some way like some older cars need higher octane or is that even true? I'm just curious so don't waste time bustin' my chops over it. Thanks and thumbs up to all who answer… Just give me time to get back and read the answers.
- If Ford really thought she was assaulted then why hasn't she contacted the Maryland police, they said last week they would investigate? If she did. Wouldn't that have but a crimp in Kavanaugh's confirmation to be the subject of a criminal investigation for sexual assault? Why hasn't she reported it to the police?