It's 3:00 A.M. I'm sitting here looking at an old Hemmings my son brought me, buy the way it's from August 1967..1940 Ford convert $300.see Ron in S.C.,,,1955 T-bird, runs good,$500, Mr. Quirin,PA,,,,1929 Ford roadster $800, Gerry in IND,,,,1939 Ford coupe $250,, Ken in N.Y.,,,1950 Merc coupe $350,E.Korth,ILL,,,1955 Nomad $500, see Bill in Tex.. Makes you miss the old days. Did I say it was from 1967?
it's all relative. I've got a 1937 Portland News paper classified section you could buy a new car for less than $1000 and some car lots were selling cars for as little as $17.00
Yeah you look back and wonder what happened! Oh well I'm still looking foward to the new days, everyone you wake up!
Wages were 2.25/hr. Bread was a .15 a loaf, milk .40 half gallon, and a starter home was 10,000 or less. But loans were tougher to get then than now. Hell, I worked a carlot in the late 60's/early70's that ran 'back to school' specials.. 20.00 for any car on the two back rows, and all we made sure that worked were the radios and cigarette lighters. Still had to finance some of those too. Good old days? Guess it's all in the generation you're in.
i bought my first Model A Ford in 1969 for $250 and drove it home..put a some work and parts into it , then sold it 2 years later for $800. the guy i sold it to kept it for many years, died about 10 years ago..i heard it went for around $6500 on the estate auction it's already been mentioned , it's all relative..i was working for $1 an hour in 1969 therE have been posts on here pointing out the crazy money some cars have sold for on ebay , etc...but , 10 years from now will may all look back and say what a great deal that was! i'm sure you have all heard the saying: you never pay too much for a car , you just buy it too soon
Have a friend who bought a 32 Ford 3W coupe ... at Gatlinburg ... in 1969 or 1970 for $2500 ... all steel, SBC, 39 top shift and 40 rear end. NICE car ... good tires, slick paint and a good original interior. Sounds cheap doesn't ... but my Dad bought me a brand new 67 VW bug in 1967 ( graduation gift ) ... with a Deluxe interior and a radio for ... get this ... Nineteen hundred and sixty seven dollars ( $ 1967 ).
i bought a `32 5-window in 1984 for $4800..drove it home. an older rod with 283 chevy , 3 speed trans , `57 chevy rear..real nice body with 4 real nice steel fenders. sold it 2 years later for $6800 and thought i got RICH..i should have kept that one! bought my first new car in 1972,the window sticker was $2140..i won't tell you what kind of car it was..i think i was making $3.50 an hour
It's all smoke and mirrors. If they took a couple of zero's off the value of everything, we'd still live the same, only the figures would be reasonable. When I was stationed in Iceland they devalued the currency by taking off a couple of zero's, and reprinting the money. One day it took 2400 Krona to buy a fish and chips lunch, the next day it was 24. There are two ways to handle inflation: 1) print new money every time you devalue the currency, or 2) print more money to make up the difference. Congress fears devaluation, so we have wallets full of worthless money.
People seem to forget that wages were comparatively lower to go along with the lower asking prices. I hate to think how many '56-'61 Corvette dual quad setups I bought years ago for $75-$100 and sold for $150--and considered myself quite the entreprenuer!
i like lookin in classifieds in my ole hot rods!!32, all the fixins...1800.00firm!!!firm, yeah, ill take without question!!
A little O/T but I miss going to get gas and not feeling like I'm operating heavy machinery, lift this, push that, are you paying inside or out, cash or credit. Add to that that not all pumps have the same cheat code, some pumps have a different firing order. There is one station around here that has pumps that you lift the handle and start pumpin. Too bad their prices are a little higher.
I was talking with Chip the other night and the 20,000 members came up I said I was number 90 and he said he was 18 wow doesn't seem that long ago! It's funny that 1967 was the year brought up here. Harlan G Loud Ford in Pasadena had a blue and white 427 Cobra on the show room floor. I sat in that car about once a week for almost 2 years. I had just bought a house and couldn't get a loan for that high priced cobra. I got turned down for a $3300 jeep that was special ordered for me. Broke my heart the day I walked in and my Cobra was gone. A buddy that sold cars there told me that after 2 years they fianally off that white elephant for $5500 on a $7500 list price. this post got me looking at some of my mom's old newpapers. 1925 Denver Post, 1926 Los Angeles Times, 1940 Fresno Bee, 1948 Redondo Daily Breeze, Cars were expensive in the 20's cheap in 1940 and a big jump in 1948
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