01-14-2014, 01:28 PM
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#70 (permalink)
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A True Z Fanatic
Join Date: Sep 2010
Location: Albuquerque, NM
Posts: 2,045
Drives: 09 370Z Touring/Sprt
Rep Power: 10091
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Quote:
Originally Posted by Rockhound
Well, $50k in 1996 is approximately $72k adjusted to today's dollars, so using that logic the 370Z would be $70k, too, not sure where the $100k comes from.
Look, I didn't say it was an infallible method, I was just explaining his logic - this example happens to come with a significant currency valuation overprint as the yen reached a peak against the dollar in 1995. This is what really caused the low-volume Japanese car price hike in the mid-90s.
Otherwise, for domestic goods, car prices have been fairly well behaved, although they have risen slightly compared to inflation. For example, my dad purchased a new base Camaro in 1972 for about $3500, IIRC. In today's dollars that's about $19k. A base Camaro today stickers for $24 (invoice $22.6k) but you get a whole lot more car for the $3 to $5k increase.
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And I'm not faulting you for it either, just merely reinforcing what you already said which is to say it's pointless comparing the old model to the potentially new one
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