<VV> Re: Value increases

[Ken Wildman]

At 05:37 PM 3/25/2005, UltraMonzaWest at aol.com wrote:
>In a message dated 3/25/2005 2:17:30 PM Pacific Standard Time,
>hmlinc at sbcglobal.net writes:
>
> > Just to put this "price" thing into perspective....  Is there a
> > mathematical
> > mind out in VV land who would tell us what a nice new Vair in '65 
> (let's say
> >
> > $2,500 or so new) would cost 40 years later - in 2005 dollars?
> >

In general cars today are about 10x 1960s prices.   A '65 Caddy was about 
$4K then, and about $40K now.  So, I think the math is fairly easy.   :)

A small, sporty car today would be about $25K at the lower (Corvair) end.

That's my estimation and I'm sticking to it.


Ken