Who feels like its 1969?
Registered User
Joined: Jan 2000
Posts: 61
From: Port Royal, SC
*holds up left arm*
its actually better than 1969....I can go and purchase a 1968 clone of not only a mustang but soon a camaro...and better yet, they get good gas mileage !
Progress is just great !
its actually better than 1969....I can go and purchase a 1968 clone of not only a mustang but soon a camaro...and better yet, they get good gas mileage !
Progress is just great !
Registered User
Joined: Feb 2002
Posts: 3,647
From: At car shows and cruise nights!
Originally posted by Eric 98z
*holds up left arm*
its actually better than 1969....I can go and purchase a 1968 clone of not only a mustang but soon a camaro...and better yet, they get good gas mileage !
Progress is just great !
*holds up left arm*
its actually better than 1969....I can go and purchase a 1968 clone of not only a mustang but soon a camaro...and better yet, they get good gas mileage !
Progress is just great !
Yup, it's kinda messed up.
Last edited by IZ28; Mar 19, 2004 at 07:39 PM.
Registered User
Joined: Feb 2001
Posts: 25
From: Orlando, FL
I lurk alot on this board, but had to chime in here... The costs of todays cars are actually easier to afford than they were in the 60's if all variables were the same. Take a look...
In 1969, the average income was ~$6500. The Z28 cost was ~$3200. That was the Z28 option on a $2700 Camaro Coupe. There were many options that could drive the price up. 49% the annual salary was the cost of a Z28.
In 2001, the average income was ~$43000. The Z28, optioned as a base Z28, was selling for $21645. Again, the options drive the prices up to where we are familiar. 50% the annual salary is the cost of a Z28.
Barely a difference. But, in 1969, they had 3 years to pay off the car, today we have 5-6years. That makes owning a car more affordable today than in 1969. Plus, the interest rates are lower for new cars.
The reason we can't afford to buy these cars is because of the way we spend our money. In 1969, there was no cable TV, cell phones, caller ID with Call waiting, Dolby Digital DVD players, plasma TV's and houses that could easily fit 2 families. We buy gourmet coffee, eat out at restaurants, have 2 or 3 cars, multiple computers with high speed internet access, etc...
We spend our money differently today than we did back then. Society has shown that the above mentioned options are mandatory for our happiness, but I bet if people were to unload the unneccesary options from our lives, we too could live cheaper.
In 1969, the average income was ~$6500. The Z28 cost was ~$3200. That was the Z28 option on a $2700 Camaro Coupe. There were many options that could drive the price up. 49% the annual salary was the cost of a Z28.
In 2001, the average income was ~$43000. The Z28, optioned as a base Z28, was selling for $21645. Again, the options drive the prices up to where we are familiar. 50% the annual salary is the cost of a Z28.
Barely a difference. But, in 1969, they had 3 years to pay off the car, today we have 5-6years. That makes owning a car more affordable today than in 1969. Plus, the interest rates are lower for new cars.
The reason we can't afford to buy these cars is because of the way we spend our money. In 1969, there was no cable TV, cell phones, caller ID with Call waiting, Dolby Digital DVD players, plasma TV's and houses that could easily fit 2 families. We buy gourmet coffee, eat out at restaurants, have 2 or 3 cars, multiple computers with high speed internet access, etc...
We spend our money differently today than we did back then. Society has shown that the above mentioned options are mandatory for our happiness, but I bet if people were to unload the unneccesary options from our lives, we too could live cheaper.
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