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Seems like this is glossing over some things...like how expensive air travel was prior to dereg. In the '70s it wasn't unusual to see fares (numerically) equal
by TylerE 4y ago
Seems like this is glossing over some things...like how expensive air travel was prior to dereg. In the '70s it wasn't unusual to see fares (numerically) equal to a modern budget airline...but a dollar was worth a lot more back then. The average new car purchase in 1975 was $4,900.
- BeetleB 4y ago> The average new car purchase in 1975 was $4,900. That's $28K today. Even in 2019, before the pandemic, the average price of a new car was $39K.[1] Definitely one industry that hasn't gotten cheaper. [1] https://mediaroom.kbb.com/2020-01-03-Average-New-Vehicle-Prices-Up-Nearly-2-Year-Over-Year-in-December-2019-According-to-Kelley-Blue-Book https://mediaroom.kbb.com/2020-01-03-Average-New-Vehicle-Pri...
- ipython 4y agoCompare the standard equipment between the 70s car and today - especially when it comes to comfort and safety - and you’ll see you’re buying a lot more for your $$ today than 50 years ago
- BeetleB 4y agoNot disagreeing - just saying it doesn't help OP's comment.
- bobthepanda 4y agoThe warranties alone would make a modern car a better deal.
- lotsofpulp 4y agoHow many giant SUVs and pickup trucks were part of the 1975 price? How many miles was a 1975 car expected to last without major repair? Today, it is a minimum 200k miles.