Offensive to sellers but have people gone over the cliff on Car values

ScamperTom said

Just a thought. Is it really fair to directly compare the price of a new car to an old one when new? Even the hot cars of the 60s must in reality have cost much less to build than, say, a hellcat, or even a challenger r/t. The engineering that goes into a new car is undoubtedly far more involved than our classics. Shouldn’t the price necessarily reflect that?

.

Click to expand...

In 1970, average income was about $10,000, now it's about $64,000. I hear all the time, "wish I could buy one for that now". Adjusting for inflation, you pretty much can. I bought a '72 Duster new. Car payment, and insurance ate a little over 1 week take home pay. If you look at it that way, a new car doesn't sound so bad.