To: | Rick Morrison <gofastmg@juno.com> |
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Subject: | Re: Why an MG? |
From: | pat bailey <pbailey@qnet.com> |
Date: | Mon, 01 Dec 1997 20:29:52 -0800 |
> Comparing dollars today with dollars some years ago is comparing apples > and oranges. > Rick Morrison > Oh I disagree! If you are an average working person figure out how many hours you had to work back then for a new car and how many you have to work now and you aren't comparing apples and oranges.I bought a brand new Fiat 124 coupe in 1970 for $3100 which was about a third of my yearly gross Today an equivalent car would be around 25 to 30 grand which is over half of my gross and I am paying a hell of a lot more in taxes etc so the disparity is even more.I look at what things cost by how long do I have to work for it.In '67 I bought a 62 Corvair used for $400 over a months pay Today I could get a nice MGB for less than a months pay probably 2 to 3 weeks pay So new cars are more expensive and used cars are cheaper accounting for inflation( actually DEFLATION of the dollars worth) Just my .25 worth...used to be .02 worth. Pat |
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