SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (100262)4/21/2013 10:49:27 AM
From: Amelia Carhartt1 Recommendation  Read Replies (1) | Respond to of 217657
 
My first car was a 1966 Chevy El Camino. It was ordered from the factory. I got to choose everything just the way I wanted it. It was literally built just for me. $3,200.

A little off topic but here's my puppy tending her deer herd. kotybear.blogspot.com



To: bart13 who wrote (100262)4/21/2013 1:09:41 PM
From: Maurice Winn2 Recommendations  Read Replies (2) | Respond to of 217657
 
Yes: <They're really over 3 times better? > I started out in a Model A, then Vanguard, then Hillman and heck, I have had a lot of vehicles over decades. Yes, they are much better than 3 times better.

Spark plugs did not last hundreds of thousands of kilometres without servicing. Oil needed changing every couple of thousand kilometres but mostly leaked out anyway, topping up being needed with each tank of fuel which was needed frequently as fuel consumption was high. Combustion chambers were full of lead as was the oil. Radiators rusted. Cars needed constant maintenance. I carried loads of tools with me and did not expect to make a trip without conking out for some reason. Then the car rusted out in a short time. Exhaust emissions were stinking and smokey.

Repair shops and petrol stations were scattered everywhere. Tyres needed replacing regularly and punctures were normal.

Apart from the mechanicals, the seat belts did not exist. CD players were non-existent. Heaters were a swanky addition but air conditioning didn't exist. Cars now are very cheap and extremely good compared with then.

10 times better now than then.

Back then, a trip to Mount Maunganui was an all day effort, with battles en route. Now it's 2.4 hours of swishy comfortable travel in safety and no broken down cars or crashed ones either. We can use cellphones on the way, and GPS directions, and Globalstar phones too. With wireless Cyberspace at hand.

Mqurice



To: bart13 who wrote (100262)4/21/2013 9:40:24 PM
From: KyrosL1 Recommendation  Read Replies (1) | Respond to of 217657
 
What's this CPI new vehicle index? Is it used for hedonic adjustment?

My CPI calculator shows prices increased 6x since 1970, using government figures, so a $3,542 car in 1970 would be $21,252 today. I think I can buy a car MUCH MUCH better than the average 1970 car for $21,252. Not sure 3x better, but it's possible after figuring the lifetime costs of repairs, gas, and time lost due to breakdowns.

data.bls.gov



To: bart13 who wrote (100262)4/22/2013 12:27:14 PM
From: Maurice Winn4 Recommendations  Read Replies (1) | Respond to of 217657
 
Toyota Corolla then and now.



Hours worked [in NZ] to buy each one = all year for 1970 [before tax], a third of a year for the latest and greatest. The photo at the top is of the 1970 one. The photo below is of the 2013 one [in case it's not clear] Heck, even the photo is 10 times better and bigger [just kidding on that].

Life is great and getting greater. 10 x greater, just in cars. Internet is a billion times greater. Corn is 10 times better.

Mqurice



To: bart13 who wrote (100262)4/22/2013 1:39:49 PM
From: yard_man1 Recommendation  Respond to of 217657
 
will have to double as a house for some -- so I guess they are worth it.