The Ford Barn - View Single Post - How Much Is It Worth--$$ comparison update

Mr T · 01-25-2019, 04:51 PM

Thanks for the link Jeff. I enjoy analyzing how buying power has changed over time. Different sectors of our economy experience different levels of inflation. If my 29 A sold for $500 it would theoretically sell for $7345 today. However that comparison cannot be made because we are buying a different product today. Safety features, computer operated systems, etc. I assume a new car today can’t be purchased for under $8000 in the US no matter how basic. I guess we could compare the cost of a quart of whole milk in 1929 and today! Meanwhile I love Bob’s calculator for giving me a range of the price people list their cars for when attempting to sell them. Thanks for the brain exercise!

01-25-2019, 04:51 PM	#3
Mr T Junior Member Join Date: Jan 2019 Location: Iowa Posts: 4	Re: How Much Is It Worth--$$ comparison update Thanks for the link Jeff. I enjoy analyzing how buying power has changed over time. Different sectors of our economy experience different levels of inflation. If my 29 A sold for $500 it would theoretically sell for $7345 today. However that comparison cannot be made because we are buying a different product today. Safety features, computer operated systems, etc. I assume a new car today can’t be purchased for under $8000 in the US no matter how basic. I guess we could compare the cost of a quart of whole milk in 1929 and today! Meanwhile I love Bob’s calculator for giving me a range of the price people list their cars for when attempting to sell them. Thanks for the brain exercise!