How Much Did Popular Cars Cost Every Year Since 1950? (in 2020 dollars

1970 Chevrolet Chevelle Ideal Classic Cars LLC

With the average new car price reaching an astronomical $47,000 in early 2022, the team at TitleMax.com explored the cost of popular cars throughout history going all the way back to 1950 (with an honorable mention of the legendary Ford Model T). To help put that value into perspective, here is a master list of how much a new car cost by year:

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A 1970 Rolls-Royce Silver Shadow cost £9,925. In 1979, the Silver Shadow II cost £39,219; a four-fold increase. In cash terms, used cars held their price in the 1970s. They could go up in value as the purchasing power of money declined. A 1974 Morgan 4/4 cost £1931, but in 1976 the same car in first class condition was worth £2,300.

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That's it—that's the whole list of 1970s cars in good condition you can find for under $5000. Keep in mind these are median price values, so you can indeed find 1970s cars in #3 condition.

FORD MUSTANG CONVERTIBLE 1970 Model V8 (302) SOLD Muscle Car

Inflation has averaged 4 percent the past 50 years, meaning that, on average, things that cost a dollar 50 years ago would cost $7.03 today. SSPL / Getty Images Not everything was cheaper in 1972. On January 4, 1972, Hewlett-Packard introduced the first handheld scientific calculator, which cost $395 — about $2,775 in today's dollars.

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Bought an 70 SS396 Chevelle in 72 for $2800

Used car prices are starting to decline

Prices for Cars, 1970-2019 ($15,000) According to the U.S. Bureau of Labor Statistics, prices for new cars were 169.28% higher in 2019 versus 1970 (a $25,391.69 difference in value). Between 1970 and 2019: Cars experienced an average inflation rate of 2.04% per year. This rate of change indicates significant inflation.

Porsche 9146 Coupe 1970

According to the U.S. Bureau of Labor Statistics, prices for new vehicles are 236.82% higher in 2023 versus 1970 (a $47,364.36 difference in value). Between 1970 and 2023: Vehicles experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation.

The Massive American Cars of 1970 Flashbak

Cheapism pulled together a list of top-selling cars every year from 1940 through today, using data from J.D. Power's NADA Guides to record the price they were sold at the year they made their debut, also showing the price in 2022 dollars. Related: The Bestselling Cars From the Past 42 Years 1940 Series 62 by Sicnag ( CC BY) 1940 Average price: $725

1970 Opel GT 1900 for sale on BaT Auctions sold for 8,500 on August

To give you a sense of how the average cost of a car has evolved over time, GOBankingRates compiled a list of popular models going all the way back to 1950 using Historic Prices from the Morris.

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1970s cars were forced to adapt to the reality of the gas crisis, hence the need to design cars that are capable to conserve gas, compliance to the Clean Air Act, and vowing to consumer advocacy groups' demand for safer automobiles. In the 1970s, Americans shifted their attention to smaller, more reliable, high-mileage foreign imports.

1966 SEATTLE WA NEWSPAPER AD. Muscle car ads, Small luxury cars

In 1970 the American automobile industry was under threat from several angles. Falling sales, a 57-day strike at General Motors idling around 347,000 workers, and higher quality foreign cars were the primary culprits.

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1970 Plymouth Road Runner. 1970 Pontiac GTO. 1970 Ford F-100. 1977 Ferrari Dino 308 GT4. 1980 Mercedes-Benz 280SE. 1969 DeTomaso Mangusta. 1966 Volvo 122S.. Hagerty Valuation Tools includes car price guide values and real-world vehicle sales results on more than 40,000 different collector cars, trucks, SUVs and motorcycles..

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1970. New Dodge Dart: $18,098.92 New Ford Galaxie 500: $. GOBankingRates used Historic Car Prices from the Morris County Library which recorded both new and used car prices advertised from 1900.

The Massive American Cars of 1970 Flashbak

To give you a sense of how the average cost of a car has evolved over time, GOBankingRates compiled a list of popular models going all the way back to 1950 using historic prices from the Morris County Library (and updating them based on inflation). Check out the cost of cars from every decade. 1950 New Kaiser-Frazer Henry J: $14,259.76

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Read on then, to discover some of these pricy automobiles that emerged during the '70s. 15 1970 Stutz Blackhawk - $22,500 ($153,000) via mecum Only a few cars were as luxurious as the Stutz Blackhawk.

The Massive American Cars of 1970 LaptrinhX / News

Cost of a new car: $. Median Household Income: $8,734.00. Cost of a first-class stamp: $0.06. Cost of a gallon of regular gas: $0.36. Cost of a dozen eggs: