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Inflation adjusted Fiero prices by formulaWA
Started on: 07-06-2017 07:46 PM
Replies: 4 (256 views)
Last post by: hyperv6 on 07-07-2017 11:43 PM
formulaWA
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Report this Post07-06-2017 07:46 PM Click Here to See the Profile for formulaWASend a Private Message to formulaWAEdit/Delete MessageReply w/QuoteDirect Link to This Post
Interesting

I was looking at inflation adjusted dollars and my Formula that cost $13,000 in 1987 works out to $30,000 2017 dollars
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Dennis LaGrua
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Report this Post07-07-2017 04:34 PM Click Here to See the Profile for Dennis LaGruaClick Here to Email Dennis LaGruaSend a Private Message to Dennis LaGruaEdit/Delete MessageReply w/QuoteDirect Link to This Post
It shouldn't matter much what the price of a Fiero would be in 2017 dollars because they are no longer sold and use old technology. They also don't drive like a new car. As for used prices they are all over the place but when pricing a Fiero things like new paint, upholstery, engine work and wheels should be considered.

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jscott1
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Report this Post07-07-2017 08:52 PM Click Here to See the Profile for jscott1Send a Private Message to jscott1Edit/Delete MessageReply w/QuoteDirect Link to This Post
Dennis I think you missed the point.

Point is if you paid $13,000 for a Fiero back in the day that's like paying $30,000 today.

Yes, we all know that the cheapest grocery getter today outperforms the sports cars of the 80s. That's not the point. A $100 HDTV today outperforms the $200 tube TV from the 80s so electronics got better AND cheaper. Cars just got better, but cost about the same in inflation adjusted money.

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Alex4mula
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Report this Post07-07-2017 10:18 PM Click Here to See the Profile for Alex4mulaClick Here to Email Alex4mulaSend a Private Message to Alex4mulaEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by jscott1:

Dennis I think you missed the point.

Point is if you paid $13,000 for a Fiero back in the day that's like paying $30,000 today.

Yes, we all know that the cheapest grocery getter today outperforms the sports cars of the 80s. That's not the point. A $100 HDTV today outperforms the $200 tube TV from the 80s so electronics got better AND cheaper. Cars just got better, but cost about the same in inflation adjusted money.


Exactly.

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hyperv6
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Report this Post07-07-2017 11:43 PM Click Here to See the Profile for hyperv6Send a Private Message to hyperv6Edit/Delete MessageReply w/QuoteDirect Link to This Post
Here is the deal.

I paid $12,000 for my Fiero in 1985 when the average price of a car was $12,000.

Today I believe the average price of a car today is about $35.000 .

Sounds about right based on inflation.

Too bad our pay is not on the same scale.
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