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Old 05-09-2002, 19:01   #1 (permalink)
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Quote from Modern Motor August 1967

In my job at the Ford Discovery Centre I am lucky enough to find myself looking at copies of old Ford Australia information and today come across this gem from a copy of Modern Motor August 1967 referring to the "New XR GT"

"Interested? By the time you add registration, insurance and maybe a radio (which isn't standard) there is nothing left out of $4000.

But first, of course, you have to find a GT for sale. The original batch of 260 was placed with dealers, and those that weren't wanted by the dealers themselves soon found homes.

Ford are supposed to be putting out another batch - possibly 500 this time, which will make them easier to get. Place your order now though, because they won't last for long - even at $4000."

Ahhh, the good old days eh?

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Old 05-09-2002, 19:23   #2 (permalink)
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What was the income back then though.
Back before v.h.s, d.v.d, a.i.d.s, e.f.i, g.s.t, a.b.s, d.t.s, gay was a happy person.On and on.
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Old 05-09-2002, 19:33   #3 (permalink)
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Now, who said cars were a bad investment!
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Old 05-09-2002, 19:57   #4 (permalink)
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Yeah I own most old mags with XR - XC's and they are a great read..
I can Never read the same article too many times
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Old 05-09-2002, 22:21   #5 (permalink)
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Re: Quote from Modern Motor August 1967

Quote:
Originally posted by Discovery

Ahhh, the good old days eh?
You must be really old?

*GTHO4 runs for cover*
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Old 05-09-2002, 22:37   #6 (permalink)
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Re: Re: Quote from Modern Motor August 1967

Quote:
Originally posted by GTHO4


You must be really old?

*GTHO4 runs for cover*
He he! Before my time actually... Pity I missed out on the deal.

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Old 05-09-2002, 22:52   #7 (permalink)
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Yeah would've been nice to be around those days and able to get a deal like that.
How times have changed when even the radio was an option.
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Old 05-09-2002, 23:14   #8 (permalink)
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In real terms the cost of vehicle ownership has dropped considerably. Whilst no direct comparison is available with the GT we can look at the standard Falcon of the day.

It retailed at $2,637 + on road costs which represented 40.56 weeks of average earnings - and the Radio and carpet were optional (the heater had JUST become standard).

A comparable (well not really) current model AU Falcon retails at $29,337 which represents 34.57 weeks (as at Dec 2001 avg earnings = $848.70). The radio is standard!
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Old 05-10-2002, 01:56   #9 (permalink)
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Yep, $4000 back then is obviously not comparable to $4000 today. You'd have to add a zero to get a very crude type of equivalency. I would say what a new XR8 costs today is roughly lineball to what a GT would have cost you circa 1967-71 in terms of value.
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Old 05-10-2002, 02:05   #10 (permalink)
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Exactly compare that to a house etc.Would be the same.
Another Drum brakes where std too! Gheeeze..
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