[ARC5] OT Costs - and everything else

[J. Forster]

The Bug was well engineered and served me well for about 20 years. No
American car of the era would have done 1/2 as well.

-John

============


> John wrote:
>
>>I bought a new VW Bug in the mid 1960s about $1200
>>You can't get ANY car for $4800 to $6000 today.
>
>>From the BLS calculator, $1200 1965 dollars equals about $8200
> 2009 dollars.  And given how primitive, inefficient, unsafe, and
> featureless cars of that era (especially the Bug) were compared
> to today, anyone making a similar vehicle today would be lucky
> to get $8200 for it, if were legal to market, which it wouldn't be.
>
> I bought an Opel Manta in the early 1970s, and as much as I'd love
> to still have it, when I inflation adjust the price I paid to the
> nearest thing available today, I'd be a fool to pay the inflation
> adjusted price for that Opel even if it were NOS (unless I could
> sell it to a collector for big bucks).
>
> I know of no significant error, from my experience in the last 40
> years, in the numbers produced at the BLS web site.  If anything,
> it seems to OVERestimate the effects of inflation a little during
> the past four decades.
>
> Mike / KK5F
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