That might buy you a base model el strippo truck, but your point is
valid. Prices for vehicles have gone up across the board because of
gov't mandated equipment like emissions controls, airbags, ABS etc.
One would think that improvements in manufacturing could offset some of
this cost but apparently not all of it.
It's based on the Consumer Price Index. However, it doesn't account for
higher prices for some items or for improvements over the years. A 1977
Dodge truck certainly wouldn't be comparable to a new one in terms of
comfort, features, etc. I paid $.23/gallon for gas in '62. According to
the inflator it should now cost $1.42 (I just filled up yesterday at Sam's
for $2.859 and thought I was doing well).
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