Car cost in 1988

[jaymanek]

having just received a 1987 sales brochure I was astounded to find that the list price was 62K for a 560sec.. add on the few extras which brings it to about £63K...

In todays money thats £125K!!

Who paid that much money for an SEC in 1987?

Interesting fact also is that the 500SL was only 40K.. 560SEL was 56K, 500SE was 38K and a 190E was 15K...


nuts...

 

[Dieselman]

and a 190E was 15K...
.

Which explains why I wasn't allowed to have one as a company car...

Cars are just soo much cheaper now that they used to be. Apparently the real cost of motoring has never been so cheap.

 

[jaymanek]

well a 190E was 15K, so in todays money about 30K... not too far off a C180?

 

[robert.saunders]

15k will get you a nice Mondeo

 

[jaymanek]

sorry they dont count as vehicles...

 

[Dieselman]

It'll also get you a very nice 190E now..

 

[vijilants]

Ayrton Senna is the answer .....he had an SEC

 

[Dieselman]

sorry they dont count as vehicles...

One flush and they're gone......hopefully.

 

[Rory]

Cars are just soo much cheaper now that they used to be. Apparently the real cost of motoring has never been so cheap.

I can't really remember car prices in the 80's, but in 1991 I bought Mrs R a new Peugeot 1.1 106XR (the extent of XR meant it had full door trims rather than mostly metal showing) and that cost seven thousand and something. You could certainly buy a far better equipped car today for the same money.

 

[The G.F.P]

a few years ago i wnet through some old what cars and used their infor to work out my then '96 sportline was best part of £60k

in 96 you could have almost bought a house for that which by now would be worth £150k as opposed to £5 for the car!

 

[jaymanek]

exactly... my parents talk about houses that they bought for 5-6K in the 70's and early 80's... a car for 10X that?!!

 

[tromppost]

having just received a 1987 sales brochure I was astounded to find that the list price was 62K for a 560sec.. add on the few extras which brings it to about £63K...

In todays money thats £125K!!

Who paid that much money for an SEC in 1987?

Interesting fact also is that the 500SL was only 40K.. 560SEL was 56K, 500SE was 38K and a 190E was 15K...


nuts...

Those old brochure's make great reading.

 

[jaymanek]

yep i got a load of 80's brochures (including AMG & Lorinser) from Bazza and I havent had so much fun on the toilet since i was a teenager.

 

[imadoofus]

There you are Glojo; another image for you to try not to think about

 

[robert.saunders]

It's conjuring up an amusing image in my mind, it has to be said

 

[Gollom]

It's conjuring up an amusing image in my mind, it has to be said

Where is Guido when you need him! :bannana:

 

[Ted]

I've been thinking about this
I bought my first house in 1975 for £8,500
I started work in a Mercedes garage in 1976, and I remember that the most basic Mercedes (W123 200E, manual, no radio (or radio prep), MB-Tex,) was slightly over £5000, and the most expensive was the 450 SEL 6.9 (I drove one once - amazing car) was over £25,000

The house is now worth about £150k - so that would price the most basic car at around £90k and the 450SEL 6.9 at around £450k

I also remember that a set of 5 alloys for an S class was £625.
Around £11k at todays prices then!

Oh, and the house is in a very ordinary part of Coventry, with probably lower than average price increases.

 

[imadoofus]

In 1988 & 1989, there were just 22 cars for sale in the UK that cost more then the 560SEC.

5 Aston Martins
4 Porsches
4 Bentleys
3 Rolls Royces
3 Bristols
2 Ferraris
1 Lamborghini

The cheapest car on sale was the Fiat 126BiS, and at £2,895, you could have had almost 22 of them for the price of the Mercedes, and 43 for the price of the most expensive car (Aston Martin Vantage Volante)

From Mid 1988 to Mid 1989, average price increases for the above cars were:

Mercedes 2.3% - 560SEC only
Porsche 3.7%
Rolls Royce 5.6%
Lamborghini 7.3%
Bentley 7.8%
Bristol 11.6%
Ferrari 12.8%
Aston Martin 30.8% - Yes, thirty percent in a year!

 

[glojo]

15k will get you a nice Mondeo

Are we talking 'nice' Mondeo, or your Mondeo?

regards
John the Ford fan

 

[kbhogalW126]

a few years ago i wnet through some old what cars and used their infor to work out my then '96 sportline was best part of £60k

in 96 you could have almost bought a house for that which by now would be worth £150k as opposed to £5 for the car!

Sorry to go OT but I thought I would welcome "The GFP" who is the German Flower Pot on the "other" Forum.

Welcome!

Regards,

KJ