Here's what a Mustang cost 25 years ago

[Chuck]

This was my 4th Mustang. Bought it new and had it for 9 year. Was a nice car but, in reflection, I can say with certainty that driving a lot on the freeway with the top down definitely damages hearing.

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[superdave80]

My '99 was $17.5k (MSRP). 18 years/255k miles when I sold it, and still running. Two alternators and a fuel pump were the extent of my repairs in all that time. Easily the best car I've ever owned.

 

[belledog]

I paid $12k for my hardtop 1985 GT new.
That was the last carbureted year.

 

[Sjboyer]

My ‘65 K code convertible was $3,300 new in sept ‘64.

 

[nvabill]

This was my 4th Mustang. Bought it new and had it for 9 year. Was a nice car but, in reflection, I can say with certainty that driving a lot on the freeway with the top down definitely damages hearing.

$44,339 in today's dollars.

 

[nvabill]

My ‘65 K code convertible was $3,300 new in sept ‘64.

$34,389 in today's dollars.

 

[nvabill]

I paid $12k for my hardtop 1985 GT new.
That was the last carbureted year.

$36,028 in today's dollars.

 

[nvabill]

My '99 was $17.5k (MSRP). 18 years/255k miles when I sold it, and still running. Two alternators and a fuel pump were the extent of my repairs in all that time. Easily the best car I've ever owned.

$33,934 in today's dollars.

 

[Mach1E]

Found this fun MSRP vs inflation for every Mustang year pic on the web-

source- https://content.speedwaymotors.com/...wNjc4NzgkbzEkZzAkdDE3NTYwNjc4NzkkajU5JGwwJGgw

 

[valeriol]

Found this fun MSRP vs inflation for every Mustang year pic on the web-

source- https://content.speedwaymotors.com/...wNjc4NzgkbzEkZzAkdDE3NTYwNjc4NzkkajU5JGwwJGgw

Which shows why it was such a success when introduced, imagine being able to buy a fun car like that for 25K today, we would all have one for weekends.

 

[nvabill]

Which shows why it was such a success when introduced, imagine being able to buy a fun car like that for 25K today, we would all have one for weekends.

You can literally buy a new Mustang today much better equipped than anything Ford had in 1964. The price, just under $33,000, so, my question, you gonna buy one for your weekend car?

 

[Sjboyer]

My ‘65 K code convertible was $3,300 new in sept ‘64.

Wish I still had it - 4 speed, 289/271 HP Shelby. In good shape it could bring around $100k.

 

[Mach1E]

You can literally buy a new Mustang today much better equipped than anything Ford had in 1964. The price, just under $33,000, so, my question, you gonna buy one for your weekend car?

It’s all relative though. “Adjusted for inflation” is only half of the story.

Why? Because the “average American” is waaaaaaay more wealthy than we were in 1964.

Sure, you could get a Mustang for $3300 back then. But that was HIGHER than the per capita income in 1964.

Today you could buy more than TWO Mustangs with our per capita income.

https://fred.stlouisfed.org/data/A792RC0A052NBEA

Even though the $33,000 Mustang today is higher than inflation compared to the $3300 Mustang back then, it’s way more affordable to the average person.

 

[JoeBeach]

My ‘65 K code convertible was $3,300 new in sept ‘64.

I lusted for the Mustang when I mustered out of the Army in May of '64. But that price was so far out of my finances after serving, that I just had to dream.

 

[ChehRob]

My '65 red mustang, me about to be fresh out of school, was $2250. Parking in NYC the last two weeks even then was hell. Driving across the country in the midst of the construction of the Interstate was great.

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