13 Cars That Cost More Than They Used To - 24/7 Wall St.
Every year, car manufacturers tinker with their lineup and introduce new makes and models in order to reach new customers and keep the brand image fresh. While this practice is important for automakers, it is the tried-and-true legacy brands — such as the Ford F-Series, the Toyota (NYSE: TM) Corolla and Camry, and the Honda (NYSE: HMC) Civic — that represent the biggest sellers in the U. S. auto... A Ford (NYSE: F) F-100 cost around $6,100 in 1980, which in today’s dollars is about $8,700 less than the cost of its modern equivalent, the F-150. With some other long-tenured brands, the difference was even greater. 24/7 Wall St. reviewed the 13 legacy car models with soaring prices. Every model sold today and that was available 35 years ago is more expensive now than it was in 1980. However, after adjusting for inflation, some models cost less, some more, and some far more. These 13 models cost thousands, and in some cases tens of thousands of dollars more than they did 35 years ago. The equivalent model sold in 2014 cost more than $47,000. In an interview with 24/7 Wall St. , Tim Fleming, analyst for Kelley Blue Book (KBB), explained that one reason for the differences in prices among these car brands is that despite still... Source: 247wallst.com
