Papaya
Well-Known Member
- Joined
- Aug 3, 2014
- Threads
- 11
- Messages
- 1,217
- Reaction score
- 82
- Location
- Stony Plain, Alberta
- First Name
- Holger
- Vehicle(s)
- F150 2.7 EcoBoost
Sorry I am late.In 1964/65, the minimum wage was $1.25 ($2,600/year at about $6 in 96 $s)
Mustang at $2400 to $3500
In 2014, the minimum wage was/is $7.25 ($15,000/year at about $5 in 96 $s)
Mustang at $24,000 to $45,000
Of course Average Yearly wage is quite different from the Minimum, but You decide why!
I did see a docu in Germany about the car industry. Car prices are calculated at a average 10 month income of a worker. Selling a Mustang in 1964 for $2,400 and in 2015 for $24,000 still shows how car prices are calculated.
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