psdenno Posted January 26, 2015 Report Share Posted January 26, 2015 In 1963, what was the cost of a bottle of Avanti Turquoise touch up paint at your local dealer's Parts Department? Link to comment Share on other sites More sharing options...
mfg Posted January 27, 2015 Report Share Posted January 27, 2015 Wow!, that's a good question. I can only hazard a guess......$1.99 ? Link to comment Share on other sites More sharing options...
Guest dapy Posted January 27, 2015 Report Share Posted January 27, 2015 Two bits. Maybe free. Link to comment Share on other sites More sharing options...
psdenno Posted January 27, 2015 Author Report Share Posted January 27, 2015 Two bits. Maybe free. Not free or 25 cents, but seemingly inexpensive by today's prices. Any other guesses? Link to comment Share on other sites More sharing options...
mfg Posted January 27, 2015 Report Share Posted January 27, 2015 How about my $1.99 guess? Did you miss it? Link to comment Share on other sites More sharing options...
Silverplate Posted January 27, 2015 Report Share Posted January 27, 2015 Fifty cents. Link to comment Share on other sites More sharing options...
psdenno Posted January 27, 2015 Author Report Share Posted January 27, 2015 Fifty cents. No. Link to comment Share on other sites More sharing options...
mfg Posted January 27, 2015 Report Share Posted January 27, 2015 Quite sure the correct answer is $1.99! Link to comment Share on other sites More sharing options...
regnalbob Posted January 27, 2015 Report Share Posted January 27, 2015 List price $1.00. Dealer cost $0.60. Link to comment Share on other sites More sharing options...
mfg Posted January 27, 2015 Report Share Posted January 27, 2015 Thanks Bob!, Would love to see prices like that today! Link to comment Share on other sites More sharing options...
psdenno Posted January 27, 2015 Author Report Share Posted January 27, 2015 List price $1.00. Dealer cost $0.60. Perfect answer. While a dollar may seem inexpensive today, in 1963 Federal Minimum Wage was $1.25 an hour. Factoring in inflation over the last 50 years, $1 in 1963 is equivalent to $9.69 in 2014. Link to comment Share on other sites More sharing options...
Guest dapy Posted January 27, 2015 Report Share Posted January 27, 2015 OK, if we assume that the base price of a 1963 R1 was $4500 what would that translate to today? Link to comment Share on other sites More sharing options...
garyc Posted January 27, 2015 Report Share Posted January 27, 2015 Based on psdenno's info I would estimate $34,884 for the same Avanti today. An interesting figure when pricing a reconditioned Studebaker Avanti today. Link to comment Share on other sites More sharing options...
psdenno Posted January 27, 2015 Author Report Share Posted January 27, 2015 Based on psdenno's info I would estimate $34,884 for the same Avanti today. An interesting figure when pricing a reconditioned Studebaker Avanti today. You're right on the money according to the on line inflation calculator I used ( http://www.davemanuel.com/inflation-calculator.php ) $34,883.72 out the door. Link to comment Share on other sites More sharing options...
Guest dapy Posted January 27, 2015 Report Share Posted January 27, 2015 Let's say the R1 in question is a quality, recent frame off restoration, with rebuilt original engine, working A/C and was as close to factory production as possible...if for sale what would the price be? How much would you pay for it assuming you had a choice of colors... Link to comment Share on other sites More sharing options...
mfg Posted January 27, 2015 Report Share Posted January 27, 2015 Probably 40 to 50K!! Link to comment Share on other sites More sharing options...
mfg Posted January 27, 2015 Report Share Posted January 27, 2015 Perfect answer. While a dollar may seem inexpensive today, in 1963 Federal Minimum Wage was $1.25 an hour. Factoring in inflation over the last 50 years, $1 in 1963 is equivalent to $9.69 in 2014. $9.69 is a bit optimistic perhaps? Link to comment Share on other sites More sharing options...
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