Quote Originally Posted by speedminded
oh yeah, figured it out! $1.00 in 2006 was equivalent to $0.19 cents in 1970...soo $0.19 in 1970 would buy you $1.00 worth of goods today.

Therefore a $12,000 car in 1970 is equivalent to a $63,157.89 today, which amazingly about the exact cost of a regular Porsche Carrera...BUT since the value of the dollar dropped 50% from 1970-1980 I can't determine what the EXACT value in 1973 was.
Ah, I got it...lol! The value of the dollar dropped 53% from 1970-1980 which is 5.3% p/year. If we said it dropped steadily each year then in 1973 about $0.26 = $1.00 today (technically 0.2567 = 1.00).

That means a $12,000 car (Carrera RS) in 1973 is equivalent to a $46,740.86 car today.

If a $12,000 car from 1973 is valued at $200,000 today that's a 1,666.6% increase in value.

CLIFF NOTES: Find me a $47,000 car today that will be worth over $783,000 in 34 years.