![]() 02/11/2015 at 11:43 • Filed to: Lincoln Model K | ![]() | ![]() |
Lincoln Model K with a limo body. How rich did one have to be to buy this in the 1930's?
![]() 02/11/2015 at 11:51 |
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Richer than Jay Z.
![]() 02/11/2015 at 11:52 |
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A little less rich than these dudes.
![]() 02/11/2015 at 11:53 |
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It probably wouldn't be that hard to research the selling price of one of those back then and compare it to the median US income. If you had to ask, you probably couldn't afford it.
![]() 02/11/2015 at 11:53 |
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A rough CPI calc puts a regular '36 K-Series limo at roughly $60-65k in today's money.
![]() 02/11/2015 at 11:57 |
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Original selling price: $8350
1935 median US income: $474
![]() 02/11/2015 at 12:06 |
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and a sincere lack of financing options.
![]() 02/11/2015 at 12:07 |
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Pretty damn rich. Not quite Duesenberg money, but not much was.
![]() 02/11/2015 at 12:50 |
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Pretty damn rich! Considering anyone who could afford one in the 1930s must have been insanely well offer to weather the crash that well.
![]() 02/11/2015 at 13:29 |
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Well using this site http://www.usinflationcalculator.com/ and the information that a 1936 K model for 7 passenger had a retail of $4,700, you would pay in today money - $80,047.42.. Not that much!
And, considering, like our friend said, that the average income was $474 (or $8,072,87), I think quite a few people... But still, I don't have a clue how many americans earn 8k/month