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$5,000 in 1917 is worth $116,293.36 today.
That’s about the price of a Cadillac Escalade Platinum or Porsche Taycan 4S.Report
Here’s a summary of Ford’s production around that era (which between the war and it starting to get real competition, ebbed until the end of decade). (The overall economy was in a bit of a flux too, with the war creating some shortages and the first significant bout of inflation signifying the end of the Long Depression / Long Deflation period of the (first) Gilded age). (and income tax was taking a bite for the first time)
But still, the highest end Ford was well under a thousand (those years) dollars. So, this to me is like throwing around Lambo or Bentley money for this era.Report
Fiat money.
No pun intended.Report
He may be wearing jeans, but has a coat, tie, and hat. We should ask Saul to comment on the ill-fitting t-shirt the world’s richest man — okay, second richest man now — was wearing at the World Cup.Report
Agreed, this salesman failed the first salesman test- assume every person who walks in the door can somehow afford it.Report