How Much Did Popular Cars Cost Every Year Since 1950? (in 2020 dollars)

Written by Carly Hallman

Have you ever wondered how much a new car cost in 1970, when the sporty Datsun 240-Z zipped onto the roads? Or perhaps you’re curious about how much a new car cost in 1993, when the Toyota Camry was gaining traction as one of the world’s most reliable cars. With the average new car price reaching an astronomical $47,000 in early 2022, the team at TitleMax.com explored the cost of popular cars throughout history going all the way back to 1950 (with an honorable mention of the legendary Ford Model T). To help put that value into perspective, here is a master list of how much a new car cost by year:

How Much Did Popular Cars Cost Every year Since 1950? (In 2020 Dollars) - Title Max Title Loans - Infographic

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How Much Did the First Car Cost?

The Benz Patent-Motorwagen, built in 1886, is considered to have been the world’s first automobile (a vehicle designed to be driven by an internal combustion engine). The original cost was $1,000, which is the equivalent of a staggering $29,909.36 in today’s dollars! About 25 Patent-Motorwagens were constructed between 1886 and 1893.

How Much Did the Model T Cost?

The Model T was the earliest effort to deliver a sturdy, reliable vehicle that most people could actually afford. It succeeded in this mission; the Model T became so popular that the majority of Americans owned one, and it played a crucial role in uniting rural Americans with the rest of the country. It even contributed to the creation of the numbered highway system. When the Ford Model T was first introduced in 1908, it cost $825. During this time, Henry Ford was in the process of streamlining the production process, and only 10,666 Model T’s were built that first year. How much did a Model T cost in today’s money? Adjusted for inflation, a Ford Model T would have cost around $24,835. Within the next few years, Ford’s legendary assembly-line production methods reduced the speed of manufacturing one Model T from 12.5 hours to 93 minutes by 1914. This enabled Ford to reduce the price to $440, which is about $11,368 in today’s currency. By 1925, the Model T production numbers reached around 10,000 cars a day, or 2 million annually, at a price of $260 ($3,837 today). Total Model T production remained unsurpassed until it was overtaken by the Volkswagen Beetle on Feb. 17, 1972.

How much is a Model T worth today? According to Classic.com, original Model T vehicles that were been produced from 1909 to 1927 have sold for up to $110,000, but the average Ford Model T price over the past five years has been $16,147. How many Model T’s are left? Motorious.com estimates that there are 60,000 Ford Model T’s surviving today, with 50,000 of those still in roadworthy condition. In fact, you can test-drive a restored Model T at the Henry Ford museum!

How Much Did Popular Cars Cost Every Year Since 1950?

Year Car Price in 2020 Dollars
1918 Ford Model T $24,835.00
1950 Dodge Coronet $10,200.00
1951 Kaiser-Frazer Henry J $13,832.00
1952 Buick Roadmaster $33,124.00
1953 Packard Clipper $25,981.00
1954 Plymouth Belvedere $18,000.00
1955 Chevy Bel Air $23,592.00
1956 Jeep Dispatcher $13,158.00
1957 Ford Sunliner $27,096.00
1958 Renault Dauphine $15,288.00
1959 Ford Anglia $13,688.00
1960 Rambler Ambassador $27,630.00
1961 Jaguar E-Type $52,222.00
1962 Ford Galaxie $22,744.00
1963 Lincoln Continental $53,748.00
1964 Ford Mustang $19,252.00
1965 Chevrolet Impala $25,240.00
1966 Volkswagen Beetle $12,660.00
1967 Chevy Camaro $23,401.00
1968 BMW 1800 $19,646.00
1969 Plymouth Roadrunner $23,363.00
1970 Datsun 240-Z $23,519.00
1971 Chrysler New Yorker $35,498.00
1972 Ford Maverick $13,432.00
1973 Chevy Monte Carlo $19,906.00
1974 AMC Gremlin $13,330.00
1975 Volvo 242 $25,477.00
1976 Oldsmobile Cutlass $21,719.00
1977 Pontiac Trans Am $23,301.00
1978 Honda Civic $17,744.00
1979 Toyota Celica ST $21,136.00
1980 Buick Regal $26,808.00
1981 Dodge Colt $18,366.00
1982 Ford Escort $15,710.00
1983 Volkswagen GTI $20,788.00
1984 Chevrolet Cavalier $16,191.00
1985 Buick Skyhawk $22,004.00
1986 Chevrolet Celebrity $23,045.00
1987 Nissan Stanza XE $23,887.00
1988 Nissan Sentra $17,538.00
1989 Honda Accord $33,186.00
1990 Nissan 300ZX $53,465.00
1991 Toyota MR2 $31,159.00
1992 Ford Taurus $31,159.00
1993 Chevrolet Lumina $25,075.00
1994 Toyota Camry $26,441.00
1995 Saturn S-Series $23,673.00
1996 Subaru Legacy Wagon $25,060.00
1997 Chrysler Town & Country $50,738.00
1998 Toyota Camry $26,894.00
1999 Chevrolet Tracker $25,734.00
2000 Chevrolet Malibu $27,959.00
2001 Jeep Wrangler $22,091.00
2002 BMW 7-Series $67,850.00
2003 Mitsubishi Lancer Evolution $28,987.00
2004 Ford Taurus $23,029.00
2005 Chevrolet Impala $25,005.00
2006 Audi R8 $148,919.00
2007 Toyota Corolla $18,723.00
2008 Hyundai Accent $17,220.00
2009 Honda Civic $23,122.00
2010 Toyota Prius $26,111.00
2011 Chevy Volt $47,173.00
2012 Subaru Impreza $20,590.00
2013 Honda Accord $22,480.00
2014 Toyota Prius $23,215.00
2015 Hyundai Genesis $42,531.00
2016 Honda Civic $21,027.00
2017 Ford Fusion $32,591.00
2018 Toyota Camry $30,569.00
2019 Chevrolet Corvette $56,590.00
2020 Lexus IS $39,050.00

This infographic is brought to you by TitleMax car title-secured loans.


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