It did massively drop the price. But our cars have 10x the crap stuffed in them.
My '82 Grand Am didn't have 9 airbags, crumple zones, 16 speaker surround, automatic suspension, heated seats, chilled steering wheel, an entertainment center that can play movies and make phone calls, a navigation system, tires that tell me their air pressure, 11 cup holders.
It did have an ashtray though. And it got about 15 miles to the gallon and had half the horsepower of a mini-cooper.
(shrug) Ok. I do think that the appeal of the Volkswagen Beetles throughout even the 80's was their low-cost, no-frills design.
But my Dad once made an interesting observation. He asked me do you know what I paid for our first color TV? It was typical 60's style - wooden case, four feet, stood on the floor - vacuum tubes. "Yes I do - 600 dollars". He was actually a little surprised I knew, since I was six years old at the time and said "that's right. How much do you think a comparable TV sells for today?".
KIND of a trick question but he was leading to something. "TVs today are VASTLY better. They're huge, flat screens, deliver superior sound and picture - there's like zero comparison. THAT old TV had color, but it was grainy, you had to turn it on and off and change channels manually - and the mechanical parts broke just as often as anything else".
It wasn't for nothing that the 60's coined the phrase "planned obsolescence".
He asked "what does that tell you?". "That advances in technology makes products cheaper".
"Usually. How about how much the dollar was worth, in 1966, compared to today?" "A lot less --" not knowing precisely.
"So today's TVs are basically - CHEAPER than they were then, and better".
I miss our conversations - I'd give anything to have one more.
ANYWAY - I have of course, noticed that NEW technologies - TVs and computers, obviously - are expensive when they come out, but get cheaper with time. I remember the first calculator our family got, around 1973. It was a four function calculator. I think it ran about 40 bucks. Even as little as 15 years later, in the mid 80's, simple four function calculators were SO CHEAP, sometimes they were GIVEN AWAY as promotional items.
So how come so many things NEVER got cheaper?