Thread: pricing of series one

Originally Posted by scarry

the vehicle was picked up (bought privately) in england,driven through europe & then shipped to west africa, & based in kumasi.it stayed there until 1966,before being shipped to england for a couple of months,& then shipped to brisbane where it has been since.

have got a few old photos of it in africa,etc,will have to sort them out & post them...

i have also found some log books for it

cheers

That history is worth more than the lump of metal it goes with

Originally Posted by procrastination inc

That history is worth more than the lump of metal it goes with

Yes, this is the sort of history that adds markedly to the value of the vehicle when it comes on the market - to get back on the original topic.

John

Originally Posted by Sleepy

Bit of a thread drift but here you go:

Average weekly wage in 1956 was about 17 pounds. It would have taken you about 42 weeks pay to pay for the Series 1. (Based on 730 pounds on road with a winch)

Average weekly wage in 2008 is about $1150, that is about 47 weeks wage (Based on $55,000 on road with a winch)

Sources:
http://www.abs.gov.au/ausstats/abs@.nsf/mf/6302.0
http://www.rba.gov.au/Statistics/OP8ExcelFiles/4-17.xls
http://www.ausstats.abs.gov.au/ausstats/free.nsf/0/38E934383752795ACA2573AD00200452/$File/13010_1956%20section%206.pdf

Actually I was quite surprised that the number of weeks is pretty close I had always thought that a car was still quite a luxury in the 50’s .

(Don’t flame me if I’ve stuffed the maths – I aint a statistician or an accountant – just thought it’d would be an interesting comparison!)

Edit - I think I do need an accountant because I just realised I haven't taken out income tax --- doh!

I always reckon it is much more complicated than that.
I argue that to work out how long someone would have to work to buy a car, you don't look at gross income.
You don't even look at after tax income.
You need to look at disposable income.

That is much harder to calculate, but I believe it is the only relevant measure.

Yeah probably not reasonable comparison. No doubt they were expensive for there time. I recall my grandfather saying his first AWA TV cost many hundreds of pounds in the late 50's - about 75% the cost of his new FE holden

I have a copy here of the receipt for a 1971 2A SWB that was purchased new and the buyer could have opted for a GT Falcon of the day. A standard family sedan was about 2/3 of the price.
Up until recent years when motor vehicles have become so much more affordable a new vehicle was approx twelve months wages for the average tradesman.
I also have an old Barrier Miner (Broken Hill) news paper from the 1950's when wool was 1 Pound a Pound and new Vauxhall Sedans were about eight hundred quid and the utes were a bit dearer.


Cheers, Mick.

Originally Posted by JDNSW

Your figures suggest that my memory of my father's income may have been about 1950 not 1956 - and there was a lot of inflation in that period.

Cars were more of a luxury then, but I think you will find that at that time the Landrover sold for little more than the Holden car - which was just about the cheapest you could get. Relative to other cars it is now a lot more expensive than it was fifty years ago.

And I think that the proportion of tax paid on an average income may well be less than it was then.

John

a bricklayer in 1954 take home pay was 9 pound a week when i finished my time in 1960 take home pay 11 pound a week

Originally Posted by scarry

<snip>
and here is a picture of it here.....still going strong

Pic taken away Paul?

and heres one to import--
1952 LAND ROVER SERIES 1 for sale | LRO.com, UK