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You have to remember that the cars that sold for $3000 back then did not have a lot of the items cars now have:
Seat Belts
Electonic Fuel injection
rust protection(cars made now hold up much better)
Power disc brakes
Collapsible steering columns
Reliable clocks
Good sound systems(usually only AM radios in those days)
Air Bags.
much better handling.
I have a 1963 Falcon(cost $1700 new) and I sometimes feel like I am taking my life in my hands when I drive it on freeway to car shows. Manual drum brakes, solid shaft steering column, solid metal dash, no seat belts. However, as it has a manual choke(not an automatic choke-one of the worst things ever put on cars in my opinion) it runs ok(but still not as good as my fuel injected truck).
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