How much did cars cost in the 60s?
The cheapest car for sale in UK in 1965 was the Fiat 500. You could buy one for £470. There was even a sunroof included! In today's money that would have been £5,600. You would struggle to find a new car for that price in Britain today.
The most expensive cars were two Italian super-cars, the Ferrari 275LM and the Ferrari Superfast PF Coupé. The manufacturer's price for each car was £11,519. In today's money they would have cost £158,000.
An average house cost £3,400 in 1965. You could have bought three houses for the price of the Ferrari.
Most cars cost from £500 (£6,800 in today's money) for small cars such as the Mini and Ford Anglia, to around £1000 (£13,600) for the large Fords, Vauxhalls and Austins. Cars were much cheaper in the 1960s than today. Try finding a new BMW 5 series for £13,000.
This table shows a range of well-known cars and their prices in 1965.
|Cost||In today's money|
|Reliant 3 Wheeler||£487||£6,700|
|Ford Cortina (four door)||£668||£9,100|
|Vauxhall Victor 101||£690||£9,400|
|Ford Zephyr 6||£900||£12,300|
|Jaguar MkII 2.4 litre||£1,389||£19,000|
|Aston Martin DB5||£4,412||£60,000|
Source:'Motor' week ending 16 October 1965, pages 180-82
Used cars up to about five years old held their price well. For example a 1961 Austin Cambridge was offered for £390. The equivalent new car was £772.