As Average New Car Prices Cross $50,000, Drivers Remember What They Spent on Their 1st Ride
Running a repair counter for years teaches you some things. One is that folks always remember the early car that either saved their hide or caused undue pain. And they remember exactly what they paid for it. Now that a typical new car floats past 50 grand, our Facebook community has been looking back at their first sets of wheels.
I sorted through them and grouped the most common themes so the shared memories don’t get lost in the scroll.
Bargain hunters who stretched a dollar
Plenty of folks jumped in with prices that wouldn’t cover a modern tire replacement.
One driver wrote “400 dollars” for an “1986 Toyota van.” Another said “$300 for a 63 Chevy Impala 4door in 73.” Someone else remembered paying “250 dollars for a 1956 [Chevy] Apache truck.”
A few landed even lower. One comment simply read “175 .00.” Another paid “$35 for a 54 Lincoln with 225,000 miles on it, in 1964.”
I could almost feel a tone of pride, as if those deals now live in the same category as gas for 20 cents.
Gifts, hand-me-downs, and the kindness that gets you on the road
Some didn’t spend a cent.
One person shared, “Nothing. Graduation present from dad in 1966. Was a 1961 Ford.” Another said “My first car was given to me.”
One story went even further into family lore: “my mom’s 641/2 mustang 2,500.00 right off the show room floor she had to order it.”
Others got cars because someone wanted them out of the yard, like the commenter who wrote that a “1969 Dodge charger general Lee” cost them “Nothing a old farmer giving it to me to get it out of his field.”
The ‘I worked for it’ crowd
People who earned their wheels the hard way showed up strong.
One wrote “Two weeks hard labor digging a ditch fifty feet long. For a 36 chevey pickup coupe!”
Another bought a “1961 Ford Galaxy 500 for $50” from a coworker who was leaving his wife and didn’t want her getting the car.
Payments made it into the chat too. One person remembered “$41.00 a month.” Another said their first Mustang came in at “2,895.00 68.00. A month.”
Performance icons before they were collectibles
A few commenters casually dropped cars that now spark bidding wars.
One wrote “Bought a 1968 Camaro SS/RS 396-375 in 1969 for $3350.00.” Another remembered a “1956 Chev Bel Air convertible” for “1200.00.”
Someone else said their “1968 GTO” cost “108.10 per month.” At the time, some of these were “just cars.” Now, though, they happen to be legends.
Today’s younger buyers feel the squeeze, but can still manage
The lone teenager in the thread summed up the modern reality.
“I’m 19 and just bought a 2002 F150 for $3,500… the insurance is expensive (almost $300), but I’m financially willing to pay that.” He already daily-drives a 1996 Explorer and appreciates reliability wherever he can get it.
Even stacked against today’s prices, these answers aren’t just nostalgia
They underline how dramatically the market shifted. A lot of these folks spent less on an entire car than many people spend on a single monthly payment now.
Used cars sit higher than they should. New cars rarely dip below luxury territory. Yet the thread also showed something steady: people found a way. Whether it was a cheap beater, a hand-me-down, or a deal earned with sweat, they made the numbers work.
The grind feels heavier today, but with some grit, discipline, and a willingness to look past the shiny stuff, it’s still possible to get rolling without losing your footing.