How much did a new car cost in 1933?

My grandpa used to be a big car enthusiast, and I want to learn more about what cars were like when he was a kid. How much did a new car cost in 1933?

Answer
The history of cars is both fun and complex! The average cost of a new car in 1933 was around $600. That said, this would be equivalent to around $12,000 today.
Given that the average vehicle costs about $35,000 today—these are pretty shocking numbers! But the sharp rise in vehicle costs since 1933 is due to a mix of inflation and increased complexity. Nowadays, cars include computers, parking sensors, screens and a variety of other accessories that would have been unthinkable 90 years ago!
As cars became more powerful and complex, insurance policies also grew to be expensive and complicated. Luckily, the Jerry app can help you compare personalized quotes from top providers, like Nationwide and Allstate, so you can find a better rate!
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Phoebe Mah
Answered on Nov 23, 2021
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