1970: The COST of a CAR | Nationwide | Retro Transport | BBC Archive

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BBC Archive

BBC Archive

Жыл бұрын

Britain has become a nation of devoted car lovers, with an estimated 11 million vehicles now on the roads. But just how much does it really cost to run one of these 'temples on wheels'? Nationwide's Jack Pizzey arms himself with a marker pen and reports on the real price of running an average car - in this case a 1968 Austin 1300 - for one year.
Originally broadcast 30 January, 1970.
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Пікірлер: 402
@zivkovicable
@zivkovicable Жыл бұрын
The most shocking comment was the motorist telling us he paid £7.10 a month for his mortgage..
@cisium1184
@cisium1184 Жыл бұрын
Actually I think it was £7.10 a week. The Morris was £10 a week. And remember, this is pre-decimalization and pre-VAT.
@whyshouldwecare3267
@whyshouldwecare3267 Жыл бұрын
That would work out as anout £129 a week or £516 a month mortgage repayments.
@TheIronInspector94
@TheIronInspector94 Жыл бұрын
Considering that the date is pre-decimal money, I think he may have meant £7 10/-, Which is £7.50 in new money
@brianmorecombe2726
@brianmorecombe2726 Жыл бұрын
Shocking as in low or high? £7 is £86 a week in todays money and i pay £54 a week on my mortgage
@nigel900
@nigel900 Жыл бұрын
What aught to be shocking is what has happened to the cost of everything today.
@classlessbozo317
@classlessbozo317 Жыл бұрын
“I was hoping for 425, do you think you could stretch to that a bit?” “No, some idiot has written on the side of the car with a permanent marker pen.”
@0badboy0
@0badboy0 Жыл бұрын
lmaoooooooooooooooooooooooooooooooooooooooooooooooooo
@edmundpower1250
@edmundpower1250 Жыл бұрын
😂😂😂😂😂😂😂You should write comedy that was brilluant😅😅
@CMinorOp67
@CMinorOp67 Жыл бұрын
That’s hilarious!
@TonyGoff-Yu
@TonyGoff-Yu Жыл бұрын
Lol
@paulhaley5009
@paulhaley5009 3 ай бұрын
Hi claslessbozo317..yes he didn't mention the money for a spray job...😅😅😅
@merik7928
@merik7928 Жыл бұрын
that was the most elegant price negotiation i have ever seeen lmfao
@boggsmcbiggins5272
@boggsmcbiggins5272 Жыл бұрын
Very well, splendid! 😂
@tatsnneeps341
@tatsnneeps341 3 ай бұрын
Jolly hockey-sticks 😂😂
@itskirbee
@itskirbee 3 ай бұрын
The 'Oh I couldn't care less, Life's too short' lady was at a level of carefree happiness I feel I could only dream of achieving given today's world
@wacokidjim1973
@wacokidjim1973 4 күн бұрын
That lady has money and a lot of it
@JJONNYREPP
@JJONNYREPP 2 күн бұрын
1970: The COST of a CAR | Nationwide | Retro Transport | BBC Archive 0637am 30.5.24 neither can i, young lady, well said. the haggling scene reminded me of derek and clive's are you handy scene..... or this man came up to me.... and/or val being jesus.
@gpo746
@gpo746 Жыл бұрын
I own a classic car from 1967 , Ironically, It actually costs me less to run it now than it would then. No Tax to pay, No MOT to pay £88 per year insurance fully comp . Parts are dirt cheap.
@Andrew-yf3lu
@Andrew-yf3lu Жыл бұрын
How are parts dirt cheap for a classic car?!
@paulhellawell5920
@paulhellawell5920 2 ай бұрын
Sinclair C5 ?
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
epic comment by the lady at the end " Cant care less! Lifes too short! "
@chuckemmorll2821
@chuckemmorll2821 Жыл бұрын
She had no idea how others lived, born into extreme wealth.
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
@@chuckemmorll2821 true probably!
@mikemartin2957
@mikemartin2957 Жыл бұрын
@@chuckemmorll2821 she'd get a huge comedown when trading in that Zodiac as the depreciation & running costs were crippling ,even to a snob like her! It was probably banger raced by 1975
@probono3284
@probono3284 Жыл бұрын
She was right - she’ll be dead 💀 by now.
@cz2301
@cz2301 Жыл бұрын
She must vote tories
@eagle_rb_mmoomin_418
@eagle_rb_mmoomin_418 Жыл бұрын
Loved the posh lady at the end in the big expensive Vauxhall (I think) booting it out of the petrol station 🤣🤣
@peterscotney1
@peterscotney1 Жыл бұрын
it was a ford zephyr , i loved those cars as a kid ! by the time i was old enough to drive one ....they were virtually all gone ! smashed up in destruction derbys , scrapped or rotting away beyond repair in someones yard.
@JohnHonda101
@JohnHonda101 3 ай бұрын
I knew there would be a comment about here, I bet she was a great Filly.
@TheHorsebox2
@TheHorsebox2 Ай бұрын
​@@peterscotney1My favorite Ford. Must be an Executive, though.
@TheVintageApplianceEmporium
@TheVintageApplianceEmporium Жыл бұрын
3:45 "Right! Well, don't say I didn't warn you! I've laid it on the line to you time and time again! Right! That's it! I'm going to give you a damn good thrashing!" 🤣
@ianstoys13mgs
@ianstoys13mgs Жыл бұрын
You have to be off a certain age to know exactly what your on about..... Sybil
@jdb47games
@jdb47games Жыл бұрын
It had a fawlty manuel gearbox.
@tman5634
@tman5634 Жыл бұрын
Brilliant 👏
@Victor-DOOM
@Victor-DOOM 3 ай бұрын
Love that faulty towers episode gormet night with the branch hitting lol
@TheHorsebox2
@TheHorsebox2 Ай бұрын
​@@jdb47gamesOoh...nice one.
@nigden1
@nigden1 Жыл бұрын
I was 19 then, and lads my age bought cars for a fiver regularly, if you were lucky it'd last 6 months or so. My dad started a small body/chassis repair business, just him and a young lad, Morris 1100's he worked on constituted most of his business. Sub frames rotted like carrots and the suspension fell to bits.
@mancavehobbies6213
@mancavehobbies6213 3 ай бұрын
GOOD OLD DAYS 🤣
@cosmos7492
@cosmos7492 Жыл бұрын
The Lady at the end of the video hit the nail on the head lol
@Neil-Aspinall
@Neil-Aspinall Жыл бұрын
" What, 10 pounds a week, you could buy a house for that!"
@malcky630
@malcky630 3 ай бұрын
you really could.
@jacobmassey3897
@jacobmassey3897 Ай бұрын
That's still only £194 in 2024!!!!
@soundseeker63
@soundseeker63 Жыл бұрын
Depreciation has always been one of the biggest cost when buying a new (or new-ish) car and that still holds true today. I've never understood why so many people feel the need to pay £300 every month for the privilege of a brand new car every 3 years when you can get a decent set of wheels for a couple of grand and if you look after it properly that might last you 5 or more years. Ok it won't be the latest model or anything flash but nor will it be such a huge financial drain. And lets face it there is no fun to be had in driving anymore no matter what car you've got. The Government have made sure of that!
@david1731048
@david1731048 Жыл бұрын
Car payments are easily the biggest and most common wealth killer of the working classes.
@tman5634
@tman5634 Жыл бұрын
100% bang on
@resnonverba137
@resnonverba137 Жыл бұрын
The situation over the last few years has changed, depending on what sort of car one buys. If you are so negative towards cars and driving, what on earth were you doing watching this upload?
@annother3350
@annother3350 11 ай бұрын
@@resnonverba137 He's not being negative towards cars, he's suggesting a cheaper way to do it
@annother3350
@annother3350 11 ай бұрын
People pay 300 a month for peace of mind and reliability
@NoosaHeads
@NoosaHeads Жыл бұрын
All I have to say is:- "Wow" ! P.S. I would say costs have risen by 25 times since 1970. - so the Morris 1300 cost £550 ie, £13,750 or $20,000 in today's terms. My father bought a Jaguar XJ6 in 1970 - it cost £2,000. It seemed like a huge amount at the time. (My parents sold a nice 4 bedroom house in the north of England for £8,000 in 1969. They bought it for £4000 in 1956). From about 1970 - 1976 there was hyperinflation. Costs rose, literally, weekly. It was a terrible time and bank interest rates went through the roof in the 1974-1976 period. I think we're in a similar inflationary period now.
@nkenchington6575
@nkenchington6575 Жыл бұрын
Terrible? Wages kept pace to a much greater extent. The CEO / average worker pay ratio was far healthier. Notice that the HP example in the film was over 24 months, whereas people take on 5 or even 6 years' worth of debt against their depreciating car these days. The average person's wages went further back then. My dad was an area manager for Little Chef in the mid and late 70s, and my mum gave up her job because his salary was enough for a very comfortable life. I grew up in a very nice 1930s semi, with a large garden, and my brother and I wanted for very little.
@legin3753
@legin3753 Жыл бұрын
@Jack Warner Ya essex 😝
@112chapters3
@112chapters3 Жыл бұрын
@@legin3753 post war 4 bed house in 1982/83 in Birmingham in an nice area At the timeI think was £36,000
@NoosaHeads
@NoosaHeads Жыл бұрын
@Jack Warner It was a nice, architect designed house. The area was a good middle class urvan place. Definitely not posh but certainly most home owners were very house proud.
@NoosaHeads
@NoosaHeads Жыл бұрын
@@nkenchington6575 Good point about the 24 months and you're right about the CEO/average worker ratio. I used the word "terrible" because we were all worried about what the costs would be "in 6 month's time". People were scared of taking on a loan in 1974-1976 because the interest rates looked set to go up to 15-20%. Thankfully, that didn't happen but they did get to about 12% for a period of time. Had that persisted, it would have bankrupted many borrowers.
@VicodinElmo
@VicodinElmo Жыл бұрын
The underestimation on the part of the interviewees is clearly a result of them not factoring in the depreciation. I don’t know many people who calculate their vehicle’s depreciation in their daily/weekly/monthly running costs. Largely because it’s difficult to predict but also just because that’s a “later” problem.
@micheals1992
@micheals1992 Жыл бұрын
You don't need to factor in depreciation if you run the same car until it dies. although the recent used car price bubble my car (same model year and the extra mileage accumulation) my car was selling for the same price (£5,450) I bought it for 8 years ago at 2 years old with 10,000 miles in 2014. It didn't last long though. I've spent more on fuel then I have the car, £7053.25 in fuel to drive 87276 miles and that's mostly kept down by the fact it's a small petrol Toyota Aygo that's averaged 69.8mpg over the entirety of those miles. (It's from figures tracked using fuelly).
@woodstocknun
@woodstocknun Жыл бұрын
the lady in the end was great, absolutely great, absolutely wonderful, she got it right!
@starr1997
@starr1997 9 ай бұрын
Her husband paid for it, that's why!😂
@rangerlcfc
@rangerlcfc Жыл бұрын
I would’ve absolutely died if that lady clipped the wall 😂😂😂
@jamespiper8736
@jamespiper8736 Жыл бұрын
“Oh I couldn’t care less, life’s too short” oh the good old days.. glad we’re not paying for it now… Another Great archive film though, it’s great seeing all those now-classic-cars just being driven around as an average get around
@BOZ_11
@BOZ_11 Жыл бұрын
she can say that because her husband foots the bill. nice little motor that was
@user-hq1pz9pc6u
@user-hq1pz9pc6u 3 ай бұрын
1960s was a bad time to go through. These people are great and eloquent. It's what made their civilization conquer half the world and become the most successful. But then again, the present is still the best time to live for most humans.
@solsol1624
@solsol1624 Жыл бұрын
Amazing that it cost more than a mortgage, times have changed. Also I winched at him getting under the car with just a jack. Not a 3 tonne one mind, but an OEM.
@thebadgamer1967
@thebadgamer1967 Жыл бұрын
I'm 54 and I'm wtf, I know wages were low but seriously £7 that's crazy
@SuperKede
@SuperKede Жыл бұрын
@@thebadgamer1967 I don’t think they where lower back in the 40’s. My grandma made about $7 a week.
@tatyboy1337
@tatyboy1337 Жыл бұрын
Cars cost the average UK person over 6k a year. not hugely dissimilar to mortgages now.
@peterscotney1
@peterscotney1 Жыл бұрын
was thinking that myself...lol
@rogersmith8339
@rogersmith8339 Жыл бұрын
I have not had a real mortgage for some time and have only ever bought one car on HP, but it would be interesting to do a genuine comparison today. I think some people might be shocked!
@minimaxi802
@minimaxi802 Жыл бұрын
The Austin or Morris 1100 refused to start in similar fashion to John Cleese in Fawlty towers who thrashes his red one with a tree branch.
@swaneknoctic9555
@swaneknoctic9555 Жыл бұрын
04:13...Clearly for the camera. A BBC presenter fixing a car! These people wouldn't get out of bed for a mechanics wage!
@videogamebookreviews
@videogamebookreviews Жыл бұрын
"We'll keep a tally of what it costs as we go along." Well, vandalising it like that will only reduce the value. :-) 2:21
@NoosaHeads
@NoosaHeads Жыл бұрын
He was probably using a Chinagraph pencil.
@CamcorderSteve
@CamcorderSteve Жыл бұрын
These days of course the BBC would be using flashy captions.
@ianrobinson9243
@ianrobinson9243 Жыл бұрын
I like the £100 a year in petrol , that’s a tankful now.
@unarmedduck
@unarmedduck Жыл бұрын
£100 in 1970 =£1229 in 2022
@PurpleTT99
@PurpleTT99 Жыл бұрын
@@unarmedduck (I did this for my own curiosity but thought I'd share it!). £1,229 at £1.70 a litre buys you 723 litres or 159 gallons. Therefore a car today doing 40mpg would get 6,360 miles from today's equivalent of £100 in 1970. Our chap in the film got 10,000 miles from £100, so fuel is considerably more expensive now (assuming his Austin did 40mpg). QED.
@foryou6888
@foryou6888 Жыл бұрын
@@PurpleTT99 No chance it was anywhere near 40mpg, those are the modern cars, we are talking about engines from 50 years ago.
@PurpleTT99
@PurpleTT99 Жыл бұрын
@@foryou6888 Yeah fair point.
@garminbozia
@garminbozia Жыл бұрын
@@PurpleTT99 bro that thing was probably doing 1 mile per gallon 😂
@jeptioak
@jeptioak Жыл бұрын
I'm surprised the guy he's selling the car to didn't mention the calculations on the side.
@Zlervo
@Zlervo Жыл бұрын
😆😆😆
@mickmac2223
@mickmac2223 Жыл бұрын
:-)
@annoldham3018
@annoldham3018 Жыл бұрын
Priceless. 🤣
@MrCamel-mb3nd
@MrCamel-mb3nd Жыл бұрын
The average weekly wage in 1970 was £18.37
@a.gordon.1385
@a.gordon.1385 Жыл бұрын
For those watching in 2050: Ten pounds a week is about three million pounds adjusted for inflation .
@peterscotney1
@peterscotney1 Жыл бұрын
3 million pounds ? whats that in zonks ?
@ravenmasters2467
@ravenmasters2467 Жыл бұрын
Correction: for those watching in 2028
@JackFlower
@JackFlower Жыл бұрын
£100 a year in petrol would equate to £1,719.36 in today's money.
@unnamedchannel1237
@unnamedchannel1237 Жыл бұрын
Depends on how far you drive to compare it
@joesam7744
@joesam7744 Жыл бұрын
10,000 miles average. Today it's far below that.
@campbellgraham1979
@campbellgraham1979 Жыл бұрын
@@joesam7744 it must be cos my car is 10 years old with 58,000 miles on the clock.
@tsr207
@tsr207 Жыл бұрын
The thing is these BL cars didn't start in winter ! That sound of a Morris clanking starter was familiar in the 70s.
@ethelmini
@ethelmini Жыл бұрын
Ah the ideological lies of the capitalist media. If it was familiar it's only because BL still had a major market share. Ask anyone with actual experience about the useless automatic chokes on Fords & VWs and the healthy market in manual conversions. BL had the A & B Series engines, with Westlake combustion chambers, best best burners going with ultra simple & effective SU carburettors. If you couldn't get one started it was your own fault.
@TheConsettcowboy
@TheConsettcowboy Жыл бұрын
Bring those sort of prices back. Every motorist like myself would be as happy as hell.
@andrewgage6942
@andrewgage6942 Жыл бұрын
Let's have house prices come down to that sort of level too, prices have spiralled out of all control now, I'm glad that I'm one foot in the grave, I don't even think that I would be able to afford to retire, my pension is worthless, no doubt means testing will come in to see if we qualify for state pension by the time retirement comes around for me. "Oh you have a car, sell it, your own home, sell it, I see you're wearing clothes, sell them, you should be able to afford to live on the street"
@garminbozia
@garminbozia Жыл бұрын
10 pounds in the seventies is about 180 pounds in today's money, you can get a banging SUV fult optioned for that weekly budget that would make those trash dumpsters on wheels pale in comparison.
@andrewgage6942
@andrewgage6942 Жыл бұрын
@@garminbozia what frightens me so much is just how much, even now, the average person spends on a vehicle. I considered an electric vehicle, I couldn't afford to buy outright, but the average price of £30,000 the monthly payments were more than I'd ever paid for a mortgage, that's before the cost of a charger (if you can have one), the cost of charging when out on the road, if you can find a chargepoint, or even a working chargepoint, then you need a bank card of some description, a technical phone, that's just to be able to charge the battery, from £30,000, add on those extra costs, probably £33,000, then there's road tax now, MoT, tyres, and other wear and tear items, servicing, if you don't own your own vehicle outright, I wouldn't think that for a combustion engined vehicle or an electric vehicle, that the cost would be that much different now. I would never have thought that the price of the average car would be more than I paid for my house when I bought that in 1996
@green1880
@green1880 3 ай бұрын
@andrewgage6942 What do you mean that you have one foot in grave?! :O
@Simon-pg1bm
@Simon-pg1bm 3 ай бұрын
You should not be a motorist.
@cambs0181
@cambs0181 3 ай бұрын
Was waiting for that salesman to respond with "Old owt ya aaand!"
@AttilaSVK
@AttilaSVK Жыл бұрын
Since I wasn't around in 1970, I was curious how much £10 is in today's money. It's £110,76, if anyone is wondering :) (according to the inflation calculator of Bank of England)
@talvi_shale
@talvi_shale Жыл бұрын
Thank you for saving me the click through to the calculator!
@MrCamel-mb3nd
@MrCamel-mb3nd Жыл бұрын
£10 pounds in 1970 £182.82 pounds today
@huguesjouffrai9618
@huguesjouffrai9618 Жыл бұрын
And the average wage was £23 a week
@delesgames
@delesgames Жыл бұрын
7:05 "couldn't care less, life's too short" -> crashes
@user-yq3nu5hd6n
@user-yq3nu5hd6n 4 ай бұрын
Great back then Love these videos memorable golden years back then. Am from 1960 Proper England ❤❤ Great people Well spoken back then
@atomictraveller
@atomictraveller Жыл бұрын
born in 1970, moved to arizona in 1980, land of trans am, dusters, the "woody" station wagon which is so big that several 6'+ tall men can lie side to side in the back across the WIDTH of the vehicle, and of course, the suburban, a vehicle fondly adopted by the mexican mafia, you'd find one with busted windows parked on virtually every corner of town before La Familia Michoacan went down... yeh funny vid
@nicholaskennedy1748
@nicholaskennedy1748 Жыл бұрын
The big barge the old lady drives off in at the end; a Mk 4 Ford Zodiac. I've got one, and I couldn't care less either at 18mpg (mind you I only do 1000 miles a year mine)
@caseyrice768
@caseyrice768 Жыл бұрын
That lady at the end is giving me life lol
@paulfletcher3998
@paulfletcher3998 Жыл бұрын
My first car was a 1971 white Austin 1300. I loved that car, until a friend rolled it into a tree!!
@JulieWallis1963
@JulieWallis1963 Жыл бұрын
It’s funny how we always remember our first car. Mine was a bottle green fiesta, best part of 20 years old when I bought her in 1995. She was called Ruby! I eventually gave her to my son when he passed his test.
@paulfletcher3998
@paulfletcher3998 Жыл бұрын
@@JulieWallis1963 someone's first car is usually their first taste of proper freedom. Being able to go where they want without having to have parents or a family member take them. I think for that reason someone's first car will always have a special place in their hearts. I grew up in the countryside. Buses were pretty much useless, especially past 6pm so all my friends and I learnt to drive as soon as possible.
@paulfletcher3998
@paulfletcher3998 Жыл бұрын
@@SimonLloydGuitar I doubt it had any upgrades. It was very basic, it didn't even have a radio when I brought it for a grand sum of £250 in '91.
@MultiSirens
@MultiSirens Жыл бұрын
I remember buying a fully loaded camero in 75 for $ 6000.00 we couldn’t sleep that night for worrying how in the world are we paying for it! Haha
@billmorris8358
@billmorris8358 Жыл бұрын
Love the line “soaring costs!”
@sebastianpiotr3043
@sebastianpiotr3043 11 ай бұрын
Absolutely brilliant!!
@saxongreen78
@saxongreen78 Жыл бұрын
The whack they took on depreciation was pretty steep...the way I beat that is to buy a very old, very cheap car that can not depreciate; I service it myself where possible (though I always buy NEW tyres, run high pressures in them and have the wheels computer aligned each year to save wear.) Still my biggest expense after rent.
@huguesjouffrai9618
@huguesjouffrai9618 Жыл бұрын
Don't forget that cars at that time were garbage bins on wheels compared to cars today. They deteriorated much quicker while new cars were making progress much faster (which means that buying a new car was a much better deal back then)
@Electrolux219
@Electrolux219 Жыл бұрын
@@huguesjouffrai9618 Exactly! I don’t know how it was in the UK but American cars at the time where practically disposable goods. You where meant to buy a new car every other year because the car was a status symbol & the economy was good enough for people to have that kind of disposable income, so the cars would pretty much fall apart in about 8 to 10. Nobody thought they’d be around that long.
@hemelroy5868
@hemelroy5868 Жыл бұрын
thanks for taking me on a time travel!
@deeagnol
@deeagnol 3 ай бұрын
The only person who had some sense was the lady who said "who cares, lifes too short". Absolutely right.
@neilmckay8649
@neilmckay8649 2 ай бұрын
Title did not incorporate cost of public transport for a family that the car replaces, but also the optional trips that are tempting and now possible.
@loveandrespecttoall9980
@loveandrespecttoall9980 Жыл бұрын
The lady at the end was fantastic!!!!!
@jefftucker201
@jefftucker201 Жыл бұрын
I wish people still spoke with these accents now days, I also wish petrol for the year still cost £100! lol
@jaymac7203
@jaymac7203 3 ай бұрын
That was the poshest car salesman i have ever seen 😭😭 lol
@xiscozapatero1914
@xiscozapatero1914 Жыл бұрын
If I am not mistaken, that is the Shell garage at Preston Park in Brighton, that the lady is driving out of at the end...
@tonyhancock3912
@tonyhancock3912 Жыл бұрын
That lady at the end was a right sort
@cmoouk14
@cmoouk14 3 ай бұрын
Maybe if he hadn't written all over the side of the car it wouldn't have depreciated so much in value!
@angelacooper2661
@angelacooper2661 2 ай бұрын
My mother was expecting me at the time - just five months before I came along!
@zahidshabir4038
@zahidshabir4038 Жыл бұрын
£10 a week on running and owning a car which includes tire changes and parking fees over the course of a year. That is 1/3 cheaper than getting a weekly bus ticket nowadays where I live
@RGRGJKK
@RGRGJKK 3 ай бұрын
Pura vida como me gusts ver estos reportajes de otra epoca lastima que en mi pequeño pais tuvieramos un canal o iniciativa como esta para ver y notar como ha cambiado el lenguaje y las zonas urbanas y pueblos de mi pais.great videos pura vida
@hbeverhart
@hbeverhart Ай бұрын
4:13 no blocks axle stands or even a trolly jack....but it was the 70's we were all invincible
@global001
@global001 Жыл бұрын
‘£10 per week! You could buy a house for that!’ Wow. Just wow. For £10 a day you get a return trip on the tube in central London.
@Jawis32
@Jawis32 Жыл бұрын
No that would be £110 per week adjusting to inflation today.
@sinannatakal9594
@sinannatakal9594 Жыл бұрын
Try getting a mortgage of below £500 in London these days
@global001
@global001 Жыл бұрын
@@Jawis32 so expensive 😅
@Jawis32
@Jawis32 Жыл бұрын
@@global001 I'm not pointing out that it isnt expensive, but your comparing it to a public transport fare. 110 would be an expensive return fare.
@anisdesai4692
@anisdesai4692 Жыл бұрын
10 squid was a lotta money in 1970
@user-rc1ke1ef3t
@user-rc1ke1ef3t Жыл бұрын
Petrol for one year in 1970 £100. Diesel for my car roughly every 10-14 days, £140 in 2022. This insane inflation is down to decades of central banks printing money!
@jeelsvealnerve1163
@jeelsvealnerve1163 11 ай бұрын
That is certainly part of it. It is also down to increased wages across all sectors and investors demanding ever greater returns on capital invested. How much were you earning in 1970 relative to the cost of petrol? I worked in a steel mill a decade later than that and I was making about £8k p/a (as a certified tradesman). I don't think anyone I know spent less than 500 a year on fuel then.
@penfold9540
@penfold9540 Жыл бұрын
Love the lady at the end. She is so right.
@vamboroolz1612
@vamboroolz1612 Жыл бұрын
Great video, I wonder how much the average car costs to run nowadays? Is it fractionally the same as 1970?I expected the pull away shot with the ‘life’s too short’ lady to show her driving a Rolls Royce for some reason.
@garminbozia
@garminbozia Жыл бұрын
10 pounds is about 182 in today's money
@G.5.B.H.M
@G.5.B.H.M Жыл бұрын
I was expecting that as well.
@resnonverba137
@resnonverba137 Жыл бұрын
@@garminbozia Nearer 140 GBP I'd say. Approximately the wages of a skilled tradesman for 7 days.
@davidkennedy8929
@davidkennedy8929 Ай бұрын
Don’t people talk ever so nicely, that Austin salesman could have been educated at Eaton.😊
@RJ6AV6
@RJ6AV6 Жыл бұрын
"I couldn't care less, life's too short" She's seems like a fun one! 😀
@More_Row
@More_Row 7 ай бұрын
She seems rich
@matthewtrow5698
@matthewtrow5698 Ай бұрын
11 million owned cars in 1970, 54 years later, there's 33 million cars. A 400,000 cars a year increase - almost half a million a year over that 54 years. That's bonkers. Mind-numbing.
@brigade1219
@brigade1219 Жыл бұрын
The lady at the end 👏🙌 if you can afford it, enjoy it
@jamesblinzler1637
@jamesblinzler1637 Жыл бұрын
I’d love to see this study done in America in 2022. With average petrol prices at $5 a gallon and full coverage insurance and the average new car costing $45,000. Oh ya forgot to mention that most new cars require specialized tools and electronic service equipment that only the dealers have access too.
@myxal
@myxal Жыл бұрын
CityNerd has done this: kzfaq.info/get/bejne/mZiifJBmv6y7YXk.html TL;DW: Around $7000 a year ($135/week), the actual cost scaling up or down with miles traveled.
@Tpavra
@Tpavra Жыл бұрын
$5 a gallon... how ever do you cope?? :')
@drkamranaamirmumtaz5032
@drkamranaamirmumtaz5032 Жыл бұрын
The lady at the end was so jolly. I wonder if she is still alive today. All wealthy people say those kind of things because they have money, to say those kind of quotes you have to be financially comfortable I believe, for them living is what they have to do and enjoy, it’s a struggle but a different kind of struggle. I’m assuming she is wealthy. I hope she is still alive today, wonder if anyone could find out if she is, would be interesting to know how her life went on from back then.
@mollyfilms
@mollyfilms 2 ай бұрын
“I couldn’t care less” the lady said as she drove out of the garage and the number 7 bus from Clapham ran into the side of her.
@Maximustard
@Maximustard Жыл бұрын
How lovely
@MagikGimp
@MagikGimp Жыл бұрын
I'm the poshest used car salesman who has ever lived; yeeeeeeeerrrrrrsssssssss.
@BOZ_11
@BOZ_11 Жыл бұрын
working class men used to put on an RP accent if they dealt with the public (such that salesmen do)
@thomasm1964
@thomasm1964 Жыл бұрын
Diesel for one fill-up: £100. How times change.
@ivanmifsud6972
@ivanmifsud6972 3 ай бұрын
The numbers are mind boggling on today's standards.
@unnamedchannel1237
@unnamedchannel1237 Жыл бұрын
They say 10 pound a week but if you keep car longer than one year most people back then prob keep car for 10 years then the average price comes down
@joinedupjon
@joinedupjon Жыл бұрын
Cars used to rust quickly back then... Much less of a problem on modern cars.
@MrPabsUk
@MrPabsUk Жыл бұрын
Exactly. I bet none of the people he asked had got a new car, or chopped it in every year. Thats a total mugs game..
@ethelmini
@ethelmini Жыл бұрын
If a 70's car was still on the road after 10 years it was a miracle, or it spent 8 of those years tucked up in a garage.
@XclusiveAaron
@XclusiveAaron Жыл бұрын
Petrol for 1 year just £100. Now over that oer tank! They didn't realise how good they had it back then 😭
@John-vv3mv
@John-vv3mv Жыл бұрын
Lady at the very end was just tryna WHIP. Godspeed grandma
@CMinorOp67
@CMinorOp67 Жыл бұрын
7:05: “ooooh, I couldn’t care less…life is TOO short, haha…” Was half expecting a double-decker to sideswipe her at 7:16.
@PaddyWV
@PaddyWV Жыл бұрын
I've watched this a few times over the years. Current fuel crisis aside, even a few years ago the cost of motoring had never been cheaper. Even the RAC said so, on more than one occasion. In 1984 you could buy a 1300cc five door hatchback for £5499. In 2014 you could buy a 1300cc five door hatchback for £5,999. Go figure.
@chuckemmorll2821
@chuckemmorll2821 Жыл бұрын
' Go figure' ?.
@foylad4862
@foylad4862 Жыл бұрын
There is no fuel crisis, you are falling for another trick my friend. Once people have lost touch with reality, you can convince them to do anything. Just keep doing as your told and dont ask any questions
@herrfister1477
@herrfister1477 Жыл бұрын
@@foylad4862 quite right I always buy £20 petrol and it always costs the same
@Bloq.
@Bloq. Жыл бұрын
What new car was 5999 in 2014?
@DrewskiTheLegend
@DrewskiTheLegend Жыл бұрын
@@foylad4862 there is a fuel crisis, but it’s been manufactured by the people who have tasked themselves with solving it. Welcome to politics.
@magicmagicman
@magicmagicman Жыл бұрын
£10 a week for a house?! We really are in trouble.
@angusmeigh5141
@angusmeigh5141 Жыл бұрын
We are talking 1970 prices though! 52 years ago ten pounds was quite a lot of money!
@SigmundJaehn
@SigmundJaehn Жыл бұрын
In 2021 money that’s £110 a week. Still sounds like a bargain to me!
@fasthracing
@fasthracing Жыл бұрын
@@SigmundJaehn house prices in real terms are 4 times more expensive now.
@johnmc3862
@johnmc3862 Жыл бұрын
A weekly wage then was about £18 per week.
@johnmc3862
@johnmc3862 Жыл бұрын
@@fasthracing The average house price in the UK 1970 was about £4000!
@Rod-bp8ow
@Rod-bp8ow Жыл бұрын
The figures and the amount are accurate, for that time, while it can also be reconciled to put it back in accordance to time, dated and indicative years, with massive suppliers and supplies everything are reconcilable as long as the goals are trial balances and reconciled books of incorporation, it won't experience loss or any uncertainties. Increases in salaries can also be put into realization/trial balances -receivables and payables reconciliation that is to put the figures at par as well with the costs of living and maintenance in businesses accordingly. SMEs.
@Jonathan-dq8hb
@Jonathan-dq8hb 2 ай бұрын
The sound made when he shut the door wasn't exactly reassuring.
@himilayanpoppy3847
@himilayanpoppy3847 Жыл бұрын
Wow ! Who would of thought that a mere 50 years later the price of fuel and insurance for one year could have paid for 20 cars in 1970 🤔
@Kylirr
@Kylirr Жыл бұрын
>"a mere 50 years"
@garminbozia
@garminbozia Жыл бұрын
Bruh You do realize that the average British wage was 18 pounds a week back then
@davidspendlove5900
@davidspendlove5900 Жыл бұрын
Don’t take that Austin out in the rain , it will dissolve.
@fifthbusiness1678
@fifthbusiness1678 Жыл бұрын
Imagine spending more on your car per month than the cost of your mortgage!!
@CarterHancock
@CarterHancock Жыл бұрын
Doing the inflation calculations on these things and the cost of them such as tires hasn't really changed all that much.
@arranmc182
@arranmc182 Жыл бұрын
That last woman is a ledgend she hasd the right attatude in life thats for sure
@PhilofBristol
@PhilofBristol Жыл бұрын
£100 for petrol for 10,000 miles a year!! That's the price of a tankful nowadays!!
@cz2301
@cz2301 Жыл бұрын
Of course the car depreciated so much, especially after the reporter vandalized the doors lol
@heresjohnny602
@heresjohnny602 Жыл бұрын
Good thing about 70s cars is they don't hate anyone over 6ft tall.
@annoldham3018
@annoldham3018 Жыл бұрын
True. We are a tall family 👪. Hubby 6ft 3, son 6ft 5 and me 5ft 10. Newer cars tend to be pretty low with little leg room.
@mick0905
@mick0905 Жыл бұрын
"Petrol for one year...... one hundred pounds" 😆
@thetruthseekerhavemanyperspecs
@thetruthseekerhavemanyperspecs 8 ай бұрын
The last lady is right...life is to short...expend every minute wisely...
@Rusty945
@Rusty945 Ай бұрын
who know who else had a short life.... nice pfp
@craigogden8708
@craigogden8708 Жыл бұрын
Was road fund license mentioned?
@dcarbs2979
@dcarbs2979 Жыл бұрын
£60 a year in repairs?! That's less than hour's labour today.
@incognito_.
@incognito_. Жыл бұрын
Don’t forget about inflation
@dcarbs2979
@dcarbs2979 Жыл бұрын
@@incognito_. £750. Probably similar to today. It is for my car anyway.
@annoldham3018
@annoldham3018 Жыл бұрын
It's hard to do repairs yourself now everything is computerised.
@peterscotney1
@peterscotney1 Жыл бұрын
thats why i drive a 25yr old volvo !
@IAmSoMuchBetterThanYou
@IAmSoMuchBetterThanYou Жыл бұрын
My dad had one of those.
@rosieHolliday5887
@rosieHolliday5887 4 ай бұрын
Petrol for ONE YEAR = £100 🤣 No wonder we spent our entire childhoods on caravan towing holidays, camping holidays & driving miles & miles for days out the length & breadth of the country. My goodness how things have changed. We barely go anywhere these days 😞💔
@Rob-zw5qs
@Rob-zw5qs Жыл бұрын
Wish I lived in those times instead of now
@kieranwhite6647
@kieranwhite6647 4 ай бұрын
That car salesman was a very dapper chap
@alfamonk
@alfamonk Жыл бұрын
Cars were shite back then though, 25mpg was seen as reasonable for a 1300cc snot bag that barely hit 80mph, service intervals at 3000miles. We've never had it so good
@JohnSmith-rw2yn
@JohnSmith-rw2yn Жыл бұрын
more cars than ever, yet I've never seen, or rarely seen my neighbours wash their cars. Cost in August 2022, 175.p a litre and my 1ltr cost 10k 4 years old preowned lol.
@tomv7035
@tomv7035 Жыл бұрын
He might have sold it for a bit more if he hadn't written all over it!
@JohnHonda101
@JohnHonda101 3 ай бұрын
The motorist said it was £7.10 a week, so £28.40 a Month. (assuming it's £ & P we're talking about)
@tatsnneeps341
@tatsnneeps341 3 ай бұрын
Seeing this In 2024 its mind boggling... my porsche is worth 70% more now than 10 yrs ago 😊😊
@Aine197
@Aine197 3 ай бұрын
It‘s not all depreciation if you get less for your car when you sell it. Professional buyers pay less so so that they can make a profit when they sell it. They would have received less money for it even if they has sold it again on the day they bought it.
@edmundpower1250
@edmundpower1250 Жыл бұрын
Last woman has the best attitude. 👩👍
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