Friday, Sep. 30, 1966
The Price of Safety
President Johnson sounded almost apologetic in his protest. "I had hoped," he said, "that these businessmen could have forgone the necessity of increasing prices." But the fact that automakers would up prices on their 1967 models had long been accepted by insiders. Last week Germany's Volkswagen led the way, announcing that the East Coast port-of-entry price for the modest Beetle would jump from $1,585 to $1,639. Then, in rapid order, came Ford, with an average $107 hike; Chrysler, with a $92 boost, and General Motors, with a lower and more competitive $53 increase.
The U.S. automen insisted that the increases did not make up for higher labor and other costs but mostly covered new safety features. The two-door Ford Fairlane, for instance, was priced at $2,239.81 for 1966. To this, $23.50 is added for "product improvement," meaning dual brakes, collapsible steering shaft, safety door latches, improved suspension, breakaway rearview mirror. Safety features that were optional on the '66 Fairlane now become standard at a cost of $70.46. They include a nonglare mirror ($16.86), retractable seat belts ($14.53), uniform-pressure tires ($7.90), padded pillars ($18.22) and two-speed windshield washers and wipers ($12.95). The total addition of $93.96 brings the price of the Fairlane up to $2,333.77.
Among other new car prices f.o.b. Detroit:
General Motors 1966 1967
Chevrolet Biscayne (6) 2-dr. sed. $2,379 $2,442
Chevrolet Caprice 4-dr. hardtop 3,063 3,130
Chevy II (4) 2-dr. sed. 2,028 2,090
Ccrvair Monza (6) 2-dr. hardtop 2,350 2,398
Corvette convertible 4,084 4,141
Pontiac Tempest (6) 2-dr. sed. 2,278 2,341
Oldsmobiie Toronado de luxe 4,812 4,869
Buick Special (6) 2-dr. sed. 2,348 2,411
Buick Riviera hardtop 4,424 4,469
Cadillac 75 limousine 10,521 10,571
Chrysler
Plymouth Valiant 100 (6) 2-dr. sed. 2,025 2,111
Plymouth Belvedere I (8) 2-dr. sed. 2,371 2,459
Plymouth Sport Fury hardtop 3,006 3,076
Chrysler 300 2-dr. hardtop 3,583 3,942
Imperial Crown 2-dr. hardtop 5,887 6,011
Dodge Dart GT (6) convertible 2,700 2,739
Dodge Charger 2-dr. hardtop 3,146 3,134
Dodge Monaco 9-passenger wagon 3,539 3,764
Ford
Futura (6) 4-dr. sed. 2,237 2,361
Ford Custom (6) 2-dr. sed. 2,380 2,513
Fairlane 500 (6) convertible 2,603 2,706
Ford (6) ranch wagon 2,793 2,925
Mustang (6) hardtop 2,416 2,510
Mustang (6) fastback coupe-2,607 2,604
Mercury Monterey 4-dr. sed. 2,854 2,950
Thunderbird 2-dr. hardtop 4,246 4,603
Lincoln 2-dr. hardtop 5,485 5,648
* Only the Dodge Charger and the Mustang fastback bucked the trend and will sell a shade lower. But this has been accomplished by turning several standard items into option als for which the buyer now must pay extra.
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