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Nairaland Forum / Nairaland / General / Car Talk / See How Much A Brand New Car Cost In 1977 (60223 Views)
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Re: See How Much A Brand New Car Cost In 1977 by ManTiger(m): 6:53am On Nov 19, 2015 |
During that time, #1 = £1 #1 = $1.20 Do the maths, ask for Per Capital Income and average salary of the employed before you consider car as a cheap commodity. |
Re: See How Much A Brand New Car Cost In 1977 by northvietnam(m): 7:02am On Nov 19, 2015 |
gmacnoms:. Pepsi orobo with hot jollof rice abi..... |
Re: See How Much A Brand New Car Cost In 1977 by greenpea: 7:10am On Nov 19, 2015 |
Mind you 5000 naira in 1977 could have been some huge money that people dream of, not like now that baby can boast of in his account |
Re: See How Much A Brand New Car Cost In 1977 by lordoftherings: 7:56am On Nov 19, 2015 |
1 Like |
Re: See How Much A Brand New Car Cost In 1977 by Rossikk(m): 7:59am On Nov 19, 2015 |
dennisworld1: Why? More Nigerians can afford a car today than in 1977. In fact back then people used to eat meals with only one piece of meat on their plate which they ate last! |
Re: See How Much A Brand New Car Cost In 1977 by onosprince(m): 8:19am On Nov 19, 2015 |
Re: See How Much A Brand New Car Cost In 1977 by Nobody: 8:51am On Nov 19, 2015 |
onosprince:. #1 or #2 naira for TDB |
Re: See How Much A Brand New Car Cost In 1977 by wayodude(m): 8:52am On Nov 19, 2015 |
As a 3 yr old in the 80's (not going to say when) I flew to London for under N100. Ofcourse I wasnt paying, just seen some old tickets in my dads study Oh yea and by the way a bank MD's salary was circa N30,000 per annum. Don't ask me how I know, but this is kosher info. |
Re: See How Much A Brand New Car Cost In 1977 by Nobody: 8:53am On Nov 19, 2015 |
FREEDOM4BIAFRA: This car is an icon. If you owned this car back then you were a target for car jacking. |
Re: See How Much A Brand New Car Cost In 1977 by boss1310(m): 8:56am On Nov 19, 2015 |
nicerichard05:please go and check how much anini,otondo and their groups was convicted of robbing at a particular operation. how many Nigerians then can boast of 2 million naira,we used to have millionaires not even multi millionaires let alone billionaires as of then.5000 was a huge money in early 80's that I can remember let alone 1977 cos a top civil servant might not even earn that much annually cos of the minimum wage scale. if you use 5000 to decorate your house as of then it will look better than a prominent king's palace |
Re: See How Much A Brand New Car Cost In 1977 by Nobody: 8:58am On Nov 19, 2015 |
malonephill:Wrong. Mercedes went up to 18000 for the very first time in 1984. Check Sunday times headline the day after the murder of Marvin Gaye by his father. 1 Like |
Re: See How Much A Brand New Car Cost In 1977 by Nobody: 9:14am On Nov 19, 2015 |
ManTiger:. Olodo 50kobo = 1$ and #2= 1£ then |
Re: See How Much A Brand New Car Cost In 1977 by ozoro: 9:14am On Nov 19, 2015 |
Justdulla: Please don't insult us old people, because we still have memories, whilst you rely on history lessons. Graduate salary in 1977 was less than N150 a month. Without givernment / ministry car loan civil servants could not afford a car. There were only 5 or 6 universities in the whole country!!! Most graduates immediately got jobs as civil servants. PAN Kaduna, VWON Badgary express were never manufacturing planrs , they were always assembly there plants and the government was always screaming they should increase their local content. Google the stastics, there are now more cars per capita in Nigeria than have ever been, even when cars were N4000. 1 Like |
Re: See How Much A Brand New Car Cost In 1977 by malonephill(m): 9:27am On Nov 19, 2015 |
ubecharles:I don't know the price outside nigeria, but I know someone who bought his own for 20k 1976. |
Re: See How Much A Brand New Car Cost In 1977 by Nobody: 9:29am On Nov 19, 2015 |
Flashh:Imagine people using 1 million to subscribe their phones in the nearest future too. It sounds ridiculous. |
Re: See How Much A Brand New Car Cost In 1977 by malonephill(m): 9:31am On Nov 19, 2015 |
ozoro: |
Re: See How Much A Brand New Car Cost In 1977 by ManTiger(m): 9:54am On Nov 19, 2015 |
ubecharles: The point still remains Naira was equally strong while the standard of living was not so excellent, before our leaders started borrowing from Paris club, IMF etc. Let's learn to tolerate each other and make contributions/comment without passing shot |
Re: See How Much A Brand New Car Cost In 1977 by ROYALD(m): 10:14am On Nov 19, 2015 |
nice |
Re: See How Much A Brand New Car Cost In 1977 by Nobody: 11:46am On Nov 19, 2015 |
Flashh:absolutely agree with you. My father use to work at a Toyota manufacturing/assembly plant called BT BRISCOE in lagos then. He bought his Toyota crown car then for 3000k;ofcourse it was a huge amout of money as at then. And my mum always tells us the 50naira would cook you a good pot of soup then. 50naira then would be like 3000naira now. |
Re: See How Much A Brand New Car Cost In 1977 by ayodele123(m): 1:19pm On Nov 19, 2015 |
In December 1976, my daddy bought a brand new Peugeot 504 Station Wagon for N6400.00 One of my teachers in secondary school in November 1977 bought a brand new Volkswagen Beetle Car for N2800.00 Today N2800.00 will fetch U a fowl for Xmas |
Re: See How Much A Brand New Car Cost In 1977 by Marotzke(m): 1:26pm On Nov 19, 2015 |
malonephill:it is not true. Brand new mercedes benz 1977 cost N11,000. Don't speculate. Ask your elders. Knowledgable elders for that matter. |
Re: See How Much A Brand New Car Cost In 1977 by wypavu: 3:27pm On Nov 19, 2015 |
Re: See How Much A Brand New Car Cost In 1977 by abatically(m): 1:20am On Nov 20, 2015 |
Justdulla: U don't seem to get my point. 4,000 naira in 1977 is worth like 4 millon naira in 2015. Whereas 3,000 USD in 1977 is nothing close to 3 million USD in 2015. That a car was sold for 4,000 naira then doesn't mean it's affordable for everyone |
Re: See How Much A Brand New Car Cost In 1977 by JonSnow(m): 9:02am On Nov 20, 2015 |
kYjelly2: |
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