Also, as I recall, the price of the Argonaut II, when it was introduced in
the late 80's, was over $1,000. Think what that translates to in terms of
current dollars. And I'd bet that today's Argonaut V has more features and
better specs than the Argonaut II.
73, Winston K4CWQ
----- Original Message -----
From: <bill@invertebrata.org>
To: <TenTec@contesting.com>
Sent: Thursday, May 23, 2002 13:45 PM
Subject: [TenTec] 516 price in perspective
> Like some readers of this reflector, I was surprised
> when the price of the new Argonaut V model 516 was
> announced at $795, particularly when the Ten-Tec site
> had earlier given an estimated retail price of $695.
> As some others have done, I decided to get some
> perspective.
>
> At the Unofficial Ten-Tec web site
> (http://www.qsl.net/tentec), original retail prices for
> the 505, 509, and 515 versions of the Argonaut are
> given; at the W8KC Virtual Ten*Tec Museum web site
> (http://mywebpages.comcast.net/W8KC/lineage.htm), the
> starting year of production for these models is noted.
> With this information, I went to the Bureau of Labor
> Statistics web site (http://www.bls.gov/cpi) and used
> their "Inflation Calculator." This handy device allows
> you to input a value and year, and calculate what that
> value would be for any other year using the actual rate
> of inflation over that period. For example, $100 spent
> on goods and services in 1971 would cost $443.95 in
> 2002 for the same goods and services, based on
> inflation alone. The inflation-adjusted 2002 prices
> for the three early Argonaut models are shown in the
> fourth column of the table below:
>
> ---Model---- -Year- -Price- -2002 Price-
>
> Argonaut 505 1971 $288 $1279
>
> Argonaut 509 1973 $329 $1332
>
> Argonaut 515 1979 $429 $1062
>
> The $795 price for the new 516 is 25% to 40% less than
> the inflation-adjusted prices of these Argonaut models
> when they were first introduced, an interesting result.
>
> Bill, KD5QID
>
>
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