From: Hemmings Motor News
Date: March 1989
Price then: $10,500 ($20,200 adjusted for inflation, about the cost of a new 2015 Hyundai Elantra today)
Price now: $9,100 - $33,000
Approximate dollar difference: $12,800 (assuming No. 1 condition)
Annual rate of return: 1.9%
Ford: 1966 Galaxie 500, 7 litre, 428 cid, ps, pb, pw, twice 1st place winner annual Ford car show, excessive chrome, never winter driven, 98% restored, turquoise int, ext, pictures upon request, $10,500.
If you wanted a quick Ford full-size in 1966, the Galaxie 7-Litre was the car to get. It was exactly what the badge suggested, a 7.0L engine (either the 428 or the rarely optioned 427) in a really big car. Unfortunately, the cool 7-litre badges didn’t last long and these large engine cars went back to being just plane old Galaxies with a killer engine. Low awareness and reasonably high production numbers have kept prices down, making this a good car for someone who wants a fast land yacht but isn’t necessarily concerned with investment.