The Ghia Crown Imperial offers a window into something intangible, the power of glamour. With just 132 produced over a nine-year span, only a very select clientele, the rich, famous, and powerful, could enjoy such a car. That, of course, was the program's purpose. A Who's Who of users included presidents Eisenhower, Kennedy and Johnson; RCA chief Sarnoff, novelist Pearl Buck, heads of several Middle Eastern royal houses, Dominican dictator Trujillo, and Yugoslav president Tito.What's puzzling? The Crown cost $18,500. That wasn't a "presidential" price in 1965. It was the price of a basic two-bedroom house. My parents could have bought one if they were savers instead of borrowers. Any upper-middle earner could afford 18k. Inflated to today, it would be $150k. I could buy one if I wanted to use up all my savings. So price wasn't the constraint. Chrysler must have been selecting the buyers carefully by status, with official standards for the permissible Crown Imperial buyer. Or else they were taking LARGE off-the-books payments. The writer didn't seem to catch this point.
Labels: Asked and partly answered, Happy Ending
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