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The 1976 Toyota Corolla retailed for $2,789 ($10,054 in 2007 dollars.) It had a 4-speed manual transmission, no passenger mirror and power nothing. For about $1,000 more, the Yaris has a nicer interior, more powerful engine, ABS, front and side airbags, A/C, power tilt steering, tire pressure monitoring, an engine that actually starts on cold mornings and far better gas mileage. (My '77 got about 25 mpg.)
I'd say we're not doing too bad.
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