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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 06, 1927
Page
17
In High Point about 7,000 vehicles exist, 55 percent Fords leaving 3,850 non Fords at 1500 each. If all had been Fords, first cost savings would reach 4,050,000, with similar upkeep and running costs adding another 4,050,000. The figure underscores a significant outflow of money to other brands.
The figure cites 4,050,000.00 dollars as the first cost for these cars and warns that even larger sums for upkeep and operation were not included. It argues this money could have boosted High Point’s savings accounts instead.
Mr. Here spent four million fifty thousand dollars for the first cost of these cars, a sum that could have financed notable High Point homes. The remark contrasts vehicle purchase with local real estate value.
A High Point businessman, employing many, buys a Ford for his own use to set an example of thrift. He remarks it costs him about 1.50 to 2.00 dollars daily to drive his car and supports the purchase as sound business.
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