Dunno what's the lowest priced car, but can say that around the time frame in question, mid 2000's, I paid LESS than a new untooled Myford, for a pretty well equipped New off the Lot Toyota Corolla.Yeah, but a Toyota Tercel was $4995. You get get a little Susuki for 3200. US, but the dollar was close to par. Whats the cheapest car now? I remember in the past the Myfords being the better part of a mid level car. Not out of range for the average guy, but he had scrimp and save for awhile and getting it was a big deal. They weren't overpriced, just build to decent standard, not Schaublin or Hardinge, but a decent standard.
Yeah, it was a stretch, to pay out $3k for a new tooled up machine, but it was an attainable one.
I actually had a quote from South Bend at around that time, and they wanted a little over $10K for a 9 inch swing, it did not come as a surprise to me that they tanked soon after. Prices went up value delivered did not.