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The initial RCA Victor sets cost $1,000 in 1954. Arland notes that consumers that year also could buy a Chevrolet car for roughly the same price, so color TV sales were at first a tough sell.
RCA that same month holds its first public demonstration of a new TV camera offering a sharper image than those then in use.
These first TV sets used the standard proposed to the FCC by the Radio Manufacturers Association.
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They looked at each other in disbelief, then at me, and together said, “Do you have any idea how much one of those things cost? My God, Wendy, they probably cost a thousand dollars!
Deciding how much to spend on a car is rarely easy. Most of your decision depends on your overall budget. Thankfully, many budget worksheets are available to help guide you.
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