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Western Railroad Discussion > How much did an SD40-2 cost in 1972???


Date: 07/28/06 19:37
How much did an SD40-2 cost in 1972???
Author: schmo

Does anyone know the price of an EMD SD40-2 in 1972, the first year they were offered? How bout a GP40-2?

Also, if you know, what was the price of an SD40T-2, i.e., an SD40 tunnel motor, in 1974, the first year of their production?

Appreciate any info you can provide.
--Schmo




Date: 07/28/06 20:12
Re: How much did an SD40-2 cost in 1972???
Author: MEKoch

Perhaps like the "400 Club" in Chicago (yes, right next to the C&NW main line), where hard boiled eggs were 10 cents each and two for a quarter.......

So, $100,000 each or two for $250,000.



Date: 07/28/06 20:39
Re: How much did an SD40-2 cost in 1972???
Author: schmo

MEKoch Wrote:
-------------------------------------------------------
> Perhaps like the "400 Club" in Chicago (yes, right
> next to the C&NW main line), where hard boiled
> eggs were 10 cents each and two for a
> quarter.......
>
> So, $100,000 each or two for $250,000.

That sounds a little cracked.



Date: 07/28/06 21:40
Re: How much did an SD40-2 cost in 1972???
Author: clem

I recall two datapoints from Trains articles: the GP30 (1962) quoted at $250,000 each, and the SDP40Fs (1973) being $527,000 each. The SDP40F price was considered unusually high, and attributed to an unusually extensive warranty. I imagine that the SD40-2 was closer to the latter price.



Date: 07/29/06 09:22
Re: How much did an SD40-2 cost in 1972???
Author: schmo

TV-10, are you out there? Thought you might have some info on this.

--Schmo



Date: 07/29/06 11:58
Re: How much did an SD40-2 cost in 1972???
Author: EDSTANLEY

Don't know about the cost of an SD40-2 but I recall
talking to a GE Rep. in Marion Ohio in March of 1975,
he said the 3 new UP U30-C's that were ready to depart
west that same day cost $350,000 each.

The road numbers were 2905, 2907, and 2909.

EMD's offering may have had similar pricing during that
era (early 1970's, adjusted for inflation of course).



Date: 07/29/06 12:48
Re: How much did an SD40-2 cost in 1972???
Author: spnudge

Back in the early 70s, it was said that new engines cost about a dollar a pound. That would put them around $410,000 each.


Nudge



Date: 07/29/06 16:39
Re: How much did an SD40-2 cost in 1972???
Author: Steamjocky

spnudge Wrote:
-------------------------------------------------------
> Back in the early 70s, it was said that new
> engines cost about a dollar a pound. That would
> put them around $410,000 each.
>
>
> Nudge


I was also told that this was roughly the price of a brand new GP9 (dollar a pound) when they first started coming off of the assembly lines back in the 1950s.

JDE



Date: 07/29/06 18:13
Re: How much did an SD40-2 cost in 1972???
Author: sdrake

Steamjocky Wrote:
-------------------------------------------------------
> spnudge Wrote:
> --------------------------------------------------
> -----
> > Back in the early 70s, it was said that new
> > engines cost about a dollar a pound. That would
> > put them around $410,000 each.
> >
> >
> > Nudge
>
>
> I was also told that this was roughly the price of
> a brand new GP9 (dollar a pound) when they first
> started coming off of the assembly lines back in
> the 1950s.
>
> JDE


In the same time frame, you could buy a new car for about the same dollar a pound or maybe even a little less.



Date: 07/29/06 23:15
Re: How much did an SD40-2 cost in 1972???
Author: filmteknik

Do we win one if we guess correctly? Put me down for $375,000.



Date: 07/30/06 07:46
Re: How much did an SD40-2 cost in 1972???
Author: Conrail7659

I am not sure how much the newest offerings from EMD or GE are running in terms of price...

I think it is interesting to note though that when one considers inflation from 1972 to 2005/2006 a $400,000 unit in 1972 would be equal to a $1,825,000 unit today.

It has been well established that the SD40-2 has a excellent track record, but in real terms it appears that the newest units offer a great deal more features for essentially the same money.



Date: 07/31/06 06:55
Re: How much did an SD40-2 cost in 1972???
Author: benthere

The new units might be less expensive than the old ones, adjusted for inflation. A BNSF employee riding on the Amtrak Cascades a few motnhs ago said that BNSF got a really good deal on their C44-9's, since they bought so many, paying "slightly more than $1 million each". I would imagine the newer GEVO based units are more expensive though.



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