AutoCAD LT

AutoCAD LT is a lower cost version of AutoCAD with reduced capabilities first released in November 1993. AutoCAD LT, priced at $495, became the first product in the company's history priced below $1000 to bear the name 'AutoCAD'. In addition to being sold directly by Autodesk, it can also be purchased at computer stores, unlike the full version of AutoCAD which must be purchased from official Autodesk dealers. Autodesk developed AutoCAD LT so that they would have an entry-level CAD package to compete in the lower price level.