Ford Model T
Let’s start where it all began for the Ford Motor Company, with the Model T. First produced in the United States between 1908 and 1927, Ford built the Model T to be a car that was accessible to the mass American market.
At this point, the car market was dominated by German inventor Karl Benz and they weren’t exactly accessible to most. During this time, the car market nowhere near as vast as it is in the modern day and the majority of cars produced by Benz were simply out of reach for the everyday driver. This is where the Ford Model T comes in – it was a car that was years in the making and, after finally launching in 1908, it was hugely popular.
Each car was reportedly sold for a price of around $825, roughly double the average annual salary of an American at the time. For context, The Independent report that cars of this era would typically cost upwards of $2000, which highlights just why the Ford Model T was so popular, with its prices only going down, rather than up.
History claim that 15 million Ford Model T cars were produced between 1913 and 1927 as Ford began to make a real name for itself as an affordable option for motorists.
If you do know of anyone who is lucky enough to have an old Ford Model T in their garage - they could be sitting on a goldmine. They can fetch anything between £10,000 to £25,000 on the classic car market.