1908 Ford Model T advertisement - photo

[sossol]

The Model T has a reputation of a car cheap enough to be afforded by basic laborers, but this was when the average worker made less than $500 per year.
$850 in 1908 is equivalent to $28k in today's money.


Neil

[mklotz]

The Model T has a reputation of a car cheap enough to be afforded by basic laborers, but this was when the average worker made less than $500 per year.
$850 in 1908 is equivalent to $28k in today's money.


Neil

Quote from...

https://detroithistorical.org/learn/...etroit/model-t

"The Model T was the first mass-produced car that was affordable enough for a wide audience. In 1909 a new Model T cost $850, but by 1924 the price had gone down to only $260. The average assembly line worker could purchase one with four months’ pay in 1914."