1908 Ford Model T advertisement - photo

1908 Ford Model T advertisement.

https://diqn32j8nouaz.cloudfront.net...d_fullsize.jpg


Previously:

https://www.homemadetools.net/forum/...870#post232600
https://www.homemadetools.net/forum/...313#post218684
https://www.homemadetools.net/forum/...071#post149436
https://www.homemadetools.net/forum/...426#post204785
https://www.homemadetools.net/forum/...677#post147763

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

FOB. Huh. I thought Incoterms came into being around World War 2. I guess not.

Quote:

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Originally Posted by 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

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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."