Ford Model T Market - CLASSIC.COM (2024)

FAQs

How much are Model TS worth today? ›

A: The lowest recorded sale price was $1,120 for a 1925 Ford Model T Torpedo on Apr 26 2024. Q: What is the average sale price of a Ford Model T? A: The average price of a Ford Model T is $16,705.

In addition to production in Detroit, Ford assembled Model Ts in locations across the world including Trafford Park, Manchester. Approxmately 100,000 Model Ts survive today of which it is estimated that 600 are English built.

The Model T was introduced to the world in 1908. Henry Ford wanted the Model T to be affordable, simple to operate, and durable. The vehicle was one of the first mass production vehicles, allowing Ford to achieve his aim of manufacturing the universal car.

By the 1920s the price had fallen to $300 as the assembly line technique became more efficient and produced a greater volume of cars. The engine was simple and efficient, with all four cylinders cast in a single block and the cylinder head detachable for easy access and repair.

$850 in 1908 has a relative price worth of $20,676.49 today using the GDP Deflator. $850 in 1908 has a relative wage of $139,576.27 paid to an Unskilled Worker today.

It was actually a very basic, simple and straightforward machine. What was revolutionary about the Model T was the price. Being produced on a moving assembly line instead of being built individually by craftsmen, drastically reduced the cost per unit.

The middle pedal was the hardest to grasp, since it served as the Model T's reverse gear. The class had the most trouble adapting to the proper use of the reverse pedal because it sits in the same position of the brake pedal in today's modern vehicles.

1923 was the Model T's best year and is still today the highest annual production figure ever achieved by a single model with 2,011,125 units produced in a single year! That's more than twice nowadays' Toyota Corolla figure in a good year…

Its durability was phenomenal, and some Model Ts and their parts are in running order over a century later.

The engine generated 20 horsepower and propelled the car to modest top speeds of 40–45 miles per hour (65–70 km/h).

What does the T stand for in Model T Ford? ›

What does the T in Model T stand for? The T in Model T was just a letter designating the prototype in the series of cars produced by Ford Motor Company. Ford began using Model A in 1903 and moved through the alphabet until the success of the Model T was achieved.

The Ford Model T used a 177 cu in (2.9 L) sidevalve, reverse-flow cylinder head inline 4-cylinder engine. It was primarily a gasoline engine.

While plenty of early Model Ts came in other colors than black, Ford did switch to all-black because a finish called “Japan Black” lacquer was one of the few paints for metal that dried quickly.

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.

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