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Due to the mass production of the vehicle, Ford Motor Company could sell the vehicle for between $260 and $850 as Henry Ford passed production savings on to his customers. The Model T was first tested by Henry Ford himself who took the vehicle on a hunting trip to Wisconsin and northern Michigan. An important outcome of the moving assembly line was the drop in price for the Model T. In 1908, the car sold for $825 and by 1925 it only sold for only $260, making the car more affordable to individuals everywhere.
The real breakthrough came in 1913 with a proprietary innovation, designed by his production managers: the move from batch production to a continuously moving assembly line. The effect of simplification and scale was to move the price of a Model T down to $550 by 1914, when 248,307 of them were sold. He was going to build a car that could run through anything. He did. He also said that it had to be simple in operation, easily repaired, sold at a low price and be durable. The first year's production of Model T's reached 10,660, breaking all records for the industry. Henry Ford's personal profit for the year was about $75 million. In 1923, Ford produced more than two million cars and trucks. Every few seconds, a new Model T rolled off the end of that world-famous assembly line.
When production of the Model T began, the cost was around $850, around $1200 less than most cars. By the early 1920's, the price of the Model T cost about $300. Model T, automobile built by the Ford Motor Company from 1908 until 1927. Conceived by Henry Ford as practical, affordable transportation for the common man, it quickly became prized for its low cost, durability, versatility, and ease of maintenance. Ford – for every average priced car that Ford sells for about $ 22,000, they make $ 2,200 as gross margin. This means that the cost of production could be somewhere in the neighborhood of $20,000. Central to Ford's ability to produce an affordable car was the development of the assembly line that increased the efficiency of manufacture and decreased its cost.
Ford did not conceive the concept, he perfected it. The Model T brought mobility and prosperity on an undreamed of scale through manufacturing efficiencies at a price that anyone could afford. The moving assembly line created the mass-production process, which influenced the “machine age.” It also enabled Ford to steadily decrease the price of the Model T. Conceived by Henry Ford as practical, affordable transportation for the common man, it quickly became prized for its low cost, durability, versatility, and ease of maintenance. Black was the only color the Model T came in from 1914 through 1925, and the reason was economics, not style. Black was the only color paint that could be dried quickly, and speed was important at the Ford plant because of its enormous volume. The Ford Model T, nicknamed the "Tin Lizzie," always had a great reputation as a very reliable automobile. Ford's vast Highland Park plant had an assembly line 850 feet long and a capacity to build 640 cars and trucks in eight hours when operating at full capacity.
The Model T had some advanced features, like a four-cylinder engine with a detachable cylinder head and a one-piece cylinder block. It did use lightweight, high-strength vanadium alloy steel. But one key to its early success was a simple thing like ample ground clearance, allowing it to deal with abysmal rural roads.
The Ford Model T was an American car built between 1908 and 1928 by the Ford Motor Company of Detroit, Michigan. It is one of the most important cars in history because it was one of the first cars to be sold for very little money, making it easy for people to travel from place to place.
In conclusion, Model T vehicles produced from 1909 to 1927 have sold for as much $110,000 in the last five years, according to Classic.com. Over that period of time, Model Ts have sold for an average of $16,093. The lowest during that time sold for $3,300
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