How much did a motor car cost?
In the early days of the automotive industry, motor cars were very expensive and were considered luxury items. The cost of a motor car varied depending on the make, model, and features. For example, in 1908, a Ford Model T cost around $850, while a Cadillac Model 30 cost over $2,000. By 1913, the price of a Model T had dropped to $550, making it more affordable for the average person. In the 1920s, mass production techniques and the introduction of the assembly line made motor cars even more affordable. By the end of the decade, a new Ford Model A could be purchased for around $400. In the 1930s, the Great Depression caused the price of motor cars to decline further. By 1932, a new Model A could be purchased for just $250. However, the price of motor cars began to rise again in the late 1930s and continued to increase after World War II. In 1957, the average price of a new car in the United States was over $2,500.