To give you a sense of the range:
* A basic Model T Ford (introduced in 1908) initially cost around $850. This was a significant sum of money at the time.
* Higher-end cars could easily cost $2,000 or more. Think of this as the equivalent of tens of thousands of dollars today, considering inflation.
So, while $850 is a frequently cited figure (for a very basic car), it's crucial to remember that car prices in 1908 spanned a considerable range.