How much did a model a cost in 1903?

Considering the average wage in 1903 was just $489 (about $15,000 in today's money), the Model A was an investment that few could afford. This may explain why Ernest Pfennig, a dentist from Chicago, was the very first owner of a Model A. When adjusted for inflation, Model A prices stood at approximately $24,500 and $27,500, respectively.

Why did Henry Ford buy a 1903 Model A?

On July 15 of 1903 as luck would have it Henry Ford received cash for the full price of one vehicle and down payments for two others. That in itself was enough to keep the Ford Motor Company in business. Therefore, when you look at the 1903 Model A it’s significance cannot overstated.

How many Model A cars were built in 1903?

Between the years 1903 and 1905 the Ford Motor Company built about 1,750 Model A’s in a converted carriage factory in Detroit Michigan and was on firm footing for continued success. The Model A as popular as it was lasted only two years when Henry Ford replaced it with the Model C.