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Together, they drove to the Dearborn Engineering Laboratory, fourteen miles away, and parked the T next to two other historic vehicles: the first automobile that Henry Ford built in 1896, and the 1908 prototype for the Model T. Henry himself took each vehicle for a short spin: the nation's richest man driving the humble car that had made him the embodiment of the American dream.
Henry Ford thus put America on wheels by making a car, the Model T, that was âaffordable to the masses.â While the mass produced Model T initially cost $825 in 1908, with improvements in the assembly line, the price dropped to $550 in 1913, $440 in 1915 and to $295 in the 1920s.odel T 1908-1927 Henry Ford Pet Name of the car-Tinlisy last car produced on 1927 May 26th Total units produced -1,50,07,033 1909 sold the car for US$950 mass production helped Henry to sell the car for $295 in the year 1922. TOM Â· 8 years ago. Thumbs up.