How much would a Model T cost in todays dollars?
A Model T that Ford sold for about $850 in 1908 would be roughly $25,000 to $30,000 in today’s dollars, depending on how you measure inflation. By the mid-1920s the price for the cheapest variants had fallen to a few hundred dollars, which would be about $4,000 to $6,000 today. In the modern market, a running Model T typically sells for about $15,000 to $30,000, with well-restored or rare-bodied examples sometimes reaching $40,000 to $60,000 or more.
Original prices and historical context
Understanding the Model T’s price requires looking at how the car evolved from launch to the later years, and how body styles influenced cost. The base price varied by year and model, reflecting changes in production, materials, and consumer demand.
- 1908–1909: Runabout price around $850 at introduction, making it accessible to many buyers for the era.
- Early to mid-1920s: The cheapest variants could be purchased for roughly a few hundred dollars, with the exact figure depending on body style and options.
In inflation-adjusted terms, those early prices reflect a substantial drop over time: $850 in 1908 translates to roughly $25,000–$30,000 in today’s money, while a few hundred dollars in the 1920s would be about $4,000–$6,000 today.
Today’s market prices for Model T cars
Prices for Model Ts on today’s market cover a wide range, driven by condition, authenticity, and provenance. The market includes everything from fixer-upers to fully restored show cars.
- Project or donor-condition Model Ts: commonly in the $5,000–$12,000 range, depending on rust, missing parts, and potential for restoration.
- Driver-quality, running or nicely restored cars: typically $15,000–$30,000, offering reliable operation and a balanced restoration level.
- Concours-quality or rare body styles (or well-documented show cars): often $40,000–$60,000+, with some exceptional examples exceeding that range.
Prices vary by region, seller, and market demand. Auctions and specialty dealers can yield higher results for historically significant or highly original examples, while project cars remain a lower-cost entry point for enthusiasts.
Summary
In nominal terms, the Model T started at about $850 in 1908, shrinking to a few hundred dollars by the mid-1920s, and today’s inflation-adjusted equivalents put those figures in the low to mid five-figure range for the cheapest to mid-range models. The current market for Model Ts reflects a spectrum from rough projects to turnkey restorations and rare vintage variants, with price tags that can range from under $10,000 to well over $60,000 for highly desirable machines.
How much would an original Model T be worth today?
The value of a 1923 Ford Model T can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $11,500 for a 1923 Ford Model T in good condition with average spec.
How much is a 1925 Model T worth?
Typically, you can expect to pay around $11,117 for a 1925 Ford Model T in good condition with average spec. What is the highest selling price of a 1925 Ford Model T? The highest selling price of a 1925 Ford Model T at auction over the last three years was $24,081.
How much does a Model T cost?
The price of a new Ford Model T varied significantly, starting at $850 in 1909 and dropping to as low as $260 in 1925. These price changes were due to improvements in the assembly line, which made production more efficient and the car more affordable over time. Today, the price of a classic Model T varies depending on its condition and rarity, with the average price for a model being around $16,757.
Historical prices
- 1909: $850 for a Touring car
- 1914: $490 for a Touring car
- 1924: $290 for a Touring car
- 1925: $260 for a Touring car
Current prices for classic Model Ts
- Average price: $16,757
- Most expensive recorded sale: $246,400 for a 1908 Touring model
- Lowest recorded sale: $1,120 for a 1925 Torpedo model
How much did a Model T cost in 1915?
Touring car prices started at $440, while coupelets were priced starting at $590. Ford Motor Company built some 308,000 Model T automobiles in 1915.
