In 1908, the Model T developed by Henry Ford became the first car available to the masses. This was a low-cost car. It cost around $850 in 1908 and $260 in 1925 (the reduction in the cost of the car was mainly because of the invention of the assembly line). - Study24x7
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Ashish Verma
10 Apr 2019 10:15 AM study24x7 study24x7

In 1908, the Model T developed by Henry Ford became the first car available to the masses. This was a low-cost car. It cost around $850 in 1908 and $260 in 1925 (the reduction in the cost of the car was mainly because of the invention of the assembly line).

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