The $850 Sale That Kept Ford Motor Company Alive
On July 23, 1903, Chicago dentist Ernest Pfennig paid $850 for a two-cylinder Ford Model A — the first car the Ford Motor Company ever sold, with just $223.65 left in its bank account.
On July 23, 1903, Chicago dentist Ernest Pfennig paid $850 for a two-cylinder Ford Model A — the first car the Ford Motor Company ever sold, with just $223.65 left in its bank account.