A 109-year-old Ford motor car, the world’s oldest surviving model is expected to fetch over $3,00,000 when it comes up for auction in the US next month.
The vehicle known as Chassis 30 can also be credited with having saved the fledgling firm from bankruptcy. The antique automobile will go under the hammer at RM Auctions’ Hershey sale in Pennsylvania on October 11, the Daily Mail reported. It is being offered with an estimate of $3,00,000- $5,00,000. The ‘Model A was Ford's first design, and Chassis 30 was the third of 1,750 units from 1903-1904.
With its two predecessors consigned to the scrapheap, the vehicle takes the title of the oldest surviving Ford.
If it wasn’t for this particular vehicle, then the company might have gone bust before it had even got off the ground. With a 1668cc, two-cylinder engine, the four-seat Model A put out a mere 8bhp to give it a top speed of 28mph. It has had just five owners in 109-years.