Posted on: Dec 13, 2012
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Ford Buys Back its Oldest Car

Bill Ford has just bought this 1903 Model A as part of the celebrations for the 150th birthday of his great-grandfather and company founder Henry Ford.
As part of the year-long 150th birthday celebration of Ford's namesake founder, Henry Ford's great-grandson and current executive chairman Bill Ford has just bought a 1903 Model A that is known to be the oldest surviving Ford production car still in existence. According to the younger Ford, "The timing was perfect to bring this key part of Ford heritage back to the family as we celebrate the 150th anniversary of my great-grandfather's birth and vision to improve people's lives by making cars affordable for the average family."

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The Model A was a vital car for the struggling young company at the time. With a cash balance of just $250, one full payment and two cash deposits came in, totaling $1,320 for the three cars. It was because of these orders that Ford managed to keep the business going and continue building it into the global industrial powerhouse it is today. This red 1903 Model A is believed to be car No. 3, chassis No. 30, and if historical records are correct, it's the only surviving car sold on that fateful day.

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by Jay Traugott
Ford Buys Back its Oldest Car
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