In 1915, the cost of a new car typically ranged from about $500 to $1,500, depending on the make and model. The Ford Model T, which was one of the most popular cars of the time, could be purchased for around $350. This was a significant investment for many families, as the average annual income was about $200 to $1,000. The price of cars reflected advancements in manufacturing and increasing accessibility to automobile ownership during this period.
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