How much money were the first automobiles?

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2026-04-21 17:40

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The first automobiles, such as the Benz Patent-Motorwagen introduced in 1886, were quite expensive for their time, costing around $1,000, which would be equivalent to tens of thousands of dollars today when adjusted for inflation. Early models were often handmade and targeted towards wealthy individuals. As mass production techniques developed in the early 20th century, prices began to decrease, making cars more accessible to the general public.

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