When Henry Ford was born nearly 150 years ago, few could have imagined that the Michigan native would grow up to found one of the largest and most successful companies in history. Today the Ford Motor Company sells cars across almost every continent, and their blue oval logo is one of the most recognizable in the world.
Yet all of that history stems from just a handful of motorized inventions pioneered by Henry Ford. This past weekend, one of Henry’s younger descendants, Bill Ford, Jr., purchased the oldest known Ford Motor Company product on the planet, just in time for Henry’s 150th birthday.
The 1903 Ford Model A Rear Entry Tonneau was the third car ever produced under the Ford Motor Company name, and the oldest known remaining Ford. Bill Ford, Jr., picked up the elder Ford automobile for $264,000, a lot less than the almost $700,000 the Ford sold for five years ago.
The 1903 Model A almost wasn’t built; Ford’s cash reserves were reportedly down to just $250 less than a month after the FoMoCo was founded. But deposits on those three initial Model A automobiles kept the company afloat. The original owner kept the car in the family for around 50 years before selling it to a collector.
Now the car belongs to the Ford family, coming full circle just in time to celebrate what would be Henry Ford’s 150th birthday. We can’t think of a better present for the founder of Ford.