Gauteng motor show to raise the bar

Calling all petrolheads! The 2014 Gauteng Motor Show promises an action-packed day filled with racing, drifting and more.

Watch this GT-R overtake 16 cars on the first lap!

Porsche, Aston Martin, Audi... Watch Nismo GT-R racer Alex Buncombe crush his opponents.

Auctioned: Ford Model A at 103

2012-10-16 11:10

LOOING GOOD FOR ITS AGE: This 1903 Ford Model A rear-entry model is one of the oldest still in existence at 103 years.got only R2.31m...

 

DETROIT, Michigan - One of the oldest cars sold by Ford has been auctioned for $264 000 (about R2.31-million) in Pennsylvania, US.

It's an original 1903 Ford Model A rear-entry tonneau, a model sold from July 1903 to March 1904, but the auction price was less than half of its 2007 price of $630 000, according to RM Auctions.

Carlton Pate, a collector of antique cars and author of "Pate's Early Ford Automobile Encyclopedia", said the winning bid was a more reasonable price than that paid in 2007.

"With its provenance, and it's an early one, it's a great little car," he said. "It's also got a little history behind it."

$850 IN 1903

RM Auctions did not name the winning bidder. The car was previously auctioned in 2010 but the highest bid - $325 000 - failed to meet the reserve. RM had estimated the 2012 value of the car at $350 000 to as much as $500 000.

It's price in 1903 was $850, according to EarlyFordRegistry.com.

Pate said Ford records showed this Model A was not the oldest car Ford sold - at least one other was shipped the same day.

The Model A has had five owners, according to the Detroit News, the most recent being John O'Quinn, a Houston trial lawyer killed in a car crash in 2009. The Model A was one of about 1200 automobiles in O'Quinn's collection and still runs beautifully. It competed in the English London-Brighton run in 2003 for its 100th birthday.

The engine underwent a complete professional rebuild before O'Quinn's bought it in 2007.


NEXT ON WHEELS24X

Read Wheels24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
3 comments
Add your comment
Comment 0 characters remaining

Inside Wheels24

FEATURED COLUMNIST

300SL Roadster: An automotive Easter bunny

Wheels24 columnist DAVE FALL takes a light-hearted look at what he considers to be one of the best looking cars yet – a 1957 Mercedes-Benz 300SL Roadster. What would your 'dream car' be?

There are new stories on the homepage. Click here to see them.