On this day in car history, the last Model T was produced by Henry Ford and Edsel, his son in 1927. The last car to drive off the lot was the 15 millionth Model T Ford produced. More than any other vehicle, the Ford Model T is responsible for hastening the automobile industry. Not only was it affordable, it was very efficient.
The Model T was first produced in 1908 and was known as the Tin Lizzie.This early model could go up to 45 mph, and sold for about $850. As time when on, the model sold for $260 for the base model.