Karl Benz’s first car, known as the Benz Patent-Motorwagen, was built in 1885 and is often regarded as the first true automobile. The cost of the Patent-Motorwagen when it was first produced was around 600 German marks.
To put this in perspective, 600 marks was considered a significant sum at the time, making it a luxury item that only a few could afford. The Motorwagen was groundbreaking in its use of an internal combustion engine, which set the stage for the future of the automotive industry. Today, it’s celebrated not just for its engineering marvel but also as a piece of history, symbolizing the birth of the modern automobile.