1907 CADILLAC MODEL M TOURING
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Summary
1907 Cadillac Model M Touring. Nice older restoration.
Details
Henry M. Leland pioneered the concept of precision-manufactured interchangeable parts applied to automobiles. A Vermonter, he'd learned the machinist trade in the armories of New England where the ability to quickly swap a trigger, hammer, spur or cylinder from one firearm to another in combat were the difference between life and death. He was called in by the Henry Ford Company's stockholders to assess the company's factories for liquidation. Instead, he proposed creating a new company named Cadillac after Detroit's French explorer discoverer, to apply his principles of precision manufacturing. The result was 'The Standard of the World,' winning England's prestigious Dewar trophy in 1908 with the Model K. This 1907 Model M is the same engine with 2' more wheelbase, a ten horsepower 98 cubic inch horizontal single-cylinder engine with 2-speed planetary transmission and chain drive, but with a more commodious 4-seat touring car body. Once part of Bill Harrah's famed collection in Reno (Sparks), Nevada, it has been restored with black coachwork, red chassis and wood spoke wheels, blackwall tires and black leather upholstery, road lighting is conveniently and adaptably supplied by an acetylene spotlight mounted on a swivel on the cowl, where the driver or passenger can direct its beam precisely on the Cadillac's path, in addition to brass cowl lights. A nonpariel bulb horn warns chickens, dogs and pedestrians of its approach. Restored some years ago, it has been consistently maintained since then and now runs and drives as well as being handsomely presentable. It is an example of the very best of early American automobiles, an ideal mount for Brass and Gas tours that open new experiences and communities of owners and enthusiasts to collectors.
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Monthly payment of $549.20 based on a purchase price of $50,000.00 with 15% down and 9.47% APR financing for 120 months. Monthly payment of $926.28 based on a purchase price of $100,000.00 with 20% down and 9.35% APR financing for 144 months. Monthly payment of $1,650.77 based on a purchase price of $200,000.00 with 20% down and 9.29% APR financing for 180 months. Rate with optional AutoPay (ACH Debit) discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay discount are 0.25% higher. Best rates are available for credit scores of 700 and above. TT&L may also be financed. Not all applicants will qualify. Rates and terms are subject to change without notice.