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This 1903 Toledo 12-Horsepower Rear-Entrance Touring car is the only known gasoline-powered survivor of the Toledo Company. It is the same kind of vehicle that won the 800-mile New York to Pittsburgh Endurance Run in October 1903. Considering the rudimentary road system at the time and the lack of fuel stations along the route, this was a very impressive accomplishment.
A total restoration of this car was completed in 2003. During the past three decades, the car has had only three owners. It rides on correct-style white tires and has period brass lamps, period wicker baskets, a fixed roof, and roll-down side curtains. The final drive is by dual chain, and power is sent to the rear wheels via a progressive-shift three-speed gearbox.
In 2008, this Rear-Entrance Touring car was offered for sale at the Gooding & Company Auction held in Pebble Beach, California. It was estimated to sell for $200,000 - $275,000 and offered without reserve. The lot was sold for $192,500, including the buyer's premium.By Daniel Vaughan | Mar 2009
A total restoration of this car was completed in 2003. During the past three decades, the car has had only three owners. It rides on correct-style white tires and has period brass lamps, period wicker baskets, a fixed roof, and roll-down side curtains. The final drive is by dual chain, and power is sent to the rear wheels via a progressive-shift three-speed gearbox.
In 2008, this Rear-Entrance Touring car was offered for sale at the Gooding & Company Auction held in Pebble Beach, California. It was estimated to sell for $200,000 - $275,000 and offered without reserve. The lot was sold for $192,500, including the buyer's premium.By Daniel Vaughan | Mar 2009
2008 Gooding & Company
Pre-Auction Estimates :
USD $200,000-USD $275,000
Sale Price :
USD $192,500
Recent Sales of the Toledo 12 Horsepower
(Data based on Model Year 1903 sales)
1903 Toledo 12 Horsepower Chassis#: 12-84 Sold for USD$192,500 2008 Gooding & Company |
Toledo 12 Horsepowers That Failed To Sell At Auction
1903 Toledo 12 Horsepower's that have appeared at auction but did not sell.
Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
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1903 Toledo 12 Horsepower
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