The Benz Patent-Motorwagen (or motorcar), built in 1886, is widely regarded as the first automobile; that is, a vehicle designed to be propelled by an internal combustion engine. The original cost of the vehicle in 1885 was $1,000 (equivalent to $26,248 in 2015).
The vehicle was awarded the German patent, number 37435, for which Karl Benz applied on January 29, 1886. Following official procedures, the date of the application became the patent date for the invention once the patent was granted, which occurred in November of that year.
Although Benz's wife, Bertha, financed the development process, and would hold patent rights under modern law, as a married woman she was not allowed to apply for the patent.
Benz officially unveiled his invention to the public on July 3, 1886, on the Ringstrasse (Ringstraße) in Mannheim.
About 25 Patent Motorwagens were built between 1886 and 1893.
Have a look on the first ever made auto-mobile.
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