1964 Peel P50
The Isle of Man, located between England and Ireland, was home to the Peel Engineering company which produced the only cars ever to originate from there.
Known as "The Smallest Production Car Ever Built", the Peel P50 began as a project to evaluate minimum possible dimensions needed to build a car and was originally nothing more than a fiberglas box on wheels.
No engine was fitted to the car when it was exhibited at the 1962 Cycle and Motorcycle Show at Earls Court, but the publicity that resulted allowed Peel to move forward with an actual product.
~47 production models were eventually produced, the major change from the prototype being that it now had 2 wheels in front and one driven wheel in the rear.
With no reverse gear, a large handle was fitted to the rear enabling the driver to lift the rear of the car and turn it around.
Since the car is so simple and minimal in it's construction it was inevitable that copies would emerge as it became a popular collectible.
But even a REPLICA of this car costs $20,000 USD (2008 prices), so you can just imagine what the price of a REAL P50 would be if one were to become available for purchase.
See a Factory Video of this Microcar in Action: Click Here
Manufacturer: Peel Engineering Company, Peel, I.O.M., England