World's oldest car for sale

Steam-powered 1884 car will be auctioned at Pebble Beach in August.

NEW YORK (CNNMoney.com) -- A steam-powered car, billed as the oldest car in the world that still runs, will be sold in a Pebble Beach, Calif., auction in August.

The car was built in France in 1884, about a year before Gottlieb Daimler and Karl Benz of Germany built their first experimental gasoline-powered cars. (The two were working independently of one another.) Henry Ford, the man many Americans mistakenly believe invented the automobile, built his first car 12 years after this one.

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