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Everything about Colt Runabout Company totally explained

The Colt Runabout was an American brass era automobile, built in Yonkers, New York, in 1907.
   It was a two-seater, with the long hood and short tail (where a pair of spare tires were mounted) characteristic of the period, and weighing in at only 1800 lb (816 kg). It was priced at US$1500, compared to US$650 for the high-volume Oldsmobile Runabout and the Ford "Doctor's Car" at US$850, but below the US$1600 of the Oakland 40 and well below even American's lowest-price model, which was US$4250 (its highest was US$5250).
   The Runabout's 477 in3 (7819 cc) (4.5×5-inch, 114×127 mm) six-cylinder produced 40 hp (30 kW), and Colt claimed the car would hit 60 mph (100 kph), a considerable feat in 1907.

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