In 1924, Carl Eliason started making "Motor Toboggan," the precursor of modern snowmobiles. Carl hand built his creations using parts from Ford Model T cars and sold his first model for $350.
Link - via Wheels Through Time - Thanks Brian!
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While the "motor togoggan" is undoubtedly a precursor of modern snowmobiles, the real direct ancestor is Bombardier's Ski-Doo (http://www.museebombardier.com/en/content/jab/biographie1959_1964.htm)
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