The Ford GT Market

My crystal ball says it's peaked - nearly 4000 cars just does not compute for significant near-term appreciation in my view. That said, general economic conditions could cause prices to go up.

But cars are notorioulsy bad investments overall, and at least I don't think the car is going down, so if you want one, you should buy it. I feel confident it will outperform the contmporary Ferrari, Lamborghini, etc in both price and maintenance. In fact, the cheaper service and simple drivetrain hs a lot to do with the price, since you know you can likley just change oil and enjoy the car nearly indefinitely.

 

Peak..... Time frame?

But it is amazing some of the asking prices....

 

I own and bought new a 2005 Ford GT. I agree cars are typically bad investments.

I think the production number was 3006 or so. Somebody on this forum will know factually. But not to quibble it is not many.

The looks of the car seem to appeal to alot of people and the interior looks sultry, The car with 550hp is not up to modern supercars performance anymore. But still very powerful by any measure.

The car is a delight to drive and has never given me any service issues at all. The engine design is the same as my 2013 Shelby Mustang which has 665hp stock.

I do not know if the values will go up or honestly care. I do know I have been offered more for my car than I paid for it new.

Jay Leno gave good advice that I can poorly paraphrase "Buy a car that you like, if it goes up in value, great, if it does not you still have a car you like.

I like the car and I am proud of Ford for building it.

Best

lee

 

Production was 4038

Prices shot up $35k from July to December last year.

Agree with the above reasons, but also it benefitted from NOT having a next, improved model. It was a 1 and done. Like the BMW Z8.....

 

Have you checked on replacement parts prices lately? Please define simple drivetrain. That's about as nebulous as one can get. Call your Ford dealer and check on the availability and price of a replacement Ricardo or a Ford GT short block. These cars have not even come close to peaking let's be real.

 

Compared to Ferrari or Lamborghini engine or transaxle prices I have to think the Ford GT is not only less, but less likely to break down. I will bow to specifics, though, as I have not researched the exact figures. I thought the Ricardo was more readily available than it appears to be, since SLC uses it I the superlite kit car. I have to think the short block is not a big deal to build but honestly it is so under stressed why would it break?

Ps simple drivetrain is pushrod Ford engine derived from Mustang engine and manual transaxle, albeit bespoke Ricardo unit and in comparison to the Ferrari and Lamborghini counterparts it is simple.

Maybe I am wrong and the car is headed north of $250K? That will surprise me.

 

No pushrods, but no timing belts. The engine block was used on the last Shelby. The new ones are different. The older cars were iron blocks. Oiling system is dry sump, but that's about the only changes.

The hard parts to find will be the suspension, and under trays. Body panels, the stuff only built for the GT. I remember our dealer replaced the tach in one and it was stupid money. And that's when they were still being built.

 

Care to amend that assertion?

 

I would invite you to call your local Ford dealer and price your favorite parts. Try a headlight assembly. Maybe a tach or a rear clamshell. You may be in for a shock. Future Ford GT cost of ownership will not be a based on any rational foundation but rather a love for the car and the heritage it represents and as such, prices will continue into a lala land.

 

Ford GT production data from what I believe is the authoritative source on FGTs, "Ford GT 2005-2006, The Complete Owners Experience." Total is 4033. 343 Heritage.

Mark IV Red 2005/765 2006/348 Total/1113
Centennial White 2005/504 2006/222 Total/726
Midnight Blue Metallic 2005/265 2006/190 Total/455
Mark II Black 2005/237 2006/292 Total/529
Speed Yellow 2005/96 2006/75 Total/171
Quick Silver Metallic 2005/154 2006/0 Total/154
Tungsten Grey Metallic 2005/0 2006/541 Total/541
Heritage Blue 2005/0 2006/343 Total/343
Other 2005/1 2006/0 Total/1

TOTAL 2005/2022 2006/2011 TOTAL/4033

 

remember, rare doesn't = desirable... otherwise, a yellow + side stripe delete+ six spoke would be worth a fortune!

It cannot be discounted that the # of GT's that have been wreaked is a very high % of production; so the price of an no story car will command a premium. Many are fixed outside of carfax/auto check.

(disclaimer: this is purely my opinion )

 

Ferrari of Atlanta has one at $299k. super low mile original car, I believe it's a consignment (?).

it will be interesting to see what happens with that car.

btw I wasn't a fan of the GT when it came out-I thought it was a silly retro design when Ferrari, Lambo, et al were being cutting edge. but the car has stood the test of time and it's a real drivers car, I think they'll be long term collectible. to what degree remains to be seen.

 

I still think the car is cheaper to routinely maintain than an imported exoticar. OK, if you wad up the car or grenade the transaxle, then that is a problem.

Look at early Generation Vipers. If there are any left, I bet a NOS Hood is at least $25K, and the side rocker covers are thousands, too. Well cared for cars don't need those items and the cars are just now barely appreciating.

I agree, that the prices are already a bit into lala land and I looked at a few on line and was surprised how hard it is to find a driver car with say 10,000 miles on it. Maybe a price consideration is some hoarding and storing of the cars, casuing a supply-side shortage.

 

It seems to me the GT market is split in two: low mile perfect condition garage queens and high(er) mileage, but heavily modified-both engine (pulleys, exhaust, superchargers, etc) and all sorts of aero/bodywork mods.

LOTS of GTs have seen heavy track or standing mile use, which is cool but it will be interesting to see if values end up diverging.

 

No disrespect but this is not accurate. The federal trade comission (FTC) requires parts be produced for at least 15 years after the last car is manufactured. It is the law. I ran into this when I was working.

You may be accurate that some of these companies have gone under but Ford must have others. The only supplier I am aware of that is down is Saleen and they assembled the cars so it is not an issue. my care came assembled

I have had no problem getting parts or anything at least so far. I think they will always be available because the car is so iconic and a collecter car.

If it becomes a problem I would design and build or find the parts I need. I did thougher thing like that when I was working.

lee

 

Luke, actually they were sand cast blocks not investment blocks. Ford did this because the tooling is very expensive and for a small production run not worth it.

Native troy is a top notch mechanic who worked at the dealership where I bought my Ford GT. He has worked on my car so my easy assertion is, he knows

lee

 

I agree. The GT is the ultimate American Supercar. It appeals to people who love American cars, Race Cars, Exotics, Prototypes, FORD etc.

There are PLENTY of people interested in GTs in USA, EU, & probably Asia too. Millen has one in New Zealand in Kiwi Orange

They've already shot up 20% in last year. The rise may slow but I think as stock market & real estate are wobbly the GT will keep shining.

 

Done thank you for posting this

Lee

 

My tach was the one you replaced also the tach and the spedometer can not be taken apart and fixed. They are a sealed units.

Lee

 

Sorry, wasn't clear in that. The Shelby engines were iron blocks originally. They followed the design of the GT engine, but didnt use the aluminum block or oiling system.

Thought it was your car Lee, but wasn't sure. The GT has to be getting close to being the car you've owned the longest.