The Mecum Indy auction and the car market? | FerrariChat
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The Mecum Indy auction and the car market?

Discussion in 'Ferrari Discussion (not model specific)' started by ExcelsiorZ, May 28, 2021.

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  1. ExcelsiorZ

    ExcelsiorZ Formula 3
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    Beverly Hills
    #1 ExcelsiorZ, May 28, 2021
    Just curious to know people's thoughts about these results from Mecum where a current generation Ford GT sold for $1.87 million while a 300 SL Mercedes sold for just $0.9 million.

    Now I know which car I'd prefer hands down (Benz) but can someone shed light on the disparity? I've seen at least 20 Ford GT, including 5 at one cars and coffee event, and I'm not trying to knock the car, as a driver's car it is huge, does not sound great with its ecoboost V6, has a sparse interior and you can't fit so much as a pizza in its trunk.

    Add to this EVO took the AMG GT R ($189k), Porsche GT2 RS ($293k) and the Ford GT (over $500k) to the Anglesey race track where the Ford GT finished dead last by a notable margin. Porsche 1:12.01, Mercedes 1.36.06, Ford 1.14.2. Given the nature of Angelsey, that tells me on a canyon, mountain or typical country road the Porsche and Mercedes will actually be faster, particularly where you might have to deal with oncoming traffic.

    Scarcity can't be it as Ford made 4000 GT and Mercedes produced just 1,858 and I suspect more 300SL have been lost over the last 60 years than Ford GT over the last few years.

    Is this an anomalous result or an indication of a shift in the collector car market towards more modern cars?
     
  2. Shark01

    Shark01 F1 Veteran

    Jun 25, 2005
    6,351
    #2 Shark01, May 28, 2021
    Incorrect, the current model is just about 1,000 units these days, but still being produced....what you are interpreting incorrectly here is the demand. The demand for an American Icon in the USA is miles ahead of that for European cars. And with the last 2 versions of the Ford GTs, that is what we have, an incredible demand.
     
  3. Ascend

    Ascend Karting

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    #3 Ascend, May 28, 2021

    I think you are mistaking current FGT (1350 units) vs old FGT (over 4000 produced) and that 1.8M figure is inflated because it was only one available back then. Now new FGT is nestled in high 900k zone.
     
  4. Prancing 12

    Prancing 12 F1 Rookie
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    #4 Prancing 12, May 28, 2021
    Maybe it's just me, but I take Mecum results with a huge grain of salt...

    Ascend is correct - Ford GTs are readily available for <$1mm for anyone that wants to make a phone call or two...
     
  5. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

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    #5 BMW.SauberF1Team, May 28, 2021
    ewright and amenasce like this.
  6. Ascend

    Ascend Karting

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    #6 Ascend, May 28, 2021

    Yeah if its MK2, thats like FXX to Enzo. Not that I can afford it but I cant see myself buying track only version... when you can literally get track toys for fraction of a price.
     
  7. Prancing 12

    Prancing 12 F1 Rookie
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    #7 Prancing 12, May 28, 2021
  8. amenasce

    amenasce Three Time F1 World Champ
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    #8 amenasce, May 31, 2021
    One no sale at high bid 900k
    One sold for 1.1m.
     
  9. PB033

    PB033 Karting

    Dec 13, 2019
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    #9 PB033, May 31, 2021
  10. BJK

    BJK F1 Veteran

    Jul 18, 2014
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    #10 BJK, May 31, 2021
  11. M. Brandon Motorcars

    M. Brandon Motorcars Formula 3
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    #11 M. Brandon Motorcars, May 31, 2021
    You can't compare a 300SL coupe ("gullwing") to a 300SL roadster in terms of value. Not the same.

    Even though I personally think the roadster should be more valuable... prettier and more usable. But the market speaks.
     
    ewright and BMW.SauberF1Team like this.

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