46 Ford GT's currently for sale on autotrader

[NorthwoodGT]

I don't know about cratering. exotic and rare Ford products have tended to hold their value thru history.
to me it's not like Ford will continue to build exotic cars like Ferrari, McLaren, Aston, etc.
I think people know it's a very limited and special car and will seek them at any price. JMO

Price/value of new '17 GT could crater......

There is no saying if it will actually sell at that price or quantity.

The SLR McLaren was a total bust; and at the time was one of the most hyped supercars, with a lineage that was unbeatable: Gullwing / McLaren


Bottom Line: there are just not that many exotic car buyers (go read my past posts on total F/Lambo sales/yr), and they are the first to go bust when anything happens in the economy.

 

[33Bravo]

A brief look at AutoTrader (I realize these are asking prices):

Non Heritage: Average price = $314,000 Average Miles: 5869
Heritage: Average price = $587,500 Average Miles: 1428

 

[FBA]

The asking prices on some of them are ridiculous too...

They're not selling at anything close to those prices on Flea Bay...and sales are very slow there...so who's gonna pay 20-40% more on Autotrader??

That's just dumb...

1700 miles Heritage's are just NOT worth 695k...

 

[2112]

The part that makes me chuckle is paying nearly double for a paint option that does not include any other enhanced options.

 

[NorthwoodGT]

and let's not forget the wrecked GTs that are getting re-painted as a Heritage and sold to over seas buyers!

 

[GT Venum]

I look at those prices and they do seem a little high but when I bought my car a couple years ago for $150K there were cars listed for $180-190K and I thought they were nuts.

But now how many people would love to buy those 1,000 mile cars for $180K? I would pick up another one for that price.

I personally would not be surprised if in a year or two the cars will be selling for those prices.

 

[dbk]

The GT market is slow. I think primarily because they went up an astronomical amount in a short period of time and lots of low mile cars began appearing for sale. It would be unrealistic to expect any car to be as hot and replicate the rise in value the GT underwent in the last 12 months year after year. The auction houses have done themselves no favor by putting up such a huge amount of "rare" low mile cars in such a short period of time. I expect some serious pumping coming up here as they try and resurrect the cash cow.

Personally, I'm at least a little happy the market has slowed. The obsessive monitoring of vehicle values is way less exciting than people actually doing fun stuff with them.

On eBay right now, all you have to do is click buy it now.

Heritage 2,002 miles - $469,995
Heritage 1,125 miles - $458,500
Heritage 548 miles - $468,980 (I believe this car was listed ~$600k at one point several months ago)
Heritage 4,200 miles - $439,995

Remember those are buy it now prices the next time someone preparing to divest is trying to sell you that all GTs are $300k and all Heritages are $500k, shortly to be $1 mil.

 

[Sinovac]

We are one correction away from nice, low mileage $200k GTs. The fact is there are too many low/no mileage cars available for sale, many owned by people who have no particular affinity for Ford or appreciation for what the car represents. These people will bail as soon as the market turns.

 

[NorthwoodGT]

"The obsessive monitoring of vehicle values is way less exciting than people actually doing fun stuff with them."
+1 ........ perfect Dave!

 

[2112]

There is one market bubble even crazier. F-cars.

Fiat Dinos for $500-$600K! Even 308s are now being marketed as 6 figures cars. :bored

 

[SBR]

We are one correction away from nice, low mileage $200k GTs. The fact is there are too many low/no mileage cars available for sale, many owned by people who have no particular affinity for Ford or appreciation for what the car represents. These people will bail as soon as the market turns.

If that ends up being the case, I will happily buy a black no stripe.
This bubble is nothing compared to the F and P cars. That will not be pretty when that bubble bursts.

 

[roketman]

I love my GT whether it's worth something or nothing

 

[Xcentric]

We are one correction away from nice, low mileage $200k GTs. The fact is there are too many low/no mileage cars available for sale, many owned by people who have no particular affinity for Ford or appreciation for what the car represents. These people will bail as soon as the market turns.

Baby boomers, baby! Take the ride until the wave breaks. Still a lot of years to go. You can't fight demographics.

 

[BIGFOOT]

If my car was worth 50 more or 50 less I could care less.
It's just nice having one.

I do think the values will hold tho.
Nothing else like it.
NOTHING

 

[Waxer]

If the new GT fails to perform as a racer and does not do well values will tank. If it does well so will it's value.

The '05-06 was never tied to a factory racing program but more to history which is set in stone now and as such it's only Achilles heel value wise is the economy but this applies to any car.

 

[BlackICE]

If the new GT fails to perform as a racer and does not do well values will tank. If it does well so will it's value.

The '05-06 was never tied to a factory racing program but more to history which is set in stone now and as such it's only Achilles heel value wise is the economy but this applies to any car.

:agree:

 

[Waxer]

I would also say that if the new GT does well at LeMans and its values rise as a result that shine will rub off onto the '05-06 FGT and its values will rise with the rise in the GT tide.

 

[RickH]

There was a short clip on CNBC today regarding the Concourse/auction at Amelia Island this weekend. Sales are expected to double this year to $95 million from last year. Two big cars up at auction, a 1956 Maserati 200si driven by Sterling Moss and a 1964 Ferrari Super America (I believe). Not to mention 4 Porsches that could fetch $1 million or more. A collector car index of the big names: up 487% over 10 years, up 140% over the last 5 years. These are their figures, not mine. Bubbleicious!

 

[RALPHIE]

If the new GT fails to perform as a racer and does not do well values will tank. If it does well so will it's value....

If it fails to perform in 2016, they (FORD) will make the corrections necessary to have it become a class winner - just like they did in 1964 & 1965 prior to winning Le Mans in 1966. And the values of the early models will skyrocket just like the GT40s did, regardless of their winning stature - as they will be the development models which lead to the winners.

 

[mal]

If it fails to perform in 2016, they (FORD) will make the corrections necessary to have it become a class winner - just like they did in 1964 & 1965 prior to winning Le Mans in 1966. And the values of the early models will skyrocket just like the GT40s did, regardless of their winning stature - as they will be the development models which lead to the winners.

But a class winner is just that, and corvette have already done that in recent years.