GT Price Curve Now Vs Two Years Ago

[Specracer]

If your going to talk about values, this site is quite good:

Ford GT - Base Model - 1st Gen Market - CLASSIC.COM

There are 24 Ford GT - Base Model - 1st Gen for sale right now - Follow the Market and get notified with new listings and sale prices.

www.classic.com

 

[Vincent998]

This is a very interesting site. But look at the last year or so and you will see that the moving average is entirely below all the sales! I don't see how that could be. It would be better to do a regression to fit the line to the sale prices. If that was done, you can see that there is a strong rise in the average sale price recently. A quick look at the list of sold GTs also suggests that the effects of mileage on value could be very important, but there are so few "high mileage" (more than 20,000 miles) cars sold that data is insufficient to draw reliable conclusions about what that effect is ($). One conclusion I draw that I think is valid seems to be that folks who really drive and use their GTs simply do NOT sell them!

 

[JOETWINT]

There are many cars that were sold (Heritages at Mecum and Barrett and BAT to name a few) that are not listed on that^ site.

 

[FlagstaffGT]

Ed, give up now or you’ll get sucked into the black hole! As you know, GT prices do not result from a physical process that can be accurately modeled or described by equations. They are a result of “dismal science.”

I’m thinking quantum entanglement is substantial here.

 

[HighHP]

Ed, give up now or you’ll get sucked into the black hole! As you know, GT prices do not result from a physical process that can be accurately modeled or described by equations. They are a result of “dismal science.”

I couldn't resist.

 

[SewellGT]

This is interesting data, exactly what I’ve been hunting for. I’m currently looking for a “high mileage” example that I intend to drive regularly. I’ve found a nice 4 option red car with 25k miles but I’m having trouble valuing it, there have just been so few documented sales with that type of mileage. Assuming it’s fully up to date on maintenance, no stories and all records what do you guys think is a fair number? Thanks

 

[fjpikul]

$600K. All the bugs have been worked out

 

[extrap]

This is interesting data, exactly what I’ve been hunting for. I’m currently looking for a “high mileage” example that I intend to drive regularly. I’ve found a nice 4 option red car with 25k miles but I’m having trouble valuing it, there have just been so few documented sales with that type of mileage. Assuming it’s fully up to date on maintenance, no stories and all records what do you guys think is a fair number? Thanks

These are all auctions, and I don't have any info on private sales, but ...

Here are all the ones I know of that had >10k miles, sorted by most recent:

Year​	Color​	Mileage​	Price incl Fee​	Date​	Sold?​	Notes​
2005​	Red	29,000​	$335,000​	11/6/21​	Y​	2005 Ford GT Bid for the chance to own a 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #58,805. bringatrailer.com
2005​	Red	11,000​	$318,000​	5/21/21​	Y​	No Reserve: 2005 Ford GT Bid for the chance to own a No Reserve: 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #48,096. bringatrailer.com
2005​	Red	11,000​	$285,000​	12/31/20​	Y​	2005 Ford GT Bid for the chance to own a 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #41,274. bringatrailer.com
2006​	Black no stripes	32,000​	$215,000​	11/5/20​	Y​	2006 Ford GT Bid for the chance to own a 2006 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #38,790. bringatrailer.com
2005​	Red	22,325​	$241,000​	12/6/19​	Y​	2005 Ford GT Bid for the chance to own a 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #25,869. bringatrailer.com

And here are the next 5 highest mileage I know of, sort by most recent:

2006​	Red	9,000​	$255,000​	4/6/20​	Y​	9k-Mile 2006 Ford GT Bid for the chance to own a 9k-Mile 2006 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #29,738. bringatrailer.com
2005​	Black no stripes	7,970​	$287,500​	3/19/21​	Y​	Twin-Turbocharged 8k-Mile 2005 Ford GT Bid for the chance to own a Twin-Turbocharged 8k-Mile 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #44,872. bringatrailer.com
2006​	Tungsten	9,949​	$365,000​	6/9/21​	Y​	Original-Owner 2006 Ford GT Bid for the chance to own a Original-Owner 2006 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #49,264. bringatrailer.com
2005​	Red	9,489​	$365,000​	12/2/21​	Y​	9k-Mile 2005 Ford GT Bid for the chance to own a 9k-Mile 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #60,579. bringatrailer.com
2005​	White	7,693​	$418,000​	2/2/22​	Y​	One-Owner 7,700-Mile 2005 Ford GT Bid for the chance to own a One-Owner 7,700-Mile 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #64,765. bringatrailer.com

As always, depends on how bad you want it, and how bad they wanna sell it. If it checks out and doesn't need anything could be $275k-$300K+ ... but if it's got issues maybe $250k or less ... but they may not come down to something reasonable since these days sellers seem able to find somebody to pay, um, more than a reasonable person thinks it's worth, even for the less-than-perfect, 'higher' mileage examples. Good luck!

Here are the most recent 5 I know of, too:

Year​	Color​	Mileage​	Price incl Fee​	Date​	Sold?​	Notes​
2005​	Red no stripe	559​	$470,000​	4/15/22​	Y​	559-Mile 2005 Ford GT Bid for the chance to own a 559-Mile 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #70,460. bringatrailer.com
2005​	Red SS only	5,728​	$380,000​	4/17/22​	Y​	5,700-Mile 2006 Ford GT Bid for the chance to own a 5,700-Mile 2006 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #70,655. bringatrailer.com
2005​	Red	1,914​	$440,000​	4/26/22​	Y​	1,900-Mile 2005 Ford GT Bid for the chance to own a 1,900-Mile 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #71,483. bringatrailer.com
2005​	White	70​	$455,000​	4/30/22​	Y​	70-Mile 2005 Ford GT Bid for the chance to own a 70-Mile 2005 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #71,958. bringatrailer.com
2006​	Yellow	5,770​	$417,000​	5/4/22​	Y​	No Reserve: 5,800-Mile 2006 Ford GT Bid for the chance to own a No Reserve: 5,800-Mile 2006 Ford GT at auction with Bring a Trailer, the home of the best vintage and classic cars online. Lot #72,264. bringatrailer.com

 

[SewellGT]

Thanks for the detailed response, that’s very helpful!

 

[PA32Pilot]

2005 White/Blue all 4 options 6k miles paid $419k in April 2022. Private sale so here is some data for you

 

[jr66]

Enjoy your car. Do not focus on price. Who cares if you are not selling!!!!

 

[Simon]

yawn

 

[Pettyfan43]

Doing my best to devalue mine added another 300 wonderful miles today hopefully end up with another 500 miles this weekend

 

[PeteK]

Sewellgt: most of that data is obsolete. Given how prices have been going, anything more than about 4 months old is obsolete.

 

[extrap]

Sewellgt: most of that data is obsolete. Given how prices have been going, anything more than about 4 months old is obsolete.

Hey Pete ... Are prices higher or lower now?

 

[Art138]

2005 White/Blue all 4 options 6k miles paid $419k in April 2022. Private sale so here is some data for you

The yellow with black stripe 5,800 miles on BAT (the other day) sold for 412k without fees so your price point seems consistent into May.

 

[Tomcat]

Hey Pete ... Are prices higher or lower now?

My opinion (based on selling my house and my BMW 850i) is that tangible goods prices (in Spring of 2022) are up significantly from 2-3 years ago.

 

[Gene Cassone]

It will be interesting to see what happens in exotics car market with stock market going south and interest rates going up! People will be afraid to spend money or will they look at it as diversification!!

 

[PA32Pilot]

The yellow with black stripe 5,800 miles on BAT (the other day) sold for 412k without fees so your price point seems consistent into May.

Meh, I bought the car to drive, it's about smiles per miles and as long as I have smiles the price I could possibly maybe sell it for doesn't even matter.

 

[PeteK]

Hey Pete ... Are prices higher or lower now?

Compared to two years ago, or even six months ago, obviously they are up. That's why the data from last year and earlier are obsolete for figuring out what to pay for a car today. In the past 4 months, it's not so apparent. We've seen new high water marks set this year, but judging from the online auctions, it appears the GT prices have dipped in the past month. No guarantees whether that represents a trend. There's still a lot of scatter in the pattern.

But I ain't selling mine, so I don't care much. It's just morbid curiosity.