Mecum Kissimmee GT auction result 1/13/18


Johntpr

GT Owner
Jan 18, 2017
139
Rockland County, NY
Screenshot_20180113-171604.jpg
 

2112

Blue/white 06'
Mark II Lifetime
The guy with that collection must have a lot of mileage out of his last name.
 

Xcentric

GT Owner
Mark II Lifetime
Jul 9, 2012
5,210
Myakka City, Florida
The guy with that collection must have a lot of mileage out of his last name.

fux-header-2.jpg
 

pe2unia

GT
Mark IV Lifetime
Le Mans 2010 Supporter
This posted price is including commissions. Hammer price was 290
 

BIGFOOT

GT Owner
Jan 18, 2012
685
Northeast
The guy with that collection must have a lot of mileage out of his last name.
BaaaaAAAAAAA
 

Sinovac

GT Owner
Mark II Lifetime
Jul 18, 2006
5,586
Largo, Florida
I thought I had a problem moving cars around when I wanted to drive something.
 

2112

Blue/white 06'
Mark II Lifetime
BaaaaAAAAAAA
Went to school gal named Anita Fok.

Yup, imagine that one coming over the school PA system with an emergency.
 

RickH

GT Owner
Mar 5, 2015
422
Florida
Most of his cars are very low mileage. Probably drives them a couple times and puts them away.
 

ROCK

GT Owner
Jul 10, 2006
395
Miami
The Ford GT would be the last car I sold out that picture.
 

2112

Blue/white 06'
Mark II Lifetime
The Ford GT would be the last car I sold out that picture.
+1
 

nautoncall

GT Owner
Mark II Lifetime
Apr 6, 2014
975
Looks like he likes Porsche and Ferrari.


Sent from my iPhone using Tapatalk
 

roketman

GT Owner
Mark IV Lifetime
Oct 24, 2005
6,471
ma.
If he is happy I'm happy!
 

DBK

The Favor Factory™
Staff member
Le Mans 2010 Supporter
Jul 30, 2005
14,665
Metro Detroit
He got pretty good money for everything. I assume he had a substantial deal with Mecum on the lot.

Blows my mind people are paying around $1.3m for F12 TdFs. His and one other both went just over $1.3m. I mean, yeah, it's cool, love the sound and the look, but you'd have to be out of your mind IMO to pay that money for a 1 of 799(yeah right) variant of a car that is produced in the thousands and typically worth $200-300k. That's more than a 2k mile 918 went for in Scottsdale. I think you'd have to really, really care about that prancing horse logo to make that call...
 

AJB

GT
Mark II Lifetime
Le Mans 2010 Supporter
Jun 28, 2006
2,660
Bloomfield Hills, Michigan
I was shocked last night at the prices at Barrett Jackson. In today's economy buyers are "feeling their oats"!!! Should make tonight interesting.
Andy (ajb)
 

Beez

GT Owner
Mark II Lifetime
Oct 28, 2016
179
South Denver
I was shocked last night at the prices at Barrett Jackson. In today's economy buyers are "feeling their oats"!!!
Andy, how do you think we square this with the Mecum 4 option car 371 miles only $290k? It appears that despite the ever stronger economy, our '05-'6 cars are still not hitting the sales prices they did in '15-'16.
 

ROCK

GT Owner
Jul 10, 2006
395
Miami
Many good new cars in the market.
'18 720S with little miles can be had for about $340k as an example.
 

RickH

GT Owner
Mar 5, 2015
422
Florida
[QUOTE Andy, how do you think we square this with the Mecum 4 option car 371 miles only $290k? It appears that despite the ever stronger economy, our '05-'6 cars are still not hitting the sales prices they did in '15-'16.[/QUOTE]

I was going to bid on this car in 2015 at Kissimmee. I was even up on stage and it got to $290K in a heartbeat, selling for $300K. Still on MSO from original dealer with 560 miles. Seems prices have flat lined since.

https://www.mecum.com/lots/FL0115-204258/2006-ford-gt/
 

DBK

The Favor Factory™
Staff member
Le Mans 2010 Supporter
Jul 30, 2005
14,665
Metro Detroit
Auction prices were all over the place. Any weakness isn't because of other cars IMO. It's basically the opposite.

GTs have been a reasonable store of value for collectors the last couple years. If you were even thinking about it, which I think auction buyers often are, I wouldn't be skipping paying $300k on a GT so I could lose $100k driving a 720S for a year. I'd be skipping paying $300k on a GT so I could throw a dart at the board and make 30% on literally anything. DJIA 19,800 ---> 26,000 in a year.
 

Gene Cassone

GT Owner
Mark II Lifetime
Dec 3, 2005
734
way upstate NY
I no longer put recent supercars in same class as 05-06 GT. No end to HP and performance wars. GT is a classic. No recent cars come close to the design. Not sure why market is soft. Z8s also way down in this month's auctions. American muscle seems to be heading back up. I guess natural fluctuations in the markets!!
 

GKW05GT

GT Owner
Mark II Lifetime
May 28, 2011
2,455
Fayetteville, Ga.
Most of our cars are still worth a good bit more than we paid and the return on investment can't only be measure in just $$$.