Auction prices for the 2004-2006 Ford GT bode well for this practically new 2006 Ford GT with just 10.8 miles that’s set to cross the auction block.
In the echelon of Ford GT’s you’ve got your priceless original race cars from the 1960’s, then their’s the new 2017 Ford GT, next is the barely used first gen Ford GT’s, and finally you’ve got your uncommon driven first gen Ford GT’s with a good amount of mileage on them. This one’s the later. According to CarScoops on their report on this one-of-a-kind Ford that’s about to cross the Auction at RM Sotheby’s Fort Lauderdale they posted earlier today (Dec. 5, 2017) this white Ford GT is practically new with just 10.8 miles on the clock. Check out a couple of photos of this barely driven blue oval beast below.
— Carscoops (@Carscoop) December 6, 2017
The original MSRP of the Ford GT was around $140,000. Ford raised that price by $10K a year later. Recent first generation Ford GT’s that crossed the auction block are going for 2-3 times that much for a whopping good return on investment for those that sat on them.
The Ford GT represents a period in American racing when the underdog, Ford, dominated Ferrari in the 24 Hours of LeMans and numerous other races of that time period. As such, it’s a car that carries a lot of history. With the introduction of the 2017 Ford GT and after setting a milestone by winning at Le Mans with their new race car 50 year later, this only has increased the price of every Ford GT. Since their were only 4,038 first gen Ford GT’s made, they’re not exactly rare, but they aren’t all that common.
With that classic car look and a modern powertrain, it’s easy to see why these are so desirable. Underneath the hood of this particular Ford GT and pretty much any first gen GT is a supercharged 5.4L modular V8 that puts out a generous 550 HP and 500 lb-ft. Keep in mind that in the age of hybridization, smaller engines, and turbocharging, this is a return to basics fun.
Estimates are pegging the final auction price to be in the $300,000-$350,000 neighborhood and given the condition, prominence, and just being a cool piece of American history, I tend to agree.
RM Sotheby’swill return to Fort Lauderdale on April 6-7 of 2018 so mark your calendars as it’s sure to be a barn burner of a sale.