Ford GT worth $1,000,000 ?

[sameerrao]

Originally Posted by nthfinity The Ford GT is no F430; or Gallardo What do you base this assumption on? 2005 GT's are still pulling 180+ Meanwhile, 2004/5 Gallardo's aren't selling for 120 now

I think it takes a very special car and lots of time for it to go up 8 times in value ($150k to $1MM).

The Ford GT is a great car but it isn't that rare or unique. It doesn't have race cred - Speed World Challenge is a new occurrence. Also you can manufacture a GT40 replica with A/c for $80-150K. So the GT is kind of attacked on the upper and lower price end.

Also while its performance is fantastic now, it may be ordinary 15 years from now.

Look at the cars made in the 80s - they would be ~ 20 years now. How many of the 80s cars are in the million dollar price bracket today? Hardly any. Even Porsches, Ferraris and Lambos made in the 80s do not make the cut - the F40 retails for $500K and lesser now. Give me an example of a car that grew from ~$150k to $1 MM in price.

15 years is too short a time frame for a limited production production car to jump this much in value.

[nthfinity]

Originally Posted by sameerrao I think it takes a very special car and lots of time for it to go up 8 times in value ($150k to $1MM). The Ford GT is a great car but it isn't that rare or unique. It doesn't have race cred - Speed World Challenge is a new occurrence. Also you can manufacture a GT40 replica with A/c for $80-150K. So the GT is kind of attacked on the upper and lower price end. Also while its performance is fantastic now, it may be ordinary 15 years from now. Look at the cars made in the 80s - they would be ~ 20 years now. How many of the 80s cars are in the million dollar price bracket today? Hardly any. Even Porsches, Ferraris and Lambos made in the 80s do not make the cut - the F40 retails for $500K and lesser now. Give me an example of a car that grew from ~$150k to $1 MM in price. 15 years is too short a time frame for a limited production production car to jump this much in value.

FIA GT, the Ford GT3 is one of the winning cars all over Europe.
ALMS GT2 is not a winner, but it isn't the slowest on the grid of GT2 cars... unless one of the Robertson's are driving.

Again
The car in question is the only one painted in Sonic Blue (which I don't think looks particularly awesome) started life as a $300,000 car. In 15-25 years time, this will be one of the saught after Ford GT's even within the Ford GT community.

Current owners are quickly becoming a vast array of multi GT owners, hording all the best cars with low miles, no stories, and rare options. Yet, there aren't any other cars for sale that are "one of a kind" factory options. All you have to do is look at the history of Domestic sportscar auction to see the wild array of prices in the astronomical zones to see that the asking price on this one isn't far fetched, if not very timely.

Ferrari 360's, come go, and replaced by F430's, F480? etc.

The Ford GT while not "extremely" rare, is not a beast that has been, or will be replaced. Nor will it ever be turned into a Kit Car. The Kit's are so expensive that they aren't very diminishing against either the Modern GT, nor the original small production run that exists.

Note, there are very clever clone/ kit 288 GTO's, 250 GTO's, 250 Cali Spiders, P4's, 917's, etc. etc. What have those done to the market of the real deal?

Your arguements just don't fit the mold you are attempting to paint, Sameer.