Quote:
Originally Posted by REAL 1
Bartruff1: I'm sure you can pick up some rough FGTs in the $120s with high mileage especially some salvage cars or cars that have a "story" i.e. have been hit or damaged to some extent or the other.
Excellent examples i.e. with "no stories" and low mileage...plan on at least $140K to $150K or more depending on options, color, mods. etc...
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I agree. I actively was in the market for the car at one time.
My research goes back to the guy that started the FordGTprices website (or whatever it was). He had a chart that showed how the Dodge Viper (1992-now) started out strong and then lost its appeal and depreciated. He bought a blue Ford GT only to put it up FS in a few months. It was the car that was in a book showing it going down the assembly line (I should have bought it).
Anyway, I have a list on my other computer showing all of the wrecked Ford GT's. They were actually wrecked (about ~10-12) very soon after leaving the dealership. Ford later offered a driving school for all new buyers. I would avoid these cars because some were hit very badly.
Nonetheless, my SCM value guide shows a $135K-$150 current value of the car. My research shows that most of the "nice" ones are selling on the high end of this price.
I temporally lost interest in the car due to a few "incidents" on the FordGTforums.com site which I didn't feel was fair. The Ford GT site just isn't the great site that this site is. Just my opinion.