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  #1 (permalink)  
Old 08-13-2018, 02:01 PM
Karl Bebout's Avatar
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Cobra Make, Engine: ERA #2119 289FIA
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Default Checkbook time!

The Mecum Auction in Monterey, the end of August is going to have two 2005, two 2006, and one 2017 Ford GT (40s) on the block.

Ya think FoMoCo might be a bit cranked at the owner of the 2017? Think he'll ever get the opportunity to buy another "special" car directly from Ford?

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Old 08-13-2018, 06:26 PM
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The 2017 FGT story goes like this. Someone #1 sold their car to someone else #2. #2 put the car up for auction at another recent Mecum auction where it garnered 1.85M. The buyer is apparently a dealer that is auctioning it again. Ford wanted to go after #2 but a judge told them that #2 didn't sign the contract and that Ford's beef was with #1. That one is still in limbo... Several others I know of have sold theirs with methods that preserve the original legal requirement (one way would be a lien for $1, or anything that leaves the original owner on the title). Essentially Ford's buyback has so many loopholes that noone appears to be concerned about it.
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