Color and value in todays market


Cobrar

GT Owner
Mark II Lifetime
Jun 24, 2006
4,033
Metro Detroit
Done. :biggrin I'll also define "huge" as significantly higher than MSRP adjusted for the pace of inflation.

I know it's certainly more desirable due to circumstance and the lack of a successor, but consider a Murcielago. That car just reached 4000 units over it's run and there are Murcielagos that are significantly cheaper than Ford GT's. 4000 is a pretty big number in the context of "rare".

We have definitely lost a big number to wrecks, and there are people like me that drive their car a ton and will never sell it, but it still has to be in the 3000 range. This is why ultimately, as Waxer pointed out, I don't think color will matter nearly as much in the future as mileage and condition.

30 years from now, if you have a Ford GT on MSO with almost no miles, you will have a big pile of money on your hands regardless of the color. You will have also wasted 30 years worth of driving memories (unless of course you have several, as many here do).


You know, you're a pretty sharp guy, you ought to log-in here once in a while and start a thread :biggrin.

Quietly, I was counting on the recent issue of a few extra trillion greenbacks to help hedge my bet, but you called me out on that. We are all most fortunate to be living in a time of resurgence in performance and it isn't going to last forever, as a bunch of someones are going the end the party. And as great as Mustangs are, they'll never hold a candle to my old, undesirable, red w/whitestripe 4 option GT, which will bring $200K in 2015. :wink

Big picture, it doesn't matter color or value. I will always remember the moment when Ford rolled out those 3 GT's for the centennial celebration in 2003. Had to have a red one then, and now. Waiting two painfully 2+ long years to take delivery. It's was on my bucket list - Priceless.........
 
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dbk

Admin
Staff member
Le Mans 2010 Supporter
Jul 30, 2005
15,252
Metro Detroit
Where else on the net can a NOOB start a thread and get 12 pages of responses in a few days? Only the FGT Forum! :)

Hey it's winter and my car hasn't been out of the garage since October. We have to talk about something. :lol
 

SYCO GT

GT Owner
Mark II Lifetime
Sep 9, 2006
5,046
California
IMG_5355copy.jpg


Pockets says that the dirt on the front tire reduces value.

: )
 
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Waxer

Well-known member
Le Mans 2010 Supporter
Jul 22, 2007
927
Thats because the tires on Pockets FGT never saw dirt....or gravel, or pavement or sand or water or sunlight or even moonlight for that matter. Just the cement on his garage floor and the light from the 60 watt bulb overhead. Sad really.

While DBK pointed out 4000 FGTs were built with approximately 3000 left standing today... thats a pretty hefty attrition rate. 25% in 4 years!. Thats roughly 6.25% attrition rate per year. Even if we knock that down to 5% per year as we know from past experience that alot of guys that have these wunder cars have more money than brains (present FordGTforum members excluded :biggrin). So that puts the surviving FGTs in 10 years around 1500 to 2000 cars surviving out of which even fewer will be low mileage and in exemplary shape.

Again, color will be less important then mileage and condition. Make sure you have your original parts if you have done performance mods as I believe original cars will be sought after and cars with quality performance mods that have all the original parts with the car will be second most desireable. Just MHO. :thumbsup
 
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ChipBeck

GT Owner
Staff member
Mark IV Lifetime
Le Mans 2010 Supporter
Feb 13, 2006
5,787
Scottsdale, Arizona
Going up.

Man.....those black cars can climb really steep roads!

Chip
 

Empty Pockets

ex-GT Owner
Mark IV Lifetime
Le Mans 2010 Supporter
Oct 18, 2006
1,362
Washington State
Pockets says that the dirt on the front tire reduces value.

Pockets would only think it. He would never actually come out and say it. (He could however, provide any interested parties with various surveys confirming that very fact...:tongue)




Thats because the tires on Pockets FGT never saw dirt....or gravel, or pavement or sand or water or sunlight or even moonlight for that matter. Just the cement on his garage floor and the light from the 60 watt bulb overhead. Sad really.


:skep :dead: :slap :slap :slap
 

Waxer

Well-known member
Le Mans 2010 Supporter
Jul 22, 2007
927
Yes. I know. But this thread was started by a newbie. Just bringing him up to speed.

Sorry.

:willy
 

dbk

Admin
Staff member
Le Mans 2010 Supporter
Jul 30, 2005
15,252
Metro Detroit
While DBK pointed out 4000 FGTs were built with approximately 3000 left standing today... thats a pretty hefty attrition rate. 25% in 4 years!. Thats roughly 6.25% attrition rate per year. Even if we knock that down to 5% per year as we know from past experience that alot of guys that have these wunder cars have more money than brains (present FordGTforum members excluded :biggrin). So that puts the surviving FGTs in 10 years around 1500 to 2000 cars surviving out of which even fewer will be low mileage and in exemplary shape.

I'm pretty confident that the number of "totals" will start to decline dramatically in the coming years. For one, people are going to start to drive them less. I racked up 15,000 miles quick. The last 5,000 have taken a while.

The other thing is that a HUGE number of the totals occur as soon as they hit the road. There's a white 05 GT going through auction today that was totaled last month and the car has a whopping 25.7 miles on the odo. :ack I also know of a yellow that was totaled recently that had less than 500 miles because someone that wasn't the owner took it out.

Not that I think everyone becomes an expert over time, but I definitely think the word is out, and the risks associated with hopping in a GT and putting the pedal to the metal are taken a little more seriously. Then again, as they change hands when they get cheaper, maybe it will be the reverse.
 

Kingman

GT Owner
Mark II Lifetime
Aug 11, 2006
4,072
Surf City, USA
Anyone else notice that whenever a Car Mag runs some pics of someone's car collection/garage, there is usually an FGT there?

Hmmmmmmmmmmmmmmmm.
 
H

HHGT

Guest
Anyone else notice that whenever a Car Mag runs some pics of someone's car collection/garage, there is usually an FGT there?

Hmmmmmmmmmmmmmmmm.

Funny you should say that. I bought the last Bendpak 14SS yesterday (Thank you Kendall) and when I went to their website they showed a White/Blue on the rack.
 

2112

Blue/white 06'
Mark II Lifetime
Yes. I know. But this thread was started by a newbie. Just bringing him up to speed.

Sorry.

:willy

Wow, an in the park HR at my first at bat. :eek

Can you bring me up to speed on how valuable the recall supplied billet control arms are? Some advertise it as a special value enhancing feature.

Also, What about missing options? You can swap out wheels and calipers, so I assume at the most the difference is the cost of those items.

,
 
H

HHGT

Guest
Wow, an in the park HR at my first at bat. :eek

Can you bring me up to speed on how valuable the recall supplied billet control arms are? Some advertise it as a special value enhancing feature.

Also, What about missing options? You can swap out wheels and calipers, so I assume at the most the difference is the cost of those items.

,

They really have no value at all. If you pick up a car that has them, I'll send someone over to replace them with the highly more reliable cast arms at no charge....:biggrin
 

tiger 6

GT Owner
Mark IV Lifetime
Mar 5, 2006
234
virginia
pockets would only think it. He would never actually come out and say it. (he could however, provide any interested parties with various surveys confirming that very fact...:tongue)







:skep :dead: :slap :slap :slap

lmao
 

SYCO GT

GT Owner
Mark II Lifetime
Sep 9, 2006
5,046
California
Man.....those black cars can climb really steep roads!

Chip

And heavily modified, they can change the rate of the earth's rotational speed.

Just ask Soroush!
 

BlackICE

GT Owner
Nov 2, 2005
1,416
SF Bay Area in California
And heavily modified, they can change the rate of the earth's rotational speed.

Just ask Soroush!

While at Mojave the torque from my rear wheels did exactly that! :biggrin
 

SYCO GT

GT Owner
Mark II Lifetime
Sep 9, 2006
5,046
California
While at Mojave the torque from my rear wheels did exactly that! :biggrin

So it was you!

Now, I have to re-set all my watches ahead a few seconds...
 

usmcfred

GT Owner
Mark II Lifetime
Oct 26, 2006
546
Massachusetts
This thread has gone in a few different directions from the initial question however, my (somewhat prejudiced) point of view is, with the exception of the Heritage, which of course carried the highest MSRP, the absolute NUMBER of cars produced in each color will, over time have little to do with value. Mileage, condition and good maintenace records will be most important.

There's a GOOD REASON why white and red FGT's with stripes are more numerous ... THOSE ARE THE TWO COLORS THAT MOST BUYERS WANTED ... period. If that was true when purchased new, why should it be any different now and in the future? For example, why would anyone buy say, a Yellow no stripe car just because only a handful were made? That's silly. You should always buy the color you like, as did the vast majority of FGT buyers.

They don't call it Re-sale Red for nothing and the quintessential American racing livery of White with Blue stripes ... think Cunnigham and the original Shelby GT350 in that livery ... will always be desireable.

usmcfred
 

2112

Blue/white 06'
Mark II Lifetime
Well, I went blue with stripes, 4 options. My favorite, though I love them all but two.

:usa

.
 
H

HHGT

Guest
Congrats :cheers and you should feel guilty about all the anger you've generated, guilty enough that you should buy every GT owner you ever come across a BEER...:wink

Welcome to the brotherhood and post some pictures please...:thumbsup
 

2112

Blue/white 06'
Mark II Lifetime
Congrats :cheers and you should feel guilty about all the anger you've generated, guilty enough that you should buy every GT owner you ever come across a BEER...:wink

Your on. :thumbsup


Welcome to the brotherhood and post some pictures please...:thumbsup

Thank you. I suspect it will take 2 weeks to get here. Who is the favored transport at this time. Pricing ranges from 1K to 3K (from Texas). Needs to be 100% trustworthy and of course closed container.

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