Hey everyone,
You may have seen my post: Determining Agreed Value on Higher Mileage '05 FGT
I wanted to share some recent info that might be helpful for those of us with higher mileage Ford GTs when it comes to ensuring our cars are properly insured with an agreed value.
I’ve been in the process of getting an agreed value on my 2005 Ford GT, which currently has 47,319 miles.
A recent sale on Bring A Trailer caught my attention. A 2006 Ford GT with 41,195 miles (a Canadian car, which typically fetches a bit less than U.S. models) just sold for $361,000. With the BaT buyer’s commission of $7,500, that brings the total to $368,500. Here's the link to the auction.
Considering this auction of a higher mileage example, it’s clear that our FGTs still hold significant value, even with more miles on the clock. If you have a GT with higher mileage, it might be a good idea to revisit your insurance policy to make sure your car is insured for its proper value.
Just wanted to share this as a reminder to keep an eye on market trends and ensure our GTs are properly covered!
Safe driving, everyone!
You may have seen my post: Determining Agreed Value on Higher Mileage '05 FGT
I wanted to share some recent info that might be helpful for those of us with higher mileage Ford GTs when it comes to ensuring our cars are properly insured with an agreed value.
I’ve been in the process of getting an agreed value on my 2005 Ford GT, which currently has 47,319 miles.
A recent sale on Bring A Trailer caught my attention. A 2006 Ford GT with 41,195 miles (a Canadian car, which typically fetches a bit less than U.S. models) just sold for $361,000. With the BaT buyer’s commission of $7,500, that brings the total to $368,500. Here's the link to the auction.
Considering this auction of a higher mileage example, it’s clear that our FGTs still hold significant value, even with more miles on the clock. If you have a GT with higher mileage, it might be a good idea to revisit your insurance policy to make sure your car is insured for its proper value.
Just wanted to share this as a reminder to keep an eye on market trends and ensure our GTs are properly covered!
Safe driving, everyone!
