GT at Mecum Kissimmee

[soccer7326]

Notes: Rounded numbers and just did 10% plus minus for buyer seller nets:

RM Auction: Red 05 - 5100 miles - Hammer $225, net buyer $248, net seller $203, notes: modified exhaust
Gooding Auction: White 05 - 600 miles - Hammer $259, net buyer $284, net seller $233
BJ Auction: Blue 06 - 3400 miles - Hammer $240, net buyer $264, net seller $216
BJ Auction: Tungsten 06 - 2400 miles - Hammer $250, net buyer $275, net seller $225
Mecum Auction: Blue 05 - 3439 miles - Hammer $238, net buyer $261, net seller $214
Mecum Auction: Flat Black 05 - ?? miles - Hammer $205, notes: highly modified, no sale
Mecum Auction: Heritage 06 - 2400 miles - Hammer $320, net buyer $352, net seller $288
Mecum Auction: Yellow 06 - 568 miles - Hammer $285, notes: no sale
Mecum Auction: Yellow 06 - 2558 miles - Hammer $243, net buyer $267, net seller $218

Averages: Hammer $252, net buyer $277, net seller $226

 

[B. West]

Great summary.

 

[GKW05GT]

Nice summary thanks, with one note

Gooding Auction: White 05 - 600 miles - Hammer $259, net buyer $284, net seller $233

I was at this auction and the hammer was 235 and 10% was 258,500 to the buyer as Gooding website prices include commission.
This car was perfect and brought good money.

 

[Indy GT]

I bought my GT to drive and that I have done. We probably put close to 2K miles on her with the pre/post rally drives this year (and all the wrong turns on the poker run event). We had a great time with many new and old car owner friends. This will not be changed.

But the continuing climb of our car values gives me pause when considering furture track time which is fun but entails optional risk. Like Rocketman Ron has said, "There is nothing you can do on the track to make your car look better".

 

[Xcentric]

^^^ True. The most fun I've had driving the GT was Pre/Rally 8/Post. Especially following Special Ed around La Honda and Tahoe (in spite of his Hoosiers).

 

[pacettr]

Notes: Rounded numbers and just did 10% plus minus for buyer seller nets:

RM Auction: Red 05 - 5100 miles - Hammer $225, net buyer $248, net seller $203, notes: modified exhaust
Gooding Auction: White 05 - 600 miles - Hammer $259, net buyer $284, net seller $233
BJ Auction: Blue 06 - 3400 miles - Hammer $240, net buyer $264, net seller $216
BJ Auction: Tungsten 06 - 2400 miles - Hammer $250, net buyer $275, net seller $225
Mecum Auction: Blue 05 - 3439 miles - Hammer $238, net buyer $261, net seller $214
Mecum Auction: Flat Black 05 - ?? miles - Hammer $205, notes: highly modified, no sale
Mecum Auction: Heritage 06 - 2400 miles - Hammer $320, net buyer $352, net seller $288
Mecum Auction: Yellow 06 - 568 miles - Hammer $285, notes: no sale
Mecum Auction: Yellow 06 - 2558 miles - Hammer $243, net buyer $267, net seller $218

Averages: Hammer $252, net buyer $277, net seller $226

Being a n00b I wonder why one would use an auction to sell a nice GT. Seems one could easily receive the listed nets without the extra trouble and expense to the buyer, especially considering the relatively high demand vs supply...?

 

[Joehand1]

I bought my GT to drive and that I have done. We probably put close to 2K miles on her with the pre/post rally drives this year (and all the wrong turns on the poker run event). We had a great time with many new and old car owner friends. This will not be changed.

But the continuing climb of our car values gives me pause when considering future track time which is fun but entails optional risk. Like Rocketman Ron has said, "There is nothing you can do on the track to make your car look better".

Yes indeed...my GT has retired from the track, just in time to be replaced by my Chump Racing Ford Escort ZX2! Parts like a radiator are 68 bucks...

 

[Sinovac]

Yes indeed...my GT has retired from the track, just in time to be replaced by my Chump Racing Ford Escort ZX2! Parts like a radiator are 68 bucks...

You are a very smart man.

 

[Cobrar]

Yes indeed...my GT has retired from the track, just in time to be replaced by my Chump Racing Ford Escort ZX2! Parts like a radiator are 68 bucks...

Awesome car and series! :thumbsup

 

[Xcentric]

Awesome skull too, for a white guy. :thumbsup

 

[SteveA]

Although it is true Ford pulled financial support for the GT program shortly after the '67 Le Mans win they didn't actually leave JW out in the cold. Ford gathered all R&D, testing results (which was volumes) and many parts from Shelby America and Holman Moody and gave it to JW. Considering the car was pretty well sorted out by then, this most likely was a huge cost savings for JW.

 

[FBA]

Being a n00b I wonder why one would use an auction to sell a nice GT. Seems one could easily receive the listed nets without the extra trouble and expense to the buyer, especially considering the relatively high demand vs supply...?

They pretty much sell when at an auction, as opposed to waiting for a sale through normal channels...like say if I were to sell it at an auction, I'd have a pretty good chance of it selling right there and then (if we're talking about FGT's or other rare or desirable cars). If I were to give it to a dealer here, they would either pay me less, or put it on consignment, which could take a long time to move. I guess it also depends on market conditions as well. It may be that I could get from a dealer what it would bring me at the auction, maybe.