Public service announcement: List of Ford GTs at upcoming auctions (with links)


Stef

GT Owner
Mark IV Lifetime
Le Mans 2010 Supporter
Apr 5, 2009
1,111
Southern California
In an effort to make as many charts as possible, we can refine further. :LOL: Barrett-Jackson seller fee per their website is 8%, and the on-site buyer premium is 10%. It's 12% for absentee bidders. Mecum seller fee is 10% on cars with reserve, 6% on cars without; buyer's premium is also 10% on-site, 12% absentee. We'll just make it easy and assume 10% on all. Bonhams buyer fee is 12% on the first $250,000, 10% on dollar amounts over; have to contact them for seller fees, so just assume 10%.

I was never good at math, so caveat emptor.

VENUEHammer PriceSellerBuyerMileageColorYear
Barrett-Jackson$410,000$377,200$451,0004,100Midnight Blue (Ressler)2005
Barrett-Jackson$400,000$368,000$440,0005,603Quicksilver (VIN 003)2005
Barrett-Jackson$400,000$368,000$440,0002,384Heritage2006
Mecum$390,000$351,000$429,000625Heritage2006
Barrett-Jackson$347,000$319,240$381,70029MkIV Red2006
Mecum$340,000$306,000$374,0004,935Heritage2006
Mecum$340,000$306,000$374,0002Centennial White2005
Barrett-Jackson$312,000$287,040$343,2003,400Midnight Blue2006
Mecum$305,000$274,500$335,000315MkII Black2005
Barrett-Jackson$300,000$276,000$330,0001,111Speed Yellow2006
Barrett-Jackson$300,000$276,000$330,0004,812MkIV Red2005
Barrett-Jackson$300,000$276,000$330,0008,404Midnight Blue2006
Barrett-Jackson$285,000$262,200$313,5003,343MkII Black2005
Mecum$270,000$243,000$297,000505MkIV Red2005
Bonhams$255,000$229,500$280,5001,778Centennial White2005
Mecum$225,000$202,500$247,5007,935Centennial White2006
Gooding$345,000 (NO SALE)5,477Heritage2006
Leake$285,000 (NO SALE)977MkII Black2006
Leake$270,000 (NO SALE)2,927Tungsten2006
Mecum(Withdrawn)2005
Thanks for posting!
 

Specracer

GT Owner
Mark IV Lifetime
Nov 28, 2005
7,154
MA
Had a ball at auction week. So much fun. Glad to see the people that we did see!
 
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jcoltrane

GT Owner
Dec 22, 2018
7
Congrats jc, beautiful car! I don't recognize the board name and will respect your privacy but did I see you at Chip's dinner Thursday?

I wasn’t at the auction unfortunately, a friend of mine was bidding on my behalf. I do feel a little bad about that, because I didn’t realize they were going to shove TV cameras in his face for this lot.

I appreciate all of the kind words in this forum, I’m excited to be the new caretaker of this special FGT!
 

Ed Sims

GT Owner
Mark IV Lifetime
Apr 7, 2006
7,922
NorCal
Yes, congrats jcoltrane. One cool & special GT for sure.

Ed
 

FikseGTS

GT Owner
Apr 15, 2007
461
South Florida
 
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Specracer

GT Owner
Mark IV Lifetime
Nov 28, 2005
7,154
MA
As usual, A line or 2 by the author, that proves, that their subject matter is not in their top level of expertise.

"Ford made about 4,000 of them and buyers were not preselected. Even those Ford GTs, though, are still worth at least what they cost when new -- if not somewhat more, according to the Hagerty collector car pricing guide. "

I think there a few in this thread that would almost "kill" to find a GT for anywhere close to original MSRP.
 
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SYCO GT

GT Owner
Mark II Lifetime
Sep 9, 2006
5,043
California
Sad. Poor basic math skills. Since when does $295,000 = $155,000? Of course, still only matters if you're selling...
 

Shark01

GT Owner
Jul 22, 2012
599
Houston Texas
I think there a few in this thread that would almost "kill" to find a GT for anywhere close to original MSRP.

Yeah, how many would I have to almost kill (allegedly)? I hear this is actually the leaked plot of John Wick 4
 

ByeEnzo

GT
Mark IV Lifetime
Le Mans 2010 Supporter
Dec 10, 2005
2,299
Fort Worth, TX
FYI.

 
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centerpunch

ex-GT owner x2
Mark II Lifetime
Sep 16, 2005
952
OH/NC
A couple of big buck sales for low mile cars at Amelia.

Keith Crain blue/white 415 miles, $385K including buyer fee

2 mile Heritage, $533K including buyer fee
 
Oct 14, 2009
386
Alberta, Canada
A couple of big buck sales for low mile cars at Amelia.

Keith Crain blue/white 415 miles, $385K including buyer fee

2 mile Heritage, $533K including buyer fee
That's brutal! Imagine buying a Heritage with 2 miles on the odo. If you decide to make a driver out of it, you'll loose $150k after you rack up a couple thousand miles of "pure visceral rapture".

Meh, who am I kidding, why would you even wanna drive a Heritage with only 2 original miles. After all, it only has 2 miles on the odo once in it's life :ROFLMAO:

Probably best to put it in a museum and just look at it :unsure:

QSS
 
Oct 14, 2009
386
Alberta, Canada
Not brutal for the seller.

QSS
 

jammer

GT Owner
Mark II Lifetime
Apr 19, 2016
187
Financially would be better for the new owner to buy a high mileage driver for said "pure visceral rapture" and keep the odo on the 2-mile Heritage pegged at 2. Would still be a damn shame to keep the Heritage undriven like the dozen F40s tragically captured and decaying from neglect in the Sultan of Brunei's stable.
 

centerpunch

ex-GT owner x2
Mark II Lifetime
Sep 16, 2005
952
OH/NC
More numbers:

I think RM buyer fee is 12% up to $250K, then 10% over that.
I think the seller fee is negotiable, but I'll assume it's 10%.
In that case.......

Keith Crain 415 mile blue/white
Hammer $345,000
Buyer paid $384,500
Seller received $310,500 (estimate, assuming 10% seller fee)
RM received $74,000 (estimate, assuming 10% seller fee)

2 mile Heritage
Hammer $480,000
Buyer paid $533,000
Seller received $432,000 (estimate, assuming 10% seller fee)
RM received $101,000 (estimate, assuming 10% seller fee)
 
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GT@50

GT Owner
Mark II Lifetime
Dec 14, 2019
941
Issaquah
Black, 7500 mile sold for 259 on BaT
 

HighHP

GT Owner
Jun 3, 2019
469
Spokane, WA
Right on the price formula/curve.
 
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Specracer

GT Owner
Mark IV Lifetime
Nov 28, 2005
7,154
MA
FYI RM Palm Beach has bagged the in person auction next weekend (~March 20th), in favor of on line only. There is a red, at least supposed to be offered (who knows if it will be pulled or what)
 

Shark01

GT Owner
Jul 22, 2012
599
Houston Texas
Right on the price formula/curve.

Not really considering the CarFax blemish (not explained very well IMO) and the $5k to BAT. And the formula includes the optional wheels....
 

Cobrar

GT Owner
Mark II Lifetime
Jun 24, 2006
4,025
Metro Detroit
FYI RM Palm Beach has bagged the in person auction next weekend (~March 20th), in favor of on line only. There is a red, at least supposed to be offered (who knows if it will be pulled or what)


I'm hoping to get enough to buy a new Bronco and a GT500.
 

Specracer

GT Owner
Mark IV Lifetime
Nov 28, 2005
7,154
MA
Good luck with that, in "today's" conditions.

I'm hoping to get enough to buy a new Bronco and a GT500.