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This second-hand Ford GT sold for $1.54m

Ford’s two-year ban on selling the new GT is starting to expire

Published: 11 Oct 2019

It’s generally considered that as soon as you drive your brand spanking new car off the forecourt, it immediately loses value. Ford knew that wouldn’t be the case with the new GT, mind, even though it extended production from the original target. Build slots were so sought after for the carbon-tubbed, 647bhp supercar that those who missed out would be itching to get their hands on one in the second-hand market.

That meant buyers who managed to secure one new could have just started flipping their cars to make a quick buck, but that’s hardly a good image to have associated with your $400,000-ish (£325,000) halo product, is it?

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And so, Ford inserted a clause in the contract that meant new buyers couldn’t sell their cars until at least two years had passed from delivery. With the first cars arriving with owners in 2017, we’ve now seen the first (legal) second-hand auction listing.

The winning bid? A stunning $1.54million, or around £1.25million at current exchange rates.

This wasn’t just a standard GT to be fair. It was the '66 Heritage Edition that was specced to celebrate the original GT40’s win at Le Mans in 1966. It’s a beautiful thing isn’t it? It also probably cost its first owner slightly more than the off-the-shelf price for most GTs, although we’d guess they still made a decent profit on their investment.

It really was bought as an investment too - according to the auction house Barrett-Jackson, the ’66 Edition only had 30 miles on the clock when the hammer fell. Let’s hope the new owner racks up a few more...

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