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How Much $ is the GT40 worth?


GT500_KR

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Vintage as in the color scheme/optional paint job on the new GT40s...

 

Like so:

 

4963_3.JPG

 

That would be a Ford GT, not a GT-40. The newer built car was to be called GT-40, but George Stauffer holds the copyright to the name and could not come to terms with Ford on their using the name, hence Ford GT. I do have some early items from the conept release which says GT-40; press kit, tri-bar spinner paperweight and watch, but all of that was changed for produciton.

 

As was stated; the newer car is still a strong $150K car, while the original would command half a million or better (probably colser to the or better part).

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That would be a Ford GT, not a GT-40. The newer built car was to be called GT-40, but George Stauffer holds the copyright to the name and could not come to terms with Ford on their using the name, hence Ford GT. I do have some early items from the concept release which says GT-40; press kit, tri-bar spinner paperweight and watch, but all of that was changed for produciton.

 

As was stated; the newer car is still a strong $150K car, while the original would command half a million or better (probably closer to the or better part).

 

You're correct, I was responding to the OP's question.

 

As far as the "new" model Ford GTs are concerned, $150K seems to be the median price, the Heritage do however fetch quite a bit more when they come up for sale (haven't checked Mannheim lately). There was a one-off GT built for the CEO of Ford or something that was on eBay recently, 1 of 1 for color but it's since been taken down/sold. The red/white and white/blue color combos are the most prolific while the yellow/black and other color combos are more limited. The availability of new/untitled GT's is actually pretty decent. Double, even single digit for mileage all day. They're definitely an investment grade car and ones with "high" mileage (breaking into the 5 figures) do sell for a bit less.

 

I'd definitely like to add one to my stable, but I want a GT500 first, which would be more of a DD. It's a buyer's market right now for everything, luxury items included. The GT's definitely a "church" car as I like to call it...

 

...although someone "customized" my M-B S55 AMG in the church parking lot once...and forgot to leave a note. :doh:

 

A little GT trivia...

 

Does anyone know what the number 40 refers to?

 

BTW Grabber, awesome pics! :rockon:

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You're correct, I was responding to the OP's question.

 

As far as the "new" model Ford GTs are concerned, $150K seems to be the median price, the Heritage do however fetch quite a bit more when they come up for sale (haven't checked Mannheim lately). There was a one-off GT built for the CEO of Ford or something that was on eBay recently, 1 of 1 for color but it's since been taken down/sold. The red/white and white/blue color combos are the most prolific while the yellow/black and other color combos are more limited. The availability of new/untitled GT's is actually pretty decent. Double, even single digit for mileage all day. They're definitely an investment grade car and ones with "high" mileage (breaking into the 5 figures) do sell for a bit less.

 

I'd definitely like to add one to my stable, but I want a GT500 first, which would be more of a DD. It's a buyer's market right now for everything, luxury items included. The GT's definitely a "church" car as I like to call it...

 

...although someone "customized" my M-B S55 AMG in the church parking lot once...and forgot to leave a note. :doh:

 

A little GT trivia...

 

Does anyone know what the number 40 refers to?

 

BTW Grabber, awesome pics! :rockon:

 

----------------------------------------------------

This dealer site has almost cornered the pre-owned Ford GT market: http://www.eliteautosllc.com/home.php. Should give you a good idea of GT values.

 

Height, in inches, of the original.

The '05 and '06s are 43.5 inches in height.

 

Nice Pics Grabber.

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Funny thing about the name rights? While Ford tried to call it a GT-40, that name was really just a slang term, cause of its height. It really was called a Ford GT, as it was a Lola GT body with Ford power. They kept the name for the '64 season, when working on it, and its why the original prototype seen in pics (now since destroyed racing), show the rocker decal as "Ford GT". When Ford couldn't get the name GT-40, they figured, just name it Ford GT, as thats what it was originally.

 

And I can add some SERIOUS insight to the question on values of the original cars? GT 101 and GT102 are gone. They were destroyed while racing. GT103, is the oldest in existance. It was owned for almost 40 years by a very good friend of my father's, in a town in Montgomery County, PA. It was the 1st to ever win a race for Ford (Daytona 65), first to ever finish a race, and it was one of the early cars worked on my Carroll Shelby, to get it up to "snuff" for racing. He never thought to sell it, but Symbolic MotorCars of La Jolla, contacted him and the dealer made an offer he couldn't pass up. Symbolic restored the car back to the original Guardsman Blue/White stripe with #73 Roundel on it (the livery it wore when it won Daytona), and they sold it at auction at Monterey several years ago. The car now resides at the Shelby Museum in Boulder, Colorado.

 

Oh, and the price my dad's friend got? Rumor was well over $2 Million!! Just a little food for thought.

 

And I do have pics of his car, in the old Maroon color he had Ford paint it when he bought it back in the 60's, but the problem, they are on regular 35MM film. I saw the car the 1st time back in the early 2000s, at a picnic, and digital cameras were still VERY expensive and not as prevelant back then as they are today.

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Good trivia question. Right answer.

As far as rarity, I understand the Ford GT (40) roadster has been restored, or is being restored. It was in one of the British magazines of late.

 

More trivia:

 

In relation to the Ford GT;

Who/what was Petunia?

 

Similar but different situation;

Bonus: Who/What was Daisy?

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More trivia:

 

In relation to the Ford GT;

Who/what was Petunia?

 

 

 

Petunia: Ford's internal vehicle name for the GT during its development and pre-production phase.

 

You have stumped me with "Daisy"

 

You're right on Petunia.

 

Daisy was the name used for the Cobra Concept when Ford was developing it.

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One-off or not that $600K asking price is a way tall order...

 

 

 

Ronin:

Not sure why its a one off. Ok its got 2 noteworthy signatures but ~$600K? Yes Mr. Theodore was the VP of New Product Development at the time the GT was green lighted but $600K? Come on. During the GT1 Rally, Aug 06, Camilo Pardo, Edsel Ford and the rest of the GT development team were signing a lot of the nearly 100 GTs that came to Dearborn for the event. A lot of GTs out there have many noteworthy signatures on the engine frames or on the underside the front bonnet.

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Ronin:

Not sure why its a one off. Ok its got 2 noteworthy signatures but ~$600K? Yes Mr. Theodore was the VP of New Product Development at the time the GT was green lighted but $600K? Come on. During the GT1 Rally, Aug 06, Camilo Pardo, Edsel Ford and the rest of the GT development team were signing a lot of the nearly 100 GTs that came to Dearborn for the event. A lot of GTs out there have many noteworthy signatures on the engine frames or on the underside the front bonnet.

 

Like I said in one of my previous posts the one-off is the 1 of 1 on the color. Not sure it's worth what they're asking though...

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  • 6 months later...
81d0_4.JPG

 

One-off or not that $600K asking price is a way tall order...

 

This car sold to a friend of mine for $259,000. It now resides in New York. It is painted Sonic Blue and is the only Ford GT painted that color. Sonic Blue is the color of the blue stripes that are painted on White Ford GTs. Build Team member Chris Theodore had the Saleen assembly plant switch paint colors from the standard Midnight Blue to the Sonic Blue for his personal car. Bill Ford found out about it before Chris could take delivery and nixed the employee sale. The car was auctioned by Ford with the proceeds going to charity. It was purchased by a Ford Dealer for about $350,000. That dealer got into financial trouble this year and put the car on e-bay several times before it sold to its current owner in New York for $259,000. I think it was a great buy on a One of One Ford GT. I wish it was mine!

 

Chip

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This car sold to a friend of mine for $259,000. It now resides in New York. It is painted Sonic Blue and is the only Ford GT painted that color. Sonic Blue is the color of the blue stripes that are painted on White Ford GTs. Build Team member Chris Theodore had the Saleen assembly plant switch paint colors from the standard Midnight Blue to the Sonic Blue for his personal car. Bill Ford found out about it before Chris could take delivery and nixed the employee sale. The car was auctioned by Ford with the proceeds going to charity. It was purchased by a Ford Dealer for about $350,000. That dealer got into financial trouble this year and put the car on e-bay several times before it sold to its current owner in New York for $259,000. I think it was a great buy on a One of One Ford GT. I wish it was mine!

 

Chip

 

I wish it was mine!

 

Instead of or in addition to?

 

GT's are awesome cars. When I saw them at the Gateway museum last October, compared to the Ferrari, Z06 and the Aston Martin, the GT was clearly the "winner". The two guys I talked to agreed that they were "the race cars". The Aton Martin was a civilized fast Rolls (it didn't have a jar of mustard in the center console), the Ferraris were the faves of the guys that needed civilized speed, and the Z06's were, well, not very popular. The Ford GTs were ones with the waiting line.

 

A real GT40 would be worth much more than $500K. Mostly because there simply aren't many left, and those that are have a very proven provenance.

 

Superformance makes a licensed GT40 continuation car that is almost (like 95%) interchangeable parts with the original. Very cool.

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