A few Ford GTs have started to appear on the used-car market now that their two-year exclusion period has ended, and collectors are spending big bucks to secure themselves the GT.
The GT was originally sold in 2017 for $450,000 and it came with a waiver that stated that the owner could not sell the blue oval supercar for two years.
Now that the exclusion period has ended for a bunch of GTs that were sold in 2017, they are beginning to appear at auction houses all over the world. Earlier in January RM Sotheby’s sold a GT for $923,500 (USD) while Barrett-Jackson’s Scottsdale, Arizona, auctioned two GTs that sold for $1.182 million (USD) and $1.485 (USD).
Well, Ford sold the GT to customers with a few caveats:
Basically, what’s happened is that by implementing a lengthy and strict selection process for choosing the “right” owners, Ford left some heartbroken fans, thirsty to get their hands on a GT someday. And with limiting the production numbers to 250 per year and putting a two year exclusion period they’ve created an exclusive market and if it hasn’t been obvious it means that some fans will go above and beyond to get themselves a GT.