Can Ford Control Ford GT Ownership Through Applications? Lexus Did
If Ford wants to control sales of its extremely small production of Ford GT and vet its owners, it only needs to look at the Lexus playbook from 2010 to see how.
On Thursday, Ford’s Group Vice President for Global Product Development and Chief Technical Officer Raj Nair told a group of last-gen Ford GT owners that it would ask potential owners to submit an application through the automaker to pay hundreds of thousands of dollars for the supercar. Official pricing for the car hasn’t been announced, nor has the criteria for ownership been made public.
Ford said it would only make available 250 cars each year worldwide. There are more than 3,200 dealerships in America alone and more than 7,500 worldwide.
If all this sounds familiar (as in, 500 Lexus LF-A cars at $400,000 for thousands of Toyota dealers) you might be right.
In 2010, Autoblog detailed the extraordinary process that potential LF-A buyers had to go through to qualify to buy the car.
Included was a “lease” option with $60,000 in deposits required before getting the car, $297,000 due upon receipt of the car, and a $93,000 option to buy the car after the 24-month lease expired. The “lease” amount was $12,398.44 per month.
Ford hasn’t announced how much it will sell the Ford GT for, or how it would collect that money, but it appears that every part of the buying process for the supercar will be unique to the Ford GT alone.
In 2005, when the last generation of Ford GTs were sold in America, the first cars were going nearly $100,000 over the MSRP price, as chronicled by the defunct FordGTPrices.com. As production ramped up on that car in 2006, prices eventually normalized to MSRP, but as the former site’s administrator Paul Allen told us, the 4,000+ volume of the last generation car and the 250-per-year production of this car makes it a whole different animal.
In its bulletin to dealers, Ford said it would make available to dealership owners a separate number of cars — available by application as well — for them to buy. Those cars would still come from the 250 produced each year, but a Ford spokesman declined to say how many would be allocated to dealer owners.
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And here is the official application: Question 1. Can you afford it? End of application.
Meh. Without a V8, it's just a bleh car.