Why Is Nobody Bidding on This First-Gen Ford GT?

Matt Posky
by Matt Posky
why is nobody bidding on this first gen ford gt

Around Ford’s hundredth anniversary, heritage was all the rage. The company had already reintroduced the throwback Thunderbird and the Mustang was returning for the 2005 model year looking as close to the late-1960s units as possible. However, the corner piece of the company’s birthday cake was assuredly the GT40-inspired supercar the Blue Oval had in development.

Getting a little help from Carroll Shelby himself, Ford created the much-hyped car and offered it for sale in 2004 — with the left headlight reading “100” to celebrate the company’s centennial anniversary. Originally priced at $150,000, the first-generation Ford GT can easily go for twice as much on the secondhand market, with superior examples exceeding $500,000 at auction. With prices like that, you probably thought you’d never have an opportunity to own this particular piece of automotive history.

You would also be wrong, because there is a 2005 Ford GT for sale right now that nobody’s bidding on, and it carries an incredibly low reserve.

Spotted by CarBuzz, this lot has been inexplicably ignored by shoppers browsing Copart. Unfortunately, the website specializes in injured vehicles, and this GT is no different. According to its digital health chart, the car has suffered some burn damage that you’ll have to take care of and is missing its keys. Fortunately, the sheet says the transmission is present and accounted for — some of which is visible near the bottom of the pile.

We wish the website had provided additional details, as we don’t know what condition the tires are in or the overall shape of the engine. While Copart provided numerous vanity photographs of the GT’s gorgeous exterior, it would have been nice if they popped the hood and let us take a gander inside. We know it’s anal, but those are the kinds of things you want to check on before purchasing a used car.

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  • Carve Carve on Jun 08, 2018

    Well, it needs some work, but I've always wanted a GT. I could try to flip it on bringadustpan.com. Did the engine block burn?

  • Lon888 Lon888 on Jun 08, 2018

    What are you going to salvage out of it - one brake rotor? You Americans give me so much humor...

    • Sgeffe Sgeffe on Jun 08, 2018

      We sometimes do make ashes of ourselves!

  • KOKing I car-sat an A32 while its owner was out of the country, and the then whiz-bang VQ motor was great, but the rest of it wasn't any better than a XV10 or XV20. Definitely the start of its downward slide, unfortunately.
  • Norman Stansfield Why are leaf springs still a thing on this truck?
  • Syke The expected opening comments. Have had mine for two years now, the car has done exactly what I want out of it, and a little better. I'm quite happy with the car, haven't had to adjust my driving style or needs in the slightest, and . . . . oh, did a mention that I don't give a damn what today's price at the pump is?Probably going to go for a second one in the coming year, the wife's happy enough with mine that she's ready and willing to trade in the Nissan Kicks. Eventually, the not often used van will end up getting traded on a Chrysler Pacifica Hybrid, basically ensuring that we don't use gas for anything except the occasional long trip.And the motorcycles.
  • Bobbysirhan I've never found the Allegro appealing before, but a few years of EV rollouts make it seem downright desirable.
  • Scoutdude I know that dealership. Way back when my friend's grandfather was that Turner that owned the Chrysler Plymouth International dealer, in MacPherson. Of course the International was dropped when they didn't deem the Scout reason enough to keep the franchise. I moved from there in late 1978 so it is possible I saw this running around town way back when.
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