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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