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.
13 years ago, Ford introduced a stunning V8-powered supercar. It was not affordable.
At roughly $150,000 — or $188,000 in 2017 dollars — the 2005 Ford GT was out of my reach. More than likely, the 2005 Ford GT wasn’t on your shopping list, either.
But because its price placed the reborn Ford GT in the realm of attainability, nearly 3,600 GTs found homes between the end of 2004 and early 2007. Sure, a lot of them spend much of their time parked in garages. Many scarcely move. And it’s not as though a Ford GT is daily commuter in mid-winter Des Moines.
But because of that Blue Oval badge and value-oriented pricing — hey, the GT cost a lot less than a Ferrari F430 — the Ford GT was common enough and American enough and crazy enough to be The People’s Supercar.
The new Ford GT, on the other hand, is a $450,000 beast with a pair of missing cylinders, disappointing noises, and such exclusivity that spotting one in the wild will be virtually impossible outside supercar havens in SoCal and South Beach.
Forgive me, but I prefer the old Ford GT.