For those OTers that wanted a Ford GT...

Discussion in 'OT Driven' started by Ruiner, May 12, 2005.

  1. Ruiner

    Ruiner Evil Inside

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    ...you might just be able to afford it rather soon. :mamoru:

    http://www.fordgtprices.com/pages/1/index.htm

    It analyzes sales prices of Ford GT's. They're falling like a rock. Inventories are apparently climbing quickly and few actual retail sales have occurred.

    Most people on here have interest in other models and specifically the initial premium and consequent slide of prices on high demand sports cars. The site does a very good job of looking at data from previous high end cars (Z8, Viper, ZR-1 etc.).

    INTRODUCTION
    (a.k.a. "The hype and rumors you have heard are all wrong")


    Wide Availability

    * Today the Ford GT is NOT "hard to find."
    * Today there is NO "waiting list" to get a Ford GT.
    * Today industry estimates indicate there are over seven hundred Ford GTs in stock or en route to Ford dealerships around the country. (At current sales rates, that is a 10 month supply.)
    * On May 8th, there were 125 Ford GTs listed on Autotrader.com and 31 Ford GTs listed on eBay alone.
    * In April, 186 cars were produced, but only 70 were sold nationwide, so inventories will continue to build until asking prices drop further.

    Dropping Prices

    * Today the Ford GT is NOT selling for "$100,000 over MSRP or higher."
    * Many dealers mistakenly believe that because the GT sold for prices as high as $100,000 over MSRP immediately after its introduction, that is still the market price for the car.
    * But today's actual selling prices are now approximately $200,000 and falling-- many GTs on eBay are only achieving high bids of $25,000 over sticker, and that number continues to drop.
    * As the 2006 model year approaches, advertised prices for 2005 Ford GTs will drop below $200K very soon, and when that happens there will be rapid downward price pressure, due to the hundreds of dealers each trying to sell their in-stock GTs. (Very quickly there will be GTs advertised for $199,995, then $195,000, $189,000, $184,999, $179,995, etc.)
    * Over 1000 Ford GTs have been produced, but only 269 total were sold in nine months from August 2004 through April 2005
    * As inventories continue to build (in April 70 cars were sold, while there were 186 cars produced ), prices will continue to fall.

    What happens next?

    * If you examine the facts, and history of other cars, you will probably conclude, as we do, that Ford GTs will be selling for MSRP (or very close to it) later this year.
    *
    Dealers with GT's in stock would be best served by selling the car now, as the market price of the car will continue to fall toward MSRP.
    *
    This is not a failure of the Ford GT in the marketplace, it is just the reality that with the projected production numbers for the Ford GT, the prices will have to drop to reasonable levels to achieve the necessary sales volumes. In fact, this probably just means that Ford priced the car correctly.
     
  2. KiddX

    KiddX Tigth as Piston In Ferrari Engine!

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    z06 and a viper would be chosen wayyyyy before a Gt
     
  3. moses

    moses OMGWTFBBQ

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    what exactly makes the car expensive?
     
  4. dmora

    dmora Guest

    This was a given.
    Just like you can now buy a z06 for half the cost of new. Itd be interesting to pick up a Ford GT for 50k. :cool:
     
  5. Kelvin96GSR

    Kelvin96GSR OEM>YOU

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    :ugh:
     
  6. mystix

    mystix OT Supporter

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    ....its a ford...
     
  7. yeah cuz we can affords the 150k msrp :hsugh:
     
  8. Bernout

    Bernout OT Supporter

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    My dad said if he could get one under $100k, he take out a second mortgage on his home... :eek4:


    Let's hope they drop quick! :x:
     
  9. Atmosphere

    Atmosphere PURPLE DREAM

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    i want a Ford Mustant GT-R with rotaries and pistons. and turbo and headers. it does 9 seconds on the track and is stock.
     
  10. dmora

    dmora Guest

    ding
     
  11. KiddX

    KiddX Tigth as Piston In Ferrari Engine!

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    both outperform it for half and 1/4 of the price
     
  12. 01_Cruiser

    01_Cruiser An American Classic OT Supporter

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    i'll pick up a used one in 20 years :mamoru:
     
  13. :ugh:
     
  14. gLok

    gLok Offshore Member OT Supporter

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    The funniest part is that Ford doesnt realize that most of their loyalists are cheap asses.
     
  15. 01_Cruiser

    01_Cruiser An American Classic OT Supporter

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    they do realize it, its the dealers that are trying to sell it for more than MSRP
     
  16. ls1pimp

    ls1pimp OT Supporter

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    :rofl: Vipers are a 1/4 the price of a GT?

    Edit: Dont give that used vs. new shit.:squint:
     
  17. dmora

    dmora Guest

    ding!
    :rofl: :mustang:
     
  18. Lat

    Lat New Member

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    The dealership near me sells a red GT for 500k :ugh:
     
  19. VBGOD

    VBGOD Guest

    That's all bullshit. 100%
     
  20. gLok

    gLok Offshore Member OT Supporter

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    They dont wanna pay MSRP :hsd:
     
  21. Ruiner

    Ruiner Evil Inside

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    Oh come on, you KNOW this to be true. Just admit defeat. :)
     
  22. BitchAss

    BitchAss Let's drop bombs... OT Supporter

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    why would you buy a GT when you can buy a Ferrari F430??
     
  23. VBGOD

    VBGOD Guest

    Let me do a seach on ebay right now......

    That's right: Zero found. :)
     
  24. dmora

    dmora Guest

    look at the website link :mamoru:
     
  25. BLoG

    BLoG Scented Meat

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    HAhahahahahah ruiner is just butthurt that it rapes his car :mamoru:
     

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