• This Month's Issue

    Level Flier: At $220k, This Fighter-Plane-Inspired '09 Spyker Lands Close to Its Original MSRP

    $575k 1969 Aston Martin DB6 Mk I

    Viva l'Italia! In the Driver's Seat at Villa d'Este, the Mille Miglia and Modena Cento Ore

    Fast-Rising Collectible: "The Fast and the Furious" '93 Supra Stunt Car Hurtles to $200k

    Slow-Rising Collectible: Karmann Ghias Gain Ground

    Read More
  • SCM Platinum

    Over 200 cars that sold at auction covered in every issue of SCM. Our market reports include detailed information about the vehicle, including VIN, condition, options, and expert analysis from SCM's auction reporters.

    SCM Platinum is the largest database of collector cars sold at auction. Over 150,000 vehicles, including over 59,000 with detailed write-ups from our auction reporters.

    Now optimized for your mobile devices!

    Read More
  • Glovebox Notes

    SCM doesn't just cover collector cars. Every week, SCM reviews a brand new car online and in our newsletters, and there are new reviews every month in the magazine. Thinking of buying a new car? Check out our reviews!

    Read More
  • Insider’s Guide to Concours d’Elegance

    The 2014 guide includes a calendar of events and detailed descriptions of 21 featured concours.

    Read More

Recent Blog Posts

  • Graham Hill Describes a Lap at Monaco in 1968 +

    Read More
  • Just the Amazon and Me +

    Last Saturday I did something I haven’t done in quite a while — I took a little road trip by myself. It’s been a typically hectic few months. I’ve attended car events in Italy, Colorado, California, Oregon and Washington, but I haven’t had any “alone time” with my cars. The Read More
  • From Pencil to Metal +

    Read More
  • A Weekend With The Gunnison Car Club +

    Once a year The Gunnison Car Club, under the able direction of Mike Callihan, takes over downtown Gunnison, Colorado, filling the streets with street rods, muscle cars, sports cars and pickups. This year the club selected me to receive The Lee Iacocca Award. Gunnison is 224 miles from the Denver International Airport Read More
  • Quick Takes from the Monterey Week +

    Driving up Highway 101 from Monterey to the San Francisco airport, it was clear that the ball was over. Instead of Monterey Car Week’s sea of candy-colored Ferraris, Lamborghinis and Porsches, a swarm of Kias, Toyotas and Chevrolets peppered the landscape. An occasional modern Fiat 500 served as the token Read More
  • 1
  • 2
  • 3
  • 4

Collector Car News

  • Meet Keith Martin at the Chantilly Concours +

    SCM Publisher Keith Martin returns to France this weekend for the Chantilly Arts & Elegance Richard Mille event, taking place September 6 in Chantilly. Martin serves as a concours judge for Citroën Special Bodyworks. (The SCM Collection does include a Méhari after all.) Other classes include:  • The Untouched Open Cars from the Read More
  • 1958 Ferrari 250 GT TdF Headlines RM Sotheby's London Sale +

    RM Sotheby's expects a 1958 Ferrari 250 GT Berlinetta Tour de France to fetch between $6.9m and $8.5m at their September 7 London sale. The car is an early single-louver example with covered headlights and period competition history. View the digital catalog here. Read More
  • 1965 Shelby Cobra "Dragonsnake" Offered at Worldwide Auburn +

    A 1965 Shelby Cobra "Dragonsnake" snarls to the auction block September 5 at Worldwide Auctioneers' 8th Annual The Auburn Auction. The auction takes place in Auburn, Indiana. View all the consignments here. View the digital catalog here. Read More
  • Auctions America Offers 1929 Duesenberg Model J at Auburn Fall +

    A 1929 Duesenberg Model J Convertible Coupe by Murphy (Auctions America estimate: $1.5m–$1.75m) crosses the auction block at Auctions America's Auburn Fall sale, September 2–6 in Auburn, Indiana. View all the cars here. View the digital catalog here. Read More
  • Monterey Recap: Preliminary Sales Total $392m +

    Monterey Car Week is over, and the last gavel has dropped, but auction companies continue to bring together buyers and sellers behind the scenes. Here are the preliminary numbers that have been confirmed so far: RM Sotheby's reported Monterey sales exceeding $172.7m — an increase of 20% over last year's Monterey Read More
  • 1
  • 2
  • 3
  • 4

While a first-year 2006 Corvette Z06 has lost a third of its value, this Ford GT has improved 25% over its original MSRP



2005 ford gt coupe


In 1962, Henry Ford II, keen to add some racing luster to his company, started negotiations to buy Ferrari. The deal never happened, so Ford decided to build his own race-bred car. That car was the incomparable icon GT40, created in England in 1964 and capable of over 200 mph. Victory followed four times in a row at Le Mans between 1966 and 1969, and the GT40 also became the first car to cover 3,000 miles in this famous race.

Fast-forward 40 years and the legend is reborn as the Ford GT. Similar in outward appearance to the original GT40, the Ford GT is a bigger, wider, and taller mid-engine supercar. A total of 4,038 production cars were built from 2005 to 2006. Powered by a 5.4-liter supercharged V8 with a 6-speed transmission, the top speed is limited to 205 mph, with a 0-60 mph time of under 3.5 seconds.
Initially there was some reluctance to accept the car, but that was quickly overcome by the Ford GT's looks, incredible performance, and drivability. Perhaps it could never replace the GT40, but it could and did become a marvelous car in its own right, revered by the public and critics alike, including Jeremy Clarkson, the controversial host of "Top Gear," who owned one.

This example of the supercharged Ford GT was built in 2005 and comes in the striking color combination of white with blue racing stripes. This vehicle, number 348 of 1,890 built that model year, is in as-new condition with a full dossier of paperwork including importation and service history, and has traveled just 5,000 miles.

{analysis}{auto}1418{/auto} This car sold for $187,128, including buyer's premium, at the Bonhams & Goodman auction in Sydney, Australia, on December 6, 2009.

First came the 1998 Volkswagen New Beetle. Then it was the nuevo 2001 Mini. And then the 2005 Ford GT, the latest in a stirring lineup of nostalgia machines from major automakers-and certainly the most exciting. Conceived during the go-go 2000s and unlike the VW or Mini, the Ford GT was a bold low-production, high-performance apogee designed to harness Ford's historic Le Mans racing heritage and stake out a place for FoMoCo at the top of the American sports car pecking order alongside the Viper, Corvette and Saleen.

Iconic shape still a traffic-stopper



Though dimensionally larger than the original racer, the modern Ford GT is commendably faithful to the original's iconic shape, then as now a traffic-stopper. The roof height was even kept down to just 44.3 inches-nearly five inches lower than a Corvette C6 and not all that far from the original GT40's celebrated 40-inch height. While magically styled and unsurpassed in its racing heritage, ironically the new Ford GT made little impact in contemporary racing, while modified street rivals including the Viper and Corvette excelled all the way up to the Le Mans level.

Like the exterior, the interior was well executed but hardly lavish-some would even call it cheap looking-though nicely ventilated deep bucket seats, a centrally mounted 220-mph speedometer, and a bank of racing-style toggle switches provided numerous talking points for owners while granting rides to friends.

Le Mans poseur or not, at the end of the day, Ford GT owners could also take delight in the fact that this car-while fundamentally an image-builder for Ford-was also a genuine performance demon. At 3,485 pounds, it was admittedly 277 pounds (9%) heavier than a standard Corvette C6, but its outstanding 550 hp and 500 ft-lb of torque evened the terms, and the Ford GT was able to surpass even the Corvette Z06's track performance. (That would ultimately change as the supercharged ZR1 came into the Chevy fold with 638 hp and a curb weight of only 3,324 pounds.)

GT prices vs. Z06 prices



The 2005 Ford GT's original MSRP was $149,995 (plus $5,350 for racing stripes, taking a page out of Porsche and Ferrari's outlandishly priced options book). Collectors predictably snapped up the short run of 4,038 cars, no doubt thinking of future payoffs as collector car values in general spiraled into the ethersphere. The Ford GT production run was ended by the debut of new collision safety standards, which it did not meet.

Prices didn't zoom to a million clams, but now, five years later, Ford GTs are doing a lot better than Corvette Z06s. While a first-year 2006 Z06 has lost a third of its value since new, as this Australian auction shows, the Ford GT has actually gained ground, with this example improving 25% over its original MSRP. In turbulent times that's a comfort, and with some signs of economic recovery now appearing, perhaps the Ford GT has truly weathered the storm.

Regardless of whether you're a bit above or below water in a Ford GT, it's still a compelling car. The design is unmistakable and every bit as fetching as the original, even though, like an aging supermodel, the Ford GT is destined to rest on its laurels from the 1960s forever. Which is hardly a bad thing, when they're such good ones. While the new Ford GT will never be a true classic, it will always be a well-done interpretation of Ford's greatest race car, from Ford's greatest era in racing.

As a thoughtful tribute to the original, let's call this one intelligently, if a bit optimistically, bought.{/analysis}

Recent Profiles

load more / hold SHIFT key to load all load all