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Old 02-04-2006, 12:09 AM   #1
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Ford GT is done.

http://money.cnn.com/2006/02/03/Autos/gt_over/

Ford GT, American exotic, ends its run
Ford's $150,0000 supercar will go out of production this year after just two model years.
February 3, 2006: 12:26 PM EST

NEW YORK (CNNMoney.com) - The Ford Motor Company will end production of the $150,000 Ford GT high-performance sports car this year after two model years.

The car was intended for a short run, according to Ford. The end of production this year is timed to coincide with the 40th anniversary of the famous first, second and third place finish of the original Ford GT40 cars, on which the car is closely modeled, in the 1966 LeMans race.

Production of a small number Ford GT's began in 2003, to coincide with Ford Motor Co.'s 100th annviersary. Full-scale production didn't begin until 2004.

While far from a big seller, the GT has been profitable for Ford, spokesman John Harmon said. The company sold about 1,300 GTs last year.

It's greatest value for Ford, however, has been as a "halo vehicle" advertising Ford's performance engineering capabilities, he said. The GT has been featured on the covers of at least 40 magazines worldwide, he said.

"It's a car you do occasionally," Harmon said, "not a car that needs to be in our line-up continuously."

The role of Ford's "performance flagship" will be taken over by the Shelby GT500, a high-performance version of the Ford Mustang. It is scheduled to enter production this summer. That car is expected to cost about $40,000, far less than the Ford GT.
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Old 02-04-2006, 12:32 AM   #2
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Re: Ford GT is done.

Yeah, saw that one coming.
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Old 02-04-2006, 05:24 AM   #3
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Re: Ford GT is done.

Ah well, now is the time to buy one. Buy one now, keep it nice and beautiful, sell it when you wanna retire
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Old 02-04-2006, 11:13 AM   #4
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Re: Ford GT is done.

You know, if the dealers weren't asking $100k+ over MSRP, they may have sold a lot more of them. One of our local dealerships turned down an offer of $250k for one...
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Old 02-04-2006, 07:56 PM   #5
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Re: Ford GT is done.

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Originally Posted by bbunt302
You know, if the dealers weren't asking $100k+ over MSRP, they may have sold a lot more of them. One of our local dealerships turned down an offer of $250k for one...
why? people will buy them for 300k, so why sell it lower?

it wasnt designed to sell alot, they were limited production models that were only supposed to be for a few lucky rich bastards. every single GT will sell at whatever price no matter what.
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Old 02-04-2006, 08:41 PM   #6
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Re: Ford GT is done.

Not around here they won't. It's been there for over three months now. Maybe they could sell it on Ebay for that much, but around here I'm surprised anyone even made that offer on it.

It just seems to me tha $100,000 of pure profit would be hard to turn down, especially when their chances of getting more than that are not very high...

I wish them the best of luck in their search for $150k profit instead.
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Old 02-04-2006, 10:18 PM   #7
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Re: Ford GT is done.

i raced the only ford GT down here a couple weeks ago..................i lost badly
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Old 02-04-2006, 10:51 PM   #8
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Re: Ford GT is done.

What!? Alan Jackson bought one! That has to mean that they'll never discontinue it!!! Oh well, maybe if Chuck Norris had bought one...Although that didn't help the SRT-4...
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Old 02-05-2006, 05:41 AM   #9
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Re: Ford GT is done.

Quote:
Originally Posted by bbunt302
Not around here they won't. It's been there for over three months now. Maybe they could sell it on Ebay for that much, but around here I'm surprised anyone even made that offer on it.

It just seems to me tha $100,000 of pure profit would be hard to turn down, especially when their chances of getting more than that are not very high...

I wish them the best of luck in their search for $150k profit instead.
you heard about the GT that was stolen out of the dealership and ran into a curb 3 miles down the road right? that one was bought at 215k by 50cent. that was the GT from another smaller town(manteca, ca). the one here in modesto(a larger city) went for 275k, though a small portion went to charity( i think 10%, which is still 27.5k to charity, dropping the price to 247.5k)
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