zzdcar
Home
/
Reviews
/
Buying
/
2017 Ford GT Auctions For $1.5 Million After Sitting Around For Two Years
2017 Ford GT Auctions For $1.5 Million After Sitting Around For Two Years-January 2024
2024-02-19 EST 22:09:40

Image for article titled 2017 Ford GT Auctions For $1.5 Million After Sitting Around For Two Years

The era of hassle-free resales is coming, as the two-year prohibition on reselling the car is finally expiring on early models. But in addition to all of the V6 supercars preparing to come onto the secondhand market, we’re also about to see just how many people bought these things for no reason other than to let them sit around and make a profit when the clock expired two years later.

One of the first is this , honoring the automaker’s in a black body color and white decals. It appeared at the Las Vegas Barrett-Jackson event this month with an exposed carbon-fiber package, blue seat belts, and leather on the seats, auctioning for more than $1.5 million.

That’s compared to the of the car, with its and seven-speed dual-clutch automatic transmission.

Image for article titled 2017 Ford GT Auctions For $1.5 Million After Sitting Around For Two Years

Its buyer will take it home practically new since, in the two years of the car’s existence, it’s traveled less than 30 miles. If we’re assuming here, the most obvious idea is that the original buyer, Ford’s stringent owner and aside, took delivery and then let it sit until it could be sold. Any number of other things could’ve happened, but it’s rather normal to see wealthy folks buy cars and sell them many years later with .

The catch with the current-generation Ford GT—why cars like this are just now selling with few miles, when they’re from 2017—is that when Ford and allowed them to spend hundreds of thousands of dollars on a vehicle it sold, the company made them agree to not resell the GTs for at least two years in order to prevent flippers and #brand #depreciation, or something. John Cena was to get in trouble for an early resale in regards to the stipulation, but he wasn’t the only one.

Image for article titled 2017 Ford GT Auctions For $1.5 Million After Sitting Around For Two Years

But now that two-year stipulations on the early end of this current-generation production run are expiring, we’ll probably start to see a whole lot more of this.

The era of the Ford GT resales is here, and it won’t be over anytime soon.

[h/t to ]

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
For $2,950, Is This 1985 Volvo 760 Diesel Your Dream Stripper?
For $2,950, Is This 1985 Volvo 760 Diesel Your Dream Stripper?
We're starting off this week with a Volvo diesel wagon that's a stripper, but the kind you might take home to mom. The seller says that she can really dance, but you'll need to decide whether its price demands shouts of take it off! I did the Oculus Rift thing...
Jan 12, 2025
For $9,000, Is This 1987 Thunderbird Turbo Coupe Your Deal Of The Day?
For $9,000, Is This 1987 Thunderbird Turbo Coupe Your Deal Of The Day?
Yesterday being Thanksgiving and today Black Friday here in the U.S., I thought it fitting for our candidate to be a black Bird. This Turbo Coupe is just such a fowl, but is its price foul as well? Hey, 'member all the way back on Wednesday, you know before the...
Jan 12, 2025
For $990,000, This 1989 Zil 41052 Is Your Comrade In Armor
For $990,000, This 1989 Zil 41052 Is Your Comrade In Armor
The most likely cause of the recent Anteres rocket catastrophe was the failure of its ancient Russian engines. Today's Zil also has an old Russian engine. It's armored however, so you'll be safe, but is its price still a disaster? Man, no love for yesterday's even though it was once...
Jan 12, 2025
For $6,000, Is This The Best Damn 1978 Chevy LUV In Town?
For $6,000, Is This The Best Damn 1978 Chevy LUV In Town?
Henry 'Smokey' Yunick is one of racing's most venerated mechanics, as well the sport's best known bender of the rules. Today's LUV is said to have been Smokey's personal ride, but does this survivor Chevy have a price that would make you tell the seller to go get bent? How...
Jan 12, 2025
For $8,900, This 1944 Jeep Replica Is… Well, I Don’t Know What
For $8,900, This 1944 Jeep Replica Is… Well, I Don’t Know What
Tomorrow is Thanksgiving here in the States - shut-up Canada, we know you had yours first - and today's candidate is like an unexpected relative showing up for the family meal. You're going to need to decide if this weird Jeep has arrived with a price that's anything near worth...
Jan 12, 2025
2014 Chevrolet Camaro Z/28: The Jalopnik Review
2014 Chevrolet Camaro Z/28: The Jalopnik Review
It has the suspension from a Formula One car, the optional tires from the McLaren P1, and supercar-level next generation carbon ceramic brakes. But this isn't a million dollar supercar. This is a $75,000 Chevrolet. And it is one of the most amazing, odds-defying cars of the year. (: After...
Jan 12, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved