Ford Prohibited GT Flipping for Two Years, Yet This Individual Still Earned a Fortune | Carscoops

      Not long ago, low-mileage Ford GTs were priced at over $1 million.

      The second-generation Ford GT, limited to only 1,350 units, continues to be a highly sought-after collectible.

      As a result of its restricted production, the GT now sells for between $800K and $900K in the used market.

      This nearly new 3-year-old model, sold on BaT, had only 26 miles recorded on the odometer.

      The new Chevrolet Corvette ZR1 is emerging as one of the most remarkable supercars the US has ever produced, but let's take a step back. A decade ago, the second-generation Ford GT was the car on everyone's wishlist. With an approximate price of $500,000 and a 3.5-liter twin-turbo V6 engine generating up to 666 hp, the GT remains a coveted item for collectors, and its resale value continues to skyrocket well above its initial price.

      When the first GTs began appearing on the used market a few years back, many easily changed hands for over $1 million, around double the original price. Moving ahead to mid-2025, while the market has cooled slightly, many of these cars are still selling for between $800,000 and $900,000, which is about five times the cost of the new Corvette ZR1.

      One specific 2022 Ford GT sold recently for $845,000 on Bring a Trailer, a substantial $293,400 more than its original price of $551,000 before delivery charges. While it's a significant amount, before dismissing it as unreasonable, it's worth noting that the Ford GT was produced in very limited quantities – precisely 1,350 units. It also boasts a more exotic design than the Corvette, featuring a custom carbon fiber monocoque.

      In terms of GTs, this one is relatively simple. It is painted in Frozen White with Lightning Blue stripes (a $12,500 option) and is fitted with Satin Silver 20-inch forged aluminum wheels. Inside the cabin, black Alcantara adorns the carbon fiber Sparco seats. The odometer reads just 26 miles (42 km), making it practically a brand-new vehicle that's only 3 years old. While it's unfortunate that it hasn’t seen much use, this has undoubtedly contributed to its value since delivery.

      Acquiring a new Ford GT was notoriously challenging, with prospective buyers needing to apply for the chance to spend half a million dollars on one. To further regulate the market, Ford imposed a two-year resale restriction, preventing owners from reselling for profit. Buyers were required to sign contracts agreeing not to sell during that timeframe, ensuring the cars remained for personal use and display.

      Currently, the resale restriction is no longer in effect, and Ford GTs frequently appear on the used market, but don’t expect to find one at its original price.