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s I’ve gotten older, I decided I

did not want to manage five col-

lector cars. I also think in the

next ten years or so, demand for most

of our treasured Shelby Mustangs will

decline as the younger generation does

not have the same passion for our cars.

So why not consolidate a couple of cars

into a 2005-06 Ford GT? It is a FORD

manufactured supercar with a pas-

sionate following, without the mainte-

nance of a 1960’s high performance

Shelby Mustang, and the engine is

easily accessible – unlike a big-block


So my quest for a Ford GT was on.

First, I needed to sell a couple of cars

to raise some funds and downsize. The

decision to sell my 1968 427-powered

GT500 was not an easy one. I’d owned

it since 1984, put a lot of sweat and

blood into making it the perfect car I

always wanted, and it received atten-

tion in a number of magazines includ-

ing the SAAC annual and on the front

cover of the 1968-1969-1970 SAAC

Registry. I did not want to sell my

1965 GT 350, so the ‘68 had to go. This

is the white car on the front cover of

the SAAC registry. I listed it on the

SAAC forum at $125K and there was

no interest. A couple of weeks later I

listed it on eBay for the same price

and sold it in one day at my $125K

asking price. I just had to deliver it

from central Texas to Phoenix, which

my dependable 7.3 Superduty diesel

handled without a hitch. It is now a

cornerstone car of a major car and mo-

torcycle collection.

My specifications for a Ford GT

were very specific. It had to be a white,

four-option, red caliper car. Four op-

tions mean it has the optional forged

wheels, LeMans stripes, a McIntosh

stereo and painted brake calipers.

Luckily, 4038 Ford GTs were made,

and approximately 18% of production

(728 cars) were white cars. Most cars

(86% or 3492 cars) had stripes, 85%

(3413 cars) had the optional McIntosh

stereo, and 53% (2121 cars) of produc-

tion had red calipers. So there were

many more cars with my specs to

choose from than rear battery 1965

Shelbys. I didn’t think it would be

much of a search.

Prices on Ford GTs seem to be dic-

tated primarily by four factors:

mileage, options, color, and whether

they have ever been damaged. Rarer

colors demanded higher prices, and

damaged cars seem to be a $50K-

$100K discount. 2006 Heritage cars

seem to be at least a $50K premium to

other colors.

The first thing I did was place a

wanted ad on the Ford GT forum. I

had three replies. The first reply came

from a car located in Canada. It was in

the hands of the original owner and it

was a Canadian market built car. Did

you know that they are different, and

the market values them differently?

The rear bumper has a spacer in it for


Fall 2016 49

– Rick Thompson