Market | February 4, 2022

2005 – 2006 Ford GT January 2022 Auction Price Analysis

Written by Richard Truesdell, Photography by Richard Truesdell

In January 2022, More than a dozen of Ford’s “Every day” supercar was available for sale. Here’s how the final sales sorted out, a spread from $364,000 to almost $800,000. As some of you know, the 2005-2006 Ford GT and me have a history together. In July 2005, I had the once-in-a-lifetime opportunity to drive one (and a Dodge Viper roadster) from London to Maranello and back in a week, a trip that covered just over 2,500 miles. Needless to say, it was the pinnacle of my career as an automotive journalist. (This will be the subject of a future column here on ShiftGate.)

Back in August 2004, when the car was introduced, it carried an MSRP of (just) $139.995 with just four options offered, one being the premium MacIntosh audio system. Most of the cars built included all four of the available options. For 2006, the Heritage Edition was offered in the iconic blue/orange Gulf colors. Production ended on May 31, 2007, at Ford’s plant in Wixom, Michigan.

Ever since then, when one of the 4,038 cars built comes up for sale I tend to take notice. Starting at the beginning of 2022, more than a dozen 2005-2006 Ford GTs have come up for sale, starting on some online auction sites, then at Mecum’s Kissimmee event starting in early January 2022, and over the final week in January 2022 at the Arizona auctions. And the sales prices were to me, simply staggering.

Here’s a review of most of the sales occurring since the start of 2022 by year, mileage, price, date of sale, and sales venue. (It should be noted that often, these cars change ownership below the radar, with the details not being publicly noted.)

  • 2005 Ford GT
  • 3,500 miles
  • $462,000
  • 1/7/2022
  • Bring-A-Trailer

Tungsten Silver, previously owned by designer Chip Foose, a gift from his wife. (photo/Bring-A-Trailer)

  • 2005 Ford GT
  • 1,900 miles
  • $478,000
  • 1/7/2022
  • Bring-A-Trailer

Has remained in the seller’s possession since new, a Ford dealer in Virginia. (photo/Bring-A-Trailer)

  • 2006 Ford GT
  • 1,900 miles
  • $641,000
  • 1/7/2022
  • Bring-A-Trailer

One of 343 Heritage Editions built, has remained in the same dealer family since new. (photo/Bring-A-Trailer)

  • 2005 Ford GT
  • 4,300 miles
  • $364,000
  • 1/25/2022
  • Bring-A-Trailer

The online community following this sale feels that the car was “very well bought.” (photo/Bring-A-Trailer)

  • 2005 Ford GT
  • 1,365 miles
  • $401,500
  • 1/15/2022
  • Mecum

The first of six cars offered by Mecum at Kissimmee, Florida event. (photo/Mecum)

  • 2005 Ford GT
  • 3,595 miles
  • $539,000
  • 1/15/2022
  • Mecum

The second of six cars offered by Mecum at Kissimmee, Florida event. (photo/Mecum)

  • 2006 Ford GT Heritage Edition
  • 250 miles
  • $715,000
  • 1/15/2022
  • Mecum

The third of six cars offered by Mecum at Kissimmee, Florida event, highest hammer price. (photo/Mecum)

  • 2005 Ford GT
  • 139 miles
  • $495,000
  • 1/15/2022
  • Mecum

The fourth of six cars offered by Mecum at Kissimmee, Florida event, lowest mileage. (photo/Mecum)

  • 2006 Ford GT
  • 2,155 miles
  • $550,000
  • 1/15/2022
  • Mecum

The fifth of six cars offered by Mecum at Kissimmee, Florida event. (photo/Mecum)

  • 2006 Ford GT
  • 755 miles
  • $495,000
  • 1/15/2022
  • Mecum

The sixth of six cars offered by Mecum at Kissimmee, Florida event. (photo/Mecum)

  • 2006 Ford GT
  • $423,500
  • 1,900 miles
  • 1/27/2022
  • Gooding

Rare stripe-delete edition, one-owner Ford GT, sold above pre-auction high estimate. (photo/Gooding & Co.)

  • 2006 Ford GT Heritage Edition
  • Miles not listed
  • $795,500
  • 1/29/2022
  • Barrett-Jackson

Heritage Edition, currently the highest-priced Ford GT sold at public auction in 2022. (photo/Barrett-Jackson)

  • 2006 Ford GT
  • 605 miles
  • $495,500
  • 1/29/2022
  • Barrett-Jackson

(photo/Barrett-Jackson)

 

  • 2006 Ford GT
  • Miles not given
  • $495,500
  • 1/29/2022
  • Barrett-Jackson

If any 2005-2006 Ford GT could be described as “ordinary,” this car would fit that description. (photo/Barrett-Jackson)

  • 2006 Ford GT
  • 1,767 miles
  • $550,000
  • 1/29/2022
  • Barrett-Jackson

The seller claims a $12,000 service was completed in March 2018. (photo/Barrett-Jackson)

As is now obvious, the prices for the 2005-2006 Ford GTs have nowhere to go but up, especially for super low-mileage examples, which seems to dominate the offerings. Personally, having never actually owned an example of Ford’s All-American, “Everyday” supercar, but having driven the Ford UK press car more miles than many of their long-time owners, and probably more than any journalist in the 2005 to 2006 period. In retrospect, all I can say is what a lost opportunity it was for those owners to have not driven their cars more. Would an extra 1,000 to 2,000 miles more on the clock impact what they ultimately sold their cars for in 2022?

With current-generation Ford GTs now changing hands for seven figures, as a million-dollar 2005-2006 on the immediate horizon? Might it be a 2006 Heritage edition with just delivery mileage, under 25 miles, that will shatter that barrier?

Here at ShiftGate, we await the first 2005-2006 Ford GT to list with us.

Post Script
Here’s a bonus for the readers of my ShiftGate blog.

I call this the Ford GT “Fembot” photo. It was taken during the first evening of the 2002 Detroit Auto Show. I was photographing all the cars that had been unveiled on the show’s opening press day Sunday. When I came up upon the Ford GT, J Mays, then Ford’s Vice President of Design, and Chief Designer Camilo Pardo were standing next to the car with a group of models wearing in-period costumes from the 1960s. I asked J Mays, Camilo Pardo, and the girls to pose for a quick shot. They agreed and here’s the shot that resulted, the only one I took. It’s been bootlegged several times on the web over the years and in two books that I am aware.

Looking back, it’s hard for me to believe that this photo is now 20 years old. How time flies!

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