Heroshot

2006 Ford GT

Base
Mecum Dallas 2022
Wednesday, 7 September - Saturday, 10 September
$467,500
Sale Price
No
Reserve
10 September 2022
Sold Date
S102
Lot Number
#2
Original
Mecum Auctions
Auction House
Chassis no. 1FAFP90S75Y400289. Centennial White with blue stripes over black leather. 330/550hp, 6-speed, BBS wheels, red calipers, McIntosh stereo.

Evaluation: A four option car with 2945 miles. That’s on the high side for a GT, but it’s not really any less clean than any other GTs we see at these sales.

Bottom Line: 2005-06 Ford GTs are a regular sight at collector car auctions. Indeed, Mecum almost never hosts a sale without at least one or two of them. And it seems like the only time these cars are ever driven is on and off transport trucks or across an auction block. Three-digit odometer readings are the norm, and two digits isn’t uncommon. You’re more likely to see a GT with 500 miles than 5000.

These are exhilarating, well-engineered cars, so why doesn’t anybody drive them? Presumably to keep their value, but this car has almost six times as many miles as the similar ’06 GT sold the day before (F88) and yet the price didn’t suffer at all. In fact it sold for more, $467,500 vs. $434,500. What’s the lesson here? Live a little. Go out and enjoy your cars.

by Andrew Newton
17 September 2022
A story about
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Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.