Read update
- The Ford GT manufacturing has ended and inside that point extra info has been made obtainable regarding the shopping for course of and possession of this automobile. We’ve determined to replace this text to comprise the newest info made obtainable concerning the attention-grabbing possession of the Ford GT.
Summary
- Ford applied an utility course of to filter potential patrons for the high-demand Ford GT.
- Ownership is prioritized for patrons with a Ford historical past who will drive the automobile.
- Buyers confronted strict situations, together with a non-negotiable worth, residency limitations, and a singular service heart requirement.
The Ford GT is an American Supercar with a whole lot of historical past behind it. It began off with the GT40 race vehicles that broke Ferrari’s successful streak. Ford did this 4 years in a row earlier than the manufacturing facility groups pulled out of Le Mans after reaching their intention. They would re-introduce a re-incarnation of the GT40 in 2003 with an idea and later production versions in 2005 and 2006.
Ford unveiled the brand new Ford GT in 2015 with the Forza motorsport video game and created an enormous buzz across the automobile. They additionally returned to Le Mans in 2016 with the Ford LM-GTE which claimed victory 50 years after the unique GT40. These occasions created a whole lot of hype across the second-gen Ford GT and demand for the automobile was excessive. So Ford determined to create a algorithm and necessities every buyer needed to comply with earlier than they may personal a Ford GT.
UPDATE: 2024/05/10
The Ford GT manufacturing has ended and inside that point extra info has been made obtainable regarding the shopping for course of and possession of this automobile. We’ve determined to replace this text to comprise the newest info made obtainable concerning the attention-grabbing possession of the Ford GT.
In order to provide the newest and correct info doable, the information used to compile this text was sourced from Ford and different authoritative sources, together with Multimatic, Road And Track, Car And Driver, MotorTrend, and Ford Authority.
A Lengthy Application Process
Ford initially deliberate manufacturing of simply 1,000 items of the Ford GT, however the demand was so excessive that Ford determined to create an utility course of. This course of was to assist filter prospects and assist Ford decide who was greatest match to purchase their new supercar. They would are available in batches of 500 every for the primary two years, which might cowl 2017 and 2018. Next got here one other spherical of functions for the following two years. This approach, Ford gave precedence to VIP and deserving Ford house owners earlier than everybody else.
But the demand was far more than anticipated with over 6,500 functions for the Ford GT. So they determined to make one other run of 350 vehicles, bringing it to a complete of 1,350 Ford GTs. The manufacturing which was supposed to finish in 2020 was additional prolonged to 2022 to assist meet the demand and ship all automobiles.
If you are ultimately chosen as an proprietor, Ford created a bespoke concierge service that’s separate from the dealership community. This is the place you get to construct your Ford GT with pre-approved Ford choices like seat supplies, normal or bespoke paint, wheels, and even heritage liveries.
Ford Wants You To Drive The Car
The primary standards Ford was searching for when choosing Ford GT house owners had been drivers. Ford needed house owners of the brand new GT to drive the cars and not just store them as collector items that may by no means get pushed. They created this superior piece of engineering and automotive artwork and needed it to be seen. So should you had been somebody who had a historical past of simply shopping for vehicles as an funding and by no means driving them, you probably did not get an allocation.
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A Ford Enthusiast
This is a typical requirement for many boutique producers on this area. Having a historical past with the model will work in your favor particularly should you at the moment or beforehand personal a Ford automobile. This was a part of the questions Ford asked customers during the application process. Owning a earlier Gen Ford GT places you excessive up on this checklist and should you drove it, you probably had been already in consideration for a brand new one. One buyer shared his utility course of and the way he received the GT.
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Andy Frisella is a health knowledgeable and proprietor of 1st Phorm. While others made a video speaking and explaining why they deserved an allocation, he did the other. Andy made cellphone footage doing burnouts and donuts in his 05 GT with just a few catchy captions. He received the slot and when it was time for the concierge service, just a few Ford executives had been current, they usually needed to fulfill him as a result of his video stood out from the remaining. They by no means anticipated such a factor, and it was engraved into different minds. It additionally helped that he owned two GTs on the time.
You Must Have A Social Presence
Ford needed publicity for the GT so having a social media presence was extremely thought-about. If you had been going to make use of the automotive, then it might be throughout your social web page. This issue helped Youtubers Shmee150, Brooks from Dragtimes, and Jordan Maron aka Captain Sparklez get allotted for the GT.
Brooks has drag raced his automotive, Jordan drove his so much at first and Shmee nonetheless paperwork his adventures together with his GT just like the USA Tour he did with it. So being fairly well-known and having some affect within the trade helps so much. Here are a number of the notable individuals who received a Ford GT:
- Jay Leno- Ex-comedian/Car fanatic
- John Cena- Pro Wrestler/Actor
- Deadmau5- Music producer/DJ
- John Hennessey- Hennessey Performance
- Manny Khoshbin- Real Estat Mogul/Youtuber
- Jack Roush- CEO Roush efficiency
- Zak Brown – CEO McLaren Racing
- Scott Eastwood – Actor
- Tim Allen – Actor
- Alan Hartman- Studio supervisor at Turn 10 (the corporate in control of Forza Motorsport)
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You Can Only Sell It After Two Years
When demand outweighs provide, you get inflation in worth and that is precisely what occurred to the GT. 6,500 might have utilized however curiosity within the GT was approach past that quantity, so folks had been keen to pay a premium simply to have this automotive. Some vehicles may be 10 to 30 p.c above sticker, however the GT was double the MSRP.
The GT was supposed to begin at $400,000 however as quickly as deliveries began, they were worth over $1 million since you simply could not get one. Ford made every proprietor signal an settlement to this impact and anybody who violated this settlement would have Ford to deal with and would immediately get blacklisted from shopping for particular Ford merchandise.
However, this didn’t cease well-known pro-wrestler and actor John Cena from promoting his automotive only some months after he purchased it. Cena offered the automotive for nearly $1.6 million, which is greater than triple the MSRP of the automobile. Ford wasn’t pleased with this transfer because it additionally gained a whole lot of consideration. Ford sued John Cena for selling his GT, however they got here to a settlement that concerned some money alternate and a donation to a charity of Ford’s selecting.
The Price Is Non-Negotiable
If you had been fortunate sufficient to get an allocation for the Ford GT, you need to have been ecstatic, however this is able to trigger a dent in your checking account. The Ford GT had an MSRP of $500,000 and went as much as as a lot as $1.7 million for the special track series that adopted in a while.
Once these choices had been chosen, you could not negotiate the worth, and also you could not commerce in any automobile for this automotive. These vehicles weren’t constructed on the conventional Ford Assembly, they had been constructed by Multimatic Engineering in Canada in a devoted manufacturing facility. So no trade-ins had been allowed to assist with the constructing of every automobile. So should you needed one, you needed to pay to play.
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Where You Live Matters
Imagine being disqualified from shopping for a automobile merely due to the place you reside. Well, that is what occurred to patrons of the Ford GT. Only sure pre-selected areas by Ford had been allowed to buy the GT. This was primarily based on the seller community obtainable in such areas and should you weren’t in any of these areas, you had been mechanically disqualified. GT allocations had been solely given to particular international locations in Europe, North America, Asia, and the Middle East, with solely a sure variety of allocations given to every area. These international locations included:
- North America: Canada and USA.
- Europe: Austria, Belgium, France, Germany, Ireland, Italy, Netherlands, Spain, Sweden, Switzerland, Turkey, and the U.Okay.
- Asia: China, Macau, and the Philippines.
- Middle East: Saudi Arabia and UAE.
A Driver’s License
While it’s given that everybody will need to have a driver’s license, that is a part of the requirement from Ford to safe an allocation. It is likely one of the paperwork Ford will ask for, and it should be offered to assist vet who the customer is and guarantee they’ve a legitimate license. They need eligible drivers to personal these vehicles, to allow them to exit and drive them as an alternative of letting them sit in a storage or some storage unit. It additionally helps with any scams or fraudulent instances, since Ford has data on every proprietor and the automotive they purchased.
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Only One Approved Service Center
Regular upkeep like your annual service, oil adjustments, brake pads, tires, and different consumables might be dealt with by any accredited Ford dealership. But with regards to main repairs, like extreme transport injury, collision restore, main powertrain points, and any restore that entails taking the automotive aside.
When a significant problem happens, the automotive must be despatched over to Multimatic in Canada the place the automotive can be fastened to the best normal. After all, the GT is built with a lot of racecar technology that requires one of the best consultants to take care of it. Doing this helps ensure that the vehicles are all the time in one of the best situation, and it helps retain future worth. Even the twin-turbo V-6 engine which is from Ford nonetheless has to go to Multimatic if there may be any main engine problem.
Engine Specifications
Engine |
Twin Turbo V-6 |
---|---|
Displacement |
3.5 liters |
Power |
647-800+ horsepower |
Torque |
550+ pound-feet |
Drivetrain |
Rear-Wheel Drive |
Transmission |
Seven-speed dual-clutch |
0-60 MPH |
3.0 seconds |
Top Speed |
216 MPH (Claimed) |
(Source: Ford, Car And Driver)
A Bespoke JIMGLO Elite Trailer
Ford knew the kind of automobile it was making and the challenges house owners would face in the event that they needed to have their automobiles transported. The automotive may be very low and vast, and has butterfly doorways. All of those challenges make the GT a troublesome automotive to move. So Ford invited JIMGLO Trailers to make a bespoke trailer that may be capable to transport the GT with ease and keep away from any pointless injury. While this isn’t a requirement by Ford, it’s a advice to make sure your Ford GT is all the time transported safely.