mobile-menu-icon
Ford Authority
Sponsored

2018 Ford GT Fetches Record-Breaking $1.2M At Barrett-Jackson: Video

Sponsored

The Blue Oval’s super car – the Ford GT – is beginning to make an appearance at high-profile auction venues as the two year resale restriction ends for early buyers. So it should come as no surprise that one of the headlining vehicles at the 2020 Barrett-Jackson Fall Auction that ran from October 22nd-24th at WestWorld of Scottsdale, Arizona was a 2018 Ford GT clad in Shadow Black.

Ford’s exotic quickly became the subject of a brief but intense bidding war, with the price ultimately reaching a cool $1.2 million once the hammer came down, making it the highest-priced Ford GT in the world.

Ford Authority previously covered this incredibly clean 2018 Ford GT when Barrett-Jackson originally announced the auction in July. It’s equipped with the Dark Energy interior, 20 inch Satin Graphite aluminum wheels, and optional red Sparco racing harnesses. Additionally, it has only 853 miles on the odometer.

The previous owners included a lot of nice goodies for the winning bidders too. The well-kept GT comes with the original GT ordering kit, transport seat, steering wheel cover, owner’s manuals, battery tender with original box, transmission tool, locking lug nuts, fuel filler, and a car cover. All factory recalls have been performed as well, and the car even comes with a transferable Ford warranty that’s valid until April 14th, 2021.

Unsurprisingly, pricing spiked immediately as soon as bidding began. Incidentally, Barrett-Jackson estimates a $600k average transaction price for new models. By contrast, this 2018 Ford GT convinced one interested party to spend $1.2M for it. That’s roughly double the original asking price for the car, but given the very low production numbers, it’s entirely possible that the winning bid represented the baseline price for a lightly-used GT. After all, Ford’s strict rules will pretty much guarantee a low supply of pre-owned models for years to come.

We’ll have everything about the Ford GT soon, so be sure to subscribe to Ford Authority for more Ford GT News and non-stop Ford news coverage.

Sponsored

Ed owns a 1986 Ford Taurus LX, and he routinely daydreams about buying another one, a fantasy that may someday become a reality.

Subscribe to Ford Authority

For around-the-clock Ford news coverage

We'll send you one email per day with the latest Ford updates.
It's totally free.

Sponsored

Comments

  1. Roy Chile’s

    A Beautiful Beast that’s worth all the change Exotic done right

    Reply
  2. Sergio

    Sorry Edward, but in 2018, Barrett-Jackson auctioned a 2017 Ford GT for $2.5M (ex Ron Pratte) and Mecum Auctions for $1.81M (ex John Cena). Since then, you can find more samples auctioned above $1M.

    Reply

Leave a comment

Cancel
Sponsored