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Ford GT
As with many highly
desirable new vehicles, when the Ford GT was
first released demand outpaced supply, and
the cars initially sold for premium prices,
with the first selling for over $500,000 to
a retired Microsoft executive at a charity
auction and other early cars selling for up
to $100,000 or more over the suggested retail
price ($140,000 - $157,000 depending on options).
Independent sources [1] then began gathering
and analysing public information on production,
sales, and selling prices, and posted that
information as a resource for buyers and sellers.
By June 2005 prices had dropped to $10,000
to $20,000 over MSRP, and in August 2005 several
new GTs had sold on eBay for MSRP. Recognizing
the ongoing demand for the car, Ford raised
the base sticker by $10,000 to $149,995 in
late 2005.
The production run of
the GT will end with the 2006 model year in
September, and the Wixom Assembly plant, where
the GT is assembled, is scheduled for closing
in 2007 [2].
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