GreenLantern

Yeah, odd that BC sold them both. I knew he sold the one, but didn't know about the second that he grabbed off Sloan a little while back.

Guess he's satisfied with the blue Gemballa one:

nuvolari612

Weird other than he seems to love Veyron hp. Bliue CGT is more his style it is stunning and that plate works well.

Goldman had two low mileage silver CGT's guess those sold - any idea what the yellow is going for?

They get a lot of big players who go in and out of cars along with a lot of low mileage collector cars but many are from their own collection.

CGT000

I think they would take $600k for either one.

nuvolari612

CGT's with minimal use is an ad for feather dusters.

Anyone who wants to enjoy a CGT will spend a lot of money to make sure it's road ready. 50 miles a year IMO is a liability vs asset car movers don't mind glazing a clutch.

Flip side - there can't be many under 1000 mile cars left and it's just a matter of time before asking price is 7 figures vs 550 for 3 - 5k miles.

smokeygt

I'm not so sure the low miles garage queens will be the highly sought after ones in the future. I'm reminded of a 1911 Oldsmobile Limited with tattered tires and inches of dust that sold for much more than a restored one. Crazy.

I think if someone really wanted to make a great investment, take a CGT; go out on a highly publicized, wild drinking binge with some supermodels and tigers; (throw a clown in there just for the fun of it), run the car into a lake and leave it there for 40 years.
I'd love to be around to see what that one brings at auction.
Anyone else have a great investment idea?

E-Man

Haha! Great post!! I'm with you

nuvolari612

679k asking.

Get em while you can boys!

I missed out on the F40 & F50 - nice to enjoy the ride

Anyone see the new Ford GT - already called a dealer friend in hopes.

envythez06

Just saw the 679k asking price on that one. Will be curious to see if someone picks it up for around that number. Seeing these prices, makes me glad I talked my dad into buying when I did! No news on the Ford GT, but I'm from the Detroit area so when some Ford employee decides to let some info slip, I'll keep you in the loop!

GreenLantern

While I expect the Fayence Yellow one(s) to command a premium, especially considering the low mileage, keep in mind things have cooled down dramatically.

There are approx. 4-5 GT Silvers on the market, ranging from 1k miles to 6+k, all listed above $500k, all sitting for a while.

cgt04115

I would expect this to happen at these figures. The reason is simple. Because the price has now set itself around or above original MSRP, People are trying to get out of them at cost. Now we have good inventory on the market and people are afraid to be among the few who buy above MSRP for a CGT. I would imagine most of those Silver cars are single owner cars. I dont know this as fact though but it seems reasonable to assume.

I think the FGT was so cheap to begin with it reset to what MSRP should have been. Different scenario. But should people be paying half a million for that car? IDK

I also expect them to sell at somepoint even if slow at these levels. It may take a while to hit the next upshift for this car. But certainly $500K is reasonable in today's market. Hopefully we do see a slow down, for a few years, so i can get another one.

GreenLantern

Oh, I completely agree. And I'm in the same boat as you on your last point.

I'm just saying that things aren't flying off the shelves anymore.

secretcollector

I think that it is very difficult to assess the current market based upon what is for sale. Other the MG's yellow car, which ticks the boxes of very low mileage combined with a rare color and thus will sell for a big number sooner or later, all others are silver. Not only the most common color, but they're all competing with one another. If a great black, red, white or PTS hit the market, I have a feeling it would sell quickly and for more money.

GreenLantern

Agreed. 100%.

nuvolari612

Even if there are 5 on the market the F40 F50 prices are crazy. The F40 at 300k F50 500k was not that long ago.

I am not writing a check for an F40 or F50 when CGT's are 1/3 at 550 - 600 even 700k.

My guess is we will see higher prices over the winter. There will be some crossing the auction block at big numbers. Porsche owners are silly to be selling right now.

GreenLantern

Yeah, I've long maintained on FChat that we're in a bit of a Ferrari supercar (and some other cars, too, such as the 997.2 GT3 RS 4.0) bubble.

(I track Ferrari prices, not just Porsche.)