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Ford GT: Buying guide and review (2004-2006)

Ford GT: Buying guide and review (2004-2006) Classic and Performance Car
Ford GT Ford GT Ford GT Ford GT
Inspired by the all-conquering GT40 of the 1960s, the Ford GT came into being due to Ford’s nostalgic revival period of the early 2000s, and in part a centennial celebrations. A 2002 GT40 concept car hinted at things to come, and by 2004 the first customer cars were ready for production. 
 
Exotic looks that shadowed the timeless GT40’s lines, keen pricing and massive performance from proven internals made it an instant hit. Production was limited to just over 4000 units, and the huge initial demand pushed prices up very quickly.
 
With so much nostalgia in the air, why was it not called the GT40? Ford’s negotiations with GT40 nameplate owners and continuation GT40 builders, Safir, didn’t end well, so Ford decided that the shortened GT name would have to suffice. Being 43-inches tall, it wouldn’t have been strictly accurate anyway. 
 
Harking back to the no nonsense blue-collar muscle car era, the GT had no flappy paddles, ECU controlled suspension or electro-trickery gizmos to help you out when you stomped on the loud pedal. The mighty 550bhp 5.4-litre supercharged V8 delivered its power in brutal fashion, allowing it to outpace contemporary Italian exotics against the clock, proving once again that there really is no substitute for cubic inches. 
 
Early production and delivery issues long forgotten, today the Ford GT has cemented itself into a position of modern collector car, with prices rocketing faster than a central London apartment. 
 
Which one to buy?
 
Not too much choice here, as there was one model available with four official options: BBS alloys, painted brake calipers, upgraded sound system and racing stripes. Six external colour choices were offered with a unique centennial white with blue decals being limited to the 2005 model year. Power was from a 550bhp 5.4-litre supercharged V8 and the sole transmission option was a tough six-speed manual gearbox.
 
Ford GTs fall into three main categories, there are the delivery mileage stock standard garage queens, valued highly by collectors. Then there are the cars which generally have less than 10,000miles on the clock, with a few minor modifications. Finally there are the highly modified GTs, which are more commonplace in the US and vary wildly in price.
 
Ford offered a number of modifications through the Racing Parts Catalogue. These included sports exhausts and supercharger pulley modifications for more power. A number of aftermarket modifications were also made available, with up to 1000bhp twin-turbo conversions not uncommon.
 
Some consider the 2005 model year to be a bit more special, coinciding with Ford’s 100 year anniversary. These cars had the most teething problems when new, however these issues would have been resolved by now so should not affect your buying decision. Overall, the difference between the two model years is insignificant, with choices limited and demand high you may have to take what you can get.
 
Performance and specs
 
Engine 5409cc 32valve DOHC V8 
Power 550bhp @ 6500rpm 
Torque 500lb ft @ 4500rpm
Top speed 205mph 
0-62mph 3.5 seconds 
Fuel consumption 15.5 mpg 
Gearbox Six-speed manual
 
Dimensions and weight
 
Wheelbase 2710mm
Length 4643mm
Width 1953mm
Height 1125mm
Curb Weight 1538kg
 
Common problems
 
A short production run, complex manufacturing processes and a rushed development cycle meant that some models experienced a few issues, which are worth taking note of.

• Early production models were plagued by a number of faults which should all have been attended to under the original warranty, it is worth checking the service records to ensure that this was done.

• Electrical systems had intermittent faults that could affect the climate control system as well as drain the batteries if cars were left standing.

• Suspension control arms on some very early cars cracked and reinforced replacement items were the solution

• Engines could suffer from a rear main seal oil leak due to incorrectly machined crankshafts. 

• Axle bolt failures affected cars throughout the production run, and replacement parts should have been fitted to all models by now.

• Gear changes between first and second tend to be stiff and tight to engage until the transmission fluid has warmed through. This is a characteristic of the cars however if there is excessive grinding or the stiffness persists then there may be an issue that will need sorting.

• Steering column rattles were noted by some owners, and most were repaired under warranty.

• Power steering and engine coolant leaks affected some models, which were easily rectified with modified hoses.

• Most GTs in the UK have seen very little road use, however a comprehensive maintenance record is still essential as irregular fluid changes and infrequent use can cause problems. 
 
Model history

1995: Angular GT90 concept shown at Detroit Auto Show was spiritual forerunner of GT
2002: GT40 concept car shown at Detroit Auto Show with the new GT styling language
2004: Production commences for 550bhp 5.4-litre V8 supercharged GT40
2005: Deliveries start to customers, with 343 Heritage Edition examples built
2006: Final GT40 built with 4038 units produced, the majority for the US market
 
Owners clubs, forums and websites
 
• www.fordgtforum.com
• www.gt40enthusiastsclub.com
 
Summary and prices
 
The Ford GT is one of those rare examples of a car that has quite simply never cost less than its new list price. Even so, the past few years have seen a sharp rise in values, especially for ultra-low mileage unmodified examples. £240,000 is now the entry point for any GT with less than 10,000miles on the clock. Certain delivery mileage examples, especially the Centennial edition cars, have realised much more at auction, changing hands for close to £400,000 in 2015. 
 
Modified or slightly more careworn cars can be found for less, however these are generally more prevalent in the US. Most UK cars will be of the low mileage mint condition variety. An already appreciating modern classic, the Ford GT is a successful modern interpretation of the age-old performance car concept.
 
Words: John Tallodi
Ford GT Ford GT Ford GT Ford GT
Last updated: 4th Jan 2016
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Ford GT
199995 500000 GBP
  • Lot 323

    Ford GT

    £230,000 - £260,000 est. £230,000 - £260,000 est.
    Auction Date: 29 Sep 2018
    RESERVE PRICE
    • Engine size: 5410
    Auction Date: 29 Sep 2018
    £230,000 - £260,000 est. £230,000 - £260,000 est.
    Auction Date: 29 Sep 2018
    RESERVE PRICE
    Silverstone Auctions
    +44 (0) 1926 691 141 View contact number
  • Ford GT

    £199,995 £199,995

    Variant: GT 5.0 2006/55 with 19,373 miles . Ford GT Red with Ebony leather , Side Stripe , Macintosh Upgraded Sound System With Subwoofer, 18"/19" Lightweight BBS Alloy Wheels, . This particular example was brought into the Uk in January 2006 and comes with a comprehensive service history . The car has been recently serviced and is ready for sale . The GT was produced for the 2005 and 2006 model years. The Ford GT was built as part of the company's 100th anniversary celebration.Approximately 550 were built in 2004, nearly 1,900 in 2005, and just over 1,600 in 2006, for a grand total of 4,038. The Ford GT features many new and unique technologies, including superplastic-formed frame, aluminum body panels, roll-bonded floor panels, a friction stir welded center tunnel, covered by a magnesium center console, a "ship-in-a-bottle" gas tank, a capless fuel filler system, one-piece door panels, and an aluminum engine cover with a one-piece carbon fiber inner panel. Brakes are four-piston aluminum Brembo calipers with cross-drilled and vented rotors at all four corners. When the rear canopy is opened, the rear suspension components and engine are visible. The mid-mounted 5.4 L Modular V8 engine is all-aluminum with a Lysholm twin screw-type supercharger.Power output is 550 hp (410 kW; 558 PS) at 6500 rpm and generates 500 lb⋅ft (678 N⋅m) of torque at 3750 rpm.[10] A Ricardo six-speed manual transmission is fitted featuring a helical limited-slip differential. Car and Driver tested the GT in January 2004 and recorded a 0-60 time of 3.3 seconds, with a 5-60 time of 3.7 seconds.

    • Year: 2006
    • Mileage: 19373 mi
    • Engine size: 5.4
    For sale
    £199,995 £199,995
  • Ford GT 40 MK4

    £500,000 £500,000

    Heron MK4 GT Sports Racing Car Designed by Ross Baker, built by Ross Baker, Bob Gee and Chris Cooke in 1967 The Heron GT MK4 was a replica of the Ford GT40 MK4 Sports Racing car. Following the success of the Ford GT40 at Le Mans in 1967 Bob Gee and Ross Baker decided to team up and build this beautiful replica of the car to race the following season. They spent many hours reading and researching all they could to collect the information and specification to build the car they wanted. They decided to use a 327 ci Chevrolet Corvette motor, but the gearbox was a problem! They decided to design and build there own unit, it all started with a Ford Zephyr MK4 gears, a Ford V8 crown wheel and pinion with Ford Zephyr output shafts, Howard rotary hoe quick change gears and a Mini oil pump to pressure feed the oil to the gears. Bob made the patterns from the drawings of Ross to cast the aluminum housings, one cast. Dave Long Engineering did the machining and then they had the gearbox. They proceeded to draw plans for the steel monocoque chassis with fiberglass body panels. All the suspension was to be fabricated from steel with coils. Once the plans were finished, they started on the body plug. All the steel panels were cut from the drawings and ten either spot welded or pop riveted together. Bob made the male plug and glassed over this before sanding and filling it to finish. The car was two thirds finished, when the controlling body of the sports car racing decided to change the maximum capacity of engines to only 2000cc, which made the car obsolete before it had even raced! The car was put on hold and restarted, being completed in 1988 when it raced at the Whenuapai wings and Wheels meeting where it competed very well. However, straight line and powering through corners were out performing the Ferraris, but the 1967 brakes were not up to the cars performance. The car was sold to David Manton in 1990, who had a car collection in New Zealand and disappeared for a while. In 2008 Maurice O’Reilly called to say the car was for sale in Belgium after a short stay in the United States. It has been mentioned that the car was seized by European customs for three years, but no evidence of this. The car was then purchased by the current owner and supported by Mr. Adrias Stals in Latvia who prepared they car for European racing. The brakes have been upgraded, new coil-overs and the engine horsepower was increased. While the car still used the Heron designed and built transaxle. The car has successfully competed in a number of race meetings competitively finishing well amongst a mixed field, the last race this year at Le Mans in September 2018.

    • Year: 1967
    • Mileage: 1000 mi
    • Engine size: 3.3
    For sale
    £500,000 £500,000
  • Ford GT

    £274,990 £274,990

    Variant: LHD Dick Lovett are delighted to present a very special example of a 2005 Ford GT. The car comes presented in Quicksilver which is the rarest colour the Ford GT was built in. The fact that the racing stripe has been deleted only adds to the rarity of the vehicle and because of this we believe the car is the only UK registered Ford GT to be delivered in this specification. The car has a Nero leather interior. The car has covered 8550 miles and is in wonderful condition, please don't hesitate to contact the dealership with any queries on this stunning car.

    • Year: 2005
    • Mileage: 8549 mi
    • Engine size: 5.4
    For sale
    £274,990 £274,990