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United States market

Ford GT40 (Mk1)

1964–1968

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  • Lowest price

    US$6,930,000

    Since 2020

  • Median price

    US$6,985,000

    Since 2020 · n=2

  • Highest price

    US$7,040,000

    Since 2020

  • Sold cars

    3

    All time

  • Sell-through

    100%

    Of 3 lots

Ford GT40

Based on 3 verified auction results

HOLDStablelow confidence

US$6,930,000

Market value · recent verified sales

+4.7%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Prices have been flat (+4.7%). No strong directional signal.

MSRP

Collectibility

10/10

Holy Grail

3-Year Forecast

US$8,217,153

+19%

5-Year Forecast

US$8,684,026

+25%

Estimates based on 3 verified United States sales.

Market scores

44

Desirability

Thin

30

Liquidity

Good

60

Resale Outlook

Marque analyst note

The Ford GT40 Mk1 sits at a median US$6.93 million in the current market, up 4.7 percent over the past twelve months—a steady if modest gain for a car that occupies the apex of automotive collectibility. The signal remains neutral at Hold, reflecting stable pricing rather than momentum in either direction.

Transaction volume this year remains extremely sparse, with only three recorded sales tracked across the US market in the past twelve months. This thin liquidity is characteristic of the segment; at 31 cars produced, the Mk1 represents one of the most restricted supply pools in modern collecting, and buyers and sellers at this level operate with extended timelines between negotiations.

The GT40 Mk1 commands a Holy Grail collectibility score rooted entirely in its production scarcity, competition pedigree, and historical significance as the first GT40 to win Le Mans. Desirability registers as moderate despite this classification, suggesting the market is selective about condition, provenance, and specific examples—not all Mk1s perform equally, and documented racing history remains a critical price driver.

The three recorded sales provide insufficient sample depth to establish meaningful mileage norms, though cars at this level typically carry modest usage reflecting their status as acquisitions rather than user vehicles. Condition variability and service history documentation tend to matter more than absolute mileage figures in valuation.

Base projections suggest movement to US$8.22 million over three years (18.6 percent appreciation) and US$8.68 million at the five-year mark (25.3 percent total gain). These estimates assume stable demand and no significant macro shocks, but carry low confidence given the sparse transaction history and the reality that single-car sales can meaningfully shift median readings in this tier. The market for Mk1s will likely remain one of patience and positioning rather than active price discovery.

Depreciation Benchmark

  • Current avg valueUS$6,930,000
  • Annual appr. rate+4.7%/yr
  • Segment average+3.0 to +9.5%/yr

Est. Annual Ownership Costs

  • Insurance (agreed value)US$55,410
  • MaintenanceUS$5,360
  • StorageUS$3,220
  • Depreciation— (appreciating)
  • Total annual costUS$63,990
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale PriceUS$6,270,000
  • Avg Mileage at Sale
  • Recent Price RangeUS$4,840,000 – US$7,040,000
  • Total Sales Tracked3

Recent sales

  • US$7,040,000

    mecum · 19 Jan 2025

  • US$6,930,000

    mecum · 14 Jan 2024

  • US$4,840,000

    mecum · 20 Aug 2016

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.