Ford Motor Company [NYSE:F] last week fired up the ordering process for its new GT supercar.
The process involves filling out a lengthy online application form at the website www.FordGT.com, which Ford will then vet to determine who the limited run of GTs to be produced will end up with.
Ford has revealed it already has more than 7,000 applications. Of course, since the application doesn’t require a deposit we can’t say that all of them have been made by serious buyers.
Appreciation virtually guaranteed
Nevertheless, it shows there’s serious demand for the GT whose production is being limited to just 250 units per year, virtually guaranteeing an individual car's value will exceed the $450,000 price estimate Ford has given.
Ford also hasn’t said how many years it will produce the car, so we don't know how many will be built in total. Only the first two years of production, or 500 cars, is represented by the ordering process. In comparison, Ford built around 4,000 examples of the previous-generation GT over three years.
The first lucky customers should receive their cars before the year is out.
In case you’ve forgotten, the new GT features a mid-engine monocoque structure made from carbon fiber. It’s powered by a twin-turbocharged 3.5-liter V-6 that will likely be rated at about 630 horsepower and 539 pound-feet of torque. Drive is to the rear wheels via a 7-speed dual-clutch transmission.