You can presently apply for a $450.000 Ford GT

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Source:   —  April 13, 2016, at 10:55 AM

Ford Motor Co. has officially begun taking applications to purchase its new high-performance supercar, the Ford GT.

You can presently apply for a $450.000 Ford GT

Ford Motor Co. has officially begun taking applications to purchase its new high-performance supercar, the Ford GT.

Filling out an application will give you the chance -- if you're selected -- to purchase one of five hundred of the high performance cars that'll be built during its first two years of production.

Ford (F) hasn't said whether any more will be built after that.

Check your bank balance before you apply in case you do obtain selected because prices will start at about $450.000, making it the most expensive Ford production car ever.

It'south a highly different sales process. Even with limited-production cars love this, automakers generally supply the cars to franchised dealers, which are independently owned and operated businesses. The manufacturers then leave it up to the dealers to determine which customers obtain the cars.

Related: Most powerful Lamborghini ever is already sold out

In this case, the automaker is deciding who gets to purchase a GT. Once a buyer'south application is approved, a new "Ford GT Concierge Service" will assist with the purchase of the car through a dealer the buyer chooses.

When assessing applications, priority will be given to faithful Ford customers and, in particular, current Ford GT owners. In that sense, it'south similar to the way in which exotic car makers love Ferrari and Lamborghini determine which customers obtain priority for buying special limited-run cars.

The opportunity to purchase a GT is seen as a sort of reward for those who've been excellent to the brand and who can be expected to promote Ford with their new car.

Anyone wanting to purchase a GT can apply online at FordGT. com. The site will also authorize anyone, even those who have number shot at buying one of the cars, to choose options and customize an imaginary GT.

Exterior N America, the car will also be available to applicants in Europe, China, the Philippines, Saudi Arabia and the United Arab Emirates.

The supercar will be powered by a turbocharged 3.5-liter V6 capable of producing over six hundred horsepower. Its body will be made from expensive carbon fiber and aluminum.

Related: Chilly cars from the Detroit Auto Show

The latest GT model was produced for only two years, beginning in the two thousand five model year, and it immediately became collectible.

The cost of a used two thousand five or two thousand six Ford GT in excellent condition never fell below its original $150.000 sticker price, although some buyers had to pay much more than that when the car was first available.

Today, a two thousand five or two thousand six GT in excellent condition is worth over $300.000, according to the collector car insurance firm Hagerty Insurance. And Ford made about 4.000 of those cars over the two-year period.

Both the modern GT models were created to honor the original Ford GT40 racecars that finished first, second, and third in the LeMans 24-hour endurance race in one thousand nine hundred sixty-sixth. Original Ford GT40s are presently worth several million dollars.

Versions of the new GT will race at LeMans this year on the fiftieth anniversary of that victory.

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