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Is Your Old Ford Worth a Fortune?

Added: 17 May 2017



For those who think there’s no money to be made from cars, think again - total growth over the past decade was 457 per cent. This is a bigger increase than even property, which has increased in value on average 20% in the last decade and 152% since 2000 across Europe.

“The legendary Ford GT40 supercar accounts for the lion’s share of the most expensive Fords ever to be sold at auction and the new Ford GT will be Ford’s most exclusive car ever - limited to volumes of no more than 250 per year globally.” said Jim Farley, Ford executive vice president and president for Europe, Middle East and Africa.

And it’s not just supercars that command a hefty price tag and appreciate rapidly. Classic hot hatches are becoming more and more desirable - and valuable as long as they are in good condition.
In March 2016, a Ford Escort Cosworth with less than 2,500 miles on the clock sold at auction for £67,580 after originally going on sale at £22,050 in 1992. The average price of a Cosworth is now more than double that original price.

The Fiesta XR2 is another desirable retro Ford. It originally went on sale in 1981 for £5,150, and has trebled in value to prices well in excess of £10,000, with the best advertised at close to £20,000! There are also stories of sporting Ford vehicles exchanging hands in private for higher sums than are made public.

One rationale for the huge increase in classic car values is that profits from sales by an individual are exempt from tax in countries across Europe. However, for many collectors, it’s the realisation of a childhood dream to buy a car they always longed for.

To date, the most expensive Ford vehicles sold at auction are as follows:


MODEL
DATE SOLD
PRICE
1968 Ford GT40
August, 2012
$11,000,000
1964 Ford GT40 Prototype
April, 2014
$7,560,000
1965 Ford GT40 Roadster
August, 2014   
$6,930,000
1966 Ford GT40 Mk1
August, 2016
$4,840,000                   
1967 Ford Shelby GT500 Super Snake Mustang     
May, 2013
$1,300,000             

Below are figures showing the performance of some of Ford’s other iconic cars:

MODEL      
PRICE NEW    
AVERAGE PRICE NOW
(based on 2016 sales)

1984 Ford RS200
£49,995
£147,750
1970 Mk1 Escort Mexico
£1,446
£30,573
1987 Sierra Cosworth RS500                              
£19,950
£29,000
1987 Ford Capri 2.8i
£7,995
£9,560
1985 Escort XR3i
£6,278
£4,703
1967 Ford Anglia 105E
£596
£8,332

Is there an old Ford in your garage that could be worth a fortune? 

If you'd prefer to spend your money on a new Ford, rather than an older one, make sure you pay us a visit at Day's...

>> Click here to find your nearest Day's Ford branch
>> Click here to see the range of new Ford cars available at Day's

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