Original GT40 values?
I'm curious as to what you think the current values are for genuine GT40s? When I visited Lee Maxted-Page in the UK last November (he's a fairly well-known exotic car broker who has sold numerous GT40s over the years), he told me that the GT40 market had peaked earlier in 2006 and had nosed over slightly.
But a few days ago I saw an article in a recent Vintage Racecar magazine, which has a current price guide for GT40s. According to them, the values range from 1 million for a restoration project to 2.5 million for a perfect, needs-nothing, all-original car (of which there are only a handful, as most GT40s were raced, crashed, retubbed, rebodied, etc. and so forth).
This is substantially more than I thought. Does anyone have any further insight? With Shelbys which were worth $50-75K now selling for $200K, and Cobras which were worth $250K now going for upwards of a million, have GT40s taken off in a similar way when I wasn't looking?
Mike Drew, Vacaville, CA (
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