Photo: Ford
In the realm of microeconomics, supply and demand is an economic model penned by early Muslim scholars from the fourteenth-century and, to some extent, John Locke. Little did the scholars and Locke know that the concept of supply and demand would become a thing in the world of cars, including those made by mainstream automakers like FoMoCo.
You see, Ford has received over 7,000 applications in a week for the 2017 Ford GT, the spiritual successor of the GT40 from the 1960s and the direct successor of the V8-powered GT from the mid-2000s. The thing with the aforesaid amount of applications is that Ford will manufacture only 250 units of the GT per year.
Oh, and another thing worth mentioning: Ford will select a mere 500 lucky bastards based on a nagging selection process. Ford, the automaker that developed the assembly line technique of mass production, is now playing the exclusivity card like it owns the place. How about that for a microeconomics plot twist?
Furthermore, lest we forget that a 2017 Ford GT is priced at $450,000 or thereabout.
Some believe that’s too much money for a car wearing a Blue Oval badge up front, a car that is motivated by a twin-turbo V6 instead of a hard-line V8 tower-of-power. But then again, this is the most technically ambitious and high-performance street-legal car made by Ford, two facts that ensure the price is worth it.
Raj Nair of global product development sums up the appeal of the 2017 Ford GT nicely, as follows: "The GT is the ultimate execution of an enthusiast supercar. While we hope enthusiasts rejoice about this all-new GT, all Ford customers will benefit from the ultimate performance Ford and its new-generation innovations."
That’s no bluff, more so if you take the Focus RS, Shelby GT350R, and F-150 Raptor into consideration. Those lucky few who will be accepted by Ford will receive their first taste of the GT by the end of 2016.
Oh, and another thing worth mentioning: Ford will select a mere 500 lucky bastards based on a nagging selection process. Ford, the automaker that developed the assembly line technique of mass production, is now playing the exclusivity card like it owns the place. How about that for a microeconomics plot twist?
Furthermore, lest we forget that a 2017 Ford GT is priced at $450,000 or thereabout.
Some believe that’s too much money for a car wearing a Blue Oval badge up front, a car that is motivated by a twin-turbo V6 instead of a hard-line V8 tower-of-power. But then again, this is the most technically ambitious and high-performance street-legal car made by Ford, two facts that ensure the price is worth it.
Raj Nair of global product development sums up the appeal of the 2017 Ford GT nicely, as follows: "The GT is the ultimate execution of an enthusiast supercar. While we hope enthusiasts rejoice about this all-new GT, all Ford customers will benefit from the ultimate performance Ford and its new-generation innovations."
That’s no bluff, more so if you take the Focus RS, Shelby GT350R, and F-150 Raptor into consideration. Those lucky few who will be accepted by Ford will receive their first taste of the GT by the end of 2016.
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