Autoblog and Yahoo may earn commission from links in this article.This 2005 Ford GT is Ford's modern GT40 tribute done right, with just 8,000 miles on the clock. It keeps the original supercharged 5.4-liter V8, six-speed manual, and wears Mark IV Red over Ebony leather. The car's up for grabs in Texas, complete with a clean Carfax, clean Ohio title, window sticker, and all the factory paperwork you'd want.2005 Ford GTBring a TrailerWhat It's Worth Right NowClassic.com currently puts the first-generation Ford GT base model at an average price of $546,252, based on 61 recorded sales. The lowest recorded sale is $380,000, the highest is $880,000, and the most recent is $600,000. The current market figure is $472,034.AdvertisementAdvertisementRight now, the high bid sits at $400,000 with eight days left on the clock. That's below the market average and just a hair above the lowest recorded sale, but there's still plenty of time for things to heat up. With only 8,000 miles, this GT is barely broken in for a 20-year-old supercar, and the Mark IV Red paint doesn't hurt its case. Only 766 GTs wore this color in 2005, so it's not something you'll see every day.2005 Ford GTBring a TrailerGiven the market value, plus this car's mileage, spec, and paperwork, fair value probably lands somewhere between $500,000 and $600,000. That's just an educated guess, though – the wild swing between $380,000 and $880,000 sales proves how much things like condition, originality, and history can shake up the price.Condition and DetailsCamilo Pardo penned the GT as a modern take on the legendary GT40, with aluminum bodywork draped over an extruded-aluminum space frame. This one rocks Mark IV Red over Ebony leather and came from the factory without racing stripes. The last owner even peeled off the GT-script side tape and graphics for a cleaner look.2005 Ford GTBring a TrailerUnder the rear clamshell sits a supercharged 5.4-liter V8, mid-mounted and ready to rumble. It's got an aluminum block and heads, a Lysholm screw-type blower, dry-sump oiling, and water-to-air intercooling. From the factory, you get 550 horsepower and 500 lb-ft, all sent to the rear wheels through a Ricardo six-speed manual and a helical limited-slip diff. This GT rolls on optional BBS forged wheels – 18s up front, 19s out back – plus Brembo brakes and Goodyear Eagle F1 rubber.2005 Ford GTBring a TrailerInside, you get Ebony leather, Sparco seats with carbon-fiber shells, GT40-style grommets for ventilation, an aluminum center console, air conditioning, and a McIntosh CD stereo for your period-correct tunes. The paperwork is all there: window sticker (original price was $150,845), manufacturer's docs, clean Carfax, and a clean Ohio title. The seller also swapped out the battery and engine oil before listing, and the Brembo calipers are fresh as of 2024.2005 Ford GTBring a TrailerAdvertisementAdvertisementThe OfferSpecificationDetailMakeFordModelGTYear2005Mileage8,000 milesEngineSupercharged 5.4-liter DOHC V8Power550 horsepower, 500 lb-ftTransmissionSix-speed manual transaxleDrive typeRear-wheel drive with helical limited-slip differentialExterior colorMark IV RedInterior colorEbony leatherCurrent bid$400,000LocationCarrollton, TexasInterested in this car? View the listing here.What Makes the Ford GT UniqueThe first-gen Ford GT is one of those rare cars where the looks and the hardware both deliver. The shape is pure GT40 tribute, but the aluminum space frame, mid-mounted supercharged V8, and manual transaxle mean it's not just a pretty face. That 550-hp V8 and rear-drive setup are a dying breed, especially now that manual supercars are nearly extinct.2005 Ford GTBring a TrailerThis GT checks a lot of collector boxes: low miles, Mark IV Red paint, all the original paperwork, and a clean accident record. The optional BBS wheels, Brembo brakes, Sparco carbon seats, and McIntosh stereo round out the early-2000s supercar vibe.Final ThoughtsThis 2005 Ford GT brings together everything that makes the first-gen car a hot ticket for collectors: 8,000 miles, the supercharged 5.4-liter V8, six-speed manual, Mark IV Red over Ebony, and all the right paperwork. At $400,000, the current bid is still trailing the market average, but with eight days left, there's plenty of time for the action to pick up.AdvertisementAdvertisementIf everything checks out, I'd peg fair value at $500,000 to $600,000. Of course, any serious buyer should double-check originality, look over the body and paint, check the tires, and get a pro to inspect the mechanicals before pulling the trigger. For anyone after a lightly used take on Ford's modern GT40, this one's got the goods.Disclaimer: This post is for informational purposes only. We are not a dealership or broker. All vehicle specifications, pricing, and availability are subject to change without notice. We are not responsible for typographical errors, omissions, or the accuracy of the provided information. Please verify all details directly with the seller.Autoblog aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.This story was originally published by Autoblog on Aug 17, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.