Depreciation
The depreciation graph and accompanying table on our page detail how the 2007 FORD GT's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2007 FORD GT in 2007 was $439,950.
The average price for used 2007 FORD GT nowadays in 2024 is $0 which is 0% from the original price.
Estimated mileage driven per year is 410 miles.
The graph below is a depreciation curve for 2007 FORD GT. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2007 FORD GT in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2007 MSRP | 0 mi | $439,950 | — | — | 100% | 0% |
| 2011 | 2,050 mi | $1,199,996 | +$0 | +0% | 272.76% | -172.76% |
| 2012 | 2,460 mi | $1,039,996 | +$160,000 | +13.33% | 236.39% | -136.39% |
| 2013 | 2,870 mi | $1,007,990 | +$32,006 | +3.08% | 229.11% | -129.11% |
| 2014 | 3,280 mi | $939,800 | +$68,190 | +6.76% | 213.62% | -113.62% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the FORD GT’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2007 FORD GT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2007 FORD GT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 35,000 mi | $30,000 | 23 sales |
| 60,000 mi | $24,000 | 21 sales |
| 70,000 mi | $12,900 | 18 sales |
Frequently asked questions
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
Aftermarket modifications can affect the depreciation of 2007 FORD GT either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
Other years of FORD GT
1965 FORD GT
240+ sales records
1989 FORD GT
130+ sales records
1994 FORD GT
280+ sales records
2005 FORD GT
$429,900 average used price
1,400+ sales records
2008 FORD GT
200+ sales records
2012 FORD GT
110+ sales records
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