GT Mk IV

Make
Ford
Segment
Coupe

The first-generation, Camilo Pardo-designed Ford GT was built for a very limited period of time, from 2004 until 2006, to be precise. All told, just 4,038 examples rolled off the assembly line. That might not seem like much, but it's likely to be more than the final build count of its present-day successor. Only 250 units are made annually. While it has great appeal thanks to its exotic looks and a twin-turbo EcoBoost V6 rated at 660 horsepower and 550 lb-ft of torque, many still clamor for its predecessor. Why?

Because it was one of the very last analog supercars. It came powered by a supercharged 5.4-liter V10 with 550 hp and 500 lb-ft of torque. All of that power went to the rear wheels through a six-speed manual instead of the high-tech seven-speed dual-clutch found in today's GT.

Both supercars are the real deal, but the first GT remains a favorite for many. Used examples still sell for well over $300,000. And then there's this one. No one will pay anywhere close to $300k for it.

Currently up for auction on crashed car auction site Copart is this 2006 Ford GT that, in its previous lifetime, carried an estimated value of $312,395. It's not hard to understand why that value has dropped considerably. As you can see, it's totaled. Or is it?

By insurance company standards, yes. Those with serious garage and wrenching skills may feel otherwise. Based on these photos, it looks like the point of impact was at the rear end. This was no fender bender, but rather a violent collision that might have involved smashing into a pole or another similar stationary object.

It then likely spun around with another impact happening on the right side. Regardless of the specifics, it wasn't a pretty sight, though we've seen far worse.

The interior doesn't actually look completely terrible; the gauges and dashboard appear to be salvageable. As for the engine, considering the point of impact, it's very reasonable to assume it's also a goner. What really needs to be determined is the extent of frame damage, and go from there.

Anyone interested should know this GT is currently sitting on a lot in Portland, Oregon, and, as of this writing, there were zero bids.