Ford Gets Mecum to Pay for Auctioning a GT, Bans It from Selling Any
Eric Weiner 22 May 2018 Share All eyes at last weekend's Mecum's Indy auction were on the silver 2017 Ford GT, which was bid to a hefty price of $1.65 million ($1.815M with premium). That's more than triple the original MSRP of $450,000, which means the seller can fill that garage space with several rather fat stacks of Benjamins.
Nobody Wants This Ford GT
On May 19, 2018, Mecum Auctions presented a limited edition 2017 Ford GT for auction at its Spring Classic Auction in Indianapolis, Indiana, attracting global media attention that potentially caused confusion with Ford GT owners and the general public.
How Mecum Was Able to Auction a Ford GT Earlier This Summer
Ford has settled their lawsuit against Mecum Auction House who sold a GT last spring before it's contractual 2-year mandate had elapsed. via Ford Mecum Auction House and Ford Motors have reached a settlement in last year's auctioned Ford GT.
308,000 Ford GT tops Mecum’s Kansas City auction
brandt004 Actor and professional wrestler John Cena has finally tapped out in his dramatic legal battle with Ford, settling with the company and agreeing to pay an undisclosed amount of money.
Mecum settles lawsuit, agrees not to auction new Ford GTs Driving
Pro wrestler John Cena resold his Ford GT, which Ford claimed was a breach of its contract prohibiting flipping. The two have now settled. Read more about the case and see photos at Car and Driver.
Mecum Harrisburg auction shows solid growth, 70 percent sales rate
Thus far there is no work on how the resolution of the automaker's lawsuit with Cena will affect the Ford's lawsuit over a GT recently sold at a Mecum auction for $1.8 million. The auction company.
Two Ford sports cars, old and new, tie as top sellers at Mecum auction
Court decision behind the $1.8 million Ford GT auction revealed as litigation continues By Gary Gastelu , Fox News Published July 23, 2018 4:15pm EDT | Updated July 23, 2018 5:16pm EDT.
Top 152+ imagen ford gt mecum lawsuit Abzlocal.mx
Mecum Auctions sold a 2017 Ford GT for nearly $1.7 million in May, much to the distress of Ford and its buyer contract that, on paper, aimed to prevent quick resales. But rather than finding.
Top 152+ imagen ford gt mecum lawsuit Abzlocal.mx
Following the news that the pro wrestler and actor went ahead and sold it anyway after very little time into his ownership, Ford served Cena with a lawsuit demanding to buy back the car for its $463,376.50 sale price, plus $75,000 in damages and right to reclaim any profit made from the sale.
Legal Battle Over Ford GT Auction By Mecum Finally Settled
1. Mecum will not accept for consignment sale any Ford GT owned by its original purchaser that is still subject to the two-year sales moratorium; 2.
Ford and Mecum Auctions Settle Lawsuit Over 1.7 Million Resale of Ford GT
When purchased new by customers hand-selected by Ford, the GT was stuck with an ownership contract that included a stipulation forcing the buyer not to sell the vehicle within two years, lest.
John Cena’s Ford GT Saga Continues As Mecum Withdraws It From May
A mysterious Ford GT was able to cross the block for $1.2 million more than the car's $450,000 MSRP at Mecum auctions in May of this year, despite the company aggressively enforcing anti.
Top 152+ imagen ford gt mecum lawsuit Abzlocal.mx
The GT, silver with black racing stripes and only seven miles on the odometer, sold for nearly $1.7 million at Mecum. That's far more than the $450,000 base MSRP of the current generation's.
Top 152+ imagen ford gt mecum lawsuit Abzlocal.mx
Jan 24, 2019 Ford and Mecum have just settled litigation regarding the sale of a Ford GT at the auction house's May 2018 event in Indianapolis, Indiana.
Mecum’s Selling That Same Controversial 2017 Ford GT Again Carscoops
Last year, a new Ford GT sold at a Mecum Auctions sale for $1.8 million, but the price wasn't the only reason it was eye-raising. Ford required new GT owners sign a contract stipulating.
Disputed 2017 Ford GT top seller at Mecum auction in Dallas
Mecum Auctions consigned a 2017 Ford GT, number 48 of the production run, for its May auction in Indianapolis, and according to Fox News, Ford first tried to institute a restraining order.