ClassicModel Hub

Ford Gt40 Mk I

289 hp V8, Le Mans winner. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

1966

Base Price

$5.0M

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$-249559/yr

Most Expensive

🇸🇬 Singapore

$-226810/yr

5-Year TCO (US)

$3.9M

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~14L / 100km

At 15,000 km/yr, approx. 2100 litres annually

📉

3-Year Depreciation

-20% loss

Loses ~$-1,000,000 from $5,000,000 base in 3 years

🔧

Annual Maintenance

$3,500

Typical for Classic segment in developed markets

🏷️

Segment

Classic

Competes in the Classic segment globally

About This Model

Classic Segment: Appreciating Assets and Specialist Costs

Classic vehicles are appreciating assets in most established markets. Well-documented examples with matching numbers and original components have consistently outperformed inflation and many traditional investment vehicles over 20-year horizons. However, restoration and maintenance costs are significant: specialist labour rates, period-correct parts, and storage requirements mean that the true cost of classic ownership is substantially higher than the purchase price alone suggests. Buyers should budget for comprehensive specialist insurance, climate-controlled storage, and annual inspection costs that can total $5,000–15,000 USD per year.

The Ford Gt40 Mk I is a Classic-segment vehicle with a base price of $5,000,000 USD. 289 hp V8, Le Mans winner. Across 50 countries, annual ownership costs range from $-249559 in Venezuela to $-226810 in Singapore — a -9% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$-250,000

Insurance

$1,900

Fuel

$1,995

Maintenance

$4,750

Registration

$450

Total Annual$-240,905

Full US Breakdown

Interactive Chart

Ford Gt40 Mk I — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Gt40 Mk I Lose Value?

Starting at $5,000,000, the Ford Gt40 Mk I retains 145% of its value after 5 years — appreciating as a classic asset.

Year 1

$5,250,000 (105%)

Year 2

$5,600,000 (112%)

Year 3

$6,000,000 (120%)

Year 4

$6,500,000 (130%)

Year 5

$7,250,000 (145%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $-240,905. Depreciation is the largest single cost at 104% of total annual spend.

Depreciation

$-250,000104%

Insurance

$1,900-1%

Fuel

$1,995-1%

Maintenance

$4,750-2%

Registration

$4500%

Country Rankings

Where Is the Gt40 Mk I Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $7.0M

$-249559/yr

#2🇮🇷

Iran

Purchase: $10.4M

$-249220/yr

#3🇧🇩

Bangladesh

Purchase: $14.4M

$-247370/yr

#4🇪🇬

Egypt

Purchase: $8.0M

$-246977/yr

#5🇳🇬

Nigeria

Purchase: $7.3M

$-246670/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $7.7M

$-226810/yr

#2🇭🇰

Hong Kong

Purchase: $10.8M

$-231330/yr

#3🇬🇧

United Kingdom

Purchase: $6.4M

$-236375/yr

#4🇮🇹

Italy

Purchase: $6.7M

$-236535/yr

#5🇮🇱

Israel

Purchase: $10.7M

$-236950/yr

50 Countries

Ford Gt40 Mk I — Annual Cost by Country

Based on 1966 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$7.0M	20%	$100	$21	$-249559	View
2	🇮🇷Iran	$10.4M	90%	$150	$105	$-249220	View
3	🇧🇩Bangladesh	$14.4M	150%	$200	$2K	$-247370	View
4	🇪🇬Egypt	$8.0M	40%	$450	$798	$-246977	View
5	🇳🇬Nigeria	$7.3M	35%	$550	$1K	$-246670	View
6	🇷🇺Russia	$6.9M	15%	$700	$1K	$-245948	View
7	🇺🇦Ukraine	$6.6M	10%	$500	$2K	$-245690	View
8	🇮🇳India	$12.8M	100%	$350	$2K	$-245670	View
9	🇵🇪Peru	$6.4M	9%	$600	$2K	$-245605	View
10	🇶🇦Qatar	$5.3M	5%	$1K	$399	$-245426	View
11	🇮🇩Indonesia	$7.8M	40%	$650	$2K	$-245350	View
12	🇵🇰Pakistan	$8.8M	50%	$450	$3K	$-245250	View
13	🇻🇳Vietnam	$9.3M	70%	$450	$2K	$-245235	View
14	🇬🇭Ghana	$6.9M	20%	$650	$2K	$-244960	View
15	🇸🇦Saudi Arabia	$6.0M	5%	$1K	$504	$-244921	View
16	🇲🇾Malaysia	$6.9M	30%	$950	$1K	$-244883	View
17	🇵🇭Philippines	$7.3M	30%	$750	$2K	$-244620	View
18	🇹🇭Thailand	$9.6M	80%	$850	$2K	$-244480	View
19	🇰🇪Kenya	$7.3M	25%	$750	$3K	$-244240	View
20	🇲🇽Mexico	$7.0M	20%	$1K	$2K	$-244195	View
21	🇦🇪UAE	$5.5M	5%	$1K	$882	$-244193	View
22	🇦🇷Argentina	$8.2M	35%	$1K	$1K	$-244160	View
23	🇨🇴Colombia	$8.0M	35%	$1K	$2K	$-244140	View
24	🇷🇴Romania	$6.5M	10%	$950	$3K	$-243540	View
25	🇨🇱Chile	$6.3M	6%	$1K	$2K	$-242970	View
26	🇭🇺Hungary	$7.0M	10%	$1K	$3K	$-242825	View
27	🇨🇳China	$6.5M	15%	$1K	$2K	$-242765	View
28	🇨🇿Czech Republic	$6.7M	10%	$1K	$3K	$-242530	View
29	🇵🇱Poland	$6.8M	10%	$1K	$3K	$-242285	View
30	🇿🇦South Africa	$7.2M	25%	$2K	$2K	$-241935	View
31	🇰🇷South Korea	$5.9M	8%	$1K	$3K	$-241220	View
32	🇺🇸United States	$5.1M	2.5%	$2K	$2K	$-240905	View
33	🇵🇹Portugal	$6.8M	10%	$1K	$4K	$-240775	View
34	🇬🇷Greece	$6.8M	10%	$1K	$4K	$-240770	View
35	🇪🇸Spain	$6.7M	10%	$2K	$4K	$-240480	View
36	🇯🇵Japan	$5.5M	0%	$1K	$3K	$-240455	View
37	🇹🇷Turkey	$10.8M	80%	$950	$5K	$-240235	View
38	🇫🇮Finland	$6.8M	10%	$2K	$4K	$-239980	View
39	🇳🇿New Zealand	$6.0M	5%	$2K	$3K	$-239950	View
40	🇸🇪Sweden	$6.9M	10%	$2K	$3K	$-239735	View
41	🇫🇷France	$6.6M	10%	$2K	$4K	$-239665	View
42	🇦🇹Austria	$6.6M	10%	$2K	$4K	$-239525	View
43	🇨🇦Canada	$5.6M	6.1%	$2K	$3K	$-239180	View
44	🇩🇪Germany	$6.5M	10%	$2K	$4K	$-239020	View
45	🇦🇺Australia	$5.8M	5%	$2K	$3K	$-238920	View
46	🇨🇭Switzerland	$5.7M	6.5%	$2K	$3K	$-238490	View
47	🇧🇪Belgium	$6.7M	10%	$2K	$4K	$-238415	View
48	🇳🇱Netherlands	$6.7M	10%	$2K	$4K	$-238350	View
49	🇳🇴Norway	$7.8M	25%	$2K	$4K	$-238040	View
50	🇩🇰Denmark	$15.6M	150%	$2K	$4K	$-237520	View
51	🇧🇷Brazil	$7.6M	35%	$3K	$2K	$-237140	View
52	🇮🇱Israel	$10.7M	83%	$2K	$4K	$-236950	View
53	🇮🇹Italy	$6.7M	10%	$2K	$4K	$-236535	View
54	🇬🇧United Kingdom	$6.4M	6.5%	$3K	$4K	$-236375	View
55	🇭🇰Hong Kong	$10.8M	115%	$2K	$5K	$-231330	View
56	🇸🇬Singapore	$7.7M	41%	$3K	$4K	$-226810	View