The first privately-owned Ford GT supercars are being sold at auctions for two to three times their original sticker price.

At Barrett-Jackson’s Las Vegas auction held last weekend, a privately-owned 2017 Ford GT was scooped up for a cool $1.54 million. That’s about three times what the car cost when new, as the base price of a 2017 GT was set at USD$450,000.

This particular car is a GT ’66 Heritage Edition, which pays tribute to the victorious GT40 Mark II piloted by Bruce McLaren and Chris Amon at Le Mans in 1966.

It wears an exclusive colour theme inside and out, including Shadow Black paint, silver stripes and white hood and door graphics. A carbon-fibre package is also part of the ensemble, and the 20-inch forged aluminum wheels sport a gold satin clearcoat finish as well as black lug nuts.

The 2017 Ford GT ’66 Heritage Edition’s cockpit features blue seat belts as well as Ebony leather upholstery on the seats, the instrument panel, the pillars and the headliner. This limited-edition package was only offered for the first model year of the current GT, and the car sold at the auction had less than 30 miles on the odometer. And likely, that all-important new-car scent.

Every modern-day GT is equipped with a high-output, twin-turbo 3.5-litre V6 that lashes out 647 horsepower and 550 pound-feet of torque to the rear wheels, allowing for a 216-mph (345-km/h) top speed, according to the manufacturer.

The Ford GT is obviously a fabulous halo car, and to make sure cherry-picked buyers of the supercar wouldn’t immediately flip it for a quick buck, those folks had to sign a contract with the automaker to keep their GT for at least two years before selling it.

For the first owners of the 2017 Ford GT, those two years are up.

This most recent resale of a 2017 Ford GT gives a good indication of the car’s value, although it isn’t the biggest lump of money forked over for the Blue Oval’s supercar. In 2018, a private owner broke his contract with Ford and sold his GT to a dealership who then fetched $1.8 million for it at a Mecum Auctions sale.

Earlier this year, Ford auctioned off the 2019 Ford GT “Gulf” Heritage Edition VIN 001 for $2.5 million, with proceeds of the sale going to charity. More recently, the owner of a 2017 Ford GT with 400 miles on the odometer sold his car at an RM Sotheby’s auction event for just over $1.2 million.

2017 Ford GT ’66 Heritage Edition | Photo: Barrett-Jackson

2017 Ford GT ’66 Heritage Edition | Photo: Barrett-Jackson

2017 Ford GT ’66 Heritage Edition | Photo: Barrett-Jackson

2017 Ford GT ’66 Heritage Edition | Photo: Barrett-Jackson

2017 Ford GT ’66 Heritage Edition | Photo: Barrett-Jackson

2017 Ford GT ’66 Heritage Edition | Photo: Barrett-Jackson