Shmee150 reveals ridiculous cost of insuring his Ford GT YouTube: Shmee150YouTuber and supercar collector extraordinaire Shmee150 is known for his incredible garage of exotic cars. In his October 13 video, he reveals some surprising news about the cost of living with his Ford GT supercar. The Ford GT cost around $500,000 when new, so you\u2019d be forgiven for thinking that the day-to-day maintenance costs would be astronomical too. According to owner Tim (Shmee150) however, they aren\u2019t quite as bad as you expect. Given that the GT is build by Ford, its hardly surprising that it is often referred to as a \u2018blue-collar supercar.\u2019 Though, with its purchase price of half a million dollars, it\u2019s hardly cheap. Being produced by Ford does have its advantages though, as Shmee explains in his video. Supercar ownership costs \u201cvary hugely from one car to the next\u201d according to Tim, and the GT is no exception. Servicing for the Ford GT is on a very strict schedule of once per year or every 5000 miles. This means that drivers that make use of their GTs risk paying for several services each year, though thankfully the costs are impressively low. Thanks to being a Ford product, servicing can be done at Ford dealerships rather than requiring specialist garages. Costing \u201caround 500 bucks\u201d per go, it\u2019s a stark contrast to many supercars such as Ferraris and Porsches that run into four-figure prices for each service. The Ford GT also comes with an impressive three-year warranty package, and can have a majority of its minor work done at Ford dealerships as per its servicing requirements. This saves on shipping the car to-and-from specialists, which in itself is a costly part of typical supercar ownership. Clip starts at 3:00 As Shmee says, for day-to-day life with the GT \u201cthere isn\u2019t actually that much to worry about\u2026 because it\u2019s a Ford. Most things [consumables] are quite reasonable.\u201d Unfortunately, that\u2019s where the cheap ownership of the GT ends. Due to the incredible performance capabilities of the car, specific Michelin tires are required which came at a \u201cheavier price\u201d than Shmee expected. Insurance is a big kicker too. Tim admits that this is \u201cby far the biggest cost for the car.\u201d In his first year, he paid a staggering \u00a310,000 ($13,000) for insurance on the GT. The second year wasn\u2019t much better, coming down by \u00a32000 to \u00a38000\/year ($10,400.) So while day-to-day life with the Ford GT is probably much cheaper than many would expect, just getting it insured to drive on the roads costs a monumental amount; At least servicing is cheap!<\/p>\n","protected":false},"excerpt":{"rendered":"
Shmee150 reveals ridiculous cost of insuring his Ford GT YouTube: Shmee150YouTuber and supercar collector extraordinaire Shmee150 is known for his incredible garage of exotic cars. In his October 13 video, he reveals some surprising news about the cost of living with his Ford GT supercar. The Ford GT cost around $500,000 when new, so you\u2019d […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35316","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/35316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=35316"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/35316\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=35316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=35316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=35316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}