$500,000 with tax.
Anyone know what insurance costs for a $500K 1 of 500 vehicle per year? Serious question.
Definitely a concern. When I got my GT in 2005, I went shopping around for insurance. Everybody I talked to wanted $3000 per year, except my long time insurer, State Farm. They were only $1100 per year for a limited driving policy, so that's the way I went. I guess being with them since I started driving in 1974, and never having had an accident, probably helped. I might just contact them about this.
On another note, I decided to go ahead with the application process. I read the fine print and it basically said there is no commitment from Ford to sell the car to you if you apply, and no requirement for you to buy the car if you are selected. So, why not? I got all the way through the application process, but then at the very end they want you to post a 60 second video on youtube explaining why you should be picked to own one LOL! Well, this is going to be fun...