Doug DeMuro's Ford GT Has Already Cost Him $28,000
Columnist and quirk-loving YouTuber Doug DeMuro has only owned his Ford GT a few weeks, but he’s already had to sink $28,000 into the car.
On the face of it, that seems pretty painful, even for running an exotic car. But thankfully, much of that figure is made up of one-off costs, the biggest being sales tax. Registering the car in California proved to be particularly expensive, meaning this GT effectively wears a $17,000 number plate.
It’s better news for the insurance, however, which came in at just under $1000 a year - actually a little less than Doug pays for his Mercedes-AMG E63 wagon.
A $7000 clear wrap is another cost that won’t have to be repeated and is an optional expenditure anyway. Finally, a service came in at around $2800, which - considering the kind of car this is - actually doesn’t seem that bad.
Will any other big bills crop up? We’ll have to wait and see…
Growing up on a diet of World Rally Championship highlights and lengthy Gran Turismo 2 sessions, a life in cars was as good as inevitable for Matt.
Comments
TBH doesn’t seem bad at all when you consider on what he spent the money
Right? It all sounds ridiculous at first but as he goes into it, it starts to make more sense. Except the Cali sales tax, that’s not ever going to make sense from a buying perspective. $17 Gs for a plate?
California, ladies and gentlemen
I’ll never understand why or how people live there..
Just under $1000 a year for insurance… I’m paying $1800 a year for an old police car.
its for 6 months
Under 1000 insurance that’s amazing.
The insurance is $1000 per 6 months, not a year. Doug states it in the video.
and only $100,000 for property damage… hope he has at least a million dollar umbrella policy.
Just 1000$ a year!!!! I pay 1200$ for a Kia Forte koup
I pay below 500€ for my Jag
The insurance is $1000 per 6 months, not a year. Doug states it in the video.
its 1000 for 6 months, not a year
Excuse me in Ireland I insure a ek 98 civic for 2400 euro a year and 3 years later a 2010 renaul scenic 1.5 for 700 euros so I think 900 dollars for a 500 hp car is very cheap
The insurance is $1000 per 6 months, not a year. Doug states it in the video.
He already has a net worth of $200M so I think he can maintain it
My dad just bougt an 04 Opel signum 2.0T and because he’s a “gold customer” at the insurance company its 375kr per 6 months
(42.07 dollars)