Countach Prices dropping?

Discussion in 'LamborghiniChat.com' started by frached, Aug 23, 2017.

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  1. frached

    frached Rookie

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    We all know how Countach prices doubled in 2014 but I have noticed a a definite flattening if not a pullback over the past year. I figured I would present this to the audience here because you guys are the experts and I am noticing quite a number of later model Countach's on the market, some as low as 225k. Also wondering why the 88 1/2's are supposed to be worth a little more then say an 88 QV, it can't have anything to do with Chrysler. Is now the time to buy one of these or it time to consider selling?
     
  2. joe sackey

    joe sackey Four Time F1 World Champ
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    I think its a great time to buy a Countach, in fact, I see the trading market for great cars firming up a bit after the correction of the last couple years, your timing might just be impeccable.
     
  3. Doc_K

    Doc_K Karting

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    Sell. Myself and a few others I talk to believe the market definitely still has some leveling out to do. The best way to put it: The people that want them, have them, the people that don't want them are selling them. If you look at why values jumped 3 years ago, the whole thing was really silly. It all ahd to do with a bidder who wanted his old LP400 back bidding a really high number on his CT. Everyone thought their cars were suddenly worth way more and then they shot up.
     
  4. Redlambo

    Redlambo Formula Junior
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    Did I miss something Ian? Did you purchase a Countach? Or have you changed your mind and you don't want one now?

    I am just busting your balls, so don't take it to heart. Sincerely Vic
     
  5. Doc_K

    Doc_K Karting

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    Hahaha. EDIT: *Everyone except for me! :D


    I hope you're doing well, Vic! :)
     
  6. Redlambo

    Redlambo Formula Junior
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    I am doing well. Keep working hard and I am sure things will turn out fine.

    I had a dream of owning a Countach in the early 1980's.
    It finally came true some twenty years later.

    Don't give up. Sincerely Vic
     
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  8. joe sackey

    joe sackey Four Time F1 World Champ
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    Ian, relax.

    The notion that Simon Kidston caused the ascent of Countach values 3 years ago by his high-bid on that single LP400 is as patently false & ridiculous as the one you previously espoused that I am responsible for all Miuras being multi-million dollar cars! If either was true, so too would the notion that Simon & I are soon getting together to rule the world.

    Are you seriously asking as to believe that there was not already a market-frenzied collector-car ascent ongoing amongst all collectible Ferraris, Porsches, Lamborghinis (including all variants of Countach) et al at the time Simon purchased that car? You realize that there are full-time professionals who track & record any & all numbers data for sports cars including Lamborghinis on an ongoing basis?

    A rising tide raises all ships, and Simon's car was not the only seven-figures Countach to sell, nor, in fact, did it's price achieved have much effect on overall Countach values, as they started downwards soon thereafter!

    Outlandish conspiracy theories will never help you get a Countach, and nobody seriously clued-in to the market believes them anyway. In 30 years of playing with these cars, I have never seen any one individual achieve their dreams of owning a Countach by trying to talk the market down, try as some may, its a completely futile endeavor. If you want a Countach, like everyone else, you'll have to pay what it takes at that time.

    I'd like to suggest to you what will get you a Countach is one basic thing, hard work, resulting in making you more than sufficient money to buy whatever you want. That, and remaining positive, striving to learn about the cars and the real market, and networking with the right people. My honest feeling is, if you adopted a more positive attitude towards the market, your goal of owning a Countach would actually happen sooner.

    I'd also like to add that nobody is conspiring against you or anyone else, and personally I'd be happy to help you in any way I can, for free, like I do a significant number of people who remain positive, work hard, and seek the best help they can find. There are a number of people reading this who can back up that statement, the latest of which is a local-to-me airline engineer who just achieved a long-term dream of owning a Countach (LP500S). I had no affiliation with the car, yet, he politely asked me if I would help him buy it. I said, of course, and as a result he has called me half-a-dozen times and I have encouraged, guided & advised him along the way to successful ownership. He is so excited. The point I am trying to make in a long-winded way is, rather than people conspiring against your dreams, there are actually people out there who can & will help you, if you take the right perspective. It is my pleasure to help anyone who is open-minded, fair, and values experience, I do it all the time.

    Anyway, in summation, whilst I realize that you may never need my help, hard work & timing is what gets Countachs, talking the market down doesn't help.

    Exactly.
     
  9. Ciro Izzo

    Ciro Izzo Karting
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    Anyone with the means to buy the Countach of their dreams would be wise to buy now.

    There is one thing for sure . Market pricing will either go up or down.

    Place your bet while you're driving the wildest production car ever created .
     
  10. cnpapa24

    cnpapa24 Formula 3
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    I wouldn't bet on this. There is nearly an entire generation of car enthusiasts that have yet to reach their peak earning potential who would love to own a Countach but don't yet have the means to do so.

    The time to buy one is when you can afford to do so, your lifestyle permits, and the right opportunity is in front of you. Don't worry too much about short term ups and downs in the market; it won't mean much in the long run.

    Best of luck reaching your dream, we all know the feeling of wanting a Countach!
     
  11. EarlyCat

    EarlyCat Moderator
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  12. Ellagirl

    Ellagirl Formula 3

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    Agree,the perfect answer,
     
  13. topcarbon

    topcarbon Formula 3
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    Sometimes you just have to go for it

    Sure we all want to price it right, and our Countachs will rise in value.
    I think most here see more than just a car with four wheels and doors that go up.

    Increased value is just a perk
     
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  15. Ciro Izzo

    Ciro Izzo Karting
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    I read and saved this post years ago because I thought it was very true of the Countach Market. Very well written, not by me :).

    I believe that very expensive cars go thru several stages before become very expensive collector cars. (1) As said, first they are usually expensive and that said, are purchased by people with large disposable wealth or incomes...and equally disposed for the "next" thing to have or be seen in. (2) Next owner is looking for a deal and buys at a discount...usually could not afford car new. (3) 3rd - 4th owner is probablly someone that picks up the car relatively cheap compared to new...several years or more down the line, when it's yesterdays car for sure and not many wealthy people would care to be seen in one at their favorite restaurant, etc. (4) Here's where it becomes interesting...if the car is truly a collector machine, wealth will find and embrace it again...once this starts to happen and it happens fast sometimes, these cars can not only rise in value, but usually when people, again with large disposable wealth, view the car as collectable, then it's at the final stage and the normal enthusiast is left with only memorys...and very little hope of owning one again.
    -------------------------
    This is not meant to be gloomy for future owners still dreaming about the Countach. It's more of a call to get up and try your hardest to make something happen now while it's still relatively affordable! I hope everyone achieves the dream who hasn't yet!
     
  16. SupercarGuru

    SupercarGuru F1 Rookie
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    I am currently looking for 3, YES, 3 European Spec 5000S Countach examples in White for 3 different clients all between the ages of 38 and 52. All want lower miles, and don't mind if its the cult-like Downdraft or an earlier Side-draft car.

    They all have a very nice newer exotic car collection and want to finally take the leap into the car they have always dreamed and admired... the Countach.

    Mark my words, the Countach market will get very interesting.
     
  17. joe sackey

    joe sackey Four Time F1 World Champ
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    That's a positive perspective.

    Totally agree with this, I must say I think my son's generation is even more enthusiastic & knowledgeable than mine.

    Neat thread, thanks for the reminder.

    Another positive perspective.

    John given your assurance I am bracing myself :D but seriously, although I do not have as many actively looking as you do, I am finding my Ferrari Supercar-collecting base of clients asking a lot of questions, so qualified interest is there.
     
  18. EarlyCat

    EarlyCat Moderator
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    #16 EarlyCat, Aug 28, 2017
    Last edited by a moderator: Sep 7, 2017
    I don't know the asking price, but Nsxr's checks all of the right boxes for me. I know, red, but WOW!!!

    http://www.ferrarichat.com/forum/other-cars/552382-1981-lamborghini-countach-lp400s-s3.html
    LP400 S3 #8.jpg
     
  19. S_AGATA

    S_AGATA Karting
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  20. PineChris

    PineChris Formula Junior

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    Damn.... I agree with Joe... For once.. :)
     
  21. joe sackey

    joe sackey Four Time F1 World Champ
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    Perhaps it's just easier to do than you've previously realized :eek: :)
     
  22. PineChris

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    Nope... not really... Only agree if you make sense...
     
  23. joe sackey

    joe sackey Four Time F1 World Champ
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    Agreed.
     
  24. Shark01

    Shark01 F1 Rookie

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    Unfortunately, this has been Ian's approach for the 3+ years I have been aware of him. I want a Boxer at least as much as Ian wants a Countach, and hope the market goes down, but I don't try to fight the market to match my limited viewpoint, just sit back, learn, and continue to save. If I get there, great, if not I'll buy something else with no regrets.
     
  25. joe sackey

    joe sackey Four Time F1 World Champ
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    Great attitude.

    I think there will always be some nice opportunities that crop up every now & then for enthusiasts such as yourself that are desirous of getting into ownership, that's why networking and following the market pays, then you'll know when an opportunity feels right.
     
  26. Ellagirl

    Ellagirl Formula 3

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    Agree, i want a Boxer also, never driven a 512 bb, but i did drive a 365 bb, i really liked it,very tame and relaxed(iloabw) compared to my Countach, not even close in power and acceleration,but i love its charm and looks, Probably a 512 in yellow, would be my choice,lot less $ than the 365. Will wait for the right deal
     
  27. Shark01

    Shark01 F1 Rookie

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    Right, you don't buy a Boxer to go all fast and furious, its 350 hp-ish that feels vintage but has good V-12 power delivery.

    The last time I had adequate funds, I chose a '99 Diablo Roadster instead. The Diablo has reasonably modern performance (3.8 to 60), but a classic feel.

    Next time I want to scratch the Ferrari itch (if and when possible) and a Boxer would fit the bill wonderfully. The only other Ferraris I would consider would be a 550 or 458.
     
  28. boxerman

    boxerman F1 Veteran
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    My take, you can get a good boxer for 250-300k right now, add 25-50k for a Ct.
     
  29. EarlyCat

    EarlyCat Moderator
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    I'd still like a Dino. Passed on one for 52k...ugh. A friend had a carbed 512bb for a short time. What a neat car. Red with Daytona seats. I got him to bring it over to my house & park it next to my Pantera, in my garage. I then took a picture and mailed it to some friends (an actual pic, before cell phones) and the only thing I said with it, was that I was making some progress on the Pantera. :). My phone was ringing off of the hook when they got the picture!
     
  30. PineChris

    PineChris Formula Junior

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    I need a white Testarossa, a black 328 GTS, and a white 930!
     
  31. topcarbon

    topcarbon Formula 3
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    I think you are missing some zeros
     
  32. Ellagirl

    Ellagirl Formula 3

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    Agree on the Testa,had one for 3 years ,daylie driver, poss a 512 tr if to do it again, Bought a spanking new 328 gts in 88, drove it one summer, sold it,never looked back, .It did absolutely nothing for me, slow, seating to high, sqicks and bends, if you park it with one wheel on an uneven surface,the central lock keeps popping up, why these cars are rising is beyond me, i would never buy another,and you look like a total dusch ,driving it ,with half your head popping up above the windshield,its a girls car ,at best, imho, The 930 Porsche,clean original wide body turbo,is very cool, (non slant nose) great stabelmate to for a Countach
     
  33. frached

    frached Rookie

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    Not sure why but there seems to be an extraordinary number of Countach's for sale in the US right now, primarily late 80's, but there must be about 8 of them. Ranging in mileage from 6k to about 20k and training in price from 265 to mid 400's. Doesn't the rule of supply and demand mean something here? Is it me or does it seem like everyone is trying to sell a Countach?
     
  34. S_AGATA

    S_AGATA Karting
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    You're 100% correct. Everyone who wanted a quick profit threw their car onto the market believing it would bring the big bucks. As a result the market is currently flooded.

    Now there's nothing wrong with selling your vehicle if you like. However some observation is required in order to list a car at the opportune time. Had more owners been discreet and waited for that time they would have been happy campers.

    Another issue is the range of vehicle quality that we see being advertised. Since there are many parties trying to quickly get a piece of the action we see cars that need a lot of work despite their description. It's my personal opinion that the good cars are still being traded privately for decent sums of money.
     
  35. joe sackey

    joe sackey Four Time F1 World Champ
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    Agree on all points.
     
  36. mikael82

    mikael82 Formula Junior
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    Many people say to face that I should sell one car to get money out of them,
    My standard awnser for these advise is; What would I do with the money? I all ready got exactly what you should do with money... own a Countach, 512BB, Testarossa and Diablo.
     
  37. frached

    frached Rookie

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    I am just trying to learn the algorithms on the collector side of the auto industry. All 3 of you made excellent points and I appreciate the response. Do any of you think the Jalpa, due to its low production, could experience price increases over the next couple of years? I think the one that sold at Mecum Harrisburg was below market and seems like a nice car. Or is it the 12 cylinder cars that have historically experienced the increases? I have also seen some really nice cars overall but have had total repaints. Obviously that affects the value but is there any industry standard on how much assuming the car is straight and ok otherwise? Let's face it, a lot of the Countach's were used pretty hard for many years when nobody wanted them.
     
  38. Ellagirl

    Ellagirl Formula 3

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    Personally not shure reg Jalpa future values, although imo,it does not really represent anything extrordinary in the Italian supercar history,imo, reg Countache beeing driven and used hard during the unpopular era, i respectfully disagree, i think most of them sat around in small dealerships an privat garages, taken out on occasion,
     
  39. Ellagirl

    Ellagirl Formula 3

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    Agree, i notice you are doing far better than me, you got 4, i only got 1,for now
     
  40. EMILIO

    EMILIO F1 Veteran
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    #38 EMILIO, Sep 1, 2017
    Last edited: Sep 1, 2017
    Jalpa had usually a harder life than countach because they were cheap for some time
    my fother owned a 1983 one (Series 1) from 1990-2000
    it is a nice car, fun to operate and drive but honestly in look, sound; performance and history is not comparable to a countach imo

    i think they were around 25-45K euro cars at the bottom (one of the reasons many were bought on a budget and mainatined sparing money here and there...)
    now around 100K euro, for a good good one, in Europe and i do not see them going higher soon.

    the silhuoette on the other hand is much rarer and nicer looking and with the iconic bravo wheels i think is and will be probably even more expensive
     
  41. topcarbon

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    Can we draw a parallel between the Ferrari 8 cylinder 308s and the 365bb and jalpas countach market?

    308s had a bump in value but are now languishing.
    The Jalapa, although in limited numbers seem to exist in obscurity forever overshadowed.
     
  42. topcarbon

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    More of a parallel
    Veterosina and silhouette distinguish themselves as much higher values than their counterparts
     
  43. EMILIO

    EMILIO F1 Veteran
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    yes
    with a difference:
    the vetro is NOT mega rare, is NOT really different from the carbed 308s
    only difference being the ...30(?) Kgs of weight more for the steel one and the rear lights. period

    the silhouette has:
    - different interior
    - different gauges and dash
    - different body
    - different engine
    - different wheels (some jalpas were sold with silhouette wheels though)
    - probably quite a bit lighter
    - only 50 made Vs 410 Jalpa

    i think the premium paid for 308 vetro against same car in steel is too big

    while, with the silhouette.... i can understand the difference
     
  44. JasonMiller

    JasonMiller F1 Rookie
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    The countach is my favorite car, I passed on one for 60K and bought a testarossa instead (Wish I can do that over)

    With that said I have been watching the market for the last five years. Ebay has the SAME cars for sale over and over and the same price and NOT selling. I have seen a few that have been on ebay from the same seller for over a year on and off.

    If I can ever get into one for 150 I will sell everything else I own and buy one. So I personally hope supply and deman allow them to come back down in price but kind of doubt they will.
     
  45. Redlambo

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    Well seeing that they aren't making any more the supply is going to stay the same or dwindle. Therefore it is safe to say that if demand keeps increasing so will the price.
    It is my belief that the Countach's that you see for sale forever and ever are priced that way as that is what it will take for the owner to part ways with it. I am sure that every now and then one will pop up where the owner must sell for one reason or another, then a deal might be had. I would consider this the rare exception that a buyer must be able to react immediately to in order to secure it before someone else does.
     
  46. P300V8

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    #44 P300V8, Sep 1, 2017
    Last edited by a moderator: Sep 7, 2017
    The difference between rare and mega rare...
    F40_Silhouette.jpg
     
  47. Autosport

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    I think I Countach more than many other exotics, there is a big difference in price between a good one and one that has many needs. Just my opinion,,,,you will never buy a good one for $150k.
     
  48. Jalpa_Mike

    Jalpa_Mike F1 Rookie
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    Beautiful picture! Love it.

    Mike
     
  49. tbakowsky

    tbakowsky F1 World Champ
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    I think the countach has a serious case of "never meet your hero's" some things in life are much better left to fantasy.

    It is quite possible some of these sellers want out of the car simply because they don't like to drive it, and could be very disappointed in the car. Sure they look amazing going down the road, but you as the driver don't get to see it..all you get to see is a dash board and a steering wheel. Complete strangers get to see the real visual impact of the car, the driver not so much.

    Face it, the countach is iconic, for sure, but it's defiantly not a friendly car to drive,
     
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  50. joe sackey

    joe sackey Four Time F1 World Champ
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    It's true, some people are simply not up to the task of piloting a Countach effectively within what's comfortable to them.

    Also true, there are many poor examples of Countachs out there which end up providing disappointing ownership experiences.

    So there is merit in what you say, and its true for other makes & models too.

    I must be lucky, because I have owned many amazing examples of the Countach over 30 years, I've never regretted owning any of them, and I find the Countach easy to drive and enjoy, always did, and still do.
     
  51. ttforcefed

    ttforcefed F1 Veteran
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    joe have you done a recent value by countach type recently? curious where you see things
     
  52. joe sackey

    joe sackey Four Time F1 World Champ
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    Not recently, my life has been slightly overwhelmed by GTOs/F40s/F50s/Enzos, but I will get on it soon.
     

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