LP 400 SOLD for $450K??

Always a new record price for the LP400, at this rate it will be $1 million in the next 12 months, heheheh. Sellers market

 

Taffy,

A few well placed comments if I may:

1. No, $450k is not a world record price for the sale of an LP400 Periscopa.
2. No, their prices will not shoot up to $1m in 12 months.
3. Yes, if you own an LP400 and are selling, it is indeed a sellers maket - with the proviso that it is an excellent car with a pure provenance.

Joe
www.joesackey.com

 

Three years ago, a decent driver was around 90K. - If you could find a car.

 

Funny....you have to wonder how much of this is real, and how much is talk from dealers and brokers.

Oh wait a minute, this is FChat -- it's all talk by dealers and brokers.

;^D

Fred

 

Roy, Are you talking about the car from Texas?

 

Ah but a gentleman cannot kiss and tell

Joe
www.joesackey.com

 

3 years ago I sold one for $150k (2004).

Joe
www.joesackey.com

 

I must admit you have a good sense of humor. I like it, and it makes classic car enthusiasm fun!

Joe
www.joesackey.com

 

Didnt you PM me to say you had "heard" it was one of my cars? Why being so coy on this thread? Cmon, say what you know....LOL. Its OK, nobody minds at all Fact is, unless any deal is confirmed with documents by seller and/or buyer, its all pure speculation.

Ive been involved in the sales of 2 LP400 very recently. Both around the "$450k" you stated, but NOT at that number. Sometimes I am able to share exact numbers of the transactions I facilitate (with the express permission of the owners involved) and I do so regularly on F-Chat to the benefit of all. However on other occasions such as in the case of these 2 LP400, I am unable to disclose any specific numbers, purely the wish of the parties involved. Another 3rd transaction will go through shortly (we hope) at similar numbers yet again. I would say at the higher levels, most of the deals I facilitate are unadvertised and not disclosed. With the older classic cars, the 'behind-the-scenes' market is just part of the picture as its been for decades.

On a related front a Wolf car has broken $500k, and another Wolf car is asking a LOT more than that...

BTW there will be a number of LP400 at Concorso. We will have to see what shows. These events can be full of surprises.

Joe
www.joesackey.com

 

Thank you for understanding that there are some deals that the principals dont want discussed. I always ask the parties after the deal for permission so I can share: sometimes they say "yes", sometimes they say "no". I simply follow their wishes and apologize for any frustration that may cause the curious.

With current values, I bet you must be thrilled when you recall the number I secured 1120194 for you at As always, Im here to help when I can.

Oh, as for my own cars, I never discuss their aquisition or sale publicly. There are a few others that we had better not talk about either.... My 'private' collection remains, well, private. Just my simplification policy ;-).

Joe
www.joesackey.com

 

i dont understand that myself.
its obviously your perogative, but you're involved in a site thats main aim is to keep a register of cars and part of that involves owners and ownership changes and obviously you need people to inform you of any changes in details so why so reticent on letting people know about your own cars.

its also my understanding (though i could be wrong) but isnt car ownership pretty much a matter of public record - eg most countries require you to register cars etc.

 

Many who own these type of cars feel the same way. I do in fact share some of my cars very publicly.

Joe
www.joesackey.com

 

Because of the shipper I use, the sales price, the invoice and the insurance amount must be the SAME. They are very strict and nowadays decline to ship unless everything matches. Owners do ask, but they decline. It keeps my life simple.
None of the deals I have facilitated has had the Netherlands as a destination. England, Germany & Switzerland are usually the direct destination.

Joe
www.joesackey.com