Gallardo for less than $100G's?

It's a great car, no doubt!

 

You mean god bless high production numbers and a poor economy.

 

Exactly

 

I didn't want to say poor economy as it might upset some people on here.. it can be a sensitive issue especially for those that make a ton of cash in real estate..

high production numbers I'm not so sure about.. because I see many many more 360's being produced yet for some ungodly reason they are holding their value better than the lambo's..

having driven a 360 F1 and gallardo e-gear I don't see one quality of the 360 that would make it a better car..

 

That's because there are very few 360's with a lot of miles so everyone holds out on the price, Lambo drivers actually drive their cars so the ones with mileage fall.

 

I'm not sure about that.. because I have seen some ultra low mileage 04 G lambo's (10k and under) selling for 110k-130k..

you have to get a 360 w/ 30-40k miles to get a 80-90k car and it is usually a 99.. 5 years older..

my currentl goal is to get a 15k or lower mileage gallardo below 120k 04.. and drive it as often as I like..

I personally think the reason a gallardo loses value faster is the audi factor.. I think the gallardo is the only exotic worth owning in the 150-200k price range.. it's RELIABLE.. it can be DRIVEN 100k miles..

for people like me who love to drive our cars it's a blessing..

 

hopefully they go down to the 95k range.. That way I can convince my wife to replace the awful 3200GT ...

 

They say never to say "never," but I would never do the boomerang taillights...

 

Down to just 70 Gallardos for sale on eBay today...

 

I'm in the market for a Gallardo in the USA, as I will be moving to Illinois in August. I am astonished at how cheap they are, and at how many there are on the market!

I think the key to the Gallardo's rapid depreciation is that Lamborghini literally flooded the US market in its attempt to grow rapidly to a sustainable level (>3000 cars per year). Let's not forget the economics of the auto industry - Lamborghini by making barely 1000 cars per year was never profitable and always on the brink of extinction. Ferrari owes its sustained success to the sheer volumes it pushes through at very high prices. In order to become a long-term viable business proposition, Lamborghini had to grow fast too. And the best way to grow for a supercar manufacturer in a bullish economic context is to flood the US market. It's economics 101. The downside? A flooded market responds with rapidly deflating used prices. Ferraris don't deflate so much because of the endless waiting lists for new models effectively shoring up the residuals of older cars.

For me, rather than buy a 7-yr old Modena of uncertain history I'd rather get a much faster and more reliable 3-yr old Gallardo at the same price, so I won't complain about Lamborghini's business strategy ...

 

Add another one to your total. I just listed mine on eBay. I love the car. Now having a 1 year old child, I have no time to drive my exotics. Time to let one go. I am keeping my F430!

 

And if you sell both and put the money together isn't there anything that you like that you could replace the f430 with?

 

Well said. Good post.

And a used Gallardo stacks up very well pricewise, performance-wise, and looks-wise against a 360.





(does that mean that I'll be writing a Gallardo Primer if I go that route?!)

 

There is always so many toys to buy. I am quite happy with both the F430 and Gallardo. I don't know what I would buy if I was to sell both of them. I may be interested in the new F149. It may have small jump seats which would be perfect for my daughter. Can't wait to see.

 

I don't want to judge your choices, but I'm very curious to know why you chose to have two supercars belonging to the same class.

I love the F430 and the Gallardo, and I am soon going to buy either one or the other - but I wouldn't think of having both at the same time - they are just too similar at what they do and how they do it. For example, I'd rather have two totally different beasts, such as a 599 and a Gallardo, or an F430 and a Murcielago, or perhaps a convertible - or perhaps even have a 4-seater like the Maser Granturismo alongside the F430 or Gallardo, or maybe a classic...

I'm just curious. It seems like a very unusual choice to have two cars of the same segment, same class.

 

One thing I am also noticing is that some dealers seems to follow the depreciationg curve.. while others still insist on keeping up the prices high..


there are almost identical cars with similar miles and options selling for totally different prices up to 30k..

I am convinced since my pal sold his pristine 10k mile well optioned gallardo last summer for 128k that I should be able to get a similar one for 110-120k this summer.. though some dealers are pushing 140-150k for that very same car.. I do not fully understand that reasoning..

It's more a matter of principal than anything else.. I see a 10-20k 04 egear gallardo to be worth 110-120 right now.. if a dealer is asking more they have to convince me why they are.. and so far the ones I have spoken to aren't able to do that..

 

I just wanted to point out that Lamborghini has not made 3000 cars per year on the Gallardo..there is a little more then 2400 cars in the USA since MY04 or 700 cars per year to the US...

 

I take your point, but this brings me back to the original question: why are Lamborghini depreciating so much while Ferraris of the same age aren't? Is the brand equity of Lamborghini so low in the US compared to Ferrari?

Where I come from (Switzerland), Lamborghini is considered on a par with Ferrari, and actually the Murcielago is more highly rated than any recent V12 Ferrari apart from the 599 (for example, an '02 Murci with 55,000 miles is for sale in Switzerland at close to $200K; compare that to a beautiful black '03 F575M F1 with 19'' split rims with 40,000 miles, which is for sale at $115K).

 

Well, we don't get much rap in Europe... it's more of a fringe thing for teenagers. I'm kind of out of touch with the rap kulture and all that. For me Lamborghinis are just nice Italian cars that sound great, look great and can give any Ferrari a run for their money. But then it's just me... maybe I'm wrong

 

I have thought about this question alot, and I think it's of because the dealers themselves...by wanting to move cars off there floors like they were selling Chevy's so a willingness to cut and run on there prices..

This creates to the public a prespection that the prices are falling and there more cars on the market then it can support and by leaving there Gallardo's listed for sales, the public belives they have there pick of the cars, add that to dealers and salepeople not knowing how many cars are truly out there for sale, they end up dropping there prices, and running..some dealers try to hold the cars at there prices, but the prespection from the public wins everytime..whereas Ferrari dosent do this...they hold there price, they make the buying process harder..thus car stays high in demand, the prices stay high...Imo!

 

OK, so how low will the Gallardo's value drop to? What will it bottom out at? Will it be around 50K like a nice 328/348 or? If so when? My guess 2015 or so.

 

IMO..It's all up to the dealers..

If Lamborghini dealers today boaught every car brought to the US, they each would get around 80 cars (forget the wrecked cars)...thats 6 cars for sale a month for each dealer...faaarrrr less cars sold by any of the Ferrari dealers...but Ferrari dealers make it harder to buy..demand stay high, so do the prices...inmo anyway

 

Excuse my ignorance of the US market - but how do Ferrari dealers make it "harder" to buy a used car? Can't I just walk into a dealership and point at any used F430 (there are plenty on cars.com right now), show my immaculate credit rating, leave a cash deposit and drive off with the car? I mean, that's just what I used to do in Switzerland - call the dealer, organize the test drive, like the car? sign the contract and off I go. I can't see how they could make this process "difficult" for a used car that is advertised with a clear selling price.

 

Ferrari's here in the US are sold by "list"..Dealer have select customers that get to buy cars at MSRP..after that the cars are all sold over MSRP....When Ferrari dealers do this it makes the demand go up, and when used cars hit the market, they to are in high demand! THe perseption that you can not walk in to a dealer point to a car leave cash and drive home is alive and well with Ferrari....

..Cars.com and the others are very misleading as to how many cars are sitting on dealers lot..We have talked about in this thread...and in 360/430 section alot...