For a FAKE that he can drive anywhere he wants, park anywhere he wants, easily repair, and enjoy. Frankly, I bet his investment is more like 50K for a car that's worth 25K, but isn't that the case with any restoration/build? I can't think of any car that is worth what you put into it if you pay someone else to do the work. Shiny Side Up! Bill
I know of a few cars that have been fully restored by a professional (other than the owner ) that became worth much more in the end than the original cost of the car + the restoration. It depends on what car, how much you paid for it, and how much the restoration cost was. By the way, I have always driven my REAL Miuras anywhere I want, parked them anywhere, (relatively) easily repaired them, and enjoyed them.
I should also add that I'm aware of owners of REAL Miuras who paid $10,500, $18,000 etc, and those cars are all insured for in excess of $250,000 today. Ive tried to think of a single reason to own a replica. And failed.
I can understand that point of view... it is the same with people who will modify a car as compared with those who will only restore one. Each has their reasons, and each usually cannot fathom the reasons people in the other camp do what they do. Oddly, I somehow fall into the middle. I love a well built modified car, and I completely appreciate those who restore them. I love the work and effort put into that replica Miura, and I can imagine how much fun it will be to drive. If I were building such a car I would not put the Miura emblems on it because it is not a Miura, but I would not hesitate to enjoy the living daylights out of it. It will be a fun, reliable vehicle that will require minimal inexpensive maintenance. If you or I or whoever can afford to drive a vehicle whose maintenance costs frequently exceed the money most people spend on a car, that's great. Others cannot and choose a different route. Some do it for the image, and those I don't understand. Others do it because they love certain elements of a cars design, but cannot afford to own the real and very rare item. Of course I cannot afford such a vehicle and thus I drive a Thunderbird Turbo Coupe, but I can understand the thrill of being involved in building a car as I am building a modified Oldsmobile 442. I am building it because I love to build things, and I love the style of the car. I am also building it because I wanted a muscle car with a bit of modern luxury performance car. Anyway, thanks for all the information you provide, and the myriad of pictures I love to drool over! Now, back to the Miuras... more Miuras! Shiny Side Up! Bill
Can the debate about replica's be taken up on a different thread? This one needs to be kept to the subject at hand, which is Lamborghini Miura's. The subject of the thread is not almost Lamborghini Miura's, almost Miura's, look like Miura's, etc.
Um, isn't this post off topic? No more debate... no debate at all really... more Miuras please! Shiny Side Up! Bill
Photo taken from Motor July 1970. Interesting to see you could buy 4 E-types for the price of a Miura S. The Espada was only a little bit more expensive then the Miura S. Image Unavailable, Please Login
Thank you , I really appreciate it . even more interesting to realize how time affects value of weird cars compared to practical more useful cars and that also applies to compare today values in both the E-type and the Espada Also it makes me wonder why the Espada lasted into production longer than the Miura P.S. by the way ... what is the estimated ISLERO value today ? and ESPADA for that matter ?
its a simple formula; sale price = (market price of a concours condition car) - (restoration costs to put it in concours condition) x 1.25 That ensures that now matter how hard you try, you'll always be underwater, but still close enough to think you won't be!
There are some fantastic files from Fred P. "400GT.COM" site For example, here is the factory pricing for 1970: http://www.400gt.com/estes/factory_prices_1970/facpric1970.htm Mike
For example: This SV sold for $18,500 in 1972. Last week it sold for $855,000. Image Unavailable, Please Login
Miura S #4428 to be auctioned at Monterey by RM auctions. 350-450 K estimate http://www.rmauctions.com/FeatureCars.cfm?SaleCode=MO10&CarID=r334&fc=0
"This SV sold for $18,500 in 1972. Last week it sold for $855,000." That pretty much sums up why most could only consider owning a replica. Paul
I don't quite follow that logic, although I understand your point. To me, my aforementioned quote shows exactly why you should get real thing and hold on to it.
Here are a few photos I took today. First time it's been driven in over 24 years. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
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