So here he has admitted to paying close to or exactly $160k for the car he hopes to sell for over $200k. Seems simple to me... Good luck Roy, that is one beautiful Countach!!
It's pretty widely known Joe sold this for the 160k area a few month back. Maybe Joe can give some more insight to that sale.
Also pretty well known that Roy had George do a lot to it, after his 160 initial sink. Besides, got a building, insurance, a house, and food to pay for, you know? I'll bet when all is said and done, Roy doesn't come out much more than 10% ahead on this car. Hell, the frickin' state of WA wants that much for doing what, exactly? Or do we intend to all buy vintage Lamborghinis for scratch above what the dealer paid? Pretty quick way to demolish all seller outlets, unless you want to buy the car from a homeless guy. I, for one, am not comfortable with that. Getting pretty close to its 1991 value, Roy, but not quite there yet! :Rant off:
You had to drag me into this, didn't you? Correct, I sold it from a Texas-based man to someone in the Midwest just under a year ago. This is a very nice example of what we call a 88.5 QV DD, one of the last series of QV DDs built at the factory with side-skirts to facilitate rear brake cooling.
I WISH it was that simple..I have nothing to hide and all records are here for review.. I paid $155K for the car, then to GE for over $75K, then $3K in tires, the $1k in expert detail, cleaning misc odds and ends, then $3,500K in transport truck fee/s (To GE then back to me here in Seattle) So my hard money in the car currently is $237,500 and some change. Then add my other costs associated with the car, tied up money, insurance, etc etc..so I guess you can all see that the car is not for sale for less then what I have in it..is it worth that or more..to me it is..and if you saw it in person and DROVE this well sorted one of a kind RARE car..I dont think you would think I was far off. Also, remember there is NOTHING left to do to this car, so you do not have to keep aside a few dollars for those "just in case" as with most cars..it is PERFECT..needs nothing but to be driven and enjoyed...which I currently am doing.
I just stated what was known. I think we all know Roy spent big with Evans and the such. AsI have stated with guy like Joe, Roy and recently discussed Tony from FLA who buys/sell exotics....they are doing exactly what they are suppose to be doing...making money...big or small. I am the one who has said, repeatedly in the past, that no Countach should be under $500,000 period. I hope Roy gets top dollar, it will benefit us all. Sorry to the aspiring owners. It's just my 2 cents.
I hope he finally purchased an alarm clock - of course, only after purchasing a Lamborghini logo key-chain .
I give Roy credit for putting the numbers out there. He didn't have to and not many would...i was going to remind everyone that forgot that Evans just rebuilt (and improved) this entire motor. That is not cheap. I don't think the question should be "why" is it worth that much, but "why not?" We are all fans of these cars so what is wrong with expecting/supporting them going up in price? As time goes on, it seems more and more of them find a permanent home to someone who grew up wanting one and thanks to web resources can better understand what exactly they are buying. Better educated buyers means less turn over/ less flipping and less quantity which means you have to cough up more to play.
In a nut shell..took a good car and made it BRAND NEW and PERFECT car that I could drive from Seattle to LA and back with out a hint of worry to reliabilty.. Some may think "what the hell".....but, as I am sure George will tell you..I give a blank check to make this car and ALL my cars I have done TOP NOTCH mechanical with NO STONE left un-turned. I am not a "cosmetic" car guy, I am a driver that wants it the BEST of the BEST..which this car is and I will put it up against anything out there. It will bring years of pleasure to me, or another owner with basic maintance..the "exrta" for this car is that it looks as great as it operates.. SO, go ahead and buy something else, AND I guarntee you in two years, you can come back to this thread and say "Why did I just not buy something that was ALL there to begin with" The old saying of "you get what you pay for" could not be more true in the Exotic car market.
Roy, I am sure he takes very good care of you and your cars as you're his top customer. Buy what does one get for $75K if it excludes cosmetics? What did this large investment cover in form of work performed?
$237,000.00 plus some change..... Sorry, I'm out........Ha ha ha but it does look like a really nice car, and yup maybe it needs nothing.. Still out......
your are right. Overall I think we should discuss fairly but refrain from criticizing an ask price and potential profits when a car is ACCURATLY represented, with no very obvious flow and the price is not in lunatic land. Roys' car has none of thoses flaws. In fact for that kind of bill at G.E. I'll be curious to know if Roy did a top and bottom job to up the HPs a bit. I know Georges has that option and I have been thinking about this since I heard it. Having both kids in college and large house improvements have prevented me from going serious on this. Roy, if you did that job, I'd love to hear how the before and after. G.E mods are IMO in line with repecting the originality of the car (no visual clues). I beleive your previous black DD car had the top done by its previous owner. I recall that car being for sale in Canada around the time I was looking for mine. At the time buying a car out of the country was a bit scary. the internet was not as developed with info as of now and I did not know these car that well at all, let alone the process to get one in the US. The car was certainly cheap back then. I think that is when the guy from texas probably bought it. The funny thing is the car lasted thee quite a while. not much Countach shopping on thoses days...
I agree. A motor rebuild could be 25k-35k, I would not think that car had special needs as it was running very well. So i guess people are asking where 40k-50k went. I don't think so but was the car painted? Either way, whom ever is interested will get that info. I don't think Roy has to disclose everything publicly.
I am happy to share with all..maybe I will get one of my kids to scan all the paperwork so I can pst it..not smart enough to know how to do that.. But Peter, one thing I will say, Dont know who told you the car ran good..? Because it ran like CRAP..could barely get out of it's own way, very dis-appointing when I got it..AND the clutch was toast as well...just anothe example of GET it right the first time or spend the money and wait for it to come home.
Don't think you get the money spent on repairs when you sell. I'm about to dump 20k into my 355. I'd be pleased if I got half back when I sell. (which is never H20)
That's funny, because I have an e-mail from the man who owned it in the Midwest at the time proclaiming how well it drove! Anyway, you did a good job by providing the TLC the car needed (although I think the amount spent was staggering). Sounds like a nice keeper.
No offense..AND PLEASE dont take it that way..but you can NOT compare putting $20K into a 355, mass produced car, that sells all day long for well under $80K AND has no hope of increasing in the days to come as you can into any variatiin of a Countach. Put as a rule of thumb you are 100% correct in recovering maitance costs on a vehicle.
Funny thing I have found over the years..when some people purchase a vehicle they are not familiar with..or have not had a variant of that type prior, they are somewhat embarraseed or ashamed to admit an issue with their purchase. They just remain pretty silent and move out of the car rather quickly..and usualy at a loss onto another example, as was the case with this car. Keep in mnd, there is a "reason" this example, as other's have traded several hands in a short time period. It was in need of more then just basic TLC. My conversations indicate he will be extremely pleased with his replacement, that has been undergoing an exstensive "staggering" correction maintance upgrade as well at GE shop. It will be, as is this variant a keeper as well, for either himself ot the next proud owner.
I must admit, one of the most favorite cars I EVER had was a bright Yellow 355 Firano Edtion car..what an assume sound going through the tunnels at speed..a sound that was most intoxicating..
Like the Testarossa, the cost of mechanical upkeep, in relation to the value of the car, is an issue with a lot of potential buyers.
