Official Countach Value Thread

These cars were symbols of wealth and power when new, and I fully expect them to do the same going forward in the long run.

Muscles were for the hard working, blue collar American man. And thus the prices overtime should reflect that. Lets be honest, some Russian oligarch, or Chinese wealth coming into the market for cars probably wont be looking at a GTO Judge or a Hemi Cuda. But will they look at Lussos, Countach, Miuras and on and on as automotive milestones from a bygone era of motoring? I think the odds are in your favor that the good cars dont become just some old car......

This is general and not to say that the market cant go up and down. But in the long run, people will look back at this era with all their wonderful hand cast parts, wonderful sounds ect favorably as somewhat living works of art. I'm into these cars for the long haul, and to enjoy them fully along the way.

Time will tell all though. Just my thoughts of course.

 

I wonder if the ever increasing prices for new cars from the factory has brought more interest in the old cars.

 

More to do with steep depreciation on most new metal

 

Friend has a 25th 1989 carbs, repaint, been sitting for years. NOT in North America.
Any thoughts on value, A: Like it is. B: with fresh paint and detailed out.
Chadbourn Bolles
803 532 6257
email: [email protected]

 

Contact Luigi and see if he's interested in adding another to his stable. He just added another one last weekend. He's got 3 CT's going on 4.

 

Amelia Island Countach QV went for 290k dollars
R

 

Yeah, 290k + 10% premium...

 

Estimate was $325,000 - $375,000. So at $290,000 it sold for $85,000 or around 30% below high estimate.

 

Wonder why?

 

It's a indeed a real pleasure seeing the British RM auctioneer in action, working. He is fantastic. Compared to other auctions he is actually talking to his audience. Not like the other auction monkeys who are full of BS crap and are actually saying nothing understandable and then at ultimate intense high speed.

 

Hard to tell, but the car did not seem like the very best example out there based on the bunch of incorrect features. So the $319K is market correct IMO.

Geno

 

That's because he auctions cars like one auctions a fine piece of art, not like livestock.

 

Price reached what we talked about. close to $325K total. Ithink it is a very good sale. $375K was pie in the sky because for that price, it was competing with excellent cars from europe curently for sale.

Anyone has any pictures of the car while presented? All the incorrect details were supposed to be fixed by the time fo sale.

 

When I saw it Thursday night it still had an incorrect steering wheel.

 

Because "estimates" don't matter. It sold for exactly what it was worth, because THAT's
what someone was willing to pay. Some responses here seem disappointed at the price
but i think it is great.. much higher than previous sales of this version (250 range). Remember about 6 years ago (i think) when John in Maryland sold the pearl DD to Tony in FL? i think it traded for $120.. (now it is back where it started: Cali).

 

Congrats to the new owner.. lets hope he or she shows up HERE

 

Yes, that would be cool, if it's a she...
Wonder if it went overseas...

 

When they say there were 13 DD cars imported to the US does this include the grey market cars such as mine. And if they are separate, does the market prefer the "imported cars" or the grey market cars as far as value.


My story is similar to the car that sold 2 owner 14K kilometers, but not repainted and the only thing I changed was the ignition but I kept the original.
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The fact is, that car sold for double what anyone on this thread would have paid for it just 2 years ago. 100% return in 24 months would make even a Wall Street Wolf smile. I am willing to bet it will double again in the next 24 months, $500k for a car like that in 2016. Arguably the most exotic sports car ever created, especially if you take into consideration when it was created. It has stood the test of time and is still stunning today. Under 2000 created over a long period with cars scattered all over the planet. They are so expensive to restore and make right, if you own a very high quality car it will never be worth less than it is today. The train has left the station, hope your on board.

 

I will say, when that car entered the room, almost everyone stood up to take a picture. There's nothing like a countach, and there will never be anything like it again. I expected bidding to go to $400k. It was a nice car.

 

Would you rather have and deal with a legal import with bumpers front back, and whatever else was done to make it US compliant or a euro machine snuck in and very lightly modified to pass?

 

That is true -- lots of picture taking. I think it was a decent result. It was just not the spectacular jump that we are seeing in the Ferrari market. Having participated in both vintage Ferrari and vintage Lambo ownership and having attended a lot of auctions over the past few years, it would seem to me that a key difference is how much thinner the vintage Lambo buyer market is (the professionals can comment here). Relatively speaking, there was not vigorous action among a large number of potential buyers for this car, and it petered out pretty quickly.

Besides the action on Daytonas (which appear to have made their move up this weekend) and Dino's (which now seem to be consistently selling in the high $300s to low $400s, and more if something special), witness the RM Blue 365 GTC/4 -- that hammered at $305k. Now, the 365GTC/4 is a great driving car, and this was a Platinum winner, but hard to argue that it is anywhere as near significant in automotive history as the Countach. Just a deeper market of even casual collectors who want to participate in the Ferrari market. On the other hand, we Countach owners are a sophisticated bunch with discerning tastes who will only settle for the icon of a generation! The market for our cars is moving up nicely relative to most other investments, just not relative to vintage Ferraris. And by the way, not everyone looks at their Countach as an investment, as we know -- it is a hell of a fun car to drive. Nothing like it. We should feel good. Seems like more to come with these cars.

Kirk

 

The car sold VERY well considering its condition IMHO. After fees, taxes and correcting the issues this car is a $350k car all day long.

I for one am happy these things are not 500k-1.0m yet. Ruins the best part of the car and thats the drive. All the price increases are great but as each auction passes, it makes it harder to want to go fast.......

The market may be thin for Lambos while people are worried that if they dont buy a GTC/4 for 300k they wont ever get a Ferrari. Thats alright with me. One day I expect that to change when people realize. I dont really understand the craze for the Ferraris.

A real good DD should be approaching 400K at this point if not already. NO ONE TALKS ABOUT HOW THIS IS THE ONLY 4V V-12 DD CARB'D CAR EVER MADE FOR THE STREET. It has no equal in this respect. Enjoy the cars before you feel like driving them is to big of a liability.