Official Countach Value Thread

re. Amari car - not any more!

449-mile Countach sold for £450,000 | ClassicCarsForSale.co.uk

 

that is a record price! probably around the amount LP400 sells for ....IMPRESSIVE amount is an understatement

 

Crap!!!

About 3 years ago, I passed on a brand new (factory miles only) Anniversary car from the Montreal dealer.

I was told it was the last remaining new Countach for sale.

They wanted $250k for it. I thought it was fully valued at that price....

Oops

 

problem is... if you use it... it will devalue considerably - I think its so high, due to the total lack of miles on it.

 

Red on tan? If so it's for sale in winnipeg at a Nissan dealer now. No idea what they want for it. Was just on eBay last week.

 

True.

Using it will be painful in several ways.
Imagine all the gaskets, rubber, and electrical connections.


In the US, a few delivery mile F.I. Anniversarios are floating around. If you buy a 150KM car, it will only be retained as-is for the next owner to keep the statue in his garage. Rinse and repeat the process of passing it along as a show display-only car.

 

The one I called about (if my memory is correct) was a darker grey metallic and was the third or fourth from the last car built.

At the time I had called the car had never been sold and with the exception of factory miles, never even driven.

 

Seems like a lot but one day in the future maybe not so much??

All Countachs are amazing no doubt, but remember, a DD QV is THE ONLY V12, 4 Valve downdraft carbd engine to make it into any street car period the end.

If you look to the carburetor era of engines, this is the top, and end of the line.

 

Is this true? Lots of stories on the web etc. I now start to wonder if I should lock mine away and not use it.

Naaa, sod it, it NEEDS to be driven!

R

 

Ah ok. I just remember the eBay ad saying it was out of Quebec so that's why I was asking the colour of the one you were looking at. Must be a few delivery miles anniversaries left. Think the one listed last week has less then 500km on the odo.

 

Remember reading about delivery mileage XJ220's needing around £30k worth of work just to get on the road.

 

My car has delivery miles too.

Each week it "Delivers" me to various car shows. ;-)

Mike

 

I don't understand the low miles thing (on any collectible). It turns a car into a true work of art - as in it has no purpose other than as the art itself.

You can only look at it, or it loses value. So, why not buy a high miles car for much less cash, tidy it up and look at that?

The only differential in values on some of these cars are the "newness" of an engine that can't be used, and which would need some serious cash to keep in working order, doing nothing! Makes no sense, and so seems unsustainable.

Also, if this is the true sales price, it seems strange why anyone would pay £200k over the asking price, (although I did hear last week that the car had provisionally sold at £235k, only for a late bidder to appear with a knock out offer).

It should, also be remembered that on top of the current worldwide bubble (IMO), there is a UK specific Right Hand Drive super bubble, where, for example, people are buying RHD Challenge Stradales for almost double what they could pay for an LHD one.

There is no sense in paying more for uber low miles, and there is no sense in paying extra for RHD (I have two LHD cars in UK and it takes 5mins to adjust). Yet, some cars get a double does of senseless and this is what can (maybe...) happen.

 

About ten years ago, I spoke with a Norwoods mechanic on the telephone about the XJ220. What a phone call !!! I could not wait to end the depressing conversation.

In the US, you cannot go to a typical Jag dealer and special order parts. At the time, one person was bringing in the parts for the US market. Head gasket $1,500. FYI, a special gearbox oil for the transmission was no longer available. No shop manual exists for the car. Fuel cells/bags have to be replaced every four years. The car must be completely taken apart to replace the fuel cells/bags. Don't wince, if the shop gives you a routine bill for $18,000 to service the car. He said F and L cars are cheap to maintain by comparison.

 

For a brief (and relatively inauspicious) while in the 90s, I raced open wheelers for TWR, and it's safe to say that there were many more unsold XJ220s stashed in the workshops than there are gaps in histories of Countachs!

Not sure where they all went after Tom Walkinshaw went broke. A lot were in Brunei, and the mechanics would go over at the end of the racing season to service, and also to catalogue all the other neglected Supercars, sometimes bought 3 or 4 at a time, and literally forgotten about. Cost of spares wasn't a concern...

 

$756,000 in US dollars. A 5000s. Can you imagine what one with a wing is worth?

 

Seems fishy to me.

 

Great if they got it, but yes, also why call it out as "miles" when it's RHD, and in the UK?

Am I correct in saying that RHD can be confirmed by the wiper position in the photo?

 

That's how I tell anyway..looking at the wiper

 

Wiper & rear fog lamp Larry.

 

UK = RHD / MILES
Rest of Europe = LHD / KM's

I have it on reasonable authority that the £450K figure is legit!

 

Up for auction. White/white 5000s, however it it looks like a S3.

1982 Lamborghini Countach LP5000S For Sale by Auction on Car And Classic UK [C491670]

 

I guess its not just "us":

"According to CNBC, the average price for collectable Ferrari automobiles has increased 70% over the last 3 years. Rapid market growth typically indicates a bubble is forming. With any luck, prices will stabilize soon, and won't discourage those who dream of owing one. "

-mick

 

Not surprising as when money is cheap things get more expensive.
IMO, that is half of what is at work here, the other half is the desirability.