Official Countach Value Thread

Oh, but the fine print that we miss, or choose to overlook during the bubble madness.......the speedometer and odometer don't work. So..........we actually have no idea how many miles are on that car, and in, fact, it could be a very high mile car!!!! We just can never know! So, that Stuart Warner gauge in that dashboard should be reason to pay LESS, not MORE! But during a bubble, we look for any reason to justify higher and higher prices, even while overlooking the obvious. During a downturn, that gauge would be a reason to hammer the hell out of the price downward!

 

Never pit a lying speedo against a bubble. The speedo will always loose.

Does anyone have any idea about how much past full factory restorations to new have cost? that should fix the speedo issue..

 

Exactly, these kind or rationalizations and more are everywhere for justifying higher prices today! Everyone wants the band to keep playing and never stop! The opposite is true when it pops. Every reason and rationalization is then used to push prices down......The dynamics are truely fascinating and a great study of human psychology...

 

Hi

I am the former owner of 1121154. I don't feel bad about selling - maybe if I had waited somebody would have paid more, but as mentioned above it could have gone the other way. In any event I managed to own a Countach for a year and get my money back (as well as giving my mechanic a decent amount of work, and getting the car back into proper condition, and seeing it go to a good home) so absolutely no complaints.

But I do miss it! With apologies to Ira Gershwin:

The way your paintwork gleams
12 cylinders in a V
The way you haunt my dreams
No, no - they can't take that away from me.

We may never, never meet again
On that bumpy road to love
Still I'll always, always keep the memory of...

The sound of your exhaust
The way we drove until three
How much your spare parts cost…
No, no - they can't take that away from me.

On a slightly more serious note, what continues to puzzle me is how the market values these and similar cars. It seems that originality is very highly prized (including the presence of original manual, toolkit etc), followed by documented history, and then overall condition. I can see how the first two factors are critical for some types of asset (e.g. art) where the risk of buying a fake is significant. However, nobody is likely to buy a fake Lamborghini believing that it's real.

I also can't see how documentation and service history from more than say five years ago have any impact on the driving experience. Which would you rather drive - a Countach that has done <1,000 miles but which comes paperwork showing that it has had a annual service, or one that has done say 50,000 miles which has had a documented full engine and suspension rebuild recently? But the first car is apparently worth several times what the second one is worth. This isn't sour grapes on my part; the market has been like this for many years and I knew all this when I bought my cars. I guess it's just another symptom of the shift from driver-owners to collector-owners.

Jonathan

 

Ah I think my dreams will never come true now. These are now going like rockets financially.

Countach stuns auctioneers to fetch £330,000 - Telegraph

 

That's the third 5000s to sell for OVER $500k within the last 30 days.

 

absolutely ridiculous...

 

I remember not so long ago, maybe two years ago $125k was about the max anyone would pay for a 5000s. Now it looks like we're headed into the $700k range before the end of the year. Who knows if the prices hold up another 18 months we'll probably see our first 1mm 5000s. Wouldn't that be something.

 

$250K for a good example is OK but not for that white car double the Price.

 

Why not? I think the Countach has been way undervalued for a long time.

 

there is no telling where this goes at this point but $500K for 3 cars in a month says something loud and clear: $500K is where they start today. the member who put his at $690K will probably sell it over the next few months.

400 are into the 1MM
QV DD are into the 600K+
5000S are as seen into the 500K

Insanity? the rise: yes. This value should have build over the past 10 years. The value? not so sure. Some lesser cars are at these levels. I also noticed that the last countach built is reaching the magic 25 years and maybe that is what changed the type of people buying them. They clearly appear used to buy more expensive vintage.the real question is will they keep them when things turn?

At $800K, i am not sure I would keep the car. I drive my car regularily and drive it using its potential when permitted. I could not risk something to happen with a car I drive at such valuation and I dont want a garage queen and at my point in my life my driving days are slowly numbered not to drive something fun.

 

that looks like a 400S

 

Out of curiousity, what is a low km good conditon DD anniversary worth in Europe or the US these days?

Mobile.de has them in the area of 200k Euro, or are the ads stale?

I need a third CT like a hole in the head but...

 

There is one drawback with rising CT values .... the cars will get locked away because the owners that before drove them will become too conscious on what they are worth. I had the good fortune to participate in many Lambo meets in the 80's and 90's. On any given meeting, whether it be the ILOC or a factory sponsored event (they were practically free back then) there would be a mix of 350s, 400GT, Jaramas, Isleros, Miuras, Sihouettes, Urraco, Jalpas, Espadas and all the different variants of Countach –The Miura suffered the same fate. Other "less valuable" brands such as Lancia or Alfa Romeao still command a very varied group of models and it is great to see club events for this reason. Most Lambo events in Europe are now composed of only post Diablo Lambos.
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I have the prototype LP5000S and I have driven it a few times this week. What an incredibly awesome car to drive. I go too long without driving it and totally forget how great it is. It was the car that covered all my walls growing up and was dream car until the F40 came out.

But I look at this stuff and I wonder what it's worth now and how high it will go. It's immaculate with a blank check rebuild from Evans just two years ago, with 11k original miles currently on it. I don't drive it too much but I do make sure it gets exercise but I start to wonder if I should be driving around in such a piece of history.

 

A human head (normally) has five holes in it....Therefore, I think FIVE Countachs would be most prudent;-)

 

Argento/Blu, a truly impeccable color combination!!

 

It sure is!
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I think the seller that has his for 695k is off. Around this time last year I was highly interested in his car. He was dead set @ $250k with zero service history and questionable chrome all over the place. I passed. Now he's @695k and the car sits exactly the same no service history & that chrome is still there. A smart guy (in this market) would correct the car & spend the money to get it properly serviced then he can try for $500+k.

I can't believe some of the guys here that claim they "love their countach" all of a sudden love the $ more.

You can replace $, you're going to be hard pressed on replacing your pride & joy.

I'm not even thinking of selling ours. My wife does have a point sell it within the next year, set that $ aside (properly invested), wait for the bubble to burst then buy 2 or 3 with that same $. She said if I do that she'll take a green one. lol

 

Hello Sherpa23, I love your car in that color combination!
Quick question: is it true that the FI to Carb modification includes Engine modifications? It is not an easy swap Bosch FI for intakes and carbs?

 

Didn't we, not so long ago, have a couple owners saying "I'd sell mine if I could get $500k out of it"? And now, crickets. Not that there's anything wrong with that, I'm just seeing it differently than you are.

 

In theory this work great as long provided they go down in price.
However if they continue to rise, you will never stop regretting the fact that you sold your one and only Countach.

 

I've had two for a number of years now. =)

I never bought any of my cars with the intention of selling them unless there's something else that I truly wanted and the price was right.

Most of my close friends tell me that I hoard cars. Now that the prices are out of control they are telling me I'm so lucky doing what I did. I don't think of it as lucky as I still have to maintain & insure everything at a much higher $ amount and level.