Official Countach Value Thread

Add in the tax consequences and getting another one will be very painful.

 

It is odd. I expected many more to become available by now. Maybe the prices have risen so much, no one wants to get off yet.

 

My car was built as a carbed car for the 1982 Geneva show and was the first 5 liter car built. It was later used as a test for FI and used to pass the US tests. When it was restored, it was put back to its original specs as it was shown to the public in Geneva 1982. I don't think that anything had to really be done or undone as the car was originally built to accept Webers. Joe, I could be wrong, but didn't you advise the then owner and Evans automotive to put it back completely to Geneva spec? Regardless, this car absolutely howls.

I don't drive it much because I cannot stand the attention it gets but at 5am, when the sun is rising against the Colorado foothills as I race down the empty highway, there is nothing more glorious than hearing that carbed V12 sing.

The problem with owning the prototype is that you own more than a car. You own a piece of history. It's the company's history, it's your history, and it's the history of the millions of Countach lovers around the world. It's a little daunting.

 

The situation has become a dilemna for those who drive the cars and are still counting what it cost to keep them on the road.
Spirited driving a $250K car the week end is, at least to me quite a different deal than spirited driving in a underinsured $600K (and lileky climbing) car. That change is occurring over months.
If we ever reach $800K (as I understand there is a queue of buyers for the countach even at todays price),we get into some serious money territory for a car. I am not a 8 or 9 figures net worth guy so high flying collecting is not for me and having sitting cars in my garage is not what I want. I am sure it is the case for most of us here.

So what do you guys do if your car reaches let say $800K? We all love our cars and that is why even at around $500K most may not be that serious in letting go. But as the stakes are going higher to pry the cars out of our hands they are a lot more pragmatic considerations that come into play that are dont exists at the $250K-$300K level.

 

Having owned and wrenched on my 88 for 20 years and having a 1980 side draft before my 88 i think prices will be going one direction, The Countach is second only to a Muira as an exotic but both are still relativily easy to work on, no all wheel drive, ABS, plastic or electonic gadgets. Same comparison can be made to a 79 930 turbo to a modern porsche. At 56 i'm not the young buck i used to be but i can still muscle around my lambo or get in a 930 and run it to 150, Hopefully future buyers will drive them, only thing better than seeing a Countach coming towards you is being the driver behind the wheel.

 

Buy it now listing already gone $175k Red 89 KLA12647
Lamborghini Countach 25th Anniversary Coupe 2 Door | eBay

 

The low selling price maybe reflected in the second photo. The back ground shows a summer day but the exhaust is saying cold winter morning. I can't recall ever seeing one smoke like that.

 

Are you really going to bash this guy's car publicly over and over? You're on a public forum saying it's not been serviced properly, implying that the guy went cheap on the maintenance. It's a free country and you can say what you want, but you might take a bashing in return.

 

Dude I will state my opinion as I was working with the seller last year to buy my THIRD COUNTACH. When he could not provide maintenance records especially after the car sat at the Peterson museum in LA the deal went south. You need to mind your business and stop trying to bait to me.

This guy simply does not get it.

Talk to the hand!

 

For the record I'm not bashing anyone's car. I'm just stating facts.

I will never get involved in another Countach purchase unless it has been properly documented. I already went thru this once before and it cost me quite a bit of $ to correct a car that was sold as a perfect running car.

Elvis you need to get a life buddy. Better yet if you do have a Countach please sell it ASAP while the going is good.

 

I myself typically do not buy two of the same car, however with the Countach I would make an exception as I love triple white. My wife loved the red, guess what I got the red.

 

That brings up an interesting point as in some states you are not required to declare and pay sale tax on a used car if sold by a private individual to another individual. How can the state and the feds gauge this accurately? Cars have expenses, maintenance, storage, insurance, registration, ect.

I have a close friend that has approximately 30 plus cars in his collection.
The only time he got stung on taxes was when selling a car overseas as the wire transfer through up red flags and the feds wanted their cut. He owned that particular car for over thirty years and was told by his accountant to produce as many receipts and expenses related to his ownership as possible.

 

Great post! I can almost see the image in my head of your car screaming along empty roads.

 

Was the auction car a 400 or a 5000? Conflicting reports.

So what would my car be worth RHD 88.5, 18,000 MILES
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Hopefully not a repost

1989 Lamborghini Countach 25th. 18K miles, Blk/Blk, $299K
1989 Lamborghini Countach for sale | Hemmings Motor News

 

Greg, sometimes even I can't keep my inner Cannonballer down.

 

I usually have two of each car I collect. The good thing about having two of each car is that if something is missing or goes wrong you always have a reference you can compare without taking it to someone.

 

Being from the area, my mind runs wild with the possibilities, the choice of beautiful routes nearly endless.

 

Elvis...........well put

 

Ok, let us get back to Countach values.

 

What to think these current values?

-As an owner, it is nice, that more people have found what Countach is as a car, It is nice that they are ready to pay money for one. But for an current owner it does not matter what car is worth. If I would sell mine; what would I buy to replace it? Newer car, with tamed down charactics, nice to drive to the local shops, easy to park? No... they will never make car like Countach again and as owner I don't even see car from it's exterior, only what it feels to drive.

I would keep mine, drive it untill I can't press down clutch pedal, then I would sell it for next one.

And if you ask anyone out there; to name a car that is an icon? among those awnsers will most surtanly be; Countach, why would it stay undervalued? Hand made car, Tubular chassi, aluminium body, carburated mid engine V12, makes noise like nothing out there, after all this time still is very fast car, car that everyone recognises, but only few have ever seen. What other car is there that has similar specs?

 

Looks like some comments are missing

 

Please kindly keep the discussion about just the cars.

Please take all of the personal issues to other off topic and or outside the website.

Thanks.

 

Yes, I thought that was pretty neat, and its current original guise is sublime.

 

Hi all.
I'm preparing to sell my '83 5000 S. I've had it since 1999 and no longer drive it. It's got 10,362 km (6,434 mi) on the clock. I have read in this thread that the prices have gone up considerably in the last year or so but There are very few prices that seem to be solid verifiable (by me) numbers. Last fall I saw that the prices seemed to be rising and thus my insured value is way off from what seemed right at the time. I talked to my State Farm guy and he was willing to raise the value if I could prove what the cars are actually selling for. I couldn't get any real numbers at the time so I have been storing at my house since then. At my current insured value there is no way I'll drive it out of my subdivision. So, what I'm asking here is:

1. What's the best way to sell it?
2. Any ideas on how to get actual sold prices to help me set my price point and get my insurance to where it needs to be.

I've thought about getting it appraised but I tried that a few years ago when I sold my Maserati Bora and the appraiser who claimed to be knowledgeable about Italian exotics gave me a number which he admitted could be way off as it was not based on any recent sales. I ultimately sold it (for much more than what the appraiser thought) to a guy who just called me out of the blue so to speak.

Any help here would be greatly appreciated.

Thanks

Steve