so I have a friend with one .needs engine rebuild what are these things worth? he says he wouldn't sell for less than 1 million.Is he dreaming? late s a/c ,ventialed disc brakes,leather interior think vin 4725 red/black
Consider the cost for rust removal and restoration (perhaps new paint and interior and obvious mechanical restoration). Add price of a restoration to the cost of the donor car.
I would not feel comfortable paying over $800-900k especially for a engine rebuild AND if the car has rust.
car came from penn originally. it needs new belly pan this guy has owned it for 30 years car is in california
So much is condition dependent even knowing it needs a motor rebuild. Perhaps this would be helpful: 1969 Lamborghini Miura P400S | Monaco 2014 | RM AUCTIONS '69 S chassis 4155 sold just a few months ago for +/- $1.1M. Results yet to be posted on the 69 S at Monterey. Maybe someone who was there knows. I would be very surprised to hear of anyone willing to spend $1M in the current market on a car with needs like a rebuid or more. It might be unproductive to speculate on market direction as it could turn on a dime. In a year that might be thought a bargain, or the height of a bubble. PM me and we can discuss further if you prefer. edit: I just saw your post from a minute ago. New pan? No, this is not even close to a $1M car.
There is a lot of money around the world looking for a home. With zero interest rate policies, gold hovering between $1275 and $1325, no inflation and the fact that the currency you are in now may depreciate against the dollar. Don't be surprised at the prices paid.
The RM car sold for $1,265,000. Therefore the seller is right to ask for a cool $1MM. Restored at $1.3-1.4MM all in you have a great car. There are not many choices today in the Miura market. Go find one! $100k up or down should not make a difference. Geno
