Official Countach Value Thread

I agree , let's hope so.

 

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yes, i think they are the same

p.s. i have a pair of spats for lowbody cars (S1 and S2) for sale

 

Hi everyone,

I have a small question to ask, that I think most of you posting can answer...

Why have the prices of the 25 Anniversary editions skyrocketed by 300-400% since Late 2012-2013? I am flabbergasted by what I am seeing at this moment!!

I joined because this is the only place I found online that can possibly answer this question.... I was considering to buy one within the next 2 years and I think I should instead prepare myself to say goodbye to my childhood dream... Is this just a ridiculous artificial inflation by dealers?! Can't believe people are ready to pay that amount for this car when it's competitor, the Testarossa, goes for 50-70k! I remember in 2004-2005, seeing this car go for 70k was typical!!

Thanks in advance for your time!

 

All of your questions are answered here already if you care to read through these threads.

 

As a countach owner, I dont like the answer I would give you publicly so I wont give one.
It should be clear to anyone following these things, the past year have been a bit too brisk.. there is an overall global asset bubble formed and its is not just some cars.

You will NOT find a 512 at $70K today that is not a basket case. $100K+ is more like it.
If you have 2 years and want to ave a bit of money, wait til next year bit but dont expect a countach at $100K anymore.. $70K is more of a good 308 these days.

I personally have started to look into more recent iconic cars that are way underpriced and bought one in the best possible shape possible. I cant tell you none on those are italians.

 

XJ220 ;-))))!

 

I did read through dozes of pages, but who would go through 170 pages to find maybe 20 posts that explain my question... Not being lazy, just being reasonable...

I actually wanted to call a bubble but didn't want to sound like a "know it all" in my first post, because in all honesty, this car is NOT worth the going price at the moment. The price has exploded beyond ANY reason in the span of a little over one year

(Sorry to break it you Countach owners/lovers/aficionados even if my wall is adorned with this:

)

Like some of the posts I read through this thread said, we will probably never see sub 150k prices again, but the 400k price is absurd no matter how you look at it. It's an artificial inflation / bubble waiting to burst or people with too much money on their hands just keeping the value of this car where it currently is even though it shouldn't be... Yes, yes the laws of supply/demand governs all, but the price is still over-inflated.

There are a lot of cars that fit that description (unique design/engine) but you don't see any of their prices going up 300% in one year.... I can say the 959 shouldn't be worth less than 1 million considering all the technology and R&D in it...

Most exotics have gone up in price in the last 3 years but at least it's been in somewhat slow/steady increases....

 

Hahaha! Agreed! I'm actually very happy to come across this thread/forum. Very interesting reading when I'll have time to kill!

 

Supply & demand...

Regardless of year I’m more inclined to compare the Countach to a BB, not a TR.

Curious what you believe the value multiplier should be for the Countach as compared to a 300SL. Note 3200 300SL’s, 2000 CT’s.

 

I think a lot of the P cars have bubbled up, but I am not in the camp of the Countach being a bubble car. It has languished for far too long and I don't see any drops of $100K from current pricing levels ever happening. Too rare and iconic. There will never be another Countach.

 

FWIW. There is a big difference between appreciating one from a poster, which many did for many years. Those who chose to act on that dream see a different side. Drive one, own one, read the history, that's why they are worth what they are worth. Just a misinterpretation on what a Countach and Lamborghini is historically.

If you read the Miura and Countach threads in their entirety you may understand why. They are each approaching 2 million views for a reason..... It was a special time that created the whole modern supercars genre.

 

Your not the first buyer looking for a Countach to feel the price correction should wait a little longer.

 

I think they are still way undervalued IMHO. Some think these should be lower. But........

These are iconic Supercars for a generation of people.

Just look at this thing.......
Image Unavailable, Please Login

 

Beautiful photo, Jay!

Mike

 

So much jealousy, can not contain. lol

Thanks for all the response/input everyone!

I just hope all my hard work and effort will pay off before this car's value inflates to that of an f40 hahaha

 

Values of these cars are always slanted by opinions.To clarify my prior post, I am not saying that the countach is not worth $500K. no one should expect the CT to go down to $100K or even below $250K. A price correction would not be a price crash.

My argument is actually not about what the ca is worth but an historical factual comment about rapid increase of an asset value. Even if the Countach is worth $500Kthis has been acheive too fast in an hyperbolic fashion at a time where there are many other asset bubbles formed and during an easy money policy period. That is why I am convinced exotic cars that went thru an hyperbolic appreciation will go thru an "adjustment".
The 3x8 is another car that will get hit hard for those who bought well over $50K. but again I dont pretend to have a crystal ball. I just enjoymaking predictions based on past assets behavoir and logical sense. I could be totally wrong and we could be one more time in a "new era", like during the Internet millenium years

 

Don't forget the exotic car bubble/crash in the late eighties/early nineties. History usually repeats itself. Good thing I could not afford to play, as I saw many loose their pants. When prices go up too high you have less people who are able to play hence less demand. I know at these prices I would have been out. We can just wait and see. I remember when the first 89 sold for over 200K...I said they were crazy....what do I know

 

...Except this time people don't go buy new Testarossa and think it would get higher. There is Youtube video (VHS) that local F-pimp actually promise "it would price up"

 

I was unaware that the Testarossa was a competitor of the Countach. If I am not
mistaken , that crown was worn by the 512BB, To illustrate this point, posters do matter.
The Countach image has adorned the walls of many a young lad throughout the 70's and 80's and beyond. (Along with Farrah) These two F cars --not so much.
Testarossas and 512BB may be exceptional cars, BUT, they do not possess the dramatic
persona of the Countach. To arrive at a destination in a Countach is an event. It makes
a distinct statement upon arrival. No one cares about the driver, its the car that is the celebrity. I can think of no other automobile that has that kind of impact on mere mortals. These points notwithstanding, it is my understanding that something like 8800 Testarossas were built. There are many more Testarossas to choose from than Countachs. Not to undersell the Testarossa--(I have heard it said that Ferrari may never build another Mid Engine v-12). Perhaps there is value there. Hmmmm Supply--Demand will most likely rule the day.
In any case, as Michael points out, none of these cars are available new upon demand anymore.
India and China create a myriad of new millionaires each year and that may well drive
demand to levels that none of us could have anticipated. Remember Japan's impact
on the art market in the 80's.

Minotaur
"In God We Trust, all Others Pay Cash"

 

While indeed the BB was the competitor of the early countach, Peter is right to point out the early TR was competing with the later Countaches. These cars were made during overlapping years.

We have seen TR sold well over $100K lately. The problem with that TR is its fragility and frequent need for expensive maintenance. A friend of mine was seriously looking at a purchase in Aug /Sept and I was helping for some research.

3 weeks ago,the story ended and now we are looking for another model. All cars seen were overpriced and under-maintained. Some cars had no run is many years and the owner said "need nothing". A TR not running is an engine out. Period.
A seller told us that age of tire dont matter, conditions do.The tires were original from 86...Lots of BS out there. Such talk is great for those who build a museum, which a lot of people seem to do these days, not if you want to drive.

What I never understood is why the TR seem to be elevated higher that the Boras which are more rare.

 

I never heard many stories about the belts coming apart. I purchased a one owner BBi, which had gone almost 15 years without a belt service. The car was taken care of and driven. From 1983-2005, the car had one belt service.

 

I thought these posts would be more appropriate here:

http://www.ferrarichat.com/forum/143491379-post2543.html

http://www.ferrarichat.com/forum/143491416-post2544.html

http://www.ferrarichat.com/forum/143491580-post2547.html

http://www.ferrarichat.com/forum/143491632-post2548.html

http://www.ferrarichat.com/forum/143491684-post2549.html

http://www.ferrarichat.com/forum/143491706-post2552.html

http://www.ferrarichat.com/forum/143491713-post2553.html