Lamborghinis at auction | Page 10 | FerrariChat

Lamborghinis at auction

Discussion in 'LamborghiniChat.com' started by jollygood, Jan 8, 2015.

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  1. roytoy2003

    roytoy2003 F1 Veteran

    Jul 30, 2004
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    Roy L. Cats

    If they were all of the same variant..maybe..but there not..
     
  2. jollygood

    jollygood Formula 3

    Oct 24, 2005
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    #227 jollygood, Apr 27, 2015
    Last edited by a moderator: Sep 7, 2017
    Two days left of this auction:

    Lot #290
    Location: Novato, California
    Chassis: 68570M
    Engine: 40458
    68,598 miles shown
    Sold with original engine
    Complete and solid basis for restoration
    Original Campagnolo wheels
    Six Weber carburetors
    Private Party or Dealer: Private Party


    This 1972 Lamborghini Espada Series II has been in the seller’s family for over 30 years. The car is complete but will need significant restoration. It is believed to have remained in the Bay Area since new – it has resided in Novato, CA since the 1980s and has benefited from indoor storage for the majority of the time. It looks like a great basis for restoration with original details and parts present including the original V12 with all six Weber carburetors. The engine has been removed and disassembled in preparation for a restoration that never materialized, and the entire project is now being sold as-is. The interior is rough but all there with intact wood dash, full gauges and instruments, seats, and door panels. The 4.0L V12 engine is photographed in detail below. 1217 Espadas were produced in their 4-year production run, 575 of which were Series II examples which retained the nice slim bumpers as shown here.


    In the early 1990s the car was refinished in it’s original metallic sandstone color. The seller says all factory glass is intact, and it’s great to see the original alloy Campognolo wheels which were more commonly associated with Miuras of the same period.


    The car looks to have escaped serious rust over the years, thanks to being garaged for most of its life. Bubbles are evident in the wheel arches and the seller says it has been sitting outside for the last 5 years and the condition of the underbody is undetermined. He believes the car is structurally sound. Note the hatch and surrounding area look quite solid. Chrome and badging appear complete and the seller says the body is very straight. We dig the vertical glass tail panel, a Bertone design cue that was copied by many manufacturers in the 80s and 90s.


    The interior is complete and door panels have been removed and are pictured in the gallery below. Original Veglia gauges, steering wheel, shift knob, Bertone emblem, and what looks to be the original Voxson radio all remain in place, and though the dash top will need replacement the wood looks to be intact. Front seats are dry and cracked and will need recovering, though the rears look like they can be saved.


    The original chassis plate shows chassis 68570M, indicating that this car was probably among the last Series II cars produced. The engine has been disassembled with pistons and camshaft removed and photographed. Engine #40458 is stamped in the block.


    The drivetrain is said to be complete with six Weber carburetors and the original Lamborghini valve cover included and pictured below. The engine has been thoroughly disassembled and parts organized, which should make it easier for the new owner to take stock of the situation.

    These were a polarizing design in period but have aged well, penned by Marcello Gandini who is also credited with designing the Miura and Countach. In stock form these cars were good for 345 horsepower thanks to a higher 10.7:1 compression ratio in the Series II cars, complemented by vented Girling disc brakes. The car is sold with a clear non-op title.

    Check out the entire photo gallery here on Flickr.
    https://www.flickr.com/photos/batexclusives/sets/72157652101049871/


    1972 Lamborghini Espada Series II Project | Bring a Trailer
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  3. Dan Ramlose

    Dan Ramlose Rookie

    Jan 28, 2014
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  4. Peter K.

    Peter K. F1 Rookie
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    Uh, don't know what to say......Winning Bid: $69,500
     
  5. vaholtorf

    vaholtorf Formula 3
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    Jul 7, 2006
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    This is madness, imo!!! It will take $50,000 (shop cost) to $100,000 (low end of retail restoration cost) to make it a $100,000 car! The math does not work. ie: $69,500 + $50,000 = $119,500 at the lowest possible end of the cost range. Probably much, much more. I think somebody is betting big on values of Espada to continue the upswing, so that in the two (or five) years it takes to restore the car, it will be worth much more. I don't get it, but I would love to restore it for the new owner! I love Espadas, but the market madness continues imo.
     
  6. Peter K.

    Peter K. F1 Rookie
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    #231 Peter K., Apr 30, 2015
    Last edited: Apr 30, 2015
    Well, we have seen members spend more than 100k to restore. The cars are selling between 120k and 200k and more.
    I have recently found projects ranging from 40/50k to almost 200k.....for projects! How does a buyer know he is buying right?
     
  7. red27

    red27 Formula Junior

    Sep 7, 2010
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    #232 red27, Apr 30, 2015
    Last edited: Apr 30, 2015
    Well KlimaLounge, the purchaser of the BaT project car, has apparently just sold an Espada at Techno Classica for €280k, and had another on their stand with an ask of €400k.
    So they are looking at the $120k bill with a big smile on their face...so long as they can turn the car before any market correction!

    Regards.

    Mark.
     
  8. roytoy2003

    roytoy2003 F1 Veteran

    Jul 30, 2004
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    Roy L. Cats
  9. Countachqv

    Countachqv Formula 3

    Apr 25, 2007
    2,350
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    Am I reading that an espada that was a $35-40K car a few years ago now got the hammer for ~$310K??!! and that the next in line is priced at ~$440K ???!!!
    Have guys in Europe gone nuts? Too much Greek interactions there? Can I sell my Countach (euro model) for the low price of $1MM there? (I pay the shipping and custom charges!)

    you cant be serious...
     
  10. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
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    What's interesting is that these prices emanate from Europe, where things are not that great everywhere.
     
  11. That is what I thought. Oddly I have a few car parts on ebay. One offer came from Rhone Alpes France and another from Australia. I just sold a KTM dirt bike that is being shipped to Poland. A truck driver came and loaded it in the back with a bunch of potatoes last night.
     
  12. Ellagirl

    Ellagirl F1 Rookie

    Aug 20, 2014
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    C mon ,guys, the market is flooded with cheap down draft QV s, from europe. Cheap euro,crappy european economy and so on. At least thats what i am told.
     
  13. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
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    Lets see what happens at the next major Eu auction at Villa Erba, Ive noticed some surprisingly low estimates amongst significant Italian cars, perhaps RM is figuring-in new market values, or this is their way of hopefully drawing more people in: http://rmauctions.com/lots/?
     
  14. amc

    amc Formula Junior
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    Apr 9, 2009
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    old school
    The rich got richer, simple.
     
  15. Ellagirl

    Ellagirl F1 Rookie

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    All jokes aside,lots going on in Europe (close to) to change many things in a very short time,including the high end car market,lots of turbulence,but also some light in the tunnel for countrys like Spain, Portugal, time will tell, as Joe mentioned,Villa Erba will be exiting.
     
  16. joe sackey

    joe sackey Five Time F1 World Champ

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    That is true in some areas, and that may change for many who are wealthy on paper.
     
  17. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
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    I noticed that as well. My guess is the latter, but time will tell.
     
  18. LNtoast

    LNtoast Karting

    Jul 11, 2013
    229
    THE ANDREWS COLLECTION
    2 May 2015
    Lot 192

    1990 Lamborghini Countach 25th Anniversary

    To be auctioned on Saturday, May 2, 2015
    showing 1,240 kilometers from new
    Without Reserve

    Sold for $451,000

    Chassis no. ZA9CA05A1LLA12049
     
  19. cnpapa24

    cnpapa24 F1 Rookie

    Jan 19, 2014
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    Wow.
     
  20. ttforcefed

    ttforcefed F1 World Champ
    Rossa Subscribed

    Aug 22, 2002
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    imagine if it was rosso perlato - wld have been well into the 500ks.
     
  21. jollygood

    jollygood Formula 3

    Oct 24, 2005
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    To me it looks like Klima-Lounge is trying hard to run up the prices.
    Apparently sold might be a key word here, but what do I know.
     
  22. jollygood

    jollygood Formula 3

    Oct 24, 2005
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  23. Amazing price. Wow is right. I'm guessing a fair amount of the premium could be attributed to the low mileage.
     
  24. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
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    So, you're suggesting that the difference between comparably-conditioned Rosso Siviglia and Rosso Perlato cars is $100,000?
     
  25. Ellagirl

    Ellagirl F1 Rookie

    Aug 20, 2014
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    Imo the Rosso Siviglia is a better color on the Countach. I like the Perlato,on a California flattbottom/ski boat,not on a Countach, just my personal taste,i would pay a premium on the siviglia or white, at the very bottom is black on black,also tahiti blue is extremely nice,
     

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