I agree with both. The Jarama is a 2+2, i.e. the rear seats are not really usable. The Espada is a genuine 4-seater., i.e. normal adults can travel in the rear seats at least for some distance in moderate comfort.
Some pictures taken 3 weeks ago by Laurent Berreterot. The weather was exceptional! Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Of course one needs to see the car 'live' in order to make a correct assessment, but any 'spontaneous' reactions on the asking price? The Gallery Brummen
Yes, I believe Espadas are still hampered by their status as cars only worth purchase price + restoration expenses. And given the tremendous run up in ALL cras the last three years I believe that equation's validity is tenuous. Probably not even that much here in the USA for a car such as this one. Earlier in this thread a car from Petaluma, California ws listed. That was a better car than this one but I believe it had a disassembled engine. "Rare second series car". Hmmmmmm IMHO until that equation changes this is as $15K parts car were it me considering it. But I don't live in Europe where the top cars "apparently" fetch more money? Buy a better original car or one already done ...
A little bit high for the heap of spares ..... . Only for the brave or a "money dont care"-person, if it is intended to bring the car back onto the road. P.S.: There is some strange fellow in Germany offering the body (and I mean naked body) of an Espada, without papers, and a somewhat desintegrated Jarama. And still no engine or gearbox with neither. For 85,000.-- € http://suchen.mobile.de/fahrzeuge/details.html?id=216569297&zipcode=&damageUnrepaired=NO_DAMAGE_UNREPAIRED&isSearchRequest=true&scopeId=C&makeModelVariant1.makeId=14600&makeModelVariant1.modelId=4&pageNumber=1#.... Wow . I would offer to remove the stuff at own costs and sweep the garage clean. Not more .
By the way, the advert says that the first registration was 01/1970. This is very likely wrong, it is a later car. In Dec. 1969 only 4 series II were made (made, not registered) and I do not know how many in Jan 1970. Nevertheless, the relocation of the clock and the levers for internal air distribution was later. Just as the implementation of a distributor/regulator for brake hydraulics pressure rear/front (see engine compartment).
If I want to access the Espada registry, only this site? Do I have to pay to see it? The International Lamborghini Registry
Well, "paid membership only" seems to suggest this . It used to be for free many years ago. As soon as it had filled up a bit, by owners information and photos, e.g., it was restricted to paying members only.
no affil just saw it on BAT edit: not SoCal... Bay Area rather sorry Dusty Project: $75K 1973 Lamborghini Espada | Bring a Trailer December 16, 2015 — Inspiration / Italian / Project | 20 Comments Dusty Project: $75K 1973 Lamborghini Espada This 1973 Lamborghini Espada is offered with minimal information, but it’s clear from looking at photos that it’s been sitting for a while and will almost certainly require lots of expensive recommissioning work. Still, prices on these once-relatively affordable vintage Lambos have blown up in the past few years, and it’s unlikely we’ll find another in any condition for under $100k again. Find this one here on Craigslist in Walnut Creek, California for $75k. Special thanks to BaT reader Clinton F. for this submission. Aside from these five photos, the only information provided in the ad is a short writeup: “Extremely rare 1973 Lamborghini Espada 400 GT only 32k miles all original v12 engine 5-speed standard transmission for more information give me a call ” Originality and completeness are both mysteries, but from looking at photos we can see that all trim appears to be intact if tired, dull and sometimes dented as well. Glass looks to be good, and sheet metal appears reasonably straight with no major damage visible as photographed. The interior is similarly complete but tired looking, and the heavily faded dash suggests that the car may have spent a lot of time outside underneath the sun. Upholstery on the front seats and door panels looks to be decent, and gauges and switchgear seem to be all there as well. Carpets are tired however, and though we can’t say for sure, the cabin just looks like it’d smell musty. Back seats are particularly well-preserved, and have probably seen very little use in their lifetime. Running condition isn’t mentioned, and sadly the V12 isn’t pictured. Provided that rust isn’t a serious issue, potential (but almost certain) electrical and mechanical issues will still take mountains of cash to rectify. Then there’s the cosmetics. That said, it’d totally be worth any outlay of time and money, though that’s easy to say when we’re not footing the bill. Best of luck to the brave (but lucky) buyer. Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
WOw, about 10 years ago we had about 5 such cars in Switzerland in the range of 15-20K for sale and nobody wanted them.
Asking is not the same as selling. That's a hard sell IMHO. But as an owner I don't mind the the inflated prices I suppose. It's a a European car too!
Hello Espada experts. I was reorganizing my Lambo parts stash & found these items. I believe they are from my previous 1974 Espada as I know they are not off my Countach. Is anyone in need of these items?? thanks Jeff Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login
Sterzel testing springs and shock absorbers with P7 tyres at Varano. The bumper is US style without foam exterior. Image Unavailable, Please Login
Just for fun I looked at an US valuation site. Hagerty values a "fair" Espada Ser. II at about 54,000.-- USD. Their description of "fair" according to the homepage seems to be a car with the capability of being a daily driver (!!!!) and some more or less minor cosmetic flaws or non-original parts. I now wonder where to get such a car (an Espada in such a great state that it can be used as a daily driver) for this price? Cheers, Bernhard
Well to be fair an Espada as a daily driver sounds like a nightmare to me. Haggerty's descriptions are more attuned to American "classics" which are far simpler to maintain and operate. I've been nearly wiped off the road twice in mine just getting out of and back into the greater NYC metro area because it is so low and in congested traffic it's just not a competitive vehicle. But 8 years is also too long. I remember a fully restored Series 3 with SS bumpers going for about 60K at the time. A nice Islero, not as nice, for $40K too. The Islero showed up right after I got my Espada ... figures. I suspect Espadas will get more reasonable once again. But like many old Italian exotics, perhaps even more so, the more "original" they are the bigger the headaches so unless there's the equivalent of $100K or more "dumped" into it in repairs etc it's not going to be anywhere close to being a "DD". How many people who have made that kind of investment in such a beautiful car are going to willingly let if go for a lot less? I posted a similar link on this topic over on Yahoo VLG a while back. These cars don't get valued the same over here. That's also true for a LOT of Maseratis. Some of this was because of the then weak US dollar. I think over here values peaked about a year ago? What say you?
If I would have found that kind of car in Europe at that price, I would have bought it in a heartbeat I totally agree on what you said about thoroughly restored cars, people are very unlikely to let them go for less than what they put in, most certainly now, when prices are booming. Cars are looked upon nowadays as a thrustworthy investment with good return, even by people who couldn't care less about the car itself, so it would seem. I have the impression that prices between US and Europe are balancing.
A question might also be, what "fully restored" refers to. If this includes doing all those technical repairs and reconditionings, which typically are passed by,due to costs, then presumably no one will sell for little money. Simply because if someone does the investments (time and/or money) to make a really reliable driver of the car, then he or she will have done that for own driving purposes and on a long time perspective. If I had the idea to sell my Espada, I would not have done all that what I did in the last few months. For sales purposes it drove great anyway. But presumably not in a way that one can have confidence to just drive it for years and without any mayor or minor technical issues coming up in that time. I notice that today 18 (!) Espadas are for sale at mobile.de. That is a real great number (about 1 % of all cars made and of those made presumably less than half are still existent) and this seems to be indicative of "investors" becoming rather nerveous ... . Nice to just lean back and look what the market is doing, without really minding ... . Cheers, Bernhard
Well yes Bernhard, "restored" doesn't necessarily equate to a running like Swiss watch. They weren't necessarily that way when new either ... If one is expecting to have all of the factory issues resolved and upgraded to the best and latest technology that is indeed a tall order or high expectations. I don't profess to be an expert on vintage cars but I have been doing this since 1985 and when I started I worked very hard at getting mine to run as well as possible and then as I learned of the "factory deficiencies I tried to fix those. But I think not so many of these cars receive such attention to detail and loving care as perhaps we dole out on ours. I think many concours winners are not necessarily driving winners. It depends on the demands of the owner doing the restoration or having it done. But I think when it comes to sales values if it looks really good and basically functions without glaring issues it gets the higher price because so many now want something unusual, pretty and looking good. What's that old Saturday Night Live line by Billy Crystal when impersonating Fernando Lamas, "You looooook marrrrvelous ... remember, it is better to look good than to feel good". I believe that rule applies in this case. Bob S.
