Official Countach Value Thread

Getting back to value, the yellow Countach that went through Auctions America with a high bid of $270k ( $297k with fees) that did not sell. Funny that a F/I Countach driver, with loads of issues starting with incorrect wheels, (good luck sourcing a set of originals, and if you do, don't fall over when you hear the price) modified front bumper, incorrect shift knob, missing grills etc was bid to within a stones throw of 2 recent DD sales.

And not to disparage the yellow Countach, its a lovely car inmo. Just pointing out issues a collector would notice immediately.


But hey! Joe knows of an extra special Countach that was owned by Ford and tested at the Ford Proving Grounds.

 

As you explained, the Miura SV is a more beautiful car than the Silhouette and therefore more desirable which translates to value.

The 1985 - 1988 Downdraft design/bodywork is much more beautiful and more therefore more desirable than the 25th design/bodywork which translates to value.

I think its universally understood that although the end-of-the-series 25th is the most developed, best handling best build-quality Countach, its controversial styling seriously hampers its value.

 

Oh boy, here we go again, with another thread derailed. These dubious allegations have all been debated before, so what is the motivation to rehash them?

The only new, but equally dubious allegation is that Joe single handedly moved the Miura market to atmospheric proportions! The fact is that the Miura moved up similarly to many other highly sought after cars from 2008 to present, some more, some less. What he was able to do was see the potential earlier than most and that is a great ability. There are many who feel that the Miura is still undervalued.

If Joe has the ability to move the market on his own, then surely everyone should go by a Downdraft immediately! He sees similar potential in the Downdraft that he has seen in other cars with similar attributes (as he did the Miura) and has put his money where his mouth is, so what's wrong with that? There are those that will agree and those that don't. Time will tell who is right.

I for one believe Joe has added at least as much to this forum as any other member on FChat and appreciate his contributions. Like or dislike what he has to say, I think this is difficult to refute.

I also believe that for every LABrit who wasn't happy with their experience with Joe, there are a considerable amount more that have had a great experience on multiple occasions. Over the years, Joe and I have conversed about many cars. He's given me great advice on cars I bought through him, cars that he's generously helped me with that I wasn't buying through him, and cars that I passed on as a result of his knowledge.

If you don't think he adds value, there are other options. There are many on and off this forum who believe he does. Everyone is free to judge for themselves.

 

To be fair, you can't compare a 'high bid' to an actual sale. There's no telling where the real money left the bidding, if there was any.

 

Agreed still no answer to my question, why the gigantic gain in the dd qv versus fi qv while the Anni dd versus the anni fi is a measley 100k , if this is based on the lesser /not so attractive anni, why do you value the fi qv similar to the fi anni?

 

we all respect Joe, , however,if no questions asked,and we all agree,whats the purpose of this website?

 

LABrit is the one who described it as a "driver" (I simply agreed with his description), and you are the one who modified it.

That said, there is absolutely nothing wrong with either, those are simply accurate descriptions, nothing more or less.

Countachs are great cars, I'm not surprised you miss yours, this may very well be a great time to buy one, especially if they can be purchased at the level some are suggesting they should be. If you do get another, I'd advise holding on to it.

 

Thank you Chris.

 

Ive based this on my available market data, and am happy to amend it as the received wisdom becomes available.

 

My comments weren't direct at you. If someone wants to defend their position on variants or values, as you often do, I have no problem with that. I was referring to the reputation bashing post that started this digression with little substance and a lot of hearsay.

 

Great looking big beautiful qv engine, add headers and you got the best performing Most reliable Version of the Countach

 

I understand where you are coming from.

We have two completely different business practices, basically you're a dealer and I'm a consultant, so there should be no concern as there is plenty of business for all.

For example, I never sit and think dealer xyz is taking business away from me, I have no axe to grind or complaint to file and I'm happy doing what I do, the way I do it. Frankly, we should all feel that way and let the public do work with who it wants to work with and pay what they want for the various cars.

 

No personal offence taken , not my point with this post, however Joe dishes it out,often under the belt,(the only one on this forum) And doing a great job defending himself, then again ,it does add some spice, bottom line,its all about the Countach.

 

I can see buying one this summer
Yes, I will hold onto it.

 

Adding headers to a Fuelie will not make it the best performing nor the most reliable Countach.

It would take considerably more than headers to get a Fuelie to match the performance of a Downdraft, it can be done, but not by adding headers alone.

As regards reliability, I'd actually suggest that the later in years you go along the production (1974 - 1990) the better the build quality and reliability because, so in my book the most reliable Countach is the last variant, the 25th Fuelie or Downdraft.

That said the notion that a 1985 - 1988 Fuelie QV is more reliable than a 1985 - 1988 Downdraft QV is completely unfounded.

 

No defense necessary just a correction of misconstrued facts.

As you like to say, all is good, personally I have no complaints.

 

lol!!! that is exactly what the seller told me! Muira = piece of crap. He thought he made a good deal from the buyer and that I was not made of buyer caliber with my long hairs drooling over the cars he had.
The buyer bought sight unseen, I think now that guy had amazing foresight for the times

 

Moving along, my database comprises any credible or verifiable source both public & private. Ive received knowledge of an exceptionally conditioned QV Fuelie with just 2,000 miles that has sold for just under $400,000, so I feel an adjustment is in order:

LP400 Periscopa - $750,000 to $1,750,000

LP400S S1 - $450,000 to $950,000

LP400S S2 - $400,000 to $850,000

LP400S S3 - $350,000 to $750,000

LP500S - $250,000 to $500,000

LP500QV Fuelie - $175,000 to $400,000

LP500QV Downdraft - $400,000 to $1,000,000

ANNIVESARIO Fuelie - $175,000 to $350,000

ANNIVESARIO Downdraft - $275,000 to $450,000

* These numbers reflect my considered informed opinion, other sources may differ.

I'll make an effort to review, adjust & update these numbers much more regularly moving forward.

 

Headers and exhaust on a fuelie... Ill take that bet.

 

I like your adjustments on the Fuelie... even though others have sold for more than the 400k... Oddly, why didn't you adjust the value down on the DD since we have 2 confirmed sales well below your low end?

 

Thanks for the info, and uppdate, do you happen to know the color combo on the mentioned fulie?thanks

 

I will confirm & report.

 

I think that if you also had free-flow headers and a sports exhaust on a Downdraft, with its higher compression pistons and variant-specific cams, it would perform better than a Fuelie, so you'd be making a losing bet. Hopefully, this will be settled at some point in the not-too-distant future. But that's a debate for another thread!

 

My numbers are based on the 2017 market, I'm aware the Fuelies have sold for more in the past, circa 2015 for example, but in today's market, my numbers are where I see them.

I agree with lowering the bottom value on the Downdraft, but I will wait to see another sale @ the $350k mark before doing so. Sometimes cars sell under par at auctions for a number of reasons, and for example, I'm thinking if you owned that red/white Downdraft yourself, you'd not let it go for less than $400k. I know I wouldn't, so my numbers are where I see the bottom for now.

 

I just verified the sale, the car was black, gold wheels, unmodified from new with all of its USA DOT equipment intact.