Official Countach Value Thread | Page 219 | FerrariChat

Official Countach Value Thread

Discussion in 'LamborghiniChat.com' started by Peter K., Feb 17, 2012.

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  1. vfinaldi

    vfinaldi Formula Junior

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    Mecum is a lower-level auction house and attracts and sells lower-level cars...especially in the highly-specialized vintage Italian exotics market. Buyers seeking quality cars are simply not there, buyers selling quality cars do not consign there, and as such, the results, at best, reflect values at the lower end of the market for a given model. So, I don’t personally believe Mecum’s results are valid price points for mid or high range examples. Apples and oranges. I would go so far as to say no auctions reflect true high values because the best examples rarely if ever have a chance of making it to an auction.
     
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  2. Rossocorsa1

    Rossocorsa1 F1 Veteran

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    Agreed on Mecum, however, it is a rather low mile car and it is the latest barometer we can gauge. Now, do low miles tell us everything? We all know that it doesn't. Still, we also all know that low miles is rather coveted when it comes to resale, whether we like it or not. I for one would love to know more about the condition of this specific car. As for other values based on private sales, you may very well be right. I personally know that many top cars are sold and priced that as you suggest. No question. But, let's face it, many cars are also sold at bargain prices in private sales as well. So, private sale data is anecdotal at best. The only true gauge we have are asking prices and auction results. I suppose this is the point of this thread, to try and determine what true values are. Though one would be hard pressed to find many that offer up any substantive information to that question.
     
  3. joe sackey

    joe sackey Five Time F1 World Champ

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    I see this this throughout the market.
     
  4. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    would it make sense to make this and the countach anny thread stickies and rename the anny thread the anny value thread?
     
  5. joe sackey

    joe sackey Five Time F1 World Champ

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    No, the 25th Anniversario thread I started was always meant to be as a resource thread for that variant, which it clearly is, even though values are sometimes mentioned in all threads, this values-dedicated thread suffices for values, no changes needed, no need to fix what isn't broken.
     
  6. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    It is broken though as the current configuration forces redundant and parallel dialogue


    Sent from my iPhone using Tapatalk
     
  7. joe sackey

    joe sackey Five Time F1 World Champ

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    Sorry, I disagree, I think this thread does a fine job as intended.

    I also think the 25th thread I started has done a fine job as a resource thread.

    You can't help some off-topic dialogue by some people, but some of us soon help it get back on track.

    No need to change anything.
     
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  8. Peter K.

    Peter K. F1 Rookie Silver Subscribed

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    Hagerty value are sometimes comical. Their were not respected back in the day and still are not in the Lamborghini community.
     
  9. Lemacc

    Lemacc Formula 3 BANNED

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    Less than 2 weeks ago i sold a red-black carbed 25th with a mileage of 5100km for 345.000€ within Germany. Just for your information about the european market.
     
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  10. ttforcefed

    ttforcefed F1 World Champ Rossa Subscribed

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    wow big difference USA vs EU
     
  11. rmolke85

    rmolke85 Formula Junior

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    Because Carbs.
     
  12. SupercarGuru

    SupercarGuru F1 Rookie Sponsor

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    Agreed! This 25th is a good example of a low mileage car that did not really look the part. Considering the overall condition of the car, I think this is an okay deal. Dash pulling very bad, seats show a ton of wear, sills all gobbered up and not 1 record from 1989 until now.

    Better presentation, service, some TLC I think this is a $270,000-305,000 car all day, which is the real number for a well sorted low mileage Rosso 25th car.
     
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  13. Rossocorsa1

    Rossocorsa1 F1 Veteran

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    Thank you for the knowledge. I guess that’s the point of this thread - to exchange credible knowledge in order to understand what the market is pulling.
     
  14. cnpapa24

    cnpapa24 F1 Rookie

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    So important to know the condition of the cars that sell at auction. Part of the reason I enjoy going to auctions is to get a good understanding of the cars that sold relative to what they sold for. It is impossible to draw conclusions without this information.
     
  15. joe sackey

    joe sackey Five Time F1 World Champ

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    Bravo Leo.

    Exactly.

    Whenever we are in a market that is not being artificially inflated such as the market was @ 2014 - 2016, we find out what the formula of relative values is amongst the various variants.

    We concur.

    Exactly, naturally the people who regularly trade in a particular variant have valuable data points.
     
    Last edited: Jan 14, 2019
  16. EarlyCat

    EarlyCat Moderator Moderator

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  17. joe sackey

    joe sackey Five Time F1 World Champ

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  18. Rossocorsa1

    Rossocorsa1 F1 Veteran

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    I just don’t get Marshall Goldman’s pricing philosophy. I appreciate aggressive pricing but their asking numbers are consistently absurd. They are currently listing two F512 M’s for $550k, well over $130k from where the market is. I also find it hard to believe that they get anywhere near what they ask. I would think their asking prices put them in a tough position when it comes time to dealing with serious, yet realistic buyers.
     
  19. cnpapa24

    cnpapa24 F1 Rookie

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    I don’t understand it either but they sell A LOT of cars.
     
  20. Rossocorsa1

    Rossocorsa1 F1 Veteran

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    My guess is that they eventually cave to where the market is, most of the time. There couldn’t be that many naive people in the world. Although, if they get 50% - 100% premiums for their cars, more power to them. To their credit, they do seem to primarily represent very good stuff.
     
  21. silverlambo

    silverlambo Karting

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    The good side of this is at least someone is throwing numbers out there, the bad side is no one knows the real value of their car, no matter what series you have , the value is not clear
     
  22. joe sackey

    joe sackey Five Time F1 World Champ

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    Correct, and there aren't in this information age.

    The market will tell you what values are, just listen to it.

    Since it was started 6 years ago, this thread has been an excellent guiding light in helping the uninitiated manage value expectations when shopping for a Countach, in fact, as shown recently, time & time again auction results fall within the range of values for the different variants as prescribed in this thread.

    The only issue in the market IMHO is with Countach sellers & owners who (perhaps understandably) wish their cars were worth something they are not in reality.

    As regards the entity being discussed whose practice it to throw numbers out their and see if they get it - they are not alone in this practice and IMO this is a terrible sales strategy for a number of reasons, the two most prominent of which are:

    Firstly, today's real buyer is both informed & knowledgeable, so, steep premiums that represent outlier numbers just insults their intelligence and turns them off with the net result that they'll look for a completely different type of car that exists within a sensible & stable market arena - remember, choices abound.

    Secondly, this practice does more than anything else to confuse the market and muddy the waters with the opposite effect of stimulating the market.
     
  23. silverlambo

    silverlambo Karting

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    Thank you Joe. Your words of wisdom are appreciated
     
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  24. joe sackey

    joe sackey Five Time F1 World Champ

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    You are welcome.

    Even though I am involved with the market in a professional capacity, it sometimes doesn't make sense to me either, but if you look at the data and allow it to guide you, it will.
     
  25. Rossocorsa1

    Rossocorsa1 F1 Veteran

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    Joe - I’m curious what you feel the current value is for an excellent low miles (sub 5,000 miles) US 25th is. Other opinions would also appreciated.
     

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