https://www.goodingco.com/lot/1982-lamborghini-countach-lp500s/ Image Unavailable, Please Login Image Unavailable, Please Login Image Unavailable, Please Login Asking Price $785,000 Chassis ZA9C00500CLA12472 Engine 12472 Car Highlights The First LP500S/LP5000S Lamborghini Countach; Possesses Rare Early Production Features Exhibited on the Lamborghini Stand at the 1982 Geneva Motor Show Owned by Quiet Riot Guitarist Carlos Cavazo for 35 Years Never Offered for Sale Until Recently Discovered Accompanied by Unmounted Factory Rear Wing, Tool Roll, Spare Wheel, Service Records, and Factory Literature
Very cool Countach. Cavazo sold it a while back and it's changed hands since then, CLA12472 has been for sale privately for some years, so the 'Never Offered For Sale' statement means a public sale. This one really needs to go back to Italy to be authentically restored with carburetors.
Fully agree, one new owner got in contact with me and Marcel (countach registry) last year, I got only one picture from behind where you couldn't see the miserable state the car was in. I always wonder who owners let it come to such a point. Even if you loos interest make sure that a minimal care is being taken to preserve a accepatble state. The car looks like it was sitting in the sun for 20 years!
Very overly optimistic asking price. I would guess that the cost to do a full restoration would run roughly $150,000. That being said I cannot see where this car should sell anywhere north of $200,000. IMO it is a $100,000 car at best.
You can credit the long-term owner for the car's current condition. No, you'd have to source a complete set of correct Webers, the car does not come with them. As far as numbers are concerned, in fairness values have increased in recent years, not as much as the optimistic ask suggests so I agree the car is not worth the ask, but it's worth more than you suggest. Being very familiar with total restoration costs - and make no mistake this one needs a total restoration - I can tell you that restoration numbers are much higher than you're guessing, they're around $300,000 to $400,000 these days with current labor and materials costs to really do it right, the new normal. The problem with a car such as this is, it's only worth what a guy who's willing to wait 2 years to restore it along with the headaches of managing the restoration plus the cost of the restoration, will pay. After the restoration is complete, these cars need 300 to 500 miles of on-the-road testing to really be properly fettled for all the systems to operate correctly and result in a reliable car, otherwise they are but static display pieces which don't actually work, so figure another 3-6 months of post-restoration tuning. Not everyone who wants a Countach is up for all the above when in fact they can just go ahead and buy a nice example and start enjoying it now. That said it deserves someone who's up for the challenge.
Looking at the video, it was Carlo himself who contacted me and Marcel last year Rivera Interview with Carlos Cavazo on Cars and Guitars!! - YouTube I have to admit that I never heard of this guy nor his band before, not known here in europe at all.
I guess the car was in his driveway for decades... Musician Robbed in Break-In - Los Angeles Times (latimes.com)
I loved the reference in the LA Times article to the thieves ignoring the $50,000 Lamborghini Countach in the driveway. OK, I paid a lot less than that for my LP5000S fifteen years ago, but it was sitting out in the desert in Abu Dhabi when I found it (and the costs to bring it back to 100% are still being incurred). Other than burned or wrecked cars, were they ever that cheap? While it is comparatively easy to figure out what the highest ever price paid for one might be, any guesses as to the lowest price ever paid for a complete car?
42kChf for S1 1121080 I personally know. It was the time when she was resprayed in Diablo orange and the white leather got painted black, horrible to look at - the next owner from/in japan had to perform an entire restoration. Initially this car was for sale 2002 for 80kChf in original state but in need of decent TLC..
What time period? I remember shopping, I think, about 18-19 years ago. The price on many was around 65k (US), and then a year later they started taking off. Roy Cats had a dd, red with polished wheels for around 60k. It was tired. A S2 was in the Wall Street Journal, black with a tan interior, under 70k. I talked to the owner, he also had a QV (white?) that he was keeping. A dino for 52k & a 61 flat floor E type I passed on for 26k. Of course you would have to adjust the money for inflation. Back then they seemed to trade sideways. You bought one out of love, not a 401k supplement.
I was offered a copper LP400S in Toronto with a damaged engine for around CAD$70 k in 2004. My 82 Abu Dhabi restoration project was (really) cheap, but while complete, it was being used as a lunch table in a construction equipment storage yard and was steps away from becoming a parts car. Poor thing. She looks a little better now. Image Unavailable, Please Login
While dropping some stuff at Merlin Auto in Atlanta last week... Image Unavailable, Please Login Image Unavailable, Please Login
Ohh dear! This makes me very sad. Though Mr Nakamura says she will rise again. Image Unavailable, Please Login