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Discussion in 'Other Cars' started by Scaledetails, Feb 23, 2018.
Not after doing it 6 times.
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Hi All. Newbie here. Thank you for all of the valuable information. I recently started looking at these cars (1991 Lamborghini Diablo's). They are beautiful. This year (2020) on BAT one sold for $125K with approximately 44K miles and another sold for $145K with approximately 17K miles. Does mileage matter? Should mileage affect price? I don't know if it makes sense to try to wait for such a $145K with approximately 17K miles example instead of such a $125K with approximately 44K miles example. Since you guys (I think you are all guys) are experienced (unlike me), I would appreciate any respective insight/thoughts you are willing to share. Thank you in advance for your help.
I own a '99 Roadster, the shining gem of the Diablo line.
Don't buy on mileage, buy on CONDITION
Don't buy your first Diablo in an auction setting. Find a private owner who wants to tell you about his car. Get a thorough PPI.
Condition over miles, every time.
I dont know and didnt see either of these cars. Both cars could have been great purchases or terrible. What matters with these cars is that they have been serviced and maintained properly over the decades and by competent and experienced professionals. So both these cars should come with receipts for service and maintenance to show so.
I would have no problem buying a 44k miles car as long as it had a full service history and a fresh clutch (or an asking price that reflected that i would need to get it done soon) as well as a clean interior.
All good advice, condition is key, and if I recall the two cars on BAT were not good examples. If you are looking for a good example, I would budget at least 175k depending on mileage and color. I know of two sales of nice, clean, lower mileage 91's in the 200k range, both about 12 months ago FWIW.
Echoing what everyone is saying, it all depends on how well it’s sorted. Low mileage cars that haven’t been regularly worked or serviced will take time and $ to sort. Higher mileage cars (mine has over 100km) might not have all the sheen, but they usually run like hell.
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Anyone else curious on why scaledetails is banned? I went through his recent posting history and nothing jumped out.
Maybe selling as a average joe while as a business?
The 91/92/93 Diablo is a bargain.
The last of the brutes.
Looks so cool!!
All I see are the same cars on the market year after year, getting shuffled around from one dealer to the next. And maybe a private owner car being shuffled to a dealer. Who is buying these cars?
I think paying 100-120 for an early 90s model is fair, especially given that you're going to have to sort it, regardless of how well it runs.130, 140, 150, forget it. No thanks.
def agree. sick cars.
Lots of that in many markets. Cars are investments now
Cars are not investments. They are liabilities. The cost of owning, insurance, storage, maintenance will wipe out any gains, (if there are any at all).
Your wrong!! There are several cars in the exotics and American muscle that can be great investments.
No there aren't. Markets go up, markets go down. Sometimes you might get lucky and make a few dollars. But the odds of you landing on that moment in time are slim. Buy a car today, keep it four to 6 years then sell. You will not gain. Your value may be up a bit or down. Cars are four wheels and a seat. Keep drinking the kool aid and enjoy.
Again YOUR WRONG!! You have no idea what you speak. My Countach DD I purchased in 2008 has done nothing but gone up and at a massive percentage. That’s only one example. The miura and diablo are other examples. There are several other cars that are great investments as well.
You keep drinking your cool aid.
You just proved my point. You purchased it in 2008. You got lucky. And that car may go up, may go down from here. Good for you.
I don't have any idea of what I speak? Yawn, get a grip buddy.
You talk stupid, cars for many have been an incredible investment and at the same time an incredible enjoyment.
You're right I am stupid and you are right, they are investments. Don't forget to load up on bitcoin as a hedge in case the car investment thing doesn't work out.
To all, the op is banned for almost the rest of 2021, maybe take this fascinating discussion to another thread??
Thank you sweet Jesus.....
Happy New Year John, hope you and all are well.