Thoughts on value on the still semi-affordable variants? Low-Average-High for each variant? LP400S1? LP400S2? LP400S3? 5000S? 5000QV? Anniversary? Thanks... Geno
carbed cars in US LP400S1 150-260-350 LP400S2 100-150-200 LP400S3 70-125-150 5000S 70-125-150 QVDD 90-140-190
Hi Emilio, I do kind of agree with you on the S1 and S2 prices but I think you are low on the rest. Any running and driving Countach (carbed) will be seen in the 70k range anymore. my honest humble opinion. : ) I think 90-190 on the DD is way low as well. Again My humble opinion. : ) I even think 90k on an injected QV that is running and driving is pretty low. I have two 5000S carbed Countachs that are priced over 150k if that helps.
Emilio, I also think you're a low on most of the numbers: My take from what I think may be the prices cars actually might trade for. The low is for cars that run and need restoration (not train wrecks): LP400S1 200-300-350 LP400S2 175-200-275 LP400S3 100-140-175 5000S 100-140-175 QVDD 150-175-200
I think you are a lot closer. I might add to this is that the S1 and S2 would bring a little more for a very nice one and the QVDD is more in the S2 price line up and again more for a very nice one. And maybe 100k for a S3 and 5000S is a little too light, more like 125k for one that needs some minor restoration.
So you think for a #1 condition cars: S1 $350+ an S2 $275+ a DD $275 ? Where will be be in a year from now?
Let us not forget that asking price is usually different from selling price. The last DD I saw was listed for $188K which did sell but I assume it sold for less..probably upper $170's (although it did need some work). A rise in asking prices will certainly shake the "Countach tree" and a few current owners may put their cars on the market or dealers will begin to put their feelers out. More are being snatched up by true enthusiasts and may not be sold in the near future. As Joe S. stated, more collectors are now looking for early Lamborghinis. Brian
The sale of the 188k DD I heard sold for close to asking price so do not assume, and I talked to the dealer in North Carolina that sold it less than a year ago, for 160k. So in less than a year the same exact car (that needed work) brought over 20k more. As far as collectors wanting early Lamborghinis I also see them wanting the later DD's as well. EXACTLY, more enthusiasts are snatching up these cars and not letting them go which makes less of them available and inturn making the prices only go up. Good Point.
Funny thing is the people that say this are either in the market for one or have no idea of where the market has been or is at right now.
I have had a fair share of Countach's and have watched this market pretty close for the last 10 years. I have not seen the price of the cars in that time go down. I have seen less and less of them available as time goes on. With that being said, again I realize this is only my opinion, I do not see these cars coming down in value. The only way to see if my thinking is correct is let time tell.
There is a fair amount that have left US in the last 5 or so years. Does that have any impact? Is it significant? Anyone have a idea how many (of all variants) are still in the US?
LOL yea tell that to the ALL the sellers of their cars that EVERY DAY talk to me and say "Dang, I should have held on to that car"
Yes, of course it has..as there is just less to choose from and buy here on USA soil.. I for one in the last 18 months have sent 7 out of the USA..and I am sure the real number is closer to 15-20 in the last 12-18 months.
I was not assuming...just knew it was not sold at the asking price. I agree that it was a good jump from the previous sale. By early, I meant excluding Audi era cars. Brian
A lot of good comments here..and of course my comments will be treated as "sure he is a Dealer"...but remember I am a car nut collector first and enjoy my hobby with the sale and trade of these cars, of all makes, not just Lambo's. We could write 55 pages of what "do you think it is worth"..but when all said and done, it is as I have stated many a many times.. "It is worth what ever you are willing to sell it for and a buyer is willing to buy it for" PERIOD! There will always be buys ahead of the curve as well as buys after the curve, if there is ever a curve that stops..with just abut everything in the world, that CAN NOT be re-produced, it goes up in value just do to the fact that NO MORE are made. It is not limited to a rare Ferrari, it happens with VW Bus's, Olds 442, AMX...and on and on..the trick is knowing what it is worth to YOU..and that value YOU set is what it is worth. This method is not only for cars, but for everything on the market that can NOT be replaced. A GOOD example in recent for me, was a Polar Bear Rug, it was all legal documented, Fish and Game Stamped all on the up and up. I thought it was ugly, but I bought it for what I VALUED it at..$1500.00 bucks..down the road, another person HAD to have it..and it sold for quite a bit more then I paid for it.. Same with cars, at least as far some I have. Some are easily replaced (lambos) as an example Gallardo's..they are reproduced and will never be worth more then they were made for..same with the 360, 430 458 on and on.. BUT for a say Periscopa, I cant replace it tomorrow, so its worth a million to me, dont think so, fine go buy another one, if and when you can find it, same with other CT cars, Lowbodys, not a lot out there, and IMO the best of it after these are any Carb DD cars, espicaly the 88 1/2 cars, a rare car just as a FI car let alone a DD car. It's just a cycle of life..we want to return to our bedroom with Farahha Fawcett and the Alpine Countach on the wall..problem is more of us want to do that then there are cars to achive this, so it becomes a "Dick swinging" contest of sorts.. .. I got it, you want it..out spend me to where I dont need the dream any longer.. Not nice to hear...but a fact of todays material world. As far as the ones that think it is NUTS to pay that price, they are not wrong, they are just part of the cycle that says hey its not worth that to me..no one is wrong and no one is right in this forever on-going discussion.
Take note... When a "dealer" (who is a true enthusiast) will not sell his Periscopa...that is a pretty good sign of things to come. Brian
Yes, I find as I am getting older, there are just some cars I have no desire to part with. As of late a few cars I had on my site have been removed. Various reasons, but mainly because I have no desire to TRY and find another one AND then wait again for it to be restored or brought to the condition I want. Lets face it, we sure are not getting any younger...and with each year that goes by our ability to operate these machines of joy is less. I am at the point of wanting to enjoy the down hill side ride of my life now..and that just translates into holding on to some of the cars that I would have gladly a year or so back sold for a profit and went on looking for the next. I also think it is fair to say that "most" of the "possible" sellers of these types of cars, regardless of the brand, really just dont need the money in their bank account..so it has to be a pretty good offer to even make them consider it....
The weak $ is what has sustained the market thru this downturn. It is clear that the CT market has soften a lot in the US. People are not willing to go very high domestically and quite frnakly, like the Steve Martin movie about getting wine, I see a lot of younger wealthy people wanting the "new stuff", not the "old stuff". That is what I see (I am not a dealer but I like to follow the market close). More sophisticated buyers abroad are more eager to snap the cars and are used to see higher prices. Given the exchange rate, these US cars are more attractive to them, especially the good ones. Asking prices in Europe are out of this world for a US buyer (so much for those who expected a US DD price crash after the 25 years limit for EPA) This means the CT will jump when things get better here because likely to get a good car you'll have to import back and that wont be cheap. I was assuming that all CT price would drop with the bad economy. Not so. I dont think we are at the high end lofty price I see listed here but I can tell you that ALL carb car have gone up over the last year or so. Not so for injected. I have hardly seen a decent 5000S at under $90K whereas not so long ago, they were between $75K and $100K. You still can get a decent injected for less than $100K. Not sure for how long thou. A DD in europe regularly list for $200K euro avg. So they must be going for $180K Avg.
I think as more and more of the folks who always dreamed of owning a Countach as a kid (with the posters on their bedroom walls, like me!!) come of age and can afford one, the price will continue to go up. With only around 1800 Countach's ever built between 1974 and 1990, the laws of supply and demand are kicking in. I believe no matter which iteration of the Countach you have, it is going to go up and value. Some more than others and what Roy said is so true: "It is worth whatever you are willing to sell it for and a buyer is willing to buy it for" Ever since I was a kid and had the "Alpine/Lamborghini" poster hanging in my bedroom back in the late-70's, my dream has been realized with one sitting in my garage and its not for sale at any price! Mike