Countach, the ultimate supercar

Yes, first name of Giles. We’ve chatted, nice chap. London based so hopefully a meet up next year for some cool pics

 

The LP500 never had 15 inch rims. This is detailed in the well known feature in Style Auto magazine as well.
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Yes, should be mid-1971.

 

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Great photos

 

Italian homologation documents for the LP400.

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More in the memorabilia thread.

Lamborghini memorabilia

 

That's a great document. Do yiu have one for the 5000QV?!

 

Ok, spoke, via Whatsapp group to the new owner, called Richard. He said he’s keeping it black, but changing the interior from black to ivory.

So now we know!
R

 

Jonny:

https://historicdb.fia.com/sites/default/files/car_attachment/1601077201/homologation_form_number_291_group_b.pdf

 

Unfortunately no!

 

LP 400 sold today for 905K Euro's all in at RM auctions.

https://rmsothebys.com/en/auctions/jg21/the-guikas-collection/lots/r0049-1975-lamborghini-countach-lp400-periscopio-by-bertone/1074528

 

LP 400s sold for 432,500 eur all in:

https://rmsothebys.com/en/auctions/jg21/the-guikas-collection/lots/r0051-1981-lamborghini-countach-lp400-s-by-bertone/1074532

 

Countach prices seem to be softening a little if these auction results are any indication.

 

not really...both these cars (1121102 and the red S2 ) will be half a million euro or more when all that is needed is done, all books and tools put toegether with the car etc.
they are good cars but not perfect

 

Is that "all in"? I don't think so. Net price 800k plus fee = 905k but the fee probably is subject to (French?) VAT (20%?) which would mean that "all in" might be 926k.

 

That was a soft auction generally.
Everything was without reserve, and 65% of cars sold below low estimate, but the 2 Countach sold above high estimate.

None of the cars had much investment recently - they had been bought and then stored without work.

I thought results were decent in the circumstances

 

In May 2013 during the 50th Anniversary of Lamborghini some members of the Lamborghini Club Italia had a nice meeting in the old centre of Sant Agata. This lovely bianco 5000 S CLA12503 was owned by the president of that club. I took this picture with the little kids peeking through the window to see how fast it goes! Just like I did when I was a kid, just love it! Image Unavailable, Please Login Image Unavailable, Please Login This car is updated with many more pictures at the www.countach-register.com Please check it out!
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Not sure VAT was applicable. As the auctioneer mentioned on lots if VAT was applicable. Not mentioned for either Countach.

 

Thank you for that information.

RMS says on its website:

"For Motor Car Lots:

• In the event of a final Hammer Price of €200.000,00 and below on all motor car lots, RM Sotheby’s (“RMS”) will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium).
• In the event of a final Hammer Price above €200.000,00 on all motor car lots, RMS will receive a Buyers’ Premium of 15% (plus VAT on the Buyers’ Premium) on the first €200.000,00 and will receive a Buyers’ Premium of 12.5% (plus VAT on the Buyers’ Premium) on the Hammer Price above €200.000,00."

With this info, you are able to calculate the net premium of 105k€ (VAT not included) for that LP400. Following that information, VAT should be added.

But who knows.

BTW, RMS itself indicates 905k€ as final price and so does "Hammer Price", i.e. without adding VAT.

 

yes there is VAT on the buyer’s premium element on all lots. ie vat on the 20 or 15% amounts you refer to. Not on the sales price itself.

However, in addition to this, some uk cars would have VAT added to the car element of the total price if exported to Europe (post-Brexit). The VAT wouldn’t be added to gavel price if car stays in UK, but VAT would still be added to the buyer’s premium.

euro registered cars staying in europe won’t attract vat on gavel price, only on buyer’s premium

In all cases, the premium is a % of net sales price.
RM/hammer price shows the net sale price and the net buyer’s premium. Doesn’t account for VAT on either, even where applicable

Hope that’s clear(ish)!

PS… Hammer Price app has option in settings, to include premium or not in price displayed

 

Thank you very much. Yes, that is what I thought (plus some additional information).

 

I stand corrected and educated re VAT.

Remind me never to buy from an auction