LP400S S1 for $695K | FerrariChat

LP400S S1 for $695K

Discussion in 'LamborghiniChat.com' started by geno berns, Jun 2, 2014.

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  1. geno berns

    geno berns F1 Rookie

    Oct 26, 2006
    3,006
    Midwest
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    Geno
  2. Peter K.

    Peter K. F1 Rookie
    Silver Subscribed

    Jan 9, 2004
    4,448
    Connecticut
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    Peter K.
    Regardless of price, whether you think it is too high or too low, that car will be gone. Do you realize how many have been on the prowl for an S1?
     
  3. ApexOversteer

    ApexOversteer F1 Veteran

    Feb 15, 2007
    5,968
    Smoky Mountains, TN
    Full Name:
    T.A. Bell
    Nice, 2014 pics. Always nice to get a 1036 update.

    Interesting turn of fate for this one lately...
     
  4. dantm

    dantm Formula 3

    Nov 1, 2003
    1,103
    YYZ, BOS, SFO
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    Dan B.
    Looks like this sold...
     
  5. gt4me

    gt4me F1 Veteran

    Sep 10, 2005
    5,671
    UK
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    Lewis Mitchell
    Quickly :)
     
  6. rmolke85

    rmolke85 Formula Junior

    Mar 11, 2013
    755
    #6 rmolke85, Jun 3, 2014
    Last edited: Jun 3, 2014
    Well I for one thought the $480k was an absolute steal.......

    Glad to see it go onto the next owner so fast and hopefully a long term one at that.

    I believe this situation shows you the demand for lamborghinis is very large. This car was probably shown to a select few people before it first sold. Marketing can be a powerful thing.

    A million US dollars is not what it used to be. Getting into a blue chip rare piece of automotive art/history will carry it's price tag going forward.

    Or you could wait to stash away a cool collection and get stuck with cars that monitor your every move and eventually move you on their own with no driver. Soundless capsules.

    Even though the bullet points are there that screams Bubble, it may just not be one or at least this may have legs for years to come.

    Some cars are along for the ride others I feel are just getting discovered again, like the countach. Riddled with the gold chain crowd perception for so long, I think they have finally found their way.
     
  7. Taurean Bull

    Taurean Bull Formula 3
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    Sep 10, 2010
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    Chad
    OMG that flip amount is stupid! This is getting out of hand!!!
     
  8. That is fast anyway you slice it. Maybe it went for just a little more for a quick flip, who knows.
     
  9. Countachqv

    Countachqv Formula 3

    Apr 25, 2007
    2,350
    USA/France
    Good call Peter! To sell that fast at $690K or so,the car was felt under-priced by the buyer. I guess the rise may go a bit more parabolic for a while..
    I am sure the seller could have sold it for $800K as purchases seem now to be made based on the fear that "I have to get it fast or someone else will get it from me". With enough buyers, that is a great (or sobering) receipe for S1 going to 1 Million well before years end.

    Unless you are truely an 8 figures net worth at least and losing 6 digits figures wont prevent you from sipping that glass of Veuve Cliquot one can only watch and learn about bubbles and car appreciation...
     
  10. LC3929

    LC3929 Formula Junior

    Dec 16, 2007
    786
    1121036 is not "an S1", it is a very special S1 due to its perfect AND original conditions. A very rare combination!
     
  11. EMILIO

    EMILIO F1 Veteran

    Feb 23, 2006
    6,854
    Italia
    a part of me really wants this to end and we can buy LP400 at 100k euro and LP400S at 50-60.000 euro as 10 years ago, we can stop talking about values for some days and get back on what tyres put on or if we should use lead addictive or which sport exhaust has the better sound...well...car lovers threads

    now the cars are becoming "Rich" guy's toys and the passionates owners are getting fewer EVERY day
    we (people that dreamt about countach as children and that finally bought one 20-30 years later and even the ones driving them from 5-10-15 years) are also getting carried away and mainly talk about the last sale of that model comparing it to the previous one and speculating how much ours could be sold for next month
    see Albert selling his 5000s? that is a good sign these cars are one by one getting away from car lovers hands to multimillionaire and speculators
     
  12. Maser

    Maser Formula Junior

    Jun 2, 2011
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    Harry Metcalfe
    #12 Maser, Jun 8, 2014
    Last edited by a moderator: Sep 7, 2017
    I agree completely! Now here's a photo of the front tyre on the '82 white/white Countach auctioned yesterday..
    Image Unavailable, Please Login
     
  13. key03

    key03 Karting

    Jun 20, 2011
    186
    Chicago
    ^ best post to describe what is happening. I have coveted owning a Countach for 30 years, and came close but now know it will never be a reality.
     
  14. EMILIO

    EMILIO F1 Veteran

    Feb 23, 2006
    6,854
    Italia

    i am glad i am not the only one thinking like this :)

    Harry, this is an original 205 P7 i think....VERY old! almost as the car itself ;)
    i had same on mine....:0
    changed for safety reasons...even if they look GREAT on the car! ...i kept them on the box aniway :)
     
  15. EMILIO

    EMILIO F1 Veteran

    Feb 23, 2006
    6,854
    Italia
  16. blown daytona

    blown daytona Formula 3

    Feb 6, 2008
    1,679
    maryland
    Very true. At these prices the real car guys are getting shut out. :( I know at this price level I would not be interested in a Countach
     
  17. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
    57,525
    Southern California
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    Joe Sackey
    Emilio,

    When there is a bubble, cars that are not even perfect bring work records.

    Hope you & yours are well.

    Best,
     
  18. EMILIO

    EMILIO F1 Veteran

    Feb 23, 2006
    6,854
    Italia
    #18 EMILIO, Jun 8, 2014
    Last edited: Jun 8, 2014
    Hi Joe
    I am fine. Tks
    Hope the same for you and yours. :)

    Yes. True. Once again i would be a bit happy to see it going down. ....even if i should not with 2 old Lamborghini and one Ferrari today. .. no more chance of retiring with sale of countach...but may be an other car to add hihihihi ;)
     
  19. joe sackey

    joe sackey Five Time F1 World Champ

    May 23, 2006
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    Joe Sackey
    Which as we can see from the tire-wall is completely dry-rotted.
     
  20. Taurean Bull

    Taurean Bull Formula 3
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    Sep 10, 2010
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    Chad
    Makes 2 of us.
     
  21. mt_jt

    mt_jt Formula Junior

    May 9, 2012
    602
    Australia
    +1 more.
     
  22. islandguy

    islandguy Formula 3
    Silver Subscribed

    Jun 12, 2007
    1,439
    Northern CA & NV
    Spot on Emilio. Over the last two months I did a lot on my car including new tires, brake lines, and even installed an Al Burtoni exhaust. Learned a lot about California smog (yikes), lug nut contact angles and other things to look out for, but for some reason there's little desire to talk about it outside of Cars & Coffee. Seems the forums are more hung up about prices nowadays.

    Time to resurrect the CT technical thread. Maybe next week ;)
     

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