Official Countach Value Thread

I had the opportunity to spend some time with this car recently. It was a unique experience. The early cars certainly are beautiful.

 

http://www.duganenterprises.co/ got the car running like it should, nice example.

 

Not a Super Fan of early cars,,,but that's a good looking Countach.

 

If I had the money, I would. What a stunner!!! And I'm not a huge fan of the early cars. And brown, but my lord this looks good!

 

I'm not sure what you're saying?

 

Got it.

I'll be happy to give you an estimate of the car's CMV as soon as I can review a full library of high-resolution images of all aspects of the car as it sits today, and review documents covering the car's full ownership & maintenance history.

 

Carl Hartley has sold his super-low miles 25th:https://www.instagram.com/p/CAgGWiXhuQB/

The price was close to his asking number of £399,000 or roughly translated today that's $485,660.

Now we know the approximate value of an as-new 25th Anniversario.

 

Wow! Incredible result Joe.

We recently sold our Nero 1989 Countach 25th Anniversary with 5,500 miles for just under $300,000.

 

I would put this in my catch of the day thread. I think 485k was a reasonably good deal for essentially a brand new dd. I have always thought a rhd car carried a small premium as well. Actually unless he drives the wheels off/condition changes, I think money can still be made on the car.


-rhd
-near delivery miles, not many are left in this condition of any variant
-mint original not restored, the car could serve as a reference for restorations
-dd version
-wing
-black looks great on a Anni car.

 

I know that nobody will agree with me on this, but I think it’s a real shame if the new owner changes the state of that car. The car has made it this far as a genuine timepiece, and it should stay that way. There are plenty of 25ths to buy and drive, so why take a museum piece and diminish it? Again, I know nobody will agree with me, but I don’t see the point.

 

Nope, I agree with you. I'm more of a drive & enjoy enthusiast, however on this car I would use it sparingly. It's a real time capsule.

 

Don't get me wrong, I'm all for owners driving and enjoying their cars to their fullest, but certain (very few) are like this example. It has delivery miles! That's insane. I would have much preferred the new owners keeps it precisely as is, and shows the car at top concours. I for one would love to spend a considerable amount of time looking it over. If driving was his desire, there's a multitude of nice cars to satisfy that need.

 

I agree also. I think this is one Countach we know will now plumment in value. He paid $485K for it, when it gets a few thousand miles on it, it will be worth about what John T’s 25th sold for with 5500 miles on it (just under $300k). I seriously doubt it will retain the price paid value because “It was once the lowest mileage Countach in the World”.

 

I agree, and that’s why a posted previously.
Driving the piss out of this car , keeping it maintained, brings it to the level of other dd anniversary cars. All Countach’s are special, but this one will lose its cache.
Only new once, this one happens to be new for 30 plus years

 

All fair comments & opinions.

However, the reality is, the buyer's mindset as explained to me is very easy to understand. Basically, some people simply want to get their hands on the freshest most unmolested Countach possible, even though they are 30 years late because in 1989 they couldn't afford one. They want to turn back the hands of time and start the Countach journey with a virgin example as if taking delivery today, and, they have the means to buy the best and don't care one iota about future values.

That said, even those who promise to use a car weekly end up putting on a modest amount of annual mileage which slows down because of the reality of life with family and business obligations. Additionally, Countachs that are maintained in excellent condition tend to have values that defy the typical mileage effect and it becomes all about condition - ask someone who specializes in them. As EarlyCat says, unless he drives the wheels off, this car could be worth at least as much or more sometime in the future if the owner has longterm aspirations and knows how to look after his cars - this one does.

I have been approached by a number of enthusiasts who have asked me if I know of a delivery mileage Downdraft that's available, I don't, but my colleague Jean Guikas sold JLA12305 with delivery miles for a record sum to a gentleman who actually does use it regularly.

Another gentleman paid up for a 536 miles LP400S https://rmsothebys.com/en/auctions/mo14/monterey/lots/r114-1979-lamborghini-countach-lp400s-series-i/181109 under the same pretext I've mentioned above. Everyone on this forum said the car would never be used. However, he gave it a major service, and has proceeded to drive it over the last 5 years - see images below of the car in Monaco where it is regularly spotted. I doubt he is racking up that many miles but at least it is seen out quite often, underscoring the same desire by some people to start with a really virgin example, cost no object.

The notion that a delivery miles car cannot or should not be used is slightly stereotypical thinking IMO, we must remember that there is no right way or wrong way to engage the car hobby, only the owner's way. IMO the crime is not in using the car, the crime is always in not using the car whatever the mileage is, because, it's a car. The same is actually true of restored cars, some people restore so they can get a fresh car that they car enjoy which works like one should, I'm an example of that notion.

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You think the kid looking at the Countach is saying "OMG how can that man drive such a low-mileage Countach!?"

Nope.

He's just saying "OMG COUNTACH!!"

The car's owner is happy, the kid is happy, and all is good with the world.

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I remember 10 years ago, there were lots and lots of ultra low mileage anni cars, as people bought them as an investment in the late 80s and never drove them. Has something changed? Did people start driving these?

 

Some are doing that.

From what I am seeing, the people buying low miles cars and using them are younger & affluent, they have a different mindset and want to recreate the experience they were not ready for all those years ago, that said, I bet you can still find some ultra low miles cars.

 

Well this sold

 

Still not in a permanent home. Went to Hilltop:

https://www.instagram.com/p/CAtMW7rlSel/?igshid=dt54t4f83wor

 

Sold for $513,000 all-in.

https://rmsothebys.com/en/auctions/es20/the-european-sale-featuring-the-petitjean-collection/lots/r1006-1979-lamborghini-countach-lp400-s-by-bertone/856600

This result underscores my comments of a few pages ago about the subtly changing ratios of Countach values amongst the variants.

 

As an aside 1066 possesses a highly desirable livery for any variant Countach IMO.

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