Official Countach Value Thread

I am partial to blue cars, so perhaps I am not alone.

 

I bought my car, 400S2, with good timing just before values really went up last time round, and am expecting to watch them go down again now...
Having said that, I think the blue 1066 is still pretty decent money for a car that’s not super low miles, and has sat still for 33years. There’s going to be a fair bit of recommissioning cost on top.
In the last few years, the Countach has jumped from being an idiosyncrasy to a real collector car, and will be well placed to come back from whatever happens next.

 

Agreed.

The top was @ 2016 and they have corrected since, that said they are holding up nicely and considering all that's going on in the world they seem like a sure thing being an asset that is rare, tangible, and one which you can drive for fun!

I look for certain examples and variants of the Countach to not be inexpensive in the future.

 

1066 did pretty well when you consider the car needs full mecanical overhaul (still since many years...so engine out, disassembly, change what needs ...same for gearbox and then you have brakes, suspensions...tyres). Then detailing, collect possibly missing books, tools, etc..
when you finished it wll be well over 650k $ ...possibly 700k$ (ask me how i know )

 

Correct. Actually closer to 750-$800k. Paint was said to need a redo as well. At that point where do you stop?

 

You don’t. It’s a full resto candidate.

 

I think that Blu Acapulco color didn't hurt.

 

Posted in the QV thread, so replicated here:

haroonok said:
https://collectingcars.com/for-sale/1988-lamborghini-countach-5000qv

Was watching this with interest. I think the premium is 6K (not too bad!) Also, the car being RHD and 88½ probably limits the buyers somewhat.

R

 

That looks cheap!

 

damn, only driven 600 km in 10 years.

 

This was a nice deal for the buyer.

This car had 3 basic things working against it:

1. It has been for sale continuously for at least five (5) years, here's Chris Harris sitting in it when it was for sale multiple dealers ago at Dick Lovett

Tweet

— Twitter API (@user) date

Nothing diminishes an Italian classic or sports cars desirability more than having it constantly for sale bouncing from dealer to dealer.

2. RHD limits the car's market in today's global world (unless you live in the UK, Australia, NZ etc).

3. Most Countach buyers do not want one with side-skirts, unless they have other Countachs and want a side-skirted one in addition.

Still, a nice score for a Countach with great provenance, let's hope the new owner drives the wheels off it!

 

agreed...
add rosso-champagne or rosso-senape is not the first choice for most countach buyers today

 

So is this 'cheap' or undervalued?

https://www.carandclassic.co.uk/car/C1217550

 

$345,000 sounds about the right ask to me, again, this car is RHD so that limits the market, and it is in a color some might absolutely love (I do) but others may not want for a Countach 25th.

 

My car is a 1984 5000S with 21,000 KM . would that be considered low or average mileage?

 

Very low to me!

 

In the grand scheme of things of course 21,000 km is low for any 36-year-old car, that said, it's average for a Countach as there any many which were not driven much and have lower mileage.

 

Here’s one we have seen here before being offered at auction:

https://www.artcurial.com/en/lot-1985-lamborghini-countach-5000-qv-m1076-642

 

The ex-Robert Rusie FLA12806 as reported on in the Downdraft thread years ago is finally back on the market, it's particularly good to see it rescued to it's standard original specification, but make no mistake, it's still a project car.

https://www.artcurial.com/en/lot-1985-lamborghini-countach-5000-qv-m1076-642#popin-active

Incorrect repaint missing the blackout along the bottom of the side-sills seams.

Caulking missing around the rear tail-lights.

Warped front bumper.

Mesh screens missing from front bumper.

Carello driving lamps tarnished.

Missing OZ Route wheel stickers.

Padding on side bolsters and center transmission tunnel requires replacement and the original foam material has perished.

Interior require reconditioning & connolizing.

Original shift knob missing.

Evidence of water or humidity damage in passenger footwell, requires treatment.

General cleaning and conditioning of all components, switches and gauges (these need to be tested for possible recalibration) on the interior, ditto engine bay to cover fittings and clamps.

The above is from images, upon personal inspection expect this list to double.

This Countach has followed the path of many collector cars in the past 10 years, purchased by speculators (often parading as collectors) with a view to reselling, in this case based on the purchase price, there isn't a profit to be made. That said, most speculators appear to have have run for the hills at this point, so there's a good chance this car will find a long-term enthusiast home at a price point that allows for the work described above to be done.

 

Let’s hope

 

My son & I are consistently seeing that buyers in 2020 have long-term aspirations, many of whom have collections large & small from which they haven't sold a car in years, if you've been doing it long enough and look closely you can see changes in the ownership landscape.

 

Joe so am I that speculator parading as a collector? Or are you referring to the buyer of this car I sold it too?

 

Not you, I'm just making an observation about collector cars in the past 10 years purchased by speculators often parading as collectors with a view to reselling, which as we all know is true.

 

You said this Countach has followed a path so I thought I’ll ask. From what I know about the car is that I sold it soon after purchase where I made a choice not to restore it and keep a DD I already had as I didn’t need two DD’s. I debated as white/white is my favorite color combo. The current owner, who I assume is the same person I sold too, has cleaned it up got it running and hopefully drove the car and enjoyed it for the last 5 years they owned it. Unless I am missing some thing that’s not exactly an act of a typical speculator. The second of the two Countaches bought together with this car I still own.

 

You made a good choice keeping the excellent Downdraft you have.