Official Countach Value Thread

priceless

 

Previously sold by Joe Sackey Classics, amazing provenance.

Meanwhile to put it in perspective we've just sold a Downdraft for $940,000, with another cued up that will be significantly over $1,000,000.

 

Not really. I had a dealer contact me last week. I stopped the conversation immediately. Never talked money. Really dont know what I would want to replace it with, besides a Miura, which is more, or another Countach which would be more after paying Uncle Sam. Selling it has regret all over for me. Naw, I still look at the poster every day.


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The impetus here of a combination of resources & desire might be different this time, let's see.

 

I think I have already seen...

Euro 7 is coming, full ratification should be by December..soon
End of proper motor cars, so many already discontinued, or will first be downsized, hybrid before going away
This makes now completely different than 2014, really really different, nothing like it in car history is unfolding...

Not to mention the YOLO phenomena (you only live once) brought to the surface by recent happenings around the world...

 

I would argue that the US Dollar has lost roughly 40% of its worth since 2014 so everything has gone up accordingly in price.
In 2014 our debt was roughly $17.8 trillion dollars and today it is currently around $28.7 trillion dollars and rising quickly.
If you do the math it works out to 62% for every dollar you had back in 2014 is now worth the equivalent of 0.62 cents.
The boom that won't last long is the worth of the US Dollar.

 

I spotted this White/Red '86 QV DD on a trawl through the European dealer pages. No affiliation. I have not seen the car myself.

I can say that I bought a car from these guys in the past and found them straightforward. The car was as described. My impression is that they rarely have stellar cars, but rarely have truly awful ones either. Their model seems to be to pile them high and turn them over.

I note that there are a couple of buyers around on this forum and, if this car is straight, it does not seem overpriced (vs what we are told is going through privately) at Euro 429k or $500k - even if it is probably no better than average and needs revision to be top class.

https://www.gallery-aaldering.com/lamborghini-countach-lp5000-quattrovalvole-1986/

 

Compare value of USD versus other world currencies for past 5 years...nothing remarkable in that sense at all....

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Yes, so the US Dollar is the best looking horse in the glue factory as ever country is printing fiat currency as fast as they can.
If you do not think inflation has occurred over the past several years you haven't been paying attention.
When currencies are printed out of thin air the costs of goods go up, up and up.
Just my .02 cents. Sincerely Vic

 

Inflation doesn't matter or is not as meaningful when all are equally involved...

We have had inflation for well over 100 years...

We are in the time of creditism

https://vimeo.com/101487179

 

I respectfully disagree that it is meaningless.

I believe that is one of the main reasons that Collector car prices, used car prices, home prices, etc.., etc.. etc.. have been going up.
The market value for a 1984 Countach in go0d condition in 2014 was around $400K and today it looks like it somewhere around $600K to $700K.
If you take the average of that $650K as todays market value and reduce it by 40% you get its market value back in 2014.
When take in consideration the diminished values of all currencies over the past several years the results are things cost X amount of dollars more.

 

When you get a chance, it is 45minutes long, watch that video, it is a great introduction for what happened over a hundred years ago that is continuing.

There are so many more reasons than that for the price of a good 1984 Countach to have increased.

If there was no demand, the price would not have moved up, in fact, it would of likely moved down, it's the demand that has changed.

Of course, currency manipulations have to do with it, but, maybe more as a source of value rather than in fiat currencies, a place to shelter earnings..but that only makes sense if demand is there to later sell.

The world has changed, Euro 7 is coming, proper motorcars are being removed from all manufacturers and replaced with appliances. Many will be affected, those that would typically choose to purchase the latest are dropping off that plan and going back catalog in a big way. What do you think if the top-down government push to extinguish combustion engines was not happening ...do you think Ferrari would of let the 812 dead-end with no successor, and Lamborghini would move electrify its entire range and Aston Martin, Mercedes Benz completely abandon the V12 platform, and would Porsche be honestly planning an all -electric 911...I think not (and there are many more examples).

So, in effect, you have a lot of "new shoppers" for the back-catalog, more than ever before...supply and demand in-action is what is predominantly happening

Additionally, the you only live once (YOLO) phenomena is stronger than ever with current health situations around the world.

I believe the recent surge in demand (and with it, price), across the exotic back-catalog, has little to do with inflationary pressures and much more to do with the above.

If you desire to own one (or more) of the greatest examples of the automotive world (take your pick), time to make the move because it's game over. (and I didn't even get into all the ADAS 'nannies' being dictated that will remove the fun from spirited driving in new models starting soon)

 

what is the value of my 5000 S? its in very good condition, original paint with 21,000 KM, I am interested in selling it if the price is right
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It is very difficult to put a value on a Countach. If you go to Hagerty values it will give you a number, but the number seems very low. I guess you could follow recent sales but even that is many times hidden and considered info which is kept secretly between the buyer and seller.

 

According to your post from 8.5 years ago:

https://www.lamborghinichat.com/forum/posts/142056489/

you have not driven it (identical mileage and photos in that thread), apparently at all.

If the car has been sitting all that time (and apparently in 31 years of ownership you have added just 3000km to the odometer) and lack of driving, the car will need a very major overhaul to get everything sorted and 100% operational...or have you been doing that (and just not driving)?

 

You said these exact same words to me 10 years ago when you had me come out to your place to see the car, and I believe we had a buyer interested at that time.

Actually, it's easy, you simply have to be Countach market-knowledgeable & realistic, at any given time your car has a certain value, as does any Countach, but you won't find an accurate representation on Hagerty. classic.com records actual auction results, so that's a better source, meanwhile, someone who actually specializes in Countachs https://www.instagram.com/p/CSszdAkrKOE/ can tell you exactly what it's worth within a tight range, and has list of potential buyers.

Correct, especially with a Countach of any variant, if it has not been regularly used in 8.5 years, it will require a major mechanical overhaul to be safe and reliable.

 

Joe, I didnt ask you to come out and look at my car. you got the info from Peterson museum where it had been on display for 12 months then you came by.

 

I was invited by you to your office in Rancho Santa Margarita in Orange County, California, for the purpose of viewing your car, in a phone call wherein you furnished me with a specific appointment to inspect it, I still have the images I took of it that day.

Later you came on here 8.5 years ago looking for the value of your car with your very first post https://lamborghinichat.com/forum/posts/142039522/

That's what happened.

I see from my notes from @ 8.5 years ago that your car had older paint and was in general good condition at that time. It was also modified with side-markers, aftermarket tinted windows, and chromed wheels. Additionally, many of the engine components which you showed me were chromed or polished. Most of my clientele prefer a car as close as possible to the way it left Sant Agata so they would consider it a very nice project.

Since the vast majority of your posts are here in the Official Countach Value Thread https://lamborghinichat.com/forum/search/10042736/?page=5 where you have declared multiple times that your purpose here is to sell the car, I wish you good luck.

 

I did watch the video and while it was accurate it is also several years old as it was made in 2015.
Since that time M1 & M2 money supply has double in just the last three years.
If you take a look at the chart below the money supply went parabolic.

I am not saying that Countach market prices are only going up because of excess cash in the market, but it is certainly helping fuel a good bit of price increases over the last year or so. IMO

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Well maybe it is time to get back on subject and discuss values today.

How about starting with the LP5000S, in light of this recent sale.

I do not know the car, so I do not know what kind of condition it was in or if $720K was an anomaly or not.
I have doubts that the market values have escalated this much over the past 7 years, so I can only conclude that this car was in exceptional shape and had the right color combo.

If I were to hazard a guess on what my 1984 LP5000S was currently worth, I would say somewhere between $400K & $450K in its current condition.
If I am low that is fine as I have no desire nor need to sell it at this time.

 

The car in question is what's known as a Factory Speciale, a car built by Lamborghini SpA as a reward to it's major USA concessionaire, Joe Nastasi with special appointment Coda Plexi (Plexi Tail) treatment. There isn't another one exactly like it with the same livery, and the person who purchased it went very long to get this one-off Countach.

Joe Sackey Classics was honored to sell this very Countach directly from Joe Nastasi @ a decade ago, I was amazed that he even let me sell it from his personal collection and even though I procured it for a dear client, I was tempted to keep it for myself. This is not a standard LP500S, I was consulted pre-auction FWIW.

A nice original & unmolested LP500S is valued around what you say, modified ones and ones requiring deferred maintenance such as the silver one above are worth significantly less.

Remember, you can have all the cash in the world, you still have to have desire for a Countach, not everybody wants one.

 

Joe thanks for the background on the car.
The sale price makes much more sense now.

 

Thank you Redlambo for your honest feedback