Latest Hagarty evaluations..

Tried to get a good sampling..

Damn, better than money in the bank, I said it all along cars are a good investment but I am yet to be proven right by my own purchases

I LOVE their new site! I've been pouring over a few select cars and the data, it's an incredible resource.

good god! 400k for a countach ??!!

 

i remember these cars selling for like 110-120k on ebay

 

 

Interesting on the Anniversary model. That average seems a little low to me.

Interesting on the Anniversary model. That average seems a little low to me.

I think its spot on from what Ive seen. Someone created a false hoopla on another board surrounding the car for their own personal gain. Appart from that, for the most part it is the least desirable Countach with a steady stream of inventory.

Hagerty is the best guide out. They are usually fairly accurate, but still on some can be a month or two behind. One of the things that makes them more accurate is they use their own insured value data.

 

But its correct to say the anni inventory is pretty high these days.

I think its spot on from what Ive seen. Someone created a false hoopla on another board surrounding the car for their own personal gain. Appart from that, for the most part it is the least desirable Countach with a steady stream of inventory.

 

For a carbed 89? Interesting at any rate, and far better than Keith Martin's evaluations.

The last anni carb was way over priced. Be interesting to know what it did sell for. Carb too me doesn't carry a high premium, even in rare numbers. But I guestimate an anni to be worth $300k to $380k retail these days.

 

9 or so for sale currently and they are not fetching the high asking prices.

Yeah, the 25ths, it's sometimes a crap shoot and tough to understand why some sell for they're own price. This was yesterday:

 

THE ANDREWS COLLECTION

2 May 2015

Lot 192

 

1990 Lamborghini Countach 25th Anniversary

 

To be auctioned on Saturday, May 2, 2015

showing 1,240 kilometers from new

Without Reserve

 

Sold for $451,000

 

Chassis no. ZA9CA05A1LLA12049

 

Yeah, the 25ths, it's sometimes a crap shoot and tough to understand why some sell for they're own price. This was yesterday:

 

THE ANDREWS COLLECTION

2 May 2015

Lot 192

 

1990 Lamborghini Countach 25th Anniversary

 

To be auctioned on Saturday, May 2, 2015

showing 1,240 kilometers from new

Without Reserve

 

Sold for $451,000

 

Chassis no. ZA9CA05A1LLA12049

 

 

That will certainly effect thair chart on the next update...

The thing about the major public auctions is they are not wholesale, they are high to above retail venues. Very low kilometers, equals premium price. In the real world, with no auction pressure to win the bid, these cars can loose some value. $450k is high retail ask on these.

 

They will be worth over $450k, just not in this cycle. Next 5 years and next cycle we'll see anni's trading over $500k.

The thing about the major public auctions is they are not wholesale, they are high to above retail venues. Very low kilometers, equals premium price. In the real world, with no auction pressure to win the bid, these cars can loose some value. $450k is high retail ask on these.

 

They will be worth over $450k, just not in this cycle. Next 5 years and next cycle we'll see anni's trading over $500k.

 

 

I would assume haggertys has more resources to determine fmv pricing than just publicly reported auctions.... Considering they are one of the largest collector car insurers around... They know what their clients are paying on newly acquired vehicles... And what their agreed upon valuations are... If anything, their valuations may be on the low side given their interests.

I would assume haggertys has more resources to determine fmv pricing than just publicly reported auctions.... Considering they are one of the largest collector car insurers around... They know what their clients are paying on newly acquired vehicles... And what their agreed upon valuations are... If anything, their valuations may be on the low side given their interests.

 

Think I said in the first post Hagerty is the most accurate because they use their own agreed values and auction results.

 

I do believe they are a little low on anni's. Some are trying for over $400k now, but don't see those selling at those prices. The Cats Exotics anni in white has been at $344k something for awhile now, its not selling.

http://www.dupontregistry.com/autos/listin...ountach/1096803

 

 

1988- $750,000.00

The 88 has been off their site for about a month. $750,000 was a little strong for the car. Would be curious to know how much they sold it for or if it was a consignment and the consignor took it back.

 

 

The 88 has been off their site for about a month. $750,000 was a little strong for the car. Would be curious to know how much they sold it for or if it was a consignment and the consignor took it back.

 

 

It is not a consignment car. Belongs to Ogara. They dont really want to sell it, every time someone offers near their asking price, they raise the price.

Interesting. Does Ogara own more and are trying to raise the prices overall?

 

There is two anni's offered by Canepa, both have been for sale awhile now. Be interesting to know what they are asking for them, like Ogara, they usually ask nose bleed pricing.

 

This one is also interesting: http://silverarrowcars.com/inventory/1988-...ach-lp5000s-qv/ sort of local to me, short ferry boat ride away. Its been for sale awhile as well. They are asking $429,000 U.S. for it.

 

It seems over $400k and all versions seem to sit on the market. Under $400k and in the low $300k they sell fast.

 

I do believe they are a little low on anni's. Some are trying for over $400k now, but don't see those selling at those prices. The Cats Exotics anni in white has been at $344k something for awhile now, its not selling.

My first thought exactly. With all the hype, which I don't buy, I'm surprised Roy's car hasn't sold and he's having to take it to auction.

 

So who's increasing their agreed values based on these updates?

 

example of a fast sale: http://www.lambopower.com/forum/index.php?showtopic=75660

Well, I just picked this one up today...........

 

RARE but there still out there! Just picked up this 1988 Lamborghini Countach with ONLY 2108 MILES from NEW!! ONLY 2 owners, 1st one till 2009. All books, tools, documents INCLUDING ORIGINAL MSRP Window sticker, import papers, MSO document.

 

So lets start thinking whats it worth?

 

Torn on if its worth spending $20K to put the Euro bumpers on it, front and rear....will you get that back int he swelling price..OR IS IT so Original and low miles, leave it the way it is and let the next owner decide??

 

Roy

 

Although the additional $20K on the sale price wouldn't likely be a deal breaker with the current values these cars are bringing.

I would keep it as is and let the buyer decide what they want to do with it.

Roy

 

Although the additional $20K on the sale price wouldn't likely be a deal breaker with the current values these cars are bringing.

I would keep it as is and let the buyer decide what they want to do with it.

 

So there are people out there who like the big bumpers then? interesting.

 

Going back to current market values and insurance coverage.

What would happen if you suffered a catastrophic loss due to fire and the car is a total loss?

You had owned it for a dozen years and you kept increasing the coverage as the cars value continued to rise.

For all intent purposes the car was insured for $400,000.00 however your total costs of ownership only add up to $100,000.

If you purchased another similar car with the funds you receive from a settlement it is straight forward.

However I would imagine if you decided to take the check one would be subject to capital gains correct?

 

So there are people out there who like the big bumpers then? interesting.

I am getting mine back this week with the whole Euro look modification, if that is Ok, I will post some pictures, I would like to get some feedback if this job was done right, thank you in advance!

Doc I'll think of you when I try to pass the torch,