2008 Gallardo spider - 12K miles, e-gear - what's it worth?

Helping a customer sell his Gallardo. How do you determine the market value?? We've been fixing lambos for 30 years and have helped sell some. Have no idea how to determine a fair selling price. Advice? Where can you find selling prices?

 

Sandy de Groot

what's the color and options

what's the color and options

 

Black/black, 6-speed. Everything is pretty much standard. Is there a Lamborghini counterpart to the Ferrari Market Letter? What is Manheim? Do you have to be a dealer to use it?

 

Just trying to help a customer figure out a fair asking price. Thanks - Sandy

 

 

140-145k.....

 

 

 

You say e-gear and 6-speed? Clarification?

 

Best

You say e-gear and 6-speed? Clarification?

 

Best

Uh oh... I'd have to get back to you on that! This I know, it has e-gear...and is a black spyder!

 

140-145k.....

 

Where do you get that from? Can you look it up somewhere or is this from studying asking prices all over the place? Is there a place that lists values...like a KBB for exotics??

Where do you get that from? Can you look it up somewhere or is this from studying asking prices all over the place? Is there a place that lists values...like a KBB for exotics??

 

fikse is saying that because on this site most of the long time members have a good idea of the general market due to having friends that have bought/sold recently, or having bought sold ourselves recently. There is no good source out there to nail down a price. You could use autotrader and cars.com to set your asking price. If you are not going to be the selling agent then there are sponsors of this board that will consign sell for reasonable prices and great service like exoticcarsearch or catsexotics or premier exotics. They'll well advise you about the best prices as they know probably the best what these cars are bringing. The problem with manheim is the prices at the auctions really don't reflect the current market.

fikse is saying that because on this site most of the long time members have a good idea of the general market due to having friends that have bought/sold recently, or having bought sold ourselves recently. There is no good source out there to nail down a price. You could use autotrader and cars.com to set your asking price. If you are not going to be the selling agent then there are sponsors of this board that will consign sell for reasonable prices and great service like exoticcarsearch or catsexotics or premier exotics. They'll well advise you about the best prices as they know probably the best what these cars are bringing. The problem with manheim is the prices at the auctions really don't reflect the current market.

 

The above it 100% correct. I think he gave you about every avenue to get the most for your customer, and I also think Fikse is correct on his assessment.

 

Best of luck!

 

PS- If it has an e-gear it is a paddle shifted manual. When you list for sale or pass sale information on saying 6-speed tends to lead people in believing it is a true manual six speed and the last thing you want to do is provide confusing information to buyers. No reason no worry customers trying to $100-160K on a car.

Thanks for the excellent advice guys! We are actually the consignee, just trying to get a handle on how to research market values. Appreciate all the info and the clarification of 6-speed vs e-gear. I'm the office person, not a mechanic. ^-^ Sandy

Some general rules of thumb, Spyder's seem to list about $10k more than coupe's for the same year and options. E-gear seems to list for about $10k more than 6 speeds. So a 2008 E-Gear Spyder in a skittles color (orange, yellow, etc) with 10k miles I have seen listing for $145k-$149k and a 6-speed for same year $135k-139k. I'd expect to negotiate up to $5k off the price and/or get some maintenance or tires chipped in from the dealer.

 

Manheim is manheim auction data, dealers and some others can access them. It's a wholesale auction price without comment on quality and maintenance and will have prices below what you would see for same year/model at a retailer like Lamborghini Houston, Lamborghini Dallas, etc etc. For pricing purposes, I'd suggest you go look at some authorized retailer websites and find similar year/miles/color combos in a coupe and use that. Also check out www.catsexotics.com, Roy Cats has top shape cars at good prices.

 

Here's what that type of data looks like:

 

2007 Spyder

12/17/09 RIVRSIDE Regular $116,000 6,005 Below YELLOW 10G M Yes

02/03/10 ATLANTA Lease $124,500 14,463 Avg YELLOW 10G A Yes

02/11/10 RIVRSIDE Regular $131,000 3,102 Above BLACK 10G A Yes

02/25/10 RIVRSIDE Regular $126,000 8,852 Avg YELLOW 10G A Yes

03/10/10 W PALM Regular $132,500 4,716 Above PEARL 10G A Yes

07/12/10 FAAO Regular $127,525 3,619 Avg NONE NON N Yes

 

 

on 2006 coupes

 

07/28/11 RIVRSIDE Lease $100,000 11,851 Avg GRAY 10G A No

08/11/11 RIVRSIDE Lease $104,000 15,392 Avg ORANGE 10G 6 No

09/22/11 RIVRSIDE Lease $70,000 10,800 Avg BLACK 10G 6 No

 

 

2007

coupe

 

03/10/10 PALM BCH Regular $109,000 13,756 Avg RED 10G P No

03/25/10 RIVRSIDE Lease $112,000 13,908 Avg BLACK 10G 6 No

04/22/10 DFW Regular $118,000 13,756 Avg Red 10C A No

04/21/11 RIVRSIDE Regular $101,000 14,459 Avg BLACK 10G A No

05/19/11 PALM BCH Regular $135,500 4,598 Avg Black 10C A No

07/06/11 PA Regular $137,900 6,164 Avg Black 10C M No

08/11/11 RIVRSIDE Regular $102,000 28,872 Avg BLACK 10G A No

 

2008 coupes

06/29/10 ORLANDO Regular $132,525 6,099 Avg Black NON N No

03/09/11 PALM BCH Regular $135,000 6,519 Avg GREEN 10G A No

06/21/11 ORLANDO Regular $111,990 18,041 Avg Blue 10G A No

 

2005 coupe

 

01/14/10 RIVRSIDE Regular $90,500 15,329 Avg BLACK 10G A No

03/03/10 ATLANTA Lease $83,200 10,709 Avg YELLOW 10G P No

03/09/11 PALM BCH Regular $97,500 8,372 Avg YELLOW 10G 6 No

05/12/11 PA Regular $107,000 5,855 Avg ORANGE 10G No

08/29/11 CALIFORN Regular $85,000 24,868 Avg White NON N No

09/06/11 RIVRSIDE Regular $98,000 24,988 Avg White 10C A No

09/29/11 NEVADA Regular $90,000 23,424 Avg SILVER 10G 6 No

 

 

 

2008 SL

 

11/20/09 FT LAUD Regular $143,777 6,777 Avg BLACK 10G A No

01/25/10 HOUSTON Regular $133,141 5,256 Avg Black NON N No

04/07/11 RIVRSIDE Regular $155,000 6,871 Avg YELLOW 10G A No

07/14/11 PALM BCH Regular $140,525 15,500 Avg Gray NON A No

09/15/11 PALM BCH Regular $143,250 12,915 Avg Orange 10G A No

 

2004 coupe

 

07/26/11 NEWENGLD Lease $82,000 15,248 Avg YELLOW 10G A Yes

08/17/11 ATLANTA Regular $79,600 28,265 Below YELLOW 10G A Yes

08/18/11 PA Regular $84,500 14,710 Above BLUE 10G E Yes

08/22/11 SAN ANTO Regular $83,000 10,876 Avg YELLOW 10G A Yes

09/06/11 STATESVL Regular $84,500 28,379 Above Yellow 10C N Yes

09/08/11 RIVRSIDE Regular $82,000 28,087 Avg SILVER 10G 6 Yes