RE: Pagani Beats the Crunch
Wednesday 18th March 2009
The first ever Pagani Zonda to be sold at public auction has gone under the hammer for a massive £770,000 - nearly twice its original price tag of £400,000.
Pagani Beats the Crunch
Zonda F ClubSport fetches £770,000 at auction
That impressive figure suggests that not only is Zonda acquiring classic status but rare and prized luxury commodities like limited-run handmade Italian supercars can still be a safe bet for those lucky enough to be able to afford them.
The F ClubSport was the coupe number six from the limited run of just 25 cars, and featured every option available. It sold with just 4,500 miles on the odometer.
The car was auctioned by Coys with no reserve to a public audience, and no information is known about the winning bidder.
We've left the advert up on PH Classifieds for you all to have a good look at.
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Discussion
Are Auctions the best way of judging somethings value? Some might say so, but actually, if a bidding war occurs between two bidders they might well change the real value disproportionatly.
If theres only one serious bidder at the auction next time round this price might look rediculous. I've seen an auction with two people squablling over buying one item, and pushing the price right up. Following auction same items appears but only makes a third of the price.
If theres only one serious bidder at the auction next time round this price might look rediculous. I've seen an auction with two people squablling over buying one item, and pushing the price right up. Following auction same items appears but only makes a third of the price.
A friend of mine was at the auction, he is a dealer and was representing a client - the max they bid was £375k, then apparently two gentlemen form the Middle East got in a bit of a Pis**ng competition! Hence the result - these things happen occasionally, but this is by no way a reflection of the true market value of these cars - trading that car right now would result in a massive loss!
modenaf7red said:
A friend of mine was at the auction, he is a dealer and was representing a client - the max they bid was £375k, then apparently two gentlemen form the Middle East got in a bit of a Pis**ng competition! Hence the result - these things happen occasionally, but this is by no way a reflection of the true market value of these cars - trading that car right now would result in a massive loss!
Unlikely- Zonda's seem to be one car that are pretty much depreciation-proof. Bear in mind the company have only made about 100 road going cars, making a Zonda 4 times rarer than an Enzo, for example. LHD drive cars in particular have gone for vastly over 'list' before. I have often wondered why Pagani don't just increase the sale price sufficiently to double their profit margin, they could still virtually guarantee selling every car they make.r1chardb said:
'I'm quite embarassed to say I havn't had the opporunity of driving this'on his Carrera GT, what a waste!!!
r1chardb said:
The green one now belongs to a PH'er 
modenaf7red said:
A friend of mine was at the auction, he is a dealer and was representing a client - the max they bid was £375k, then apparently two gentlemen form the Middle East got in a bit of a Pis**ng competition! Hence the result - these things happen occasionally, but this is by no way a reflection of the true market value of these cars - trading that car right now would result in a massive loss!
Not necessarily.A left hand drive Zonda F clubsport sold for just over 900,000 euros recently so the UK car is priced about right IMO.
r1chardb said:
Amazing... Cant help but feel that i would have made time to drive all of the cars though!... doesn't seem like he's that interested in anything other than their looks.J4me5 said:
r1chardb said:
Amazing... Cant help but feel that i would have made time to drive all of the cars though!... doesn't seem like he's that interested in anything other than their looks.He may appreciate the beauty of the cars. He also enjoys driving them.
r1chardb said:
This guy is cool. Really laid-back, absolutely loaded and appreciative of what he has. I guess its the same with me and my micro machines collection...
LeBrun said:
r1chardb said:
'I'm quite embarassed to say I havn't had the opporunity of driving this'on his Carrera GT, what a waste!!!
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