Will older Lamborhginis ever rise in value....

[johnfm]

..like the older Ferraris do?

I have notice that, for example, the 246 Dino is now ridiculously expensive, as are some other hitherto 'unpopular' Ferraris.

Collective thoughts on whether, say, Diablos, will go up in value the way some Countaches have?

[RedBull]

All Countachs are appreciating slowly now, but obviously the early ones have gone up much more as they are often considered more desirable to collectors etc.
The price of classic cars is (like most things really) dictated by supply and demand. Once a car goes out of production, the numbers available on the market will naturally decline due to accidents, neglect, wearing out etc. So the supply starts to get smaller, and if demand increases then prices rise. Look at the cost of a good Muira now
I reckon the Diablo will eventually rise, but it was made in far larger numbers than the Countach so it will probably take a good bit longer. I wouldn't have thought one would be a good short term investment right now. That said, I think they've just about bottomed out for the moment. But then I have never, ever bought any car as an investment, so my opinion is probably not worth much either

[XXVIII]

Based on a steady accretion of information over a number of years... (that's my way of trying to sound like I know what I'm prattling on about):

The value of ALL Lamborghini cars is steadily increasing and has been for some years now.

Not only Miuras, Countach LP400s and super-spectacular one-offs like the Monza 400 are so affected, but it is true (enough) to say that where the Miura leads, so other Lamborghinis follow.

A recent example was the sale of a 'good-very good' level Jarama which sold for £32k causing a far better Jarama to be taken OFF the market @ £30k, since the way things are going / have already gone that better car would therefore be worth much closer to £40k these days

I agree, badly cared for and f d about with Lamborghinis will become increasingly valueless, (like anything else) - useful only as sales income for parts-people like Eurospares... but, what humans could build, humans can rebuild, so no Lamborghini need ever die!

Diablos, if well cared for are probably the best buy for a longer-term holding-on-to but make sure they are properly used for best effect!! A garage-bound Lamborghini is a sin against nature and intention! (...said the sinner who doesn't use his Jarama anything like enough, no matter what I intend...)

[urraco 250 s]

Hi Everyone,

My urraco was brought for 11.000 pound last year and vauled at 20,000 pound this year so lambos are going up in vaule. I have always seen lambo under vauled which is such a shame as they are a lot of car for the money.

Thanks

Leslie

[TP321]

I can see Diablo's becoming very expensive in the future because not only are they 200+mph machines, they look like nothing else on the road (actually more striking IMHO than a Murci), and they were built in very small numbers compared to the more modern G or Murci. You only have to look at just how few are for sale at any given time and then compare that to Gs or Murcis, and especially 550's.

http://www.pistonheads.com/sales/294547.htm

http://www.pistonheads.com/sales/237628.htm

I just cant believe that something this good is so cheap! (relatively)

[sclayto2]

There is a period of time when a car is just an older model before it becomes a classic and then starts to appreciate.

I guess it differs for the type of car, possibly depending upon the volume made, e.g. how long did it take before a Mk1 Escort became a classic rather than an old Ford? Quite a while, but then they were common as muck.

Obviously, a Diablo wasn't that common, but I don't think it was as iconic as a Countach or Miura, therefore the prices are taking a while to appreciate. However, as the Lambo brand becomes more valuble the iconic older cars will appreciate. As they appreciate, usually the other machines are brought up with them.

Just my opinion.

[Redwing]

IMHO ....only if they have wings! Oh morning Mike!

[crikeymikey]

urraco 250 s said:

Hi Everyone,

My urraco was brought for 11.000 pound last year and vauled at 20,000 pound this year so lambos are going up in vaule. I have always seen lambo under vauled which is such a shame as they are a lot of car for the money.

Thanks

Leslie

I don't think it was as sweet as it is now that you've fiddled with it, Lesie.

I suspect that it's current value has as much to do with your tender care as anything credited to Lamborghini.

Back to the topic. Hmmm...

Unlike the weird situation with Ferrari (where people seem happy to deface a Dino 308GT4 or 246 with bloody Ferrari logos) I don't expect the same slavish devotion towards Lamborghini. Up untill FIAT's take over, at no point did Ferrari ever make a car better than anyone else, not least Lamborghini. Once FIAT's money started to take hold, and F1 (thanks to Bernie) really took off in the minds of the public, Ferrari started to make some half decent road cars. As for their F1 cars? Well, we all kow they where mostly British built, apart from the gearboxes, which were their only Achilles heel.

Maranello's image is unique and branded into the minds of the masses (hence, bloke in Tesco wearing Ferrari F1 shirt, etc... I mean, it's never a McLaren or Williams one is it?). You could put the Prancing Horse on a wheelie bin and it would find a ready market.

Ferrari has a strong brand image which, like Harley Davidson, now has very little to do with the products they actually make. Lamborghini, on the other hand, still has to justify itself by producing something that's worth buying and will continue to live and die by this commercial imperrative. Whereas Ferrari can get away with making the occassional lemon, Lamborghini will have to keep focussed.

As evidence of what I mean, I have a friend who owns (amongst others) an F40 and Enzo and yet by his own addmission he's not in "the inner circle" because he hasn't got a 250 (of any sort) or an FXX. What kind of perverse snobbery is this?

I don't see the collector interest in the Muira and LP400 being repeated... ever. Personally, I see no reason why a Countach or Diablo would increase in value by anything other than inflation. I know that's going to rub a few people up the wrong way but that's my veiw. I know a few people are sitting on cars they aren't driving, in the hope that it will prove to be a nice little nest egg but I can't see it happening.

I can only see the Diablo GT, being a future nest egg and even then, only if it's got hardly any miles on the clock.

In short, I don't think Lamborghini buyers are quite the mugs that Ferrari has managed to gather around itself. Elitism is a double edged sword, after all.

Contentious? Moi? You can tell it's a slow day.

[sclayto2]

urraco 250 s said:

I have always seen lambo under vauled which is such a shame as they are a lot of car for the money.

Hey Leslie,

The good thing about this, is that it allows us mere mortals to buy and use them.

[crikeymikey]

Redwing said:

IMHO ....only if they have wings! Oh morning Mike!

Morning Jim.

You can tell I've taken an extra large dose of self-importance this morning.

[Redwing]

Morning other Mike, didn't see you there!

Edited by Redwing on Tuesday 27th November 10:48

[johnfm]

What's a Diablo like to live with? Is the seating position similar to a countach? I found the brother-in-law's Countach pretty hard on the back - the seating position is just not quite right for me. I expect this can be forgiven if the noise and drama are similar to the Countach.

[wintrading]

Look what a miura is worth right now or a 350 or 400. Even islero's are rising fast nowadays.

I do not see any reason why newer lambo's will not rise in the future.

Freddy

[urraco 250 s]

crikeymikey said:

urraco 250 s said:

Hi Everyone,

My urraco was brought for 11.000 pound last year and vauled at 20,000 pound this year so lambos are going up in vaule. I have always seen lambo under vauled which is such a shame as they are a lot of car for the money.

Thanks

Leslie

I don't think it was as sweet as it is now that you've fiddled with it, Lesie.


Thanks mikey she is going for some more work next month

Thanks

Leslie

[urraco 250 s]

sclayto2 said:

urraco 250 s said:

I have always seen lambo under vauled which is such a shame as they are a lot of car for the money.

Hey Leslie,

The good thing about this, is that it allows us mere mortals to buy and use them.

That's true

[wintrading]

We are forgetting a few things over here!!!

First classic cars rise in price if they have some kind of racing histiry or people can ride races like classic rallyes with them like the tour the france. Also are those cars able to enter classic races?? Like let say a alfa romeo guilia GTA is worth more then 100000 euro now because you can actually do something in them. Ferrari's the same thing. Some ferrari's we not rise in price very fast like the 512 testa rossa because this car was never raced.

So most of th classic ferrari's which are worth lots of money right now have racing history or raced in races like the Daytona or even 308's raced in rallyes like the Michelloto 308 resina's.

The countach as far as i know never raced so what can you do with this car? I also asked this question to my brother in law who prepares classic ferrari's for races. And this was his answer. Lots of old ferrari's entered famous races like the 250 gto the 250 SWB Daytona 275 gtb(not so much but it did race, was even special serie made for races). Some old cars are still not worth much. And it is not only ferrari who makes huge prices look at those other racing cars like the Lancia stratos or even alpine 110. Or old racing alfa romeo's TZ tubulare and so on. Lot has to do with this racing history. Look at prices of GT 40's and even shelby's. All raced!!! So it is not only ferrari also other cars. And old lambo's like 350's have high prices now even they did NOT race. Also important is how much there are, how much were made. Like ferrari boxer, this car DID race BBLM!!! And only 1000 or so were made, so this is my tip.

GTA only a few hundred. 308 there are a lot of them but resina's also a few hundred.

I do not know so well but i think lambo's have not much racing history. This is a major point.

And think that a 250 california spider is actually a 250 SWB with other body. Just a few!!

I think the formula 1 lambo's will catch as much money as other old formula one racers . I do not know this but would not be surprised.

And also the old and very expensive 212 models and so on All with racing history.

By the way try buying a miura SV nowadays!!!! ore expensive then a daytona even without racing history!!!

Freddy

[urraco 250 s]

a car doesn't need racing history to go up in value

[wintrading]

You are right but it does help!!! Like a ferrari 250 gte is very close to a 250 SWB but the SWB raced and see the price difference.

[urraco 250 s]

There was a miura sv roadster and that wnet for about 1 million pound but that was a one off so would one off cars be greater value?

[wintrading]

Think so. The first ferrari is called 002 and there is only one but it does not make as much money as a 250 GTO strange enough. Also models like special 512 racers there are only one of makes huge money but still not so much as a 250 gto. But i think you can say your are right.

Freddy