LP700 - Prices and Specific Car
Discussion
Hey all,
I've had a Ferrari 360 for 10+ years and considering buying a used LP700 as a replacement. I know the 'base model' isn't as good as the S, SV or SVJ but I can't justify those kind of figures just now. I'm looking at about £150k or so for a standard LP700.
I have a few questions:
1) Is there some type of consensus what is going to happen to residuals for those of you who have been in this game for much longer? At the bottom end of the market, Murci's and Aventador's are 'neck and neck' in terms of listing price. Is it fair to say that Murci's have plateaued, but LP700's are going to continue falling - perhaps to below Murci's? How much lower than £150k would a LP700 ever get to? Under £100k?
2) Does anyone know this car: https://www.pistonheads.com/buy/listing/10972377?c...
Thanks,
3) What is the market there like - are cars shifting or languishing due to lockdown?
I've had a Ferrari 360 for 10+ years and considering buying a used LP700 as a replacement. I know the 'base model' isn't as good as the S, SV or SVJ but I can't justify those kind of figures just now. I'm looking at about £150k or so for a standard LP700.
I have a few questions:
1) Is there some type of consensus what is going to happen to residuals for those of you who have been in this game for much longer? At the bottom end of the market, Murci's and Aventador's are 'neck and neck' in terms of listing price. Is it fair to say that Murci's have plateaued, but LP700's are going to continue falling - perhaps to below Murci's? How much lower than £150k would a LP700 ever get to? Under £100k?
2) Does anyone know this car: https://www.pistonheads.com/buy/listing/10972377?c...
Thanks,
3) What is the market there like - are cars shifting or languishing due to lockdown?
I’ve got an early manual Murcielago and an Aventador SV.
There are c.4,000 Murcies. And 10,000+ AVs.
So I suspect longer term Murcie’s residuals may be better. Seems to be an age thing. Quite a lot of love for Diablos at the moment (c.2,000 of them)
Both are V12 four wheel drive Lambos.
What’s not to like.
The AV feels more modern, better made (more Audi bits). But both have about the same amount of stuff to go wrong. Whereas early Diablos are much simpler - no four wheel drive, abs, traction control, power steering.
Drive them both and you’ll know,
If it’s an AV, get a 2013+ car.
If it’s a Murcie, get a manual.
There are c.4,000 Murcies. And 10,000+ AVs.
So I suspect longer term Murcie’s residuals may be better. Seems to be an age thing. Quite a lot of love for Diablos at the moment (c.2,000 of them)
Both are V12 four wheel drive Lambos.
What’s not to like.
The AV feels more modern, better made (more Audi bits). But both have about the same amount of stuff to go wrong. Whereas early Diablos are much simpler - no four wheel drive, abs, traction control, power steering.
Drive them both and you’ll know,
If it’s an AV, get a 2013+ car.
If it’s a Murcie, get a manual.
TP321 said:
I think Aventadors will hold - they seem to be a universally admired and adored model. Much more than the Murcielago, and much better driving
I don’t agree that the Aventador is better to drive than a Murceilago, not by a long shot in my opinion. Easier, much, but better, noOP - I am sure that you already know this , but it might be worth pointing out that the Murcie and the Aventador have completely different chassis and engines .
The Murcie's chassis and engine both have a history that can be traced back to the mid 1960's .
Who knows if this will have any impact on the question that you raise ( in point 1 above )
Moving on to the driving experience , the biggest limitations affect both these cars equally - namely :
- limited outwards visibility
- width
- mass
- four wheel drive ( this one can be an advantage or a disadvantage depending on your viewpoint and the prevailing driving conditions )
For road driving ( and these are road cars , however much the PR dept might try to convince you otherwise ) I really dont see the power and torque OR the much discussed gearbox issue being a big differentiating factor .
If you put the Murcie's E-gear ( The Aventador too uses a single clutch robotised manual system ) . into Sport mode , it behaves perfectly acceptably --- and I truly wonder how much better later iterations of it could possibly be for road driving in the UK or on the Continent , unless you are prepared to put your license and freedom at real risk .
The truth is that these cars only really come alive once into three figures .
Finally the SCRMS might not have the speed of change of a PDK gearbox , but it certainly has its own charms , and can the average owner-driver actually detect the difference in gearchange speed in road driving conditions - I suspect not , and even if he or she could , would it matter at all ?
The Murcie's chassis and engine both have a history that can be traced back to the mid 1960's .
Who knows if this will have any impact on the question that you raise ( in point 1 above )
Moving on to the driving experience , the biggest limitations affect both these cars equally - namely :
- limited outwards visibility
- width
- mass
- four wheel drive ( this one can be an advantage or a disadvantage depending on your viewpoint and the prevailing driving conditions )
For road driving ( and these are road cars , however much the PR dept might try to convince you otherwise ) I really dont see the power and torque OR the much discussed gearbox issue being a big differentiating factor .
If you put the Murcie's E-gear ( The Aventador too uses a single clutch robotised manual system ) . into Sport mode , it behaves perfectly acceptably --- and I truly wonder how much better later iterations of it could possibly be for road driving in the UK or on the Continent , unless you are prepared to put your license and freedom at real risk .
The truth is that these cars only really come alive once into three figures .
Finally the SCRMS might not have the speed of change of a PDK gearbox , but it certainly has its own charms , and can the average owner-driver actually detect the difference in gearchange speed in road driving conditions - I suspect not , and even if he or she could , would it matter at all ?
carspath said:
Moving on to the driving experience , the biggest limitations affect both these cars equally - namely
- limited outwards visibility
The truth is that these cars only really come alive once into three figures .
Sorry, don’t agree with either of those points at all. - limited outwards visibility
The truth is that these cars only really come alive once into three figures .
Edited by Ferruccio on Monday 16th November 11:58
carspath said:
OP - I am sure that you already know this , but it might be worth pointing out that the Murcie and the Aventador have completely different chassis and engines .
The Murcie's chassis and engine both have a history that can be traced back to the mid 1960's .
Who knows if this will have any impact on the question that you raise ( in point 1 above )
Moving on to the driving experience , the biggest limitations affect both these cars equally - namely :
- limited outwards visibility
- width
- mass
- four wheel drive ( this one can be an advantage or a disadvantage depending on your viewpoint and the prevailing driving conditions )
For road driving ( and these are road cars , however much the PR dept might try to convince you otherwise ) I really dont see the power and torque OR the much discussed gearbox issue being a big differentiating factor .
If you put the Murcie's E-gear ( The Aventador too uses a single clutch robotised manual system ) . into Sport mode , it behaves perfectly acceptably --- and I truly wonder how much better later iterations of it could possibly be for road driving in the UK or on the Continent , unless you are prepared to put your license and freedom at real risk .
The truth is that these cars only really come alive once into three figures .
Finally the SCRMS might not have the speed of change of a PDK gearbox , but it certainly has its own charms , and can the average owner-driver actually detect the difference in gearchange speed in road driving conditions - I suspect not , and even if he or she could , would it matter at all ?
I think the SCRMS gearbox suits both cars really well and the bad rap mostly come from people who either haven’t driven the cars or who want something different from a gearshift that DCTs can supply. The Murcie's chassis and engine both have a history that can be traced back to the mid 1960's .
Who knows if this will have any impact on the question that you raise ( in point 1 above )
Moving on to the driving experience , the biggest limitations affect both these cars equally - namely :
- limited outwards visibility
- width
- mass
- four wheel drive ( this one can be an advantage or a disadvantage depending on your viewpoint and the prevailing driving conditions )
For road driving ( and these are road cars , however much the PR dept might try to convince you otherwise ) I really dont see the power and torque OR the much discussed gearbox issue being a big differentiating factor .
If you put the Murcie's E-gear ( The Aventador too uses a single clutch robotised manual system ) . into Sport mode , it behaves perfectly acceptably --- and I truly wonder how much better later iterations of it could possibly be for road driving in the UK or on the Continent , unless you are prepared to put your license and freedom at real risk .
The truth is that these cars only really come alive once into three figures .
Finally the SCRMS might not have the speed of change of a PDK gearbox , but it certainly has its own charms , and can the average owner-driver actually detect the difference in gearchange speed in road driving conditions - I suspect not , and even if he or she could , would it matter at all ?
Obviously there is no manual option on the Aventador but I’ve driven both versions on the Murci. The manuals are nearly all early cars and if you are looking for an early Murci, I would go manual for roughly the same cost as an early Aventador. Personally, I prefer the later LP Murci as an overall package but that might be over budget.
There are so few LP640 manuals around so I haven’t driven one but the single clutch box suits the car very well, and I’m not a skilful enough driver to get the most out of a 3 pedal version with all the extra power over the early 6.2 cars.
I don’t agree that you need to be doing 3 figures to enjoy either car and I’ve never had a problem with limited visibility.
OP, have you driven an Aventador?
Thanks for the comments guys, a lot of food for thought.
No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
Sm1987 said:
Thanks for the comments guys, a lot of food for thought.
No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
I would suggest you drive both. I think the Murci drives better, sounds much better and is definitely a safer place residual wise. I also prefer the looks but that’s subjective. I cancelled my Aventador order after my test drive. My Murci was better in my eyes.No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
Most Murcielagos are looked after by independents these days where the work is generally cheaper and better quality than the main dealer network where most Aventadors still go, what with it still being the latest model.
Where are you based? I’d happily take you for a spin in mine and I know a couple of Aventador owners who might show you round theirs.
Also, I know of 2 other Murcielago owners who also have a 360 so might be able to offer some more specific insight in to your dilemma.
Each to their own but as pin up cars go, the Aventador takes some beating - and in its price point nothing comes close.
Yes they sold more of them versus the Murcielago, but that’s partly because the model was more reliable (Audi), but also globalisation and the emergence of markets in China, India, Middle East, resulting in much higher demand.
Yes they sold more of them versus the Murcielago, but that’s partly because the model was more reliable (Audi), but also globalisation and the emergence of markets in China, India, Middle East, resulting in much higher demand.
Sm1987 said:
Thanks for the comments guys, a lot of food for thought.
No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
Maintenance costs will be down to luck. No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
Sm1987 said:
Thanks for the comments guys, a lot of food for thought.
No, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
Now prices have steadied down and still maybe falling don't think there's any rush apart from an impatience to own one of yourNo, I’ve never driven a lambo. Lockdown is stifling this somewhat.
There is other things I can do with the money and hence the opportunity cost for me just now is quite high. Hence (might sound boring), but I’m trying to use ‘man maths’ to justify getting it - therefore the importance I want to place on residuals. Whether this plays out or not is anyone’s guess but it’ll be easier to justify in my head.
Like for like, the repair/maintenance for an older Murci be significantly higher than an Aventador? It sounds as if a manual Murci is going to be the best ‘residual investment’, but it’s the Aventador that does it for me in the looks department.
dream cars,
Doubt if you will be using it that much this side of Spring so plenty of time to find the wright car at a sensible price. ,
Shouldn't have to justify it to yourself after owning the 360 for 10 years +, Obviously you are Steady Eddy amongst the world of Super car buyers that make spur of the moment irrational decisions , which is not a bad thing in these uncertain times when quite a few on here have changed their super cars several times in the same period .
Buying a Lamborghini or any Super car for that matter should be an exciting emotional time and try not to over analyse it to much,
Sometimes you just got to go with your heart .
Edited by rat rod on Tuesday 17th November 13:26
Sm1987 said:
Hey all,
I've had a Ferrari 360 for 10+ years and considering buying a used LP700 as a replacement. I know the 'base model' isn't as good as the S, SV or SVJ but I can't justify those kind of figures just now. I'm looking at about £150k or so for a standard LP700.
I have a few questions:
1) Is there some type of consensus what is going to happen to residuals for those of you who have been in this game for much longer? At the bottom end of the market, Murci's and Aventador's are 'neck and neck' in terms of listing price. Is it fair to say that Murci's have plateaued, but LP700's are going to continue falling - perhaps to below Murci's? How much lower than £150k would a LP700 ever get to? Under £100k?
2) Does anyone know this car: https://www.pistonheads.com/buy/listing/10972377?c...
Thanks,
3) What is the market there like - are cars shifting or languishing due to lockdown?
Get a Aventador and enjoy it and you will but 2013 onwards is a safe bet as some early cars had many software issues, Cant see them ever being at 100k, I've had a Ferrari 360 for 10+ years and considering buying a used LP700 as a replacement. I know the 'base model' isn't as good as the S, SV or SVJ but I can't justify those kind of figures just now. I'm looking at about £150k or so for a standard LP700.
I have a few questions:
1) Is there some type of consensus what is going to happen to residuals for those of you who have been in this game for much longer? At the bottom end of the market, Murci's and Aventador's are 'neck and neck' in terms of listing price. Is it fair to say that Murci's have plateaued, but LP700's are going to continue falling - perhaps to below Murci's? How much lower than £150k would a LP700 ever get to? Under £100k?
2) Does anyone know this car: https://www.pistonheads.com/buy/listing/10972377?c...
Thanks,
3) What is the market there like - are cars shifting or languishing due to lockdown?
Aventador is a better car than a Murci
Ferruccio said:
Sm1987 said:
Thanks for all the feedback guys. I’ve recently had the chance to be a passenger in one. However, I heard a lot of creaking from the cabin? Especially the passenger side door handle.
Are these normal for an Aventador or abnormal?
Well not on mine. Are these normal for an Aventador or abnormal?
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