Diablos very slow at selling?
Diablos very slow at selling?
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Discussion

randomwalk

Original Poster:

534 posts

195 months

Thursday 1st December 2011
quotequote all
I have been watching the Diablo's for sale for some time now, some have been for sale for 12months or more, i understand the current economics are against a quick sale however I wonder why they do not sell? There is a wide disparity in prices of Diablo's so choice for those with different budgets, perhaps someone in the market for a used supercar would lean towards a Gallardo being a newer car and in a similar price range?

Personally I prefer the old school supercar look of the Diablo, they just do not seem to be very saleable atm, happy to be corrected on this perception however I just see the same old ones for sale from week to week, with the possible exception of a recent sale of a certain SV.

nickster

491 posts

279 months

Thursday 1st December 2011
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On April 18th at 6.30pm I put mine up for sale on autoscout24.de

At 6.40pm I had agreed to withdraw my advert and give the enquirer sole right to purchase my car for the next 7 days,at an agreed price.

On the 22nd,the deal was concluded - I was paid in full and the car was gone.

Not trying to be a smart arse.Just giving some balance to the assertion that diablos are slow to sell.

best regards

nickster

Mattymouse33

1,276 posts

238 months

Thursday 1st December 2011
quotequote all
randomwalk said:
I have been watching the Diablo's for sale for some time now, some have been for sale for 12months or more, i understand the current economics are against a quick sale however I wonder why they do not sell? There is a wide disparity in prices of Diablo's so choice for those with different budgets, perhaps someone in the market for a used supercar would lean towards a Gallardo being a newer car and in a similar price range?

Personally I prefer the old school supercar look of the Diablo, they just do not seem to be very saleable atm, happy to be corrected on this perception however I just see the same old ones for sale from week to week, with the possible exception of a recent sale of a certain SV.
I have to agree. I own a 96 VT with 20,000 miles and paid a premium for a great condition car at £58k in April 09 and I have had it on the market on and off since the start of the year. It still hasnt sold despite being priced down at 2WD levels and now at £47k. Im not fussed over a few grand here and there so just figured it would go quite quick but it hasnt. Maybe it scares people off, who knows. I have had a lot of interest in it but then people just vanish into thin air etc. There was a 2WD 94 Diablo, same colour as mine with double the mileage that sold for £55k a month or two back, it doesnt figure and get this, it was just sold again on Monday! Some say they dont like the colour but they dont know that colours were very limited and that this is one of the most striking available at the time.

I think the average 2WD car goes for mid 40's, VT's seem to be in the 50's, SV's were in the 60's but seem to have risen somewhat over the last wee while to the 70's and 80's. SE30's and 6.0's above that.

Diablos are awesome cars. Mine has cost me less than £2k in nearly three years and has been everything i ever dreamed it would be and I cant wait for my next one. The next car to become a classic and bound to rocket over the next 5 - 10 years.

I still dont get the market though, strange indeed.

XXVIII

2,800 posts

245 months

Friday 2nd December 2011
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... an element of market assistance-and-manipulation might need to apply for the Diablo soon - they should be worth much more than they are selling for!!

Quite who there is around and about to actually do, or start to do that is another matter, unlike a few years ago when it certainly worked for Countach values.

Not that long ago a Countach QV in good/very good condition could be bought for around £40k but those values are long behind us with almost all QVs fetching close to or over six figures with the better 25° Anniversary cars not far behind. The original Countach LP400 is rightly in an even higher level where '0.25 million' values and more apply. Sadly some of the best Countach models are now abroad as a result of that and the value-judderings of sterling etc etc ...

Also, perhaps similarly sadly, some of the less-than-best Countachs get advertised as if they were amongst the better cars often at wildly inflated, catch-a-passing-dumbass-sucker prices which is perhaps an unfortunate downside to the improvement of sale values of the better cars.

Also, it's a good idea to remember that like all the pre-2000 Lamborghinis, there are not that many Diablos left in existence or in the country mostly because there weren't that many of them in the first place ...

I have no idea why I've included this image from 2006 here, even if you can only just make out who the driver is (ahem...) wink



Sesto

236 posts

185 months

Friday 2nd December 2011
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Good cars sell quicker , so quick sometimes you never see them advertised . It's a very limited market , lots of people like the Diablo but either don't have the readies or don't want to take a chance on what is fast becoming a desirable classic car . You can buy a lot of car for 70k also , newer , better driver aids , more technology , sensible people usually go for this option . It's only the absolute nutters that spend this amount of cash on an absolutely bonkers car . And I'm one of them afraid .getmecoat

Rocco1

3,091 posts

214 months

Friday 2nd December 2011
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As you all know i have just bought a SV,and trying to find a Diablo as the seller describes is a nightmare.The one i have bought was origianlly being sold as a 6.0 so i went to see it and found out it was a 5.7 i walked away,but this car was like new.
The next Diablo was a 6.0 vt in blk and was supposed to be a one owner,got there and it was 3 former keepers and not as described,again walked away.
The last Diablo i went to see was a GT in France (Nice) and not even this car was as described but it was a GT and in orange,but lost out on that one.
Nine months on ive been back to Monks and bought the SV,because it is like new and at the right price.
I am sure if sellers would describe there cars as they are they would sell much easier/quicker and also they have to be realistic of the asking price.

Schnellmann

1,893 posts

235 months

Friday 2nd December 2011
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Rocco1 said:
As you all know i have just bought a SV,and trying to find a Diablo as the seller describes is a nightmare.The one i have bought was origianlly being sold as a 6.0 so i went to see it and found out it was a 5.7 i walked away,but this car was like new.
The next Diablo was a 6.0 vt in blk and was supposed to be a one owner,got there and it was 3 former keepers and not as described,again walked away.
The last Diablo i went to see was a GT in France (Nice) and not even this car was as described but it was a GT and in orange,but lost out on that one.
Nine months on ive been back to Monks and bought the SV,because it is like new and at the right price.
I am sure if sellers would describe there cars as they are they would sell much easier/quicker and also they have to be realistic of the asking price.
I don't think your experience is exclusive to Diabolos but rather in general, for any older or specialist cars, there is often a big difference between the description by the seller and reality. It can get very frustrating and puts me off seeing cars that are too far away because 9 times out of 10 it is a waste of time. That must work against sellers that have genuine cars but are a bit far away from the main markets for second hand, expensive cars (meaning South East in the UK).

Mr Purple

337 posts

226 months

Friday 2nd December 2011
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Rocco i know the 2nd owner of your new diablo and i can say it was one pampered vehicle. Well done in 'bagging' it and roll on summer !

Rocco1

3,091 posts

214 months

Friday 2nd December 2011
quotequote all
Mr Purple said:
Rocco i know the 2nd owner of your new diablo and i can say it was one pampered vehicle. Well done in 'bagging' it and roll on summer !
Thanks mate,the third owner was Rod Bond who is a keen car collector also kept it pampered,i suppose thats why its in the condition it is!

jdwcd

2,519 posts

233 months

Friday 2nd December 2011
quotequote all
Rocco1 said:
As you all know i have just bought a SV,and trying to find a Diablo as the seller describes is a nightmare.The one i have bought was origianlly being sold as a 6.0 so i went to see it and found out it was a 5.7 i walked away,but this car was like new.
The next Diablo was a 6.0 vt in blk and was supposed to be a one owner,got there and it was 3 former keepers and not as described,again walked away.
The last Diablo i went to see was a GT in France (Nice) and not even this car was as described but it was a GT and in orange,but lost out on that one.
Nine months on ive been back to Monks and bought the SV,because it is like new and at the right price.
I am sure if sellers would describe there cars as they are they would sell much easier/quicker and also they have to be realistic of the asking price.
which black one rocco

Rocco1

3,091 posts

214 months

Friday 2nd December 2011
quotequote all
jdwcd said:
which black one rocco
The one being sold buy TH but soon vanished/was not a good example,asking price was 100k and it was offered to me for mid 80's i think.

jdwcd

2,519 posts

233 months

Friday 2nd December 2011
quotequote all
Rocco1 said:
The one being sold buy TH but soon vanished/was not a good example,asking price was 100k and it was offered to me for mid 80's i think.
what colour interior

Rocco1

3,091 posts

214 months

Friday 2nd December 2011
quotequote all
jdwcd said:
what colour interior
Black, you have PM

911944

186 posts

187 months

Friday 2nd December 2011
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I think the right car from the right seller at the right price will always sell... Right! The only Diablo that seems to have sold in the last 3 months was the Keys motors one. Some for sale now have been for sale for a year

Rocco1

3,091 posts

214 months

Friday 2nd December 2011
quotequote all
911944 said:
I think the right car from the right seller at the right price will always sell... Right! The only Diablo that seems to have sold in the last 3 months was the Keys motors one. Some for sale now have been for sale for a year
Didnt sell at the auction, never made reserve also someone on here made a comment regarding this car P11LAM.

spark_s

105 posts

260 months

Friday 2nd December 2011
quotequote all
Been following Diablo's sales recently and the good cars take a bit of time but do sell.

Terry Keys Yellow SV got to around £64k including buyers fee at auction didn't meet reserve but subsequently sold
Rocco's SV
Tom Hartley's black 6.0
Mike Pullen has also sold 2 recently I believe in the last few weeks

That makes 5 in the last month?

Rocco1

3,091 posts

214 months

Saturday 3rd December 2011
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spark_s said:
Been following Diablo's sales recently and the good cars take a bit of time but do sell.

Terry Keys Yellow SV got to around £64k including buyers fee at auction didn't meet reserve but subsequently sold
Rocco's SV
Tom Hartley's black 6.0
Mike Pullen has also sold 2 recently I believe in the last few weeks

That makes 5 in the last month?
Which two did Mike Pullen sell?

Mattymouse33

1,276 posts

238 months

Saturday 3rd December 2011
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A Bonzai Blue VT with 9000 miles sold a copuple of weeks ago. Im not sure of the other one from MP.

Another Bonzai Blue 2WD was sold privately on Tuesday also, same one that sold a couple of months ago.

There are 3 Bonzai Blue Diablo's that i know of in the UK and it looks as though all three could be sold within a month of each other. Mine obviously having been on the market for a while now but its being inspected on Monday as part of a potential purchase.

Best of luck with your SV Rocco, it looks very very nice. No Diablos drive badly unless they have something wrong with them and Im sure that one will be just fine


spark_s

105 posts

260 months

Saturday 3rd December 2011
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Rocco1 said:
Which two did Mike Pullen sell?
Blue VT as above and a 1997 Blue SV which I wondered if it was the same car that Simon Furlonger had but that still appears to be for sale.

Also I think the red SE30 at DK engineering sold.

lambo_xx

2,199 posts

228 months

Saturday 3rd December 2011
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I know I'm probably going to be shot for saying this but hear me out first. angel

I think cars appear to be like property at the moment, some are sold within days and other seem to stay on for what is essentially a year or two. We are unfortunately in a financial crisis so that does mean that less people are able to have these cars (I'm guessing it's harder for people to get finance on them + people might have their clever hat on and decide it would be wiser to invest the money somewhere instead of buying a car).

It's not just Diablos, I don't think Murcielagos are selling too well either. Some do, they come and go within weeks, even days but others have sat around for ages.
A simple example being this one (apologies if this is anyone's car on here) http://pistonheads.com/sales/2053056.htm

It's been for sale for AGES and the unfortunate reality with anything, whether its cars, houses whatever, its worth what someone will pay for it! Once something has been on the market for a long period of time (in my view) it's clear somebody won't pay that for it. So if you're really interested in getting it sold you'd lower the price. Don't get me wrong though it's a right pain having to do that. I got a ludicrous trade bid a year or so ago on one of my cars and at the time I decided I would just keep it because I didn't want to let it go for that amount of money but I guess some people have to.