LP560's dropped below £100k

LP560's dropped below £100k

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Discussion

Vergis

Original Poster:

549 posts

243 months

Thursday 14th April 2016
quotequote all
Interesting to see that LP560's have dropped below £100k however pre LP cars have increased in value.

Will there be a re-bound on LP560's once the value of spending a relatively small percentage extra gets you a much better Gallardo version. For example why spend £75 on a first generation version when a LP 560 is just £15k more with similar mileage.

There are many commentators and economists predicting interest rates to stay the same till 2020. With this in mind I think the Lamborghini asset bubble should eventually start to increase meaning LP560's nudging back above the psychological £100k barrier.

Juno

4,481 posts

250 months

Friday 15th April 2016
quotequote all
Well that sounds good and just having bought an LP570 I hope they go the way of the 430-16m's
Vergis said:
Interesting to see that LP560's have dropped below £100k however pre LP cars have increased in value.

Will there be a re-bound on LP560's once the value of spending a relatively small percentage extra gets you a much better Gallardo version. For example why spend £75 on a first generation version when a LP 560 is just £15k more with similar mileage.

There are many commentators and economists predicting interest rates to stay the same till 2020. With this in mind I think the Lamborghini asset bubble should eventually start to increase meaning LP560's nudging back above the psychological £100k barrier.

OJV10

256 posts

215 months

Sunday 17th April 2016
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I see what you mean, I've been looking at buying a Gallardo Spyder privately, yet cannot get my head around how much they have appreciated in price since I sold my Coupe.

Craigwww

853 posts

170 months

Monday 18th April 2016
quotequote all
As an LP570 owner, I would love to see these cars going up in value but I really don't see it. There has been a small decrease over the last few months and there is just not enough love for them at present.

OJV10

256 posts

215 months

Monday 18th April 2016
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Stunning LP570 you have there Craig.

dang2407

496 posts

109 months

Monday 18th April 2016
quotequote all
Vergis said:
Interesting to see that LP560's have dropped below £100k however pre LP cars have increased in value.

Will there be a re-bound on LP560's once the value of spending a relatively small percentage extra gets you a much better Gallardo version. For example why spend £75 on a first generation version when a LP 560 is just £15k more with similar mileage.

There are many commentators and economists predicting interest rates to stay the same till 2020. With this in mind I think the Lamborghini asset bubble should eventually start to increase meaning LP560's nudging back above the psychological £100k barrier.
Not sure about them dropping below 100k. Just did a search on PH and found 3 - one was LHD, the other was a conversion and the other who knows... I have been keeping an eye on the market for over a year now and to me they have stayed the same.

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
I just couldn't see the F430 SCUD 16M as a better proposition so bought the LP570 Performante, 2 months on I still see the Lamborghini as a keeper.I looked at GT3 Macca650 even Huracan but just felt the LP was more special lick I hope more people start to feel this way idea
Craigwww said:
As an LP570 owner, I would love to see these cars going up in value but I really don't see it. There has been a small decrease over the last few months and there is just not enough love for them at present.

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
I just couldn't see the F430 SCUD 16M as a better proposition so bought the LP570 Performante, 2 months on I still see the Lamborghini as a keeper.I looked at GT3 Macca650 even Huracan but just felt the LP was more special lick I hope more people start to feel this way idea
Craigwww said:
As an LP570 owner, I would love to see these cars going up in value but I really don't see it. There has been a small decrease over the last few months and there is just not enough love for them at present.


Edited by Juno on Thursday 21st April 21:36

AndrewD

7,541 posts

285 months

Thursday 21st April 2016
quotequote all
Horses for courses, and as a long term Lambo owner and a 16m owner there isn't any way an LP is more special than the 16m. That's why the 16m is twice the price.

zedmtrappe

248 posts

97 months

Thursday 21st April 2016
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You are absolutely right Juno - the Perfomante is a totally awesome vehicle which is a future classic and bound to rise dramatically in value!

(admittedly I am biased as I picked up this '11 model last month!)

Seriously though...a phenomenal car for the money:


Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
Oh Yes cool

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
Sorry it is laugh its better looking, better built, better sounding, better value and IMO you would have to be certified to spend 300-400k on a 16M and i actually wonder if anyone has biglaugh I was going to buy a 16m after my F430 Spyder but just didnt find enough difference for the extra 80K
AndrewD said:
Horses for courses, and as a long term Lambo owner and a 16m owner there isn't any way an LP is more special than the 16m. That's why the 16m is twice the price.


Edited by Juno on Thursday 21st April 21:39

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
Nice Colour thumbup
zedmtrappe said:
You are absolutely right Juno - the Perfomante is a totally awesome vehicle which is a future classic and bound to rise dramatically in value!

(admittedly I am biased as I picked up this '11 model last month!)

Seriously though...a phenomenal car for the money:

zedmtrappe

248 posts

97 months

Thursday 21st April 2016
quotequote all
Thanks! Funnily enough I was in negotiations to buy yours for a short time.... until Amari offered me £100K in part-exchange for my '98 Diablo SV; telling me: 'the Diablo market is depressed' ! :-)

AndrewD

7,541 posts

285 months

Thursday 21st April 2016
quotequote all
Juno said:
Sorry it is laugh its better looking, better built, better sounding, better value and IMO you would have to be certified to spend 300-400k on a 16M and i actually wonder if anyone has biglaugh I was going to buy a 16m after my F430 Spyder but just didnt find enough difference for the extra 80K
AndrewD said:
Horses for courses, and as a long term Lambo owner and a 16m owner there isn't any way an LP is more special than the 16m. That's why the 16m is twice the price.


Edited by Juno on Thursday 21st April 21:39
Keep telling yourself anything you want and enjoy your car.
Just don't believe for one minute Lamborghini prices are going anywhere like the direction of Ferrari prices.
I've got a proper Superleggera, a gen 1, with a manual box. One of ten, but I'm not deluding myself it is worth even a fraction of a 16M. The 570 was just a 560 with a mild ecu tune, different wheels and the gen 1's interior. That doesn't make it a bad car, far from it, it is bloody excellent, but it is not even on the same planet as a 16m - buyers of those cars aren't generally choosing between that and a 570, do you really think they are?

ted 191

1,419 posts

226 months

Thursday 21st April 2016
quotequote all
AndrewD said:
Keep telling yourself anything you want and enjoy your car.
Just don't believe for one minute Lamborghini prices are going anywhere like the direction of Ferrari prices.
I've got a proper Superleggera, a gen 1, with a manual box. One of ten, but I'm not deluding myself it is worth even a fraction of a 16M. The 570 was just a 560 with a mild ecu tune, different wheels and the gen 1's interior. That doesn't make it a bad car, far from it, it is bloody excellent, but it is not even on the same planet as a 16m - buyers of those cars aren't generally choosing between that and a 570, do you really think they are?
16m buyers only need to choose between it .............or a skip.

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
16M is a great car but I just don't see the value right now,yep wished I had bought one at £160k,its also like the Lambo a 430 with a tune and some carbon.Right now i would rather have the Lambo and a 650s for the same money as a 430 Scud
AndrewD said:
Juno said:
Sorry it is laugh its better looking, better built, better sounding, better value and IMO you would have to be certified to spend 300-400k on a 16M and i actually wonder if anyone has biglaugh I was going to buy a 16m after my F430 Spyder but just didnt find enough difference for the extra 80K
AndrewD said:
Horses for courses, and as a long term Lambo owner and a 16m owner there isn't any way an LP is more special than the 16m. That's why the 16m is twice the price.


Edited by Juno on Thursday 21st April 21:39
Keep telling yourself anything you want and enjoy your car.
Just don't believe for one minute Lamborghini prices are going anywhere like the direction of Ferrari prices.
I've got a proper Superleggera, a gen 1, with a manual box. One of ten, but I'm not deluding myself it is worth even a fraction of a 16M. The 570 was just a 560 with a mild ecu tune, different wheels and the gen 1's interior. That doesn't make it a bad car, far from it, it is bloody excellent, but it is not even on the same planet as a 16m - buyers of those cars aren't generally choosing between that and a 570, do you really think they are?

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
I would think the only people buying 430 SCUDS are liquid Millionaire investors now days weeping


Keep telling yourself anything you want and enjoy your car.
Just don't believe for one minute Lamborghini prices are going anywhere like the direction of Ferrari prices.
I've got a proper Superleggera, a gen 1, with a manual box. One of ten, but I'm not deluding myself it is worth even a fraction of a 16M. The 570 was just a 560 with a mild ecu tune, different wheels and the gen 1's interior. That doesn't make it a bad car, far from it, it is bloody excellent, but it is not even on the same planet as a 16m - buyers of those cars aren't generally choosing between that and a 570, do you really think they are?

Juno

4,481 posts

250 months

Thursday 21st April 2016
quotequote all
I must be grateful that he did only offer you 100k otherwise you would have beaten me to itbiggrin
zedmtrappe said:
Thanks! Funnily enough I was in negotiations to buy yours for a short time.... until Amari offered me £100K in part-exchange for my '98 Diablo SV; telling me: 'the Diablo market is depressed' ! :-)

andrew

9,974 posts

193 months

Friday 22nd April 2016
quotequote all
AndrewD said:
The 570 was just a 560 with a mild ecu tune, different wheels and the gen 1's interior.
and stripes biggrin