Gallardo LP prices
Discussion
Hey
So I'm thinking about buying in...either to a Gallardo LP / Performance / LP570-4 SL. The other (slightly less interesting option) is an F430.
I'm wondering if prices have 'bottomed' ? The LP (and please do correct me if I am wrong), has a reputation for greater reliability and while there are great fun cars to drive, I think they could become highly investable. If we take a look back over previous series of revival Lamborghini and Ferrari, think the Lambo typically does better.
For example:
Muira c. 1-3m (depending on version) vs Daytona c.£700k (for coupe)
Countach c. 400k-£1.4m(depending on version) vs BB c. 250k-350k
Urraco c 75k - 175k vs 308GT4 c. 60k
Diablo c. 150k-350k vs Testa Rossa c. 100k-150k
Mercielago c 150k - 400k vs 599 75k - 150k
The Lambos are consistently more valuable as they get older compared with the rival Ferrari. They're made in really quite tiny numbers. I realise that some of the above data is a little bit cherry picked (and there is some V12 stuff going on) and I could have bothered to tabulate it better but I believe there is a trend.
If we look at the prices of 430 Scuds and 16M - then should the SL and Performance be 'right up there' in years to come ?
Meanwhile, I am watching to see if the UK mid exotic car market has a dip - the way it did in 2008/09. The really high end stuff (like GCTs, F12TDFs and so on) will not be impacted as they are bought by people who are not impacted by domestic economic issues (or even any economic issues). However, there may be an absence of buyers for the Gallardo / F430 for a couple of years - might be an opportunity....
So I'm thinking about buying in...either to a Gallardo LP / Performance / LP570-4 SL. The other (slightly less interesting option) is an F430.
I'm wondering if prices have 'bottomed' ? The LP (and please do correct me if I am wrong), has a reputation for greater reliability and while there are great fun cars to drive, I think they could become highly investable. If we take a look back over previous series of revival Lamborghini and Ferrari, think the Lambo typically does better.
For example:
Muira c. 1-3m (depending on version) vs Daytona c.£700k (for coupe)
Countach c. 400k-£1.4m(depending on version) vs BB c. 250k-350k
Urraco c 75k - 175k vs 308GT4 c. 60k
Diablo c. 150k-350k vs Testa Rossa c. 100k-150k
Mercielago c 150k - 400k vs 599 75k - 150k
The Lambos are consistently more valuable as they get older compared with the rival Ferrari. They're made in really quite tiny numbers. I realise that some of the above data is a little bit cherry picked (and there is some V12 stuff going on) and I could have bothered to tabulate it better but I believe there is a trend.
If we look at the prices of 430 Scuds and 16M - then should the SL and Performance be 'right up there' in years to come ?
Meanwhile, I am watching to see if the UK mid exotic car market has a dip - the way it did in 2008/09. The really high end stuff (like GCTs, F12TDFs and so on) will not be impacted as they are bought by people who are not impacted by domestic economic issues (or even any economic issues). However, there may be an absence of buyers for the Gallardo / F430 for a couple of years - might be an opportunity....
Ya'll are probably right.
It's not for me. poor investment and a money pit. I already have a car to chuck money at and just have fun with. This was supposed to be a car to cherish and bring out for shows and the occasional exclusive track day.
Thanks for the lively discussion. Lots of well reasoned points raised.
Ciao !
It's not for me. poor investment and a money pit. I already have a car to chuck money at and just have fun with. This was supposed to be a car to cherish and bring out for shows and the occasional exclusive track day.
Thanks for the lively discussion. Lots of well reasoned points raised.
Ciao !
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