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What happened with this Jalpa auction?

2K views 12 replies 9 participants last post by  jwhenke  
#1 ·
I just saw this auction result on BAT. Stunned about the low sale price. Car has a few issues, but wow. $65K for a Jalpa with 23,000 miles, owned by 1 family, and recently serviced. It has been a while since one sold and I was expecting the values to be way higher than this.
 
#5 ·
This is so true. For some reason some makes/models sell consistently for what I’d consider over market value (as compared to what I can find on cars.com, Autotrader etc.) while others are consistently below.
 
#3 ·
The sale was a bit of disappointment. the car had some things going for it being an early euro build, but plenty of other odds and ends to work on depending on how one wants to use or present the car. If you’re not doing the work, yourself and rely on shop hours / parts 100k could easily be spent. Or just drive and enjoy. I believe it was sold to a dealer? it will be interesting to see if they do anything to it or what it shows up for sale retail non auction? Hopefully, it will go to a good owner soon and does not end up on the auction circuit, I feel when the cars end up that way it hurts us owners.
 
#4 ·
that car will soak up a ton of money to make it right. The engine sounds off, but it somehow passed CA smog.....that makes me question something. i mean what is a perfect jalpa worth? That one needs a ton of time and attention.
 
#6 ·
i thought it was a fair price considering the current market for these cars, and considering the amount of work it needs to bring it up to top market. that said, i do agree the market is off and these cars should be much more valuable, but the reality for the time being is they are not.
 
#7 ·
i thought it was a fair price considering the current market for these cars, and considering the amount of work it needs to bring it up to top market. that said, i do agree the market is off and these cars should be much more valuable, but the reality for the time being is they are not.
I came to the same conclusion about the market. Bummed about it. With the way Countach prices have been going, I keep thinking the Jalpa is going to be more valuable. Once sorted, the Jalpa is solid, fun, and pure Lamborghini. I am not expecting anything crazy, but it feels like they should be consistently in the six figures by now (even for a rough one).

With so few Jalpa selling, one low sale really hurts the "average price".
 
#8 ·
Anything can happen at auction. Most of the time, the hammer price does not reflect its true value. The more people want it, the higher the hammer price. That’s all there is to it. Wait until it appears in a new movie, then boom for whatever reason everyone wants it for a million dollar.
 
#9 ·
Heck, the Ferrari F355 GTS, which is an nice car but..., is selling for more than the F430s and even some of the 458s. A 246 Dino(not a real Ferrari according to purist back in the day) sold for more than a late model Countach on BAT. Does it matter what the price is if you love the car and are enjoying it?
 
#10 ·
Price matters if you have had your car for 17 years and have been pondering selling it ;)

I thought about bringing up the Ferrari Dino. I was stunned when prices on those took off. They used to be really cheap. I talked to a Dino owner at a car show around the time I bought my car. I asked him how he liked it. He said it was the best he could do at the time and hoped to get something better. Said it was awful to drive on the freeway because cruising speed was right at a shift point. Even an owner went on and on about how lame the Ferrari Dino was. The last 4 to sell on BAT went for 599K, 630K, 410K, and 690K...
 
#11 ·
Good point. If you are ready to sell then it makes a difference. My favorite Ferrari since my teens was the 250SWB and even when they were $250,000 there was no way I could afford it but the Dino seemed in the realm of possiblities and I really loved the lines on the car. I saw 3 of them Los Gatos Ferrari in the late 1990s and decided to wait another year and pay the $60,0000 cash for the car. Well the following year the dot com implosion happened and I was not in the position to buy toys and next time I looked the prices zoomed past $300k. Ironic as the Dino was such an unloved car.