Cheap Lamborghini Espada ?

Cheap Lamborghini Espada ?

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rat rod

Original Poster:

4,997 posts

72 months

Saturday 6th March 2021
quotequote all
Any one see the Espada series 111 on "collecting Cars" Sold for £76,500 plus commission yesterday.

Looks a decent car, one owner the last 31 years, R.H.D, 77,000 kms, looks to me like a sensible price for a classic V12 Lamborghini

Were we caught napping or is that all it's worth ?

Edited by rat rod on Saturday 6th March 02:38

bish_345

138 posts

77 months

Saturday 6th March 2021
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That looks pretty cheap to me

Fast Eddie

435 posts

252 months

Saturday 6th March 2021
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bish_345 said:
That looks pretty cheap to me
I think you might say inexpensive rather than cheap because I suspect the purchase price will only be the beginning :-)

browngt3

1,419 posts

218 months

Saturday 6th March 2021
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On the face of it that looked a very good price for a decent looking car. Has someone bagged a bargain I wonder? Even if there are some big bills its still £40- to 50k below market so the bills would have to be very large indeed before you're out of pocket.

How much did Harry Metcalfe spend on his engine rebuild with Iain Tyrrell? Think it was around 30k. This one had a rebuild in the early 90's. I doubt very much you'd avoid those big bills by spending £120k with a dealer. I keep looking at the one at Tyrrells and wondering why it hasn't sold...

rat rod

Original Poster:

4,997 posts

72 months

Saturday 6th March 2021
quotequote all
browngt3 said:
On the face of it that looked a very good price for a decent looking car. Has someone bagged a bargain I wonder? Even if there are some big bills its still £40- to 50k below market so the bills would have to be very large indeed before you're out of pocket.

How much did Harry Metcalfe spend on his engine rebuild with Iain Tyrrell? Think it was around 30k. This one had a rebuild in the early 90's. I doubt very much you'd avoid those big bills by spending £120k with a dealer. I keep looking at the one at Tyrrells and wondering why it hasn't sold...
If that's the redish/pink Espada your referring to ,yes it's absolutely gorgeous.

I think the market must be so small but they find buyers eventually but wouldn't want a showroom full of them.

When i had mine they were almost worthless especially if they had a problem or two which mine had a plenty.

There's no short cuts to working on them so perhaps best pay as much as you can for a good one as i would

image the eye watering bills you could occur on a average car with all the heart ache that goes with it

I know this sounds sacrilege but best to have fitted a small block Chevy in one if unlucky enough to have had engine

problems back then just like they fitted XK Jag engines to Aston DB2/4's in the same era,



Edited by rat rod on Saturday 6th March 19:27

Cheib

23,740 posts

182 months

Saturday 6th March 2021
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Didn’t see the listing but I suppose I’d be worried about why someone is selling a car like that seemingly so cheaply. Maybe they needed the money ASAP or they wanted rid ASAP. One if good news for the buyer, one isn’t !

cgt2

7,141 posts

195 months

Saturday 6th March 2021
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rat rod said:
If that's the redish/pink Espada your referring to ,yes it's absolutely gorgeous.

I think the market must be so small but they find buyers eventually but wouldn't want a showroom full of them.

When i had mine they were almost worthless especially if they had a problem or two which mine had a plenty.

There's no short cuts to working on them so perhaps best pay as much as you can for a good one as i would

image the eye watering bills you could occur on a average car with all the heart ache that goes with it

I know this sounds sacrilege but best to have fitted a small block Chevy in one if unlucky enough to have had engine

problems back then just like they fitted XK Jag engines to Aston DB2/4's in the same era,



Edited by rat rod on Saturday 6th March 19:27
There was also a LHD Countach running around with a Chevy V8 in the mid-2000s. It may have been put right by now with the increase in values.

rat rod

Original Poster:

4,997 posts

72 months

Saturday 6th March 2021
quotequote all
cgt2 said:
There was also a LHD Countach running around with a Chevy V8 in the mid-2000s. It may have been put right by now with the increase in values.
Remember when you could buy a Countach somewhere between £25K/ £30K depending how average it was.

If not in a position to pay for a engine rebuild i suppose driving round in a real Countach with the wrong engine is

better than not driving it at all. Hopefully rebuild the correct engine at a later date if and when funds permit.

Porsche Virgins had a red with red interior 5000 S marked up for £29,950 retail back in the real world days.

Sure £25K would have been the trade value around then.

Car was involved in a serious accident on the way back from a Lamborghini Club/barbecue meeting but not sure if that

was before or after they had the car for sale.

Ferruccio

1,840 posts

126 months

Saturday 6th March 2021
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rat rod said:
Remember when you could buy a Countach somewhere between £25K/ £30K depending how average it was.

If not in a position to pay for a engine rebuild i suppose driving round in a real Countach with the wrong engine is

better than not driving it at all. Hopefully rebuild the correct engine at a later date if and when funds permit.

.
But costs were much less then too. You could probably get an engine from the factory for £15k.

rat rod

Original Poster:

4,997 posts

72 months

Sunday 7th March 2021
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Ferruccio said:
But costs were much less then too. You could probably get an engine from the factory for £15k.
Very true but that would be half the cost of a average Countach back then not counting labour cost .

Wonder what part of the engine £15K would buy today.

Adam.

27,937 posts

261 months

Friday 12th March 2021
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Just watched a Car SOS episode from 2019 - they did a lovely job (to my amateur eyes) on a bright blue Espada.

Looked bloody lovely in the colour, owner must have a very valuable car now

rat rod

Original Poster:

4,997 posts

72 months

Friday 12th March 2021
quotequote all
Adam. said:
Just watched a Car SOS episode from 2019 - they did a lovely job (to my amateur eyes) on a bright blue Espada.

Looked bloody lovely in the colour, owner must have a very valuable car now
Missed that one,Is it on You Tube as i couldn't seem to find it.


rat rod

Original Poster:

4,997 posts

72 months

Friday 12th March 2021
quotequote all
rat rod said:
Adam. said:
Just watched a Car SOS episode from 2019 - they did a lovely job (to my amateur eyes) on a bright blue Espada.

Looked bloody lovely in the colour, owner must have a very valuable car now
Missed that one,Is it on You Tube as i couldn't seem to find it.
Found it ,thumbup

Adam.

27,937 posts

261 months

Friday 12th March 2021
quotequote all
rat rod said:
Found it ,thumbup
On Sky too