Imagine leaving your Lamborghini Countach waiting for 13 years until the supercar gets put back together. Historics Auctioneers put the 1982 Lamborghini Countach 5000 S (also known as the 5000S) up for auction. The supercar requires complete restoration but has all of the bits and pieces necessary to do so. It is expected to bring in around $250,000 at auction, but could it be worth more than $700,000 after that?
A very rare 1982 Lamborghini Countach 5000 S
The experts at Historics Auctioneers have a pretty valuable piece of history heading to auction soon. This 1982 Lamborghini Countach 5000 S is a rare model that didn’t spend much time on the market. Between 1974 and 1977, Lamborghini only made 110 of the Periscopio model, with an additional 77 of the regular LP 400 built. By the time 1978 rolled around, the 400S hit the market. The 5000 S (or the 5000S) had an almost five-liter engine.
The owner purchased this particular 1982 Lamborghini Countach 5000 S back in July 2000. The same owner drove it until 2004 when the vendor had the engine rebuilt. The vendor did this rebuild at Lamborghini London along with a new clutch. In 2005, Historics Auctioneers says that an “extensive underneath renovation to all accessible chassis areas and a suspension overhaul” was done. The file contains all of the information.
Someone drove the Lamborghini supercar until 2008. After that, the owner sent the supercar to a body shop and stripped it. At that time, the shop went out of business and placed the Countach into storage. That is where it sat until recently.
This Lamborghini Countach is worth the effort
Historics Auctioneers notes that the owner says the Lamborghini Countach is complete to the best of the owner’s knowledge. All of the removed parts, plus a new windshield, are included in the auction. The auctioneer included the original handbook, owner records, and complete owner’s list. The interior is black and has all of the necessary components.
This rare Lamborghini Countach has just over 38,425 miles on it (61,840 km). As listed on the auction site, the chassis/engine number is ZA9C00500CLA12487, and the registration number is YLR 63X. It is expected to fetch between $200,000 and $250,000. Not bad for a super rare Countach, right?
While this might seem like an extensive project to take on, it is less work because it has all of the parts. The buyer should have a trusted shop willing to help get this supercar back in shape. For $250,000, the owner could potentially flip this vehicle for a lot more down the line.
Get ahead of the restoration game
According to Hagerty, barn finds are becoming a “thing.” In 2019, RM Sotheby’s sold a 1969 Lamborghini Miura P400 S for $1,731,399. The owner found it in a barn and restored it. A similar barn-found Lamborghini sold for $662,000 around the same time. The 1982 Lamborghini Countach 5000 S has the potential to be the next big sale.
Hagerty notes that the price of the Periscopio LP400 peaked at around $1.7 million in 2017. Values for the Periscopio settled down a bit to around $1.1 million in more recent years. But the Countach 5000 S offers a smaller engine and less hp than the LP5000 QV. However, Lamborghini made only 37 of the 5000 S in right-hand drive.
In addition, Gooding & Company sold a 1984 Lamborghini Countach 5000 S for $720,000 earlier this year. That’s excellent news for this Historics Auctioneers variety. Though it isn’t a sure bet, having a similar vehicle sell for such a high amount is a good sign for this auction. The Historics Auctioneers Lamborghini Countach 5000 sale starts on September 25, 2021.