Lamborghini Countach Fetches $1.2 Million At Auction

By Ganesh

A million dollar for an old car is not unheard of. In fact, it is relatively common these days. But it is still rare for an old Lamborghini to cross the million dollar mark.

Also Read: One-Off Lamborghini Gallardo By Zagato

You see, mostly it is Lamborghini's rival Ferrari whose rare classics go for tens of millions of dollars. So, when a collector recently paid $1.2 million for a Lamborghini Countach, it is considered a big deal. It also means that Countach has finally come of age.

The story continues in the next section. Click through the slides for more.

Lamborghini Countach Crosses Million Dollar Mark At Auction

Click through the images to learn more about the world's most expensive Lamborghini Countach.

Lamborghini Countach Crosses Million Dollar Mark At Auction

This particular Countach was auctioned at the Bonhams Auction, held at the 2014 Greenwich Concours d'Elegance.

Lamborghini Countach Crosses Million Dollar Mark At Auction

The model was a 1975 Lamborghini Countach LP400 Periscopica.

Lamborghini Countach Crosses Million Dollar Mark At Auction

The "Periscopica" name was given to a limited 150 units that were made between 1974 and 1977.

Lamborghini Countach Crosses Million Dollar Mark At Auction

These models came with a specially adopted "Periscopica" rear view mirror, which compensated for the Countach's classic problem of poor visibility towards the rear.

Lamborghini Countach Crosses Million Dollar Mark At Auction

This particular car had done just 16,500 km on the odometer. This, and the fact that this was a rare 1 in 150 model, contributed towards raising the value up to $1.2 million.

Lamborghini Countach Crosses Million Dollar Mark At Auction

This 1975 Lamborghini Countach LP400 Periscopica wears a Blu Tahiti exterior body colour and a deeply tanned leather interior. For its age, the car is in particularly pristine condition, further adding to its value.

Lamborghini Countach Crosses Million Dollar Mark At Auction

The car was first sold to a gentleman in Zurich, Switzerland and later moved to the U.S. This is the first time the car is changing hands.

Lamborghini Countach Crosses Million Dollar Mark At Auction

The last time a Countach Periscopica model was auctioned was last year, also at the Bonhams auction. It had then fetched $836,000. Just about four years back in 2010 a 1975 Countach Periscopo had only fetched $336,030, which tells us how fast the value of the Countach has appreciated.

Lamborghini Countach Crosses Million Dollar Mark At Auction

1975 Lamborghini Countach LP400 Periscopica is powered by a 4.0-litre DOHC V10 engine, with six Weber carburettors, delivering 375 HP at 8000 rpm. A 5-speed manual transmission is fitted to the engine. The car also features 4-wheel independent suspension.

Article Published On: Tuesday, June 10, 2014, 16:04 [IST]
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X