What's going on here?
Could the Lamborghini Murciélago be overdue a price rise?
Tell me more
Average values of Murciélagos have been slowly but surely increasing over the past decade.
If we wind the clock back to 2014 base Murciélagos were selling for circa £100,000.
Today, average prices have rocketed up to £203,528, that’s a 103 per cent climb.
What we tend to see with many vehicles that have risen in value over the past decade is when you strip out inflation (35 per cent over the same period) many in real terms have barely risen.
This certainly isn’t the case here.
Prices have levelled off in the past couple of years though but low mileage cars are selling for significant sums.
Collecting Cars sold a standard, 2005 Roadster which had done less than 6000km for £374,916.
A sub 5000-mile, 2003 Murciélago fetched £403,788 in April, on Bring A Trailer.
The future is particularly bright for the Murciélago and that’s down to three reasons.
Firstly, the 2001 launch of the Murciélago means in just a few years they’ll begin to satisfy the all-important 25-year US import rule meaning a likely rise in prices.
Secondarily, the large number of cars declared SORN (nearly twice as many as are registered on the road) could be an indication of collectors setting these aside for future gains.
Thirdly, there is a tendency in collector cars to go for the next best thing when you’re priced out of the most desirable market. With Murciélago SV prices rocketing, people are being priced out and naturally will look further down the pecking order of Murciélagos for something in budget - driving prices of these northwards.
You can check out the full article at Racing Green Car Storage, here.
If you enjoyed this article, do share it with a friend and sign up to our free newsletter here.
Comments