RM-Sotheby's

Someone paid $2.9 million for this 1971 Lamborghini Miura SV with a troubled history

This 1971 Lamborghini Miura SV sold for a high sum.

Photo courtesy of Automobili Lamborghini

This month, two 1970s-era Lamborghinis crossed the block, each achieving a record selling price. But, not all that glitters is gold. Both models have what RM-Sotheby's terms "a troubled history".

The 1971 Lamborghini Miura SV is chassis #4980. It has been certified as one of the 150 models produced. It was set apart from other Miuras by its different cam timing and altered 4x3-barrel Weber carburetors. Its 3.9-liter V-12 engine that was tuned to achieve 380 horsepower and 295 pound-feet of torque. When it was new, it rode on Pirelli Cinturato tires.

The year before the Miura SV debuted, Lamborghini development driver Bob Wallace modified a Miura to comfort to FIA's Appendix J racing regulations. Among the mods was the replacement of the the steel chassis and body panels with aluminum alloy versions. It as given the name "Miura Jota". The '71 Miura up for auction was altered to mimic this model during its life, but has recently been restored it its original trim.

1971 Lamborghini Miura SV

1971 Lamborghini Miura SV

Photo courtesy of RM-Sotheby's

Following its restoration the Miura SV received its certification from Lamborghini Polo Storico.

A 1977 Lamborghini Countach LP 400 with chassis #1120262 underpinning has a similarly troubled history. It was at one time owned by Rod Stewart, but that's not the trouble. It was a victim of multiple transformations (including the roof removal), before being restored to its original specifications.

The Miura SV fetched €2.4 million, the second highest value ever for a Miura SV, second only to one sold by Gooding & Co. in London last September. The Countach LP 400 went for €775,000.

"This is a pleasing but not surprising result, since it confirms a clear trend," says Paolo Gabrielli, Head of Aftersales at Automobili Lamborghini, which oversees the Polo Storico. Historical Lamborghinis are of increasing interest to the world's leading collectors, who are looking for the utmost respect for originality in their cars. The Polo Storico restoration program, alongside supporting top independent specialists through the provision of advice, documents and original spare parts, makes it possible to obtain restorations of the highest level and quality, which are appreciated by collectors and, consequently, by the market."

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This 2020 Ford GT drew over $1 million at the auction.

Mecum

The world may be going through some tough times right now, but you'd never know it looking at auto auction results. One of the largest, Mecum, just reported sales from the auctions it held in Arizona last week, and the results are astonishing. Mecum says it took in $66.3 million in sales, which is a big increase over the previous year's auctions. Attendance was also up, and the event was packed with high-dollar, desirable vehicles.

Mecum Arizona AuctionHow about a 1967 Ferrari for a little over $3 million?Mecum

Mecum says that private collection sales generated $20 million of the $66.3 million, as some brought dozens of vehicles to participate in the auction. The Hooked on Vettes Collection, for example, brought 13 cars and sold every one of them. It even sold a load of neon signs for well over a million dollars.

The top ten vehicles sold at auction drew big dollars. A few include:

  • 1967 Ferrari 275 GTB/4: $3,025,000
  • 1929 Duesenberg Model J Murphy Convertible Coupe: $2,365,000
  • 2005 Porsche Carrera GT: $2,200,000
  • 2020 Ford GT: $1,100,000
  • 2017 Lamborghini Aventador LP700-4 Roadster: $698,500

Mecum Arizona AuctionThere was even a Duesenberg, which sold for almost $2.4 million.Mecum

If you've got money to burn and you're sad to have missed out on the Arizona auction, your next shot will be at the end of this month when Mecum hits Houston with 1,100 vehicles. The flagship Mecum auction in Indianapolis takes place in mid-May, and will feature 3,000 cars.

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What was your best car-related experience this year?

Chris Teague

This year has been a lot of things, but it hasn't been boring. Even if we focus only on the car world, there's plenty to talk about, from microchip-related new vehicle shortages to the wave of new electric vehicles hitting the market. That leaves us with a question for all of you: What was the best or most memorable car moment for you in 2021? I'll get the conversation started.

Porsche Cayenne GTSMy SoCal Cayenne śaw snow for the first time in its nearly 200k-mile life last week.Chris Teague

I'd spent a good portion of 2021 wanting a new-old car to drive when I wasn't testing a new vehicle. That's harder than you'd think for someone who thinks, talks, and writes about cars all day, because there are so many interesting, risky, and downright funky options out there in every price range. The added headache for me was that I'd chosen to shop for a "fun" car in one of the most volatile car markets ever seen. Even the extremely high-mileage "untouchable" European cars I wanted to buy were commanding ridiculous prices.

After a solid few months of waffling between various rattletrap Mercedes-AMG, BMW M, and Audi S/RS cars, I landed on an option that had escaped me before: The Porsche Cayenne. First-generation Cayennes are a real bargain now, but the 955/957 (Porsche's internal code for the SUVs) can experience major problems that occur with or without regular maintenance and care. I was determined to buy one, and wasn't overly concerned about mileage, as long as I could count the number of owners on one hand. There was a beautiful 2009 Cayenne GTS with 90,000 miles but nine owners, a gorgeous 2004 Cayenne Turbo with a concerning engine tick, and many more just like them. Finally, I decided to risky-click a 196,000-mile Cayenne GTS in Southern California. It had one owner and one dealer-owner for a month or two prior to sale, its condition looked decent in photos, and I was able to negotiate a reasonable enough price that shipping it from San Diego to Maine wasn't a huge problem.

Porsche Cayenne GTSThe pics look great, but hands-on tells another story.Chris Teague

I had two traveling Euro mechanics check the car out, and both confirmed that it was well-worn but mechanically sound, so I jumped. Ten days later, on a snowy, icy, dark Maine afternoon, the Cayenne arrived. Cosmetically, there were a few things the dealer and mechanics failed to mention, but overall, it looked good. The SUV passed Maine safety and emissions testing without problem, got a new set of Michelins, and I was on my way.

Porsche Cayenne GTSI'm in danger, but thankfully this should be a reasonable fix.Chris Teague

A few days of driving revealed what I was really in for. A check engine light revealed a camshaft position sensor error and the Cayenne displayed a nasty vibration at idle. A new sensor and motor mounts, and I'm on my way. I'll update you as more things break or miraculously work, but I want to hear your memories from 2021.

Email me at chris@automotivemap.com, and I will compile the best and most interesting stories for a story on New Year's Day. May you all have a wonderful 2022.

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