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The Lamborghini Diablo Is Still Too Cheap

I really think the Lamborghini Diablo is too cheap. It’s hard to say that about a car where the only example listed for sale on Autotrader is offered for $179,988, but I really think it’s true: The Lamborghini Diablo — and specifically the early Lamborghini Diablo models, sold from 1991 to 1998 — is just too cheap.

Here’s what I mean. Back when I was in college, you could pick up a really worn, used Lamborghini Countach for around $90,000, and you could pick up a decent, driveable example for roughly $150,000. These days, the cheapest Countach models you’ll see for sale are listed for $225,000, with nice ones asking $400,000 or more.

Same deal with the Miura: It’s always been an icon, but I remember when $600,000 was considered “sale-proof” for the car — a number nobody would ever pay for a used Lamborghini. Now, Miura models can bring $1 million at auction, and certain special examples can bring a lot more than that.

Which brings me back to the Diablo. I’ve always felt that the Diablo is one of the craziest-looking Lamborghini models, truly on par with the Countach, especially when you see it in person. But an early Diablo can be purchased for $150,000 to $200,000, which makes it one of the least expensive Lamborghini models, short of unloved low-end vehicles from years past, like the Jalpa and the Urraco. The Diablo was no Jalpa or Urraco: It was a flagship model with a mid-engine V12, and I suspect the styling will only become more revered as the car ages.

As a result, I really think the Diablo is undervalued. Not later examples, interestingly, as the Audi-developed Diablo 6.0 is selling for huge money, with many examples listed on Autotrader for well over $300,000. But the early Diablo models, the pure examples, seem to be way cheaper than they should be. To me, this is a $200,000 to $250,000 car, and it should be nipping at the heels of the Countach — but instead, it’s basically half price.

Now, I’m not telling you to go out and pick up a used Diablo because I think it’s a great investment — after all, we know it’ll be difficult to drive, expensive to own and challenging to service. But I do think there will be a time when you look back on the Diablo, selling for many multiples of its current price, and think: I could’ve had that when it was “only” $150,000. And indeed, right now, you still can.

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Doug Demuro
Doug DeMuro writes articles and makes videos, mainly about cars. Doug was born in Denver, Colorado, and received an economics degree from Emory University in Atlanta. After graduation, Doug spent three years working for Porsche Cars North America. Eventually, he quit his job to become a writer, largely because it meant that he no longer had to wear pants. Doug’s work has been featured in a... Read More about Doug Demuro

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