Wrecked Lamborghini Countach from 'Wolf of Wall Street' fails to sell in Abu Dhabi

Martin Scorsese used two genuine 1989 Lamborghini Countach 25th Anniversary Editions in "The Wolf of Wall Street." They're both headed to auction in December, one of them for the second time. See, in August, RM Sotheby's announced that it would auction one of the movie cars in New York in December, its lot being an undamaged Bianco Polo Countach 25th Anniversary. At the time, no one had information on the location or condition of the second car that had been damaged rather badly as part of filming, victim of the main character driving under severe influence and the stunt department putting in some sledgehammer work. In November, the second, wrecked car showed up in the catalog for Bonhams' On the Grid auction at the season-ending Abu Dhabi Formula 1 Grand Prix. Bonhams put the presale estimate at $1.5 million to $2 million. Someone submitted a bid for $1.35 million, which the seller rejected, so the auction house is putting the car up for sale at a later date.

For some perspective on that rejected bid, Hagerty values the 1989 Lamborghini Countach Silver Edition in good condition at $440,000, the qualification being that the car "Runs and drives well. Flaws not noticeable to passersby." An example in concours condition, which is "World-class. Could compete in the world's best Concours d'Elegance events," is valued at $780,000. Classic.com, which tracks transactions of exotics and classics, shows a number of sales this year. Bring a Trailer sold three over the summer, one for $577,600, a second for $632,000, a third for $670,000. Other summer auctions for the same model pulled $472,500, $465,000, and a rejected high bid of $342,000. The highest prices paid this year are $775,000 for a car with 154 miles and $715,000 paid for a car with 102 miles. "The Wolf of Wall Street" car is an undriveable heap, a piece of cinematic sculpture at best, for which the owner seeks at least double the price of a practically new car.

And what's wrong with that? Art regularly goes for more than $1.5 million, if that's what this is to be considered — and that might indeed be the consideration. RM Sotheby's recently put a 1962 Ferrari 250/330 GTO on the block at one of its art auctions in New York, perhaps Bonhams plans to do something similar. Car & Bike wrote that the Lamborghini heads to auction again in December. Bonhams' site lists three car-centric auctions in December, the Countach so far not shown among the lots. First, though, Bonhams might wait to find out how RM Sotheby's fares with its auction of the undamaged, running and driving 1989 Countach movie car on December 8, listed with the same presale estimate as the damaged car, $1.5 million to $2 million. 

As for Abu Dhabi, the stars of the Bonhams auction were Kimi Raikkonen's 2006 McLaren MP4/21 that sold for $2,276,000 after the buyer's premium, and a highly preserved 1993 Porsche 911 Carrera RST 3.8-liter Strassenversion Coupe that got $2,127,500.