Abandoned 1969 Lamborghini Miura found in garage, auctioned for ₦482.5 million

10/30/2019

Posted by: Chris Odogwu

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A 1969 Lamborghini Miura found in an abandoned garage in Germany was auctioned for ₦482.5 million! Why would an old car be worth so much? Check why!

Wine is not the only substance that gets better with time. Apparently, cars do too. Well, not just any kind of car. If the car in question is a 1969 Lamborghini Miura abandoned in a forest somewhere in South Germany, then it is a good deal. It raised a whooping £1.2m (₦482.5 million) at the annual London auction by Sotheby.

1969-lamborghini-miura

The Miura was covered in dust in an abandoned garage in South Germany

The P400 S is not your regular car. By the looks of it, the car was internationally stacked away. Besides being clothed by dust, stones were carefully arranged by the wheels, so they would not roll off. As a 1969 vehicle, not many cars in its category are still around.

>>> Still rooting for vintage cars? Check out Kunle Afolayan's collection: Kunle Afolayan's vintage car collection can make every car fan jealous

Prior to the auction of the Miura, it was estimated to rake in £800,000 (₦321.7 million) at sale. But after going through some repairs, the car was transformed, and it started getting attention from different quarters. Eventually, it was bought for £1.2million (₦482.5 million).

Having been in existence for so long, one would think that the Lamborghini had passed through many owners. But that is not the case. In its 50 years, it has been owned by only one person. And it was with the owner for over 40 years.

Interior of the Miura is pretty decent considering its age. Its mileage reads 18,000 miles.      

1969-lamborghini-miura

The Lamborghini was previously owned by one person for over 40 years

This is not the first time the Lamborghini model is being in the spotlight. It had the honors of being featured in the first scene of the popular 1969 movie “The Italian Job.” The movie had the then hugely-famous movie star Michael Caine in a leading role.

Other cars were part of the London auction. The total amount raised at the event was £9.4million (₦3.7 billion).  On the lineup of the auction was the Lancia Delta S4 Rally from 1985. A buyer parted with £764,000 (₦37.2 million) for it.

>>> For more exciting car events and market news, always visit Naijauto.com!

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Chris Odogwu

Chris Odogwu

Car events

Chris Odogwu is a Content Writer and Journalist. He holds a bachelor's degree in Mass Communication from University of Jos and a master's degree in Mass Communication from University of Lagos. His works have been published in top local and international publications including Forbes, HuffPost, ThriveGlobal, TheNextScoop and Nigeria360 among others. A member of the Nigerian Institute of Public Relations (NIPR), the thrill he gets from writing about exotic cars feels almost the same as riding in them.

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