Heroshot

1967 Lamborghini 400 GT

2+2 Coupe
Bonhams' 2022 Goodwood Festival of Speed sale
Friday, 24 June - Sunday, 24 July
£230,000 ($282,279)
Sale Price
£180,000 - £230,000
Est. Range
No
Reserve
24 June 2022
Sold Date
347
Lot Number
#3+
Visually maintained, largely original
Bonhams
Auction House
Chassis no. 0793; Engine no. 0767. Light blue over dark blue leather. LHD. 3929/320bhp, 5-speed, Ansa exhaust, Borrani wire wheels, woodrim steering wheel, wood shift knob, original radio.

Evaluation: One of only 247 of its type built between 1966 and 1968, this 400 GT was originally registered in the UK. The engine was completely restored in 1990 and has been with its present owner since 2010. It has, however, also been stored since 2010 so needs sorting before hitting the road.

Great finish and panel fitment. The window trim is slightly aged. The twin headlights are smartly polished. The dashboard and all controls look original and correct, while the seats show slight creasing. The Borrani wire wheels are polished but with slight yellowing. A solid, mostly unrestored early Lamborghini with hopefully mild needs.

Bottom Line: Technically Lamborghini’s second model but really an evolution of the company’s debut 350 GT (with a larger engine, four headlights and 2+2 seating), the 400 GT came out during that brief early period when Lamborghini focused on mature, comfortable gran turismos. The Miura quickly showed the way forward for Lambo, however, to be the brash supercar company. These early cars, then, are a bit odd in that they are important to the company’s history but also don’t really fit the Lambo mould.

This price reasonably takes into account the car’s needs (an expensive recommission at the very least) while being fair to its rarity and completeness. The weekend after Goodwood, Bonhams sold another highly original 400 GT, in cleaner driving condition, in Gstaad for a significantly higher 350,000 CHF.

by Andrew Newton
15 July 2022
A story about
Hagerty
Valuation Tools

See how much your car is worth.

Get current values, historical values, model history and more.

Leave a Reply

Your email address will not be published.

More on this topic

Hagerty Insider Newsletter

Your weekly dose of auction reports, market analysis, and more.

Thank You!
Your request will be handled as soon as possible
Hagerty Insider Newsletter
Your weekly dose of auction reports, market analysis, and more.
Share
Condition definitions
Condition #1: Concours
Condition #1 vehicles are the best in the world. The visual image is of the best vehicle, in the right colors, driving onto the lawn at the finest concours. Perfectly clean, the vehicle has been groomed down to the tire treads. Painted and chromed surfaces are mirror-like. Dust and dirt are banned, and materials used are correct and superbly fitted. The one word description for #1 vehicles is “concours.“
Condition #2: Excellent
#2 vehicles could win a local or regional show. They can be former #1 vehicles that have been driven or have aged. Seasoned observers will have to look closely for flaws, but will be able to find some not seen by the general public. The paint, chrome, glass and finishes will all appear as excellent. No excessive smoke will be seen on startup, no unusual noises will emanate from the engine. The vehicle will drive as a new vehicle of its era would. The one word description for #2 vehicles is “excellent.“
Condition #3: Good
#3 vehicles could possess some, but not all of the issues of a #4 vehicle, but they will be balanced by other factors such as a fresh paint job or a new, correct interior where applicable. #3 vehicles drive and run well, but might have some incorrect parts. These vehicles are not used for daily transportation but are ready for a long tour without excuses, and the casual passerby will not find any visual flaws. “Good” is the one word description of a #3 vehicle.
Condition #4: Fair
#4 vehicles are daily drivers, with flaws visible to the naked eye. The chrome might have pitting or scratches, the windshield might be chipped. Paintwork is imperfect, and perhaps the body has a minor dent. Split seams or a cracked dash, where applicable, might be present. No major parts are missing, but the wheels could differ from the originals, or other non- stock additions might be present. A #4 vehicle can also be a deteriorated restoration. “Fair” is the one word that describes a #4 vehicle.
Condition #5: Poor
Running, but battered, incomplete, and perhaps rusty.
Condition #6: Parts car
Parts car.
N/A
Hagerty only assigns condition ratings to vehicles we can inspect in person or, for online listings, via high-quality photography.