A Girl discovered an abandoned Lamborghini Countach and Ferrari 308 in her Grandma’s garage, worth more than $500K

  • The 1981 Lamborghini Countach is one of just 321 ever built; it may be worth up to $395,000 at this point.
  • The Ferrari 308, a 308 GTS Targa, had its wheels stolen, yet it is still worth $90k in restored condition.
  • There is a very good reason the cars are there, and they might be sold if the proper offer is made.

This might be the year’s best barn find

Grandma’s supercar garage: Two high-value supercars from the 1980s were found in the US, covered in dust and propped up by junk.

An American student made an incredible discovery in her grandmother’s garage: two classic supercars from the 1980s, untouched and collecting dust for over 20 years. The student, a Reddit user named u/eriegin, shared her find on Reddit, where it quickly attracted attention.

The two cars—a 1981 Lamborghini Countach and a Ferrari 308—were covered in dust and garage clutter. If in mint condition, the Lamborghini could be worth around £350,000, and the Ferrari around £80,000.

So, how did these valuable cars end up sitting unused for so long? Although the location in the U.S. remains undisclosed, u/eriegin shared a photo of the white Lamborghini with the caption, “Despite the rust and dust, grandma’s 1981 Lamborghini Countach is the coolest.”

The post sparked many questions from Reddit users, eager to know why her grandmother kept such rare cars in her garage without moving them for two decades.

In 1989, Eriegin’s grandfather bought both cars to start a business renting out exotic cars.

She later explained in a reply on the thread: “My late grandpa bought the car in 1989 for his exotic car rental business. But when insurance costs got too high, he couldn’t keep the business running. So, he held onto this car—and many others, including the Ferrari 308 in front of the Lamborghini—for over 20 years, keeping them outside or in leaky garages instead of selling them. Don’t ask me why—I have no idea.”

The poster admitted that “seeing a car treated like this is painful,” but also found it “incredible” and “rare” to come across something so beautiful and valuable in such worn-down condition. She noted that the cars’ neglected state made them stand out from those carefully polished and restored by collectors.

When insurance costs were too high, the cars were kept and haven’t been moved for most of the last 20 years.

She later shared that she isn’t the best person to restore the cars, as she’s short on money and doesn’t know much about cars. However, she hoped someone in the family would eventually take them on and bring them back to their former glory.

She also mentioned that her grandma was looking to part with the cars soon and, while they weren’t officially for sale, she might be open to offers.

As eriegin posted pictures of the supercars, which raises the questions of how they got there and why they are in such terrible shape.

Eriegin answered some questions about a boy in her photos

Let’s set the record straight: these cars aren’t mine and probably never will be. They’re not for sale (yet), and they’ve been in this garage for less than 15 years, so it’s not really a “barn find.” Also, just to clarify something from Lawrence Adams’ linked article, u/eriegin is a woman.

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The guy in the picture is my very lucky boyfriend. He came to check out the Countach, sit in it, and make engine noises.

I’m happy that this picture has brought so much joy and excitement to people online. That was my main reason for sharing it. My grandma isn’t senile; she lives a quiet life and keeps busy. And once again, these cars are not mine, so you can’t interview either of us for your classic car magazine, website, newsletter, or anything else. Sorry, and thanks for your interest!

The Lamborghini Countach is thought to be a limited-edition model because the Italian company only made 321 of them.

So, if someone is ready to invest the time and money to restore these cars, how much could they be worth?

The white Lamborghini, which was featured in the 2013 movie *The Wolf of Wall Street*, is quite rare. It appears to be a limited-edition LP500 S, with only 321 units made by the Italian company. Unlike most Lamborghinis, this one does not have the large rear wing.

If that’s the case, it would have a 4.8-liter V12 engine under the hood, which originally produced 385 horsepower. With a five-speed manual transmission, it could go from 0 to 62 mph in 5.6 seconds and reach a top speed of 186 mph. Because of its limited production, it could be valued at around $375,000.

If you thought the outside of the Ferrari was bad, pictures of the inside show how bad it has gotten.

Restoring the Ferrari 308 may take a bit more work. Anyone looking to restore it will need to find four original new wheels since Eriegin mentioned that the wheels were stolen while the car was parked on a trailer in a barn for years.

This model is a GTS Targa, similar to the one Tom Selleck drove in the popular 1980s TV series *Magnum, P.I.* It features a five-speed manual transmission and a 2.9-liter V8 engine, producing 214 horsepower in the U.S. version and 237 horsepower in the European version.

Currently, pristine U.S.-spec Ferrari 308s range from $75,000 to $85,000, so making a profit on this restoration could be more difficult.

The Ferrari 308 GTS is comparable to the vehicle driven by Tom Selleck in the popular 1980s television series Magnum PI.
1930s MG T-Type
1955 Mercedes 300SL Gullwing

According to Eriegin, there is also a late 1930s MG T-Type convertible hidden in the garage pictures. She mentioned that her grandparents once owned a 1955 Mercedes 300SL Gullwing.

While it’s not confirmed if the family still owns it, this car alone could be worth nearly $1 million.

What’s the lesson here? Be kind to your grandparents, because you never know what you might inherit in the future.

Source: u/eriegin | All the information and photo credit goes to respective authorities. DM for removal please.

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