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PETROLHEADS are gushing over an iconic motor that only has 800 miles on the clock - but the mammoth price is no small fee.

The car - a 1988 Lamborghini Countach 5000 QV - is currently open for bids with a guide price of almost £1million.

It's due to be sold in an auction next month for around £800,000
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It's due to be sold in an auction next month for around £800,000Credit: RM Sotheby's.
The bright red motor stands out even more from the outside due to it's crisp white interiors
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The bright red motor stands out even more from the outside due to it's crisp white interiorsCredit: RM Sotheby's.

The beautifully kept motor is being marvelled at by car enthusiasts after discovering it had been hidden in a climate-controlled storage unit for thirty years - and will set you back around £800,000 to take home.

Showing just 791 miles on the clock, the luxury four-wheeled ride still has all of its original paperwork, factory finishes, original tyres and even a spare set of keys.

The model was designed by famed Italian car designer, Marcello Gandini - while working at Italian industrial design firm Bertone - and went into production in the early 1970s.

Global car auction company, RM Sotheby's, who are shifting the motor, said: "The flamboyant lines and raw power of the Lamborghini Countach invite speculation about the wild lives each of these cars must have lived. 

Read more Motors News

"Yet in the case of this stunning 1988 Countach 5000 QV, the story told is remarkable for an entirely different reason: It has seen extremely little road use from new thanks to three decades in climate-controlled storage.

"As a result, it presents in remarkably well-preserved condition today, with original factory finishes inside and out. In fact, it still sits on its original tyres.

"As documented by the original purchase order on file, this 1988 Countach 5000 QV was delivered new through Motor Coach Sales of Randallstown, Maryland."

The whip comes equipped with Countach’s signature rear wing, a £3,000 option that brought its original price to £110,000 - but punters hoping to cop it today will have to stump far more than that to call it their own.

The auctioneers continued: "It is understood that the Lamborghini’s first owner had its original gold-coloured wheels swapped with the presently fitted silver wheels.

"This time-capsule Lamborghini Countach 5000 QV is an all-but-unrepeatable opportunity for an enthusiast seeking one of the finest unrestored examples of one of history’s greatest supercars.

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"An already rare machine made even more enticing by its intriguing backstory, its limited use, and its notable state of preservation."

The original red-coloured - with crisp white interiors - luxury car is thought to have seen around 50 hours of sunlight.

It's due to be sold at the firm's Miami auction next month and whoever buys it will be only the second titled owner in the car's history.

When spotting the one-of-a-kind find on social media, eagle-eyed motor-heads were quick to share their delight at the car.

Car auctions: What to know

Car auctions are a way to sell vehicles based on a bidding system with the highest offer securing the deal.

Auctions aren't restricted to the rich and famous as thousands of cars are sold at motor auctions in the UK each week.

Here's what you need to know before attending an auction:

  1. Be prepared: Do your research on the car you would like to purchase beforehand.
  2. Check the car: Cars will usually be lined up before the start, so make sure to arrive early to inspect the desired car thoroughly.
  3. Have a back-up: Be ready for disappointment as your desired motor may be sold to someone else and select a few back-ups.
  4. Be realistic: Realise that there won't be a "perfect" car at an auction and adjust expectations accordingly.
  5. Set a budget: It is easy to overspend in the heat of the moment during bidding. Ensure you have set a budget and do not go over it.

Key phrases to look out for:

  • ‘No major mechanical faults’ – suggests that there shouldn't be any issues with the car's drivetrain, gearbox, suspension, or engine. 
  • ‘Specified faults’ – the auctioneer will read out specific faults.
  • ‘Sold as seen’ – the vehicle is sold with any and all problems it may have. The auction company will rarely entertain complaints regarding the mechanical or cosmetic condition of these vehicles after sale.
  • ‘Sold with a warranted mileage’ - The car is being offered based on the report, which confirms the mileage through an independent check.

One user said: "Crème de la crème right there. Congrats to whoever buys it.

"Hopefully Lamborghini buys it."

And a second user said: "Holy moly."

Read More on The Sun

Car auctions continue to wow motorists with the rare whips that they sell off - and if you have the money in the bank then you could find yourself owning cars that enthusiasts sweat over at the thought of sitting in the driver's seat.

And this recent auction comes after a "one of a kind" Porsche 928 GT went under the hammer last month.

The model was designed by famed Italian car designer Marcello Gandini
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The model was designed by famed Italian car designer Marcello GandiniCredit: RM Sotheby's.
The whip comes equipped with Countach’s signature rear wing
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The whip comes equipped with Countach’s signature rear wingCredit: RM Sotheby's.
The whip cost around £110,000 when it was first purchased over thirty years ago
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The whip cost around £110,000 when it was first purchased over thirty years agoCredit: RM Sotheby's.
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