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£338.1k

1988 Lamborghini LM002

RM Sotheby's • Italy • 15 Jun 2021

Market Position:

Highest 20% of Past Sales

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£338,103

1988 Lamborghini LM002

Italy • 15 Jun 2021

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Vehicle Details

AI Listing Summary

This is one of 328 LM002s produced between 1986 and 1993. It was delivered new to Lausanne-based Lamborghini Distributor Codeco S.A. on March 21, 1988, and was originally finished in dark blue with champagne leather interior.

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Condition 

8

The car received a total respray in 2019. The engine was overhauled in 2009 and the differential was serviced in 2012. The car is beautifully presented in its original color scheme with contrasting red Lamborghini Taurus symbols and lettering.

/ 10

Manual

771 QZE 75

1988

Auction

ZA9L00000JLA12103

LHD

Italy

£338.1k

1988 Lamborghini LM002

RM Sotheby's • Italy • 15 Jun 2021

Market Position:

Highest 20% of Past Sales

Track live values and receive listing alerts

Description

Few could have anticipated the imposing yet incongruous sight of a six-foot-tall, near three ton, V-12-powered, four-wheel drive behemoth at the 1986 Brussels Auto Show - much less one appearing on the Lamborghini stand.

But then Lamborghini was never one to follow convention or perceived wisdom, and rarely has this free-thinking approach been embodied more succinctly than with the company’s fantastically idiosyncratic LM002.

In fact, its genesis stretched back as far as the ill-fated Chrysler V-8-powered Cheetah military vehicle of 1977, the failure of which led Lamborghini - with hindsight, somewhat optimistically - to reason that a four-cam V-12-powered derivative might be more attractive to U.S. or Middle East-based armed forces instead.

Eventually, and reluctantly, accepting that accessing the defence market was somewhat fanciful, the company pressed a civilian version of the vehicle into limited production, with some 328 being constructed between 1986 and 1993.

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Price Analysis vs Other LM002s

£132,183

Lowest Price (Since 2020)

£298,325

Median Price (Since 2020)

£552,248

Highest Price (Since 2020)

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World Record

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Highest 20% of Past Sales

Compared to previous sales, the sale price placed this vehicle in the highest 20% of past sales for the LM002.

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Lowest Price

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Average Price

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Rare Sale

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Previous LM002 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

Gallery

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Auction House Headquarters

RM Sotheby's

1 Classic Car Drive, Blenheim, Ontario, N0P 1A0, Canada

Operating from Blenheim, Ontario, RM Sotheby's is a physical auction house handling high-end classic, historic competition, and collector cars. They conduct live auctions globally and offer vehicle consignment and private sales.

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