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£224.9k

1988 Lamborghini LM002

RM Sotheby's • France • 2 Feb 2022

Market Position:

Upper Mid-Market

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£224,923

1988 Lamborghini LM002

France • 2 Feb 2022

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Vehicle Details

AI Listing Summary

This 1988 Lamborghini LM002, chassis number 12110, is believed to be one of only 328 built between 1986 and 1993. It is presented in its original Argento Metallico color scheme with a grey leather interior, accompanied by its original service book and recently serviced by marque specialists Cartech Knowledge GmbH in December 2021.

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Condition 

8

The car has been fastidiously maintained. It has covered a modest mileage of 22,598 km. Recently serviced by Cartech Knowledge GmbH in December 2021 at a cost of some €16,500.

/ 10

14,041 miles

ZA9L00000JLA12110

France

Manual

1988

Auction

£224.9k

1988 Lamborghini LM002

RM Sotheby's • France • 2 Feb 2022

Market Position:

Upper Mid-Market

Track live values and receive listing alerts

Description

Although extravagantly specified, prestige-badged and high performance SUVs have become commonplace in recent years, remarkably it has been some 35 years since Lamborghini—always a manufacturer of which the unexpected could be expected—introduced their herculean LM002.

Featuring a predictably substantial tubular steel chassis derived from the company’s ill-fated Cheetah military vehicle, the LM002 was powered by the same magnificent 48-valve, 5.2-litre V-12 engine as the mighty Countach and featured a five-speed ZF gearbox, switchable two- and four-wheel drive, a luxurious full leather interior and air conditioning.

Originally ordered in the attractive colour combination of Argento Metallico with grey leather, chassis “12110” was delivered to its first owner, prominent Italian industrialist Sergio Tontarelli of Ancona, on 29 April 1988.

Remarkably, it would remain in his ownership for the next 28 years, during which time it covered only a modest mileage.

Indeed, at the time of cata...

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

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Upper Mid-Market

Compared to previous sales, the sale price placed this vehicle in the upper mid-market 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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