1990 Lamborghini LM002

Over an eight year time span in the late eighties and early nineties, Lamborghini was in the business of manufacturing a sport utility vehicle before the automotive genre started heating up the sales charts. This shouldn’t be as surprising as it sounds, given Lamborghini was in the business or tractor manufacturing before dabbling in the world of supercars. Most SUVs these days don’t come close to the level of “sport” the LM002 packed, what with its Countach derived V12 under the hood. For the clinically insane, you could request an even larger, marine derived V12 more commonly found in power boats. This particular example for sale is a later production example with low mileage and looks even more sinister than normal in black.

1990 Lamborghini LM002

The seller of this LM002 provided no description, which is disappointing given how rare and unique this vehicle is. While this Lambo only has 16,000 miles on the clock and appears to be well kept, a bit of owner/service history and background on the broad strokes of the vehicle would certainly be nice. It makes me question how serious of a dealer this is, if they can’t bother to take the time to highlight such an important piece of exotic car history. For years, resale values of LM002s have hovered in the $80,000 to $120,000 range, seemingly impervious to any kind of market fluctuations. One can’t help but think how ridiculous of a school run vehicle this would make, but with the cost of keeping this vehicle supplied with oil and fuel, not to mention the bespoke Pirelli Scorpion tires, that idea would be a mere pipe dream for most.

To get an idea of the LM002's finer points, here's an old Top Gear clip where Jeremy Clarkson hustles one around town:


Posted under: Lamborghini
Dated: Jan 25 2012

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