Is your resolution for 2015 to spend nearly a quarter of a million dollars on a 25-year old Italian SUV that’s rarer than a LaFerrari? Get ready to start the year off right because a 1989 Lamborghini LM002 is scheduled to cross the auction block in Arizona on January 16th.
Finished in an eye-catching shade of red, this LM002 is one of about 301 examples built by Lamborghini between 1986 and 1993. The auction description reveals that the off-roader has spent the bulk of its life in the Pacific Northwest. It has only had two owners since new, which partly explains why the odometer reads merely 18,000 miles.
The LM002 is entirely original inside and out save for some of the wood trim on the dashboard that was recently replaced. The 17-inch wheels are still wrapped by the original Pirelli Scorpion tires that were mounted at the factory. That’s probably a real boon because the Pirelli Scorpion was designed and built specifically for the LM002.
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Well maintained and fully functional, the LM002 packs a Countach-sourced 5.2-liter V12 engine that generates 444 horsepower thanks in part to a total of six Weber carburetors. Linked to a five-speed manual transmission that spins all four wheels, the V12 sends the 5,720-pound behemoth from zero to 60 mph in 7.7 seconds and returns approximately eight mpg in a mixed cycle.
RM Auctions estimates the Lamborghini LM002 will sell for anywhere between $175,000 and $225,000.
(Photos courtesy of RM Auctions)