For the man who has everything: a 1988 Lamborghini LM002


Words and pictures: RM Sotheby’s

A rare sight on US soil, and one of just 301 produced, all eyes will be on this “Rambo Lambo” when it takes the stage at RM Sotheby’s Motor City sale, 25 July in Michigan.

In 1981, the only vehicle that could be found at the intersection of the exotic supercar and the off-road vehicle was Lamborghini’s LM002. It was just as brutish as it was luxurious, and the LM002 found use with a variety of customers, ranging from militaries to Sheiks, as it could be stripped out for professional use or specified with all the luxuries with which Lamborghini’s usual customers were accustomed. Lovingly nicknamed the “Rambo Lambo” for its sheer presence and character, the LM002 was graced with four-wheel drive, seating for four, and more than enough room for luggage, resulting in a vehicle that could go anywhere and make zero compromises.

The LM002’s interior is instantly familiar to anyone who has spent time in a Countach, aside from the obvious addition of rear seats. Wood and leather is abundant, and even though the V-12 sits in front of the driver rather than behind, the exhaust note is still unmistakable, as its engine was sourced from none other than the Countach itself. Feeding that thirsty V12 engine was a massive 76-gallon fuel tank, which helped accommodate its 8mpg fuel consumption. Its performance was extraordinary, as it could complete a 0–60mph run in just 7.7 seconds, which was incredible considering the LM002’s curb weight was 5720 pounds!

The LM002 offered here, according to information received from the Lamborghini factory, is an original US-delivery model, completed on March 17, 1988, and delivered on March 29, 1988, through Chrysler Italian Imports of New Jersey. Interestingly enough, it was one of five LM002s that arrived in the United States that same day! Importantly, it was originally built as and remains a desirable carbureted model, and is still finished in its original colour combination of White (LMB 902) over black leather interior.

In preparation for its offering at auction, a full service has recently been completed, including the installation of a new clutch master cylinder and slave cylinder, extensive detailing, and the installation of correct (and highly difficult to source) Pirelli Scorpion tires. 

For exclusivity, power, and luxury in an all-terrain vehicle, it is still hard to beat a Rambo Lambo!

The Lamborghini LM002 is featured amongst a selection of iconic European sports cars and on-the-rise late model collectibles set for RM Sotheby’s Motor City sale. Held at the historic Inn at St. John’s, the intimate sale is the official auction of the Concours d'Elegance of America at St. Jonh's, and together, the events provide a wonderful illustration of the passion that drives the hobby. A longstanding summer tradition for collectors for more than two decades, the 2015 Motor City auction will lift the gavel on an exceptional roster of 80 vehicles, representing nearly a century of automotive history. 

Further information on the LM002 and the complete Motor City digital catalogue are available at



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