Lamborghini LM002 (1988-93)
Production Total: The Lamborghini LM002, often referred to as the "Rambo Lambo," had a total production run of 328 units between 1986 and 1993.
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Price New: In 1988, the new price of a Lamborghini LM 002 in the UK was approximately **£100,000**.
£100,000 in 1988 is equivalent to approximately **£250,000** today.
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Rivals: In 1988, the main rivals of the Lamborghini LM 002 in the UK included the **Range Rover Classic** and the **Land Rover Defender**.
- **Range Rover Classic**: The cost of a new Range Rover Classic in 1988 was around **£15,000**.
- **Land Rover Defender**: The cost of a new Land Rover Defender in 1988 was approximately **£8,000**.
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Recorded in UK 2024
As of 2025, according to available data from the Driver and Vehicle Licensing Agency (DVLA), there are fewer than 10 Lamborghini LM002 vehicles recorded on UK roads. This number includes both vehicles actively in use and those registered as off-road under a Statutory Off Road Notification (SORN). The exact figure may vary slightly depending on whether any additional models have been imported privately or deregistered over time.
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PLEASE NOTE: The information provided below is given in averages across Northern Ireland at the date specified. Petrol reflect average prices for four star fuel in litres.
Road Tax: In 1988, the road tax for a Lamborghini LM 002 in the UK would have been based on its engine size and horsepower. Given that the Lamborghini LM 002 had an engine capacity of around 5.2 liters, the road tax would have been approximately **£30 per year**.
Using historical inflation data, **£30 per year** road tax in 1988 would be approximately **£75 per year** in 2025.
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Petrol: In 1988, the price of four-star petrol in the UK was approximately 42.5 pence per litre.
Using historical inflation data, **42.5 pence per litre** of four-star petrol in 1988 would be approximately **£1.85 per litre** in 2025.
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Insurance: The average cost of insuring a Lamborghini LM002 in the UK in 1988 is estimated to have been between £3,000 and £5,000 annually, depending on individual circumstances such as driver profile and location.
Using historical inflation data, the average cost of insuring a Lamborghini LM 002 in 1988, which was between **£3,000 and £5,000** annually, would equate to approximately **£7,500 to £12,500** per year in 2025.
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The Lamborghini LM002, while a unique and powerful vehicle, does have some common faults that owners and potential buyers should be aware of:
1. **Fuel Consumption**: The LM002 is notorious for its high fuel consumption, which can be quite costly.
2. **Electrical Issues**: Owners often report problems with the electrical system, including issues with the dashboard and other electronic components.
3. **Cooling System**: The cooling system can be problematic, with issues such as radiator leaks and overheating being relatively common.
4. **Suspension Wear**: The heavy-duty suspension components can wear out over time, leading to a less comfortable ride and potentially costly repairs.
5. **Brake System**: The brake system can also be a source of trouble, with reports of brake fade and the need for frequent brake pad replacements.
6. **Parts Availability**: Given the rarity of the LM002, finding replacement parts can be challenging and expensive.
These issues are not uncommon for high-performance vehicles of this era, but they are important to consider if you're thinking about owning a Lamborghini LM002.
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Generations/Trim Levels
The Lamborghini LM002 had only one generation during its production run from 1986 to 1993. It was a unique and iconic vehicle, often referred to as the "Rambo Lambo," and it remains a standout in Lamborghini's history.
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Engines
The Lamborghini LM002 was equipped with two engine options:
1. **5.2-liter V12**: This engine was derived from the Lamborghini Countach and produced around 450 horsepower.
2. **7.2-liter V12**: This was a marine engine option, designed for even more power and torque.
These engines contributed to the LM002's reputation as a powerful and unique off-road vehicle.
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Performance
The Lamborghini LM002 had two engine options, each offering impressive performance for an off-road vehicle:
### 5.2-liter V12
- **Power**: 444 horsepower
- **0-60 mph**: Approximately 7.7 seconds
- **Top Speed**: Around 118 mph
### 7.2-liter V12 (Marine Engine)
- **Power**: Up to 720 horsepower
- **Performance**: While specific performance figures for the 7.2-liter engine are less commonly documented, it was known for providing significantly more power and torque, making it a beastly option for those seeking extreme performance.
These engines made the LM002 a unique and powerful vehicle, capable of handling both off-road challenges and high-speed driving.
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Spares/Specialist NI
You can find spare parts for a Lamborghini LM002 in the UK and Ireland at several reputable suppliers:
1. **[Eurospares](https://www.eurospares.co.uk/Lamborghini/LM002)**: They offer a wide range of genuine and OEM parts for various Lamborghini Diablo models.
2. **[AutoVillage](https://www.autovillage.co.uk/car-parts/lamborghini/LM002)**: This site provides both new and used parts, with a network of suppliers across the UK.
3. **[Scuderia Car Parts](https://www.scuderiacarparts.com/part-finder/lamborghini/)**: They offer thousands of original parts for Lamborghini Diablo models OE Parts - Scuderia Car Parts](https://www.scuderiacarparts.com/part-finder/lamborghini/LM002).
4. **[Autodoc](https://www.autodoc.co.uk/spares/lamborghini/LM002)**: A comprehensive catalogue of spare parts for Lamborghini LM002 from leading manufacturers.
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There are specialist garages in Northern Ireland that can service a Lamborghini LM002. Here are a couple of options:
1. McMillan Specialist Cars: Located in Antrim, they are known for their expertise in high-performance and luxury vehicles.
2. The Supercar Rooms: While not in Northern Ireland, they offer comprehensive Lamborghini services and might be worth considering for their specialized care.
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Racing
The Lamborghini LM002 did have some involvement in racing. Notably, a modified version of the LM002, known as the **LM002 Evoluzione**, was intended for the Paris-Dakar Rally in 1988. This version had extensive modifications, including shedding excess weight and increasing power to 600 horsepower. However, the build was not completed in time for the Dakar Rally due to financial constraints.
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Valuation
The value of a Lamborghini LM002 in the UK can vary depending on its condition, history, and specific features. On average, you can expect to pay around £224,923 for a well-maintained LM002. However, prices can range from £132,183 for lower-end examples to £338,103 for top-condition models.
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