Before the Urus made Lamborghini SUVs a status symbol, there was the LM002, a brutish, V12-stuffed 4×4 that had zero interest in being approachable. Vintage car specialist Curated has just listed a 1990 example, and it’s one of only 48 LM/American units built specifically for the U.S. market, with 4,148 miles on the dashboard, a single owner since delivery, and a full concours-level restoration.
Built for a War It Never Fought
The LM002’s backstory is somewhat strange, and that’s part of what makes it so compelling. Lamborghini’s foray into 4×4 territory started in the late ’70s with the Cheetah, a rear-engined military prototype developed in hopes of landing a U.S. Army contract. It lost the bid. The follow-up LM001 didn’t fare much better. But designer Giulio Alfieri saw something worth salvaging and relocated the engine to the front, which sorted the handling and opened up room for six passengers. The resulting LM002 debuted at the 1986 Brussels Auto Show and, despite still never winning a military contract, found a very willing civilian audience: oil barons, Gulf state royalty, and a certain action film star named Sylvester Stallone, who reportedly scooped up one of the earliest units. The “Rambo Lambo” nickname wrote itself.
Countach Engine, Desert Capable
The powertrain here is what separates this from any other rare truck on the market. Alfieri pulled the L520i fuel-injected 5.2-liter V12 straight from the Countach Quattrovalvole and dropped it up front. It delivers 450hp, a five-speed manual, a top speed of 118 mph, and a 0-60 somewhere around the 8-second mark in a truck that weighs well over two tons. Pirelli developed custom Scorpion run-flat tires specifically for the overbuilt LM002 to handle sand and extreme heat, and the suspension was tuned to handle 120% gradients.
The Provenance Is Hard to Argue With
Chassis completed July 13, 1990 and delivered November 20 to Chrysler Italian Imports Inc. in New Jersey as part of a two-vehicle package order, the LM002 came paired with a Lamborghini Diablo, the whole deal totaling $382,210 back then (the equivalent to just under $1 million in 2026). Both cars eventually landed with original owner Nasir Khalidi in Florida in June 1991, and the LM002 hasn’t changed hands since.
The Bianco Perlato exterior is original, as is the stunning (and very retro) Rosso and Bianco leather interior is original, and all switchgear including HVAC controls, power windows, and the three-spoke steering wheel are fully functional. The truck has never been modified from its factory configuration. The cargo area still has the original tonneau cover, color-matched spare tire housing, and rear storage compartments. These details often disappear from these trucks over time. A full restoration by Evans Automotive, widely regarded as one of the foremost LM002 specialists in the country, covered all fluids, belts, and filters.
Spec Sheet
Model: 1990 Lamborghini LM002 (LM/American)
Engine: 5.2L L520i Fuel-Injected V12
Power: 450 HP
Transmission: 5-Speed Manual
Top Speed: 118 MPH
0-60: ~8 seconds
Current Mileage: ~4,148 miles
Exterior: Bianco Perlato
Interior: Rosso and Bianco Leather
Chassis: ZA9LU45A1LLA12213
Designer: Giulio Alfieri
Total Production: 328 units (48 U.S. Market Units)
Pricing & Availability
Curated hasn’t listed a fixed asking price, but comparable LM002s in similar condition have been selling between $300,000 and $400,000, with top-end concours examples pushing closer to $500,000 and beyond. A 1989 example sold at RM Sotheby’s in August 2024 for $703,500. Given the one-owner provenance, the sub-4,200 mile odometer, and the American-spec rarity, expect this one to perform accordingly. Inquire directly through Curated.
Recap
1990 Lamborghini LM002 Sale
A pristine, one-owner 1990 Lamborghini LM002 (one of just 48 American-spec examples ever built) has surfaced through vintage specialist Curated, packing the same V12 as the Countach and barely 4,200 miles on the clock. If you’ve been waiting for a museum-quality Rambo Lambo, this is probably as good as it gets.
