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1990 Lamborghini LM002 roars into Jay Leno's Garage

High-performance SUVs have become fairly common in recent years, with vehicles like the Land Rover Range Rover Sport SVR, Mercedes-AMG G65, and plenty of others to fill the niche. However, the Lamborghini LM002 was arguably the segment's pioneer when it debuted decades ago. Jay Leno welcomes one of these Italian beasts into his garage in a new video, and this thing is fascinating to see on the road. The LM002 is a wonderfully incongruous vehicle. The exterior has a brutish collection of chiseled features, but there's a high-output 5.2-liter V12 from the Countach under the hood. Leno says that the "Rambo Lambo" sounds "like an Italian opera," and he lets the big engine sing several times during the clip. Leno praises the way the Lambo drives, but the LM002 ownership experience sounds difficult. According to guest Damiano Barbuscia, replacement tires are eye-wateringly expensive, and the V12 gulps down fuel. The high price is likely worth it for this SUV's charisma on the road – see for yourself in the latest from Jay Leno's Garage.

Lamborghini chief stands by V12s

Despite the push for fuel efficiency and low carbon emissions, the V12 is still a staple of high performance. Ferrari, Mercedes-Benz, Aston Martin, and yes, Lamborghini maintain fleets of these monstrous dinosaur engines. And for the final entry on that list, that's not going to change. Lamborghini CEO Stefano Domenicali sat down with Autocar and explained in no uncertain terms that his company will continue to offer V12s for the time being. "Our major customers and dealers around the world say: 'Please do not touch the V12'," Domenicali told Autocar. "So we will continue to work in that direction." But there's more than just customer demand driving Lambo's V12 loyalty. According to Domenicali, the company's niche is small enough to weather V12-ruining storms. "In the short term, there is still a lot of development potential in the V12," Domenicali told Autocar. "Of course, we need to understand what the market is doing in terms of emissions and legislation, but I don't see that will be a problem. We are always very open to how the market might evolve." That evolution, lately, has tended toward electrification. The flagship of Lambo's arch-nemesis Ferrari pairs a 12-cylinder engine with a hybrid system for blistering performance. Then there's the stuff happening with the V8-powered Porsche 918 Spyder and McLaren P1. These three hybrids are in an entirely different and more potent performance (and price) class than Lamborghini's hottest model, the Aventador LP750-4 SV. Hybrids are the future of performance, for Lamborghini included... Eventually. "We cannot be disconnected to the world of the future but we want to be balanced," Domenicali said. "We need to make sure that as soon as the technology of electrification is relevant to our car at a cost level, and will add value, we are flexible to shift in that direction." Finally, Domenicali addressed advanced connectivity systems while parrying Autocar's question about autonomous vehicles. "If you own a Lamborghini, you want to have the passion of driving it and we need to keep that. But new technology could have some relevance to the driver. For example, if you are on a race track, you could have a head-up display which shows you how to maximize your performance [around a corner], using the telemetry we have now," Domenicali told AC. "That's an approach where I see that technology could be very useful for our customer." Related Video:

BMW Z8, Lambo LM002 sell for $192,500 apiece in Detroit [w/poll]

Think a car are a bad investment? That all depends on what kind of car you're talking about. Because while most cars depreciate in value as soon as you drive them off the lot, others can do even better than hold their value. The cars that appreciate tend to be pretty high-end exotics, but they don't have to be multi-million-dollar classics to command a premium at auction. Just look at the results from RM Sotheby's Motor City sale in Detroit this past weekend. The auction house moved a solid $7.4 million worth of metal, which is pretty impressive when you consider that – unlike events at Lake Como or Pebble Beach – not one of the lots dipped into seven figures. 1930s-era American classics performed the strongest, with Duesenbergs, Packards, Auburns and the like all fetching hundreds of thousands. But what intrigued us most were the European exotics that rounded the top ten results. Amidst the Depression-era American steel were a BMW Z8 from 2001 and a 1988 Lamborghini LM002, each of which sold for an equal $192,500. Hardly the highest figures paid for European exotics this year, but considering how much they were worth just a few years ago, they've proven solid investments. BMW only made 5,703 examples of the Henrik Fisker-designed retro Z8, of which only 2,543 were brought to the United States, where they originally sold for $128,000. The most anyone had ever paid for one at auction, according to Sports Car Market, was $184,082, just this past March at Silverstone. That makes the price achieved this weekend a new record for one of the slinkiest vehicles the Bavarian automaker has ever made, representing an impressive 50-percent increase in value over the course of fourteen years. This particular example – chassis WBAEJ13481AH60437 for those keeping track – is decked out in silver over black, with less than 15,500 miles on the odometer. This Rambo Lambo was produced early in the 301-unit production run, with the sought-after carbureted engine and 32,000 miles on the clock. It didn't set any records at the same price, other examples of the LM002 having traded over the past few years for over $200k. But considering that Sant'Agata originally charged around $120-130k for the SUV when it was new, its selling price still represents about 50-percent appreciation (leaving inflation aside).