Car Collector International
Classic · 1970–1976

Lamborghini Jarama

Gandini's angular Islero replacement on a shortened Espada platform — the last front-engined V12 Lamborghini road car.

Car Collector International Editorial
Blue Lamborghini Jarama in a bright studio, front three-quarter view showing Gandini's angular squared-off nose with quad rectangular headlights under lids, bonnet air intake, sharp shoulder line and grey five-spoke alloy wheels — the last front-engined V12 Lamborghini road car.
Overview

Why this car matters

The Jarama is the Islero replacement — a Marcello Gandini design built by Marazzi on the Espada platform, shortened by approximately 11 inches to make a tighter 2+2 with the specific US regulatory environment of the early 1970s in mind. The 3.9-litre Bizzarrini-designed V12 sat up front, driving through a ZF five-speed; the GT produced 350 bhp and the later GTS 365 bhp.

Approximately 327–328 cars were built between 1970 and 1976 — the GT/GTS split is disputed across sources (see variant notes) — making the Jarama one of the rarest catalogued Lamborghini road cars. Together with the Islero, it is the last front-engined V12 Lamborghini before the marque moved entirely to mid-engined V12 flagships.

Named after a bull-breeding region north of Madrid, the Jarama is the last of a specific Lamborghini idea — a front-engined V12 2+2 GT for owners who wanted the V12 without the mid-engined theatre. Gandini's angular Marazzi bodywork is characteristic of his early-1970s work at Bertone; the Espada platform underneath is one of Lamborghini's most sophisticated period chassis, and the shortened-wheelbase Jarama drives with a lightness the Islero never quite matched. Together with the Islero the Jarama closes Lamborghini's front-V12 road car chapter — a small, finite historical category.

Variants

Range and production

VariantYearsProductionNotes
Jarama GT (400 GT)1970–1972GT production disputed: commonly quoted 177 built, with 176 also cited (Verify). 3.9 V12 Bizzarrini design, 350 bhp; ZF 5-speed manual; Salisbury LSD. Marazzi-built on the shortened Espada platform (~11 inches shorter than the Espada wheelbase). Base steel bumper with no bonnet air intake.
Jarama GTS (400 GTS)1972–1976GTS production disputed: commonly quoted 150 built, with 152 also cited (Verify). Revised model with 365 bhp, bonnet air intake, revised interior and minor exterior detail changes. Total Jarama production is approximately 327–328 across the two splits (177+150 vs 176+152 — Verify). Only 23 RHD Jaramas were built, 18 of them GTS — Verify.
Buyer's Guide

What to look for

Provenance — Polo Storico paperwork and matching numbers

Late-1960s / early-1970s front-V12 Lamborghinis were built in very small numbers and passed through many hands. For the Jarama specifically, the GTS is the more sought-after variant — bonnet air intake, 365 bhp, revised trim. RHD cars are a very small share of production (23 total, 18 GTS) and are priced separately in the UK market. Confirm chassis number, engine number and gearbox number match the factory build book; a Polo Storico heritage certificate is the strongest paper the market recognises.

Body and structural corrosion — Marazzi bodywork

Marazzi-built steel bodies rust in the sills, floors, rear arches and around the rear window surrounds. Cars presented as restored must be inspected on a lift with a paint-depth gauge; superficial paintwork over unresolved structural corrosion is common and materially resets value.

Bizzarrini-designed 3.9 V12 and driveline

The four-cam V12, ZF five-speed gearbox and Salisbury rear axle are robust but specialist-served. Verify carburettor sync, cold-start behaviour, oil pressure at temperature, cambelt / timing-chain history and evidence of recent service. A drivetrain rebuild is a five- to six-figure exercise and should be reflected in price.

Variant identification — GT vs S

The base and later 'S' cars (Islero and Islero S; Jarama GT and Jarama GTS) are visibly and mechanically distinct — power outputs, bodywork details and interior trim differ. Verify configuration against the factory build book; an 'S' badge on a base car is a not-uncommon story that must be reconciled before any premium is paid.

Pricing

What to pay

400 GT
USD$60,000 – $120,000
GBP£50,000 – £90,000
EUR€55,000 – €105,000
Base GT. Very wide spread — project cars trade well below the band and are not representative of a usable car; condition dominates value.
Jarama S / GTS
USD$80,000 – $180,000
GBP£65,000 – £140,000
EUR€75,000 – €160,000
The later GTS with bonnet air intake, 365 bhp and revised trim trades above the base GT; RHD GTS cars are priced separately in the UK market.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
1,000–3,500 miles typical
Service interval
12 months by time or 3,000 miles, whichever first
Annual running cost
$8,000 – $22,000 depending on condition and use
Fuel economy
10–13 mpg
Insurance
Agreed-value classic Lamborghini policy with limited mileage, secure storage and annual value review. Front-engined V12 Lamborghinis are underwritten alongside the 400 GT and Espada by specialist classic Italian insurers.

Body and structural corrosion

Marazzi steel bodies rust in the sills, floors, rear arches and around the rear window surround. A lift inspection with paint-depth gauge is non-negotiable; poor restorations are common given the low visibility of these cars in the market.

V12 drivetrain and driveline

The 3.9 V12 (in Bizzarrini-designed 4-cam form) is durable when properly maintained but is specialist-served. Verify carburettor sync, cold-start behaviour, oil pressure at temperature, cambelt / timing-chain history and evidence of recent service. Gearbox, clutch and rear axle require Polo Storico or specialist attention.
Common Problems

Known issues by system

Provenance

Matching-numbers reconciliation and Polo Storico certification

CriticalNot applicable — market impact only
Symptoms — Missing factory build book, non-matching engine / gearbox numbers.
Inspection — Polo Storico heritage certificate and cross-check against factory build book.
Body / structure

Sill, floor, rear-arch and rear-window-surround corrosion

Critical$15,000 – $60,000+
Symptoms — Bubbling paint, sill perforation, boot-floor deformation.
Inspection — Full lift inspection with paint-depth gauge.
Engine / drivetrain

3.9 V12 service, carburettor sync and driveline

Major$8,000 – $30,000+
Symptoms — Cold-start hesitation, oil-pressure drop at temperature, uneven idle.
Inspection — Compression / leak-down, ignition-timing check, carburettor synchronisation, cambelt / timing-chain history.
Variant identity

GT vs S (Islero) or GT vs GTS (Jarama) reconciliation

ModerateNot applicable — market impact only
Symptoms — Mis-badged sub-variant, non-original trim or bumper detail.
Inspection — Cross-check body, trim and drivetrain against factory build book.
Valuation

Current value bands by region

Each region quoted in its local currency — independent market readings, not FX conversions

The Jarama has historically traded at a discount to both the Espada it is built on and the Islero it replaced, driven by its lower period visibility and Gandini's more polarising Marazzi bodywork. As with the Islero, non-matching engines, poor restorations and cosmetically-refreshed structural corrosion are the standing risks and materially reset value.

The Jarama is the most affordable front-engined V12 Lamborghini, with a very wide spread; project cars have traded as low as the high teens in USD and are not representative of a usable car. Buyer-relevant: condition dominates value here more than variant.

Auctions

Recent results

DateAuctionCarMileageResult
2025-12-11
Bonhams
The Bond Street Sale 2025
1973 Jarama S
£78,200
Sold
2024-08-16
Bonhams
The Quail Auction 2024
1976 Jarama 400 GTS
$63,840
Sold
2023-10-08
Bonhams
The Zoute Sale 2023
1972 Jarama S
€178,250
Sold
Investment

Long-term outlook

Strong HoldHorizon: 10+ years

Small production (327 total, only 23 RHD), Bizzarrini-designed V12, Gandini design authorship and its position as one of the last two front-engined V12 Lamborghinis together position the Jarama as a defensible long-term hold. Matching-numbers GTS cars with Polo Storico certification — and RHD cars in the UK market — are the natural focus.

Our view, not advice. This section is Car Collector International's editorial judgement on where this model sits in the collector market, based on the production, specification and market data set out in this guide. It is not a recommendation to buy or sell and it is not investment advice. Values can fall as well as rise.

Recommended

The trusted network

Specialists

  • Lamborghini Polo Storico
    View →
    Sant'Agata Bolognese, Italy
    Factory-side authentication, heritage certification and restoration support for classic Lamborghini road cars.
  • Independent Lamborghini V12 specialist
    View →
    UK / EU / USA
    Servicing and rebuilds of the Bizzarrini-designed 3.9 V12 and associated driveline for the 400 GT, Islero, Espada and Jarama.
  • Concours preparation studio
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    International
    Paint correction, PPF and detailing for sale and event preparation.

Storage

  • Windrush Car Storage
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    Cotswolds, UK
    Climate-controlled storage for high-value collector cars.
  • Autovault
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    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage.
  • Hagerty Garage + Social
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    USA (multiple locations)
    Climate-controlled storage in key US collector markets.

Transport

  • CARS UK
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    UK & Europe
    Enclosed event and concours transport across Europe.
  • Reliable Carriers
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    USA (national)
    Enclosed coast-to-coast transport for collector cars.
  • Intercity Lines
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    USA
    Enclosed transport with dedicated supercar handling.

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.