Ultra-Rare $700,000 Lamborghini 350GT Is a Supercar in a Tailored Suit

The Lamborghini 350GT likely isn’t what springs to mind when thinking about some of the most important supercars ever made. While the Miura, Murcielago, Diablo, and Countach take all of the shine, the 350GT is what started it all back in the 1960s.

In a new video published by Jon Temerian, owner of Curated, a supercar dealership in Miami, we get to see one of the first examples close up. However, unlike most supercars, the 350GT remains as classy as ever after almost 60 years of being on the road.

What is a Lamborghini 350GT?

An image of a Lamborghini 350GT driving around on a track.
Lamborghini 350GT | Lamborghini

The Lamborghini 350GT made its first debut in 1963 as the 350GTV. At this stage, Lambocars reports that it was still a prototype. As a result, it featured pop-up headlights and lacked both pedals and an exhaust system. Additionally, the steering wheel was reportedly far too close to the seats. After some major revisions, the wheelbase increased to just over 100 inches and its overall length to 183 inches. After dropping the “V” in the name, the Italian carmaker’s first production car was born.

The recipe for the Lamborghini 350GT was relatively simple. Under the hood lives a 3.5-liter naturally-aspirated V12 engine designed by Giotto Bizzarrini. Aside from developing 280-hp and 240 lb-ft, this engine was designed to be reliable. According to Lamborcars, Bizzarrini wanted to give customers at least 40,000 trouble-free miles. This meant taking a racing-inspired engine and adapting it for road use. Despite this, the 350GT could still reportedly hit 60 mph in about 6.8 seconds.

Unlike most vintage supercars, the Lamborghini 350GT doesn’t have fancy doors or over-the-top styling. In fact, the 350GT is more of a grand tourer than an all-out supercar. According to Hemmings, this super GT is incredibly easy to drive, especially when compared to other supercars from the 1960s.

Why is this vintage supercar so special?

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Chances are we’ll never see a Lamborghini 350GT rolling down the road. This is because only 120 examples of Lamborghini’s first production car were ever made. As a result of its rarity and historical significance, most of these two-door supercars live in collections and museums worldwide.

However, part of why the Lamborghini 350GT is so special comes down to how it was produced. According to Lambocars, the 350GT utilizes a steel and aluminum body built by Touring. The specific patented method is called Superleggera. Lambocars reports that this meant placing thin aluminum panels over a tubular frame.

The added benefit of this construction is that it is very lightweight. As a result, the 350GT tipped the scales at just 2,314 lb. For context, a 2021 Mazda MX-5 Miata ND has a curb weight of 2,381 lb. This meant that the 350GT could make excellent use of the 280 hp its V12 engine produced.

How much is it worth in 2021?

An image of a Lamborghini 350GT driving around on a track.
Lamborghini 350GT | Lamborghini

Given how rare and significant the Lamborghini 350GT is, you’re likely wondering about current prices. Spoiler alert, it is extremely expensive. In the 1960s, the 350GT had a base price of $13,900 or around $117,289 in today’s money.

In a price graph published by Hemmings, we can see that Lamborghini 350GT prices spiked toward the late 1980s at around $185,000. This would be approximately $370,257 in today’s money. By 1999 however, the average sale price had dropped to $66,000, or about $103,627 in today’s money.

However, the Lamborghini 350GT is doing spectacularly well in 2021. According to Hagerty, this vintage supercar is now worth around $700,000. As a result, the 350GT remains as classy and expensive as ever.