Matching-Numbers 1968 Lamborghini 400 GT 2+2 Is a Six-Figure Bargain Among Sant'Agata's First Grand TourersBefore the Miura rewrote the supercar rulebook, Ferruccio Lamborghini set out to beat Ferrari at the gentleman's game of grand touring. The result was the 400 GT 2+2, and a particularly well-traveled example, chassis 0925, is now drawing bids on Sotheby's Motorsport, where the current high bid sits at $150,000 with the auction running through June 19.Production number 124 of just 247 cars built between 1966 and 1968, this coupe left the factory in March 1967 finished in Grigio Argento over Nero and was delivered new to Monzeglio of Torino. It still carries its original, matching-numbers 4.0-liter quad-cam V-12 (engine number 0887), the Giotto Bizzarrini-designed masterpiece that gave the 400 GT its 320 horsepower and a top speed comfortably north of 150 mph. Today the car wears a striking coat of Rosso over its original black leather, a change from its silver birth color that a future owner could easily reverse.The 400 GT 2+2 mattered because it was the car that turned Lamborghini from a curiosity into a credible rival. Touring of Milan reworked nearly every panel of the earlier 350 GT to carve out a pair of small rear seats, swapped the twin headlights for quad units, and draped it all over a chassis developed under a young Gianpaolo Dallara. Lamborghini also fitted its own five-speed gearbox, smoother and quieter than the ZF unit it replaced. The package gave buyers more power, more seats, and more usability than the 350 GT, all wrapped in coachwork that still looks elegant rather than aggressive.AdvertisementAdvertisementProvenance is where this particular car earns its keep. It is documented in the International Lamborghini Registry and is believed to have had only four owners from new, including time in Michigan before joining the collection of noted marque enthusiast Timothy Mathile of Cincinnati. Along the way it has collected concours honors at Meadow Brook, EyesOn Design, Bay Harbor, and the Italian Happening, and it received a fresh inspection, tune-up, and detailing in 2026. A records collection and the original tool kit come along with the sale.So where does that $150,000 high bid land against the wider market? According to the Hagerty Price Guide, a 1968 400 GT in #3 (good) condition currently carries a value of around $268,000, though that figure has slipped about 3.6 percent in the most recent update. The spread at the top and bottom is dramatic: Hagerty notes the highest 400 GT auction result over the past three years was $682,000, while the lowest was just over $189,000. These are not common cars, either, with only 13 examples crossing public auction blocks in that same three-year window, and the most recent recorded sale came in at $189,302.Against that backdrop, a matching-numbers, registry-documented, concours-winning car still bidding at $150,000 with days left looks like genuine value, even accounting for its color change and the usual due diligence any aging exotic demands. Whether it stays Rosso or returns to its original Grigio Argento, this is a rare chance to own one of the cars that launched Lamborghini's grand touring legacy.Related ReadingAdvertisementAdvertisementHow to Read a Classic Car Auction Listing Like a ProLamborghini Restores 1972 Miura SV to Original Factory SpecificationLamborghini LM002 'Rambo Lambo' Surges in Value as Collector Demand Climbs⚡️ Read the full article on MotoriousSign up for the Motorious Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.
+7 others
