Lancia 037

vs

Lancia Lambda

Italy vs Italy — 1982 vs 1922

Lancia 037 (1982)
Lancia Lambda (1922)
Specifications
037 RallyLambda
Horsepower205 hp49 hp
Engine Size1,995 cc2,120 cc
Top Speed71 mph
Weight2,315 lbs
Wheelbase2,440 mm3,100 mm
Length4,225 mm4,500 mm
Units Produced20013,003
Value (Excellent)$700,000$400,000
Collectibility5/109/10
Rarity10/108/10
The Verdict

It's a closely fought contest. The 1982 Lancia 037 Rally brings more power, greater rarity to the table, and the 1922 Lancia Lambda answers with stronger collectibility, better value. Both are excellent machines that reward their owners in different ways — there's no wrong answer here.

Overview

Lancia has long offered a diverse lineup, and comparing the 1982 Lancia 037 Rally with the 1922 Lancia Lambda highlights the breadth of the marque's engineering philosophy. The 1982 Lancia 037 Rally holds a clear advantage in raw power with 205 hp compared to 49 hp, a 156-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Lancia 037 uses a Inline-4 displacing 1,995 cc, while the Lancia Lambda relies on a V4 OHC with 2,120 cc. Rarity plays a significant role here — with only 200 units built, the 1982 Lancia 037 Rally is considerably scarcer than the Lancia Lambda's 13,003 examples. On the collector market, the 1982 Lancia 037 Rally commands a significant premium over the 1922 Lancia Lambda, reflecting differences in prestige and rarity. From a collectibility standpoint, the 1922 Lancia Lambda rates higher among enthusiasts and auction houses.