Lancia Thema

vs

Lancia Lambda

Italy vs Italy — 1986 vs 1922

Lancia Thema (1986)
Lancia Lambda (1922)
Specifications
Thema 8.32Lambda
Horsepower215 hp49 hp
Torque209 lb-ft
Engine Size2,927 cc2,120 cc
0-60 mph6.8 sec
Top Speed149 mph71 mph
¼ Mile15.0 sec
Weight3,175 lbs2,315 lbs
Wheelbase2,660 mm3,100 mm
Length4,590 mm4,500 mm
Units Produced3,37013,003
Value (Excellent)$60,000$400,000
Collectibility7/109/10
Rarity7/108/10
The Verdict

The 1986 Lancia Thema 8.32 holds an edge across most measurable criteria, offering more power, higher top speed, greater rarity. That said, the 1922 Lancia Lambda brings lighter weight, stronger collectibility and remains a compelling choice for enthusiasts who value Lancia heritage. The right pick depends on whether you prioritize specifications or the intangible qualities that make a car truly special.

Overview

The 1986 Lancia Thema 8.32 and 1922 Lancia Lambda share a manufacturer in Lancia, but that's where the similarities get interesting. These two models reveal the versatility and ambition of the Lancia brand. The 1986 Lancia Thema 8.32 holds a clear advantage in raw power with 215 hp compared to 49 hp, a 166-horsepower difference that shapes the driving experience. Under the hood, the contrast is notable: the Lancia Thema uses a V8 DOHC (Ferrari) displacing 2,927 cc, while the Lancia Lambda relies on a V4 OHC with 2,120 cc. The 1986 Lancia Thema 8.32 claims a higher top speed at 149 mph compared to 71 mph. The Lancia Lambda carries a weight advantage, tipping the scales 860 lbs lighter. Rarity plays a significant role here — with only 3,370 units built, the 1986 Lancia Thema 8.32 is considerably scarcer than the Lancia Lambda's 13,003 examples. On the collector market, the 1922 Lancia Lambda commands a significant premium over the 1986 Lancia Thema 8.32, reflecting differences in prestige and rarity. From a collectibility standpoint, the 1922 Lancia Lambda rates higher among enthusiasts and auction houses.