The big difference between Fiat / Lancia and GM, Ford and Chrysler is that when Fiat / Lancia looks into their inventory for a V8, they find ones made by Ferrari.
The Lancia Thema was one of four cars to share the "Type Four" chassis along with the Alfa Romeo 164, Fiat Croma and Saab 9000. Visually it was disappointing. From the outside, it almost looked like a car that could have come from Korea. Overall, in my opinion, the standard Thema was marginally better than the Croma, but not half as good as the 9000 and completely outclassed by the 164. It was a decent car that you'd be happy, but not thrilled, to own. All that changed, however, when Lancia introduced the Thema 8.32. This is an extraordinary sedan...
The 8.32 has a version of Ferrari's 4 valve V8, similar to the one found in the 308 QV. (8.32 stands for 8 cylinders, 32 valves.) The 8.32's version of this engine produced between 202 and 212 HP (depending on emissions equipment) and got the car to 60 MPH in the high 6 to low 7 second range. All of that power was put to the ground via the front wheels.
The 8.32 interior got a full luxury treatment, but the body looks like any other Thema (except for the retractable rear spoiler), making this car an ultimate sleeper.
The 8.32 was not a big seller. Roughly 4000 of these cars were built between 1986 and 1992. It was expensive and, ironically, slower to 60 than the far less expensive Thema Turbo. (The Turbo did not have the top speed of the 8.32 nor, of course, its Ferrari soundtrack.)
This Thema 8.32 is listed as a 1980 model (wink, wink). It is in overall good condition, needing just some minor work. The seller states "I have 2 Ferraris and they take up all of attention so I will need to pass this rare Lancia to another enthusiast like myself". He is also either very confident or very crazy, as he's offering this car on eBay with no reserve.
These cars now sell for relatively little money in Europe. They were close to $70,000.00 when new, but decent ones can now be found for $12K - 15K (Don't even think about a project car!), with spectacular ones going for just around $20K. It will be interesting to see what this car - being extremely rare in North America - goes for.
Located in North York, Ontario, Canada, click here to see the eBay listing.
A big thanks to JaCG reader, Blair, for sending me the link to this car.