1998 Lancia Ypsilon LX (MK1) – Rare 1.2 16V, one-owner car, only 52,000 km from new

This 1998 Lancia Ypsilon LX represents the first generation (MK1) Ypsilon, produced between 1996 and 2003 — a model that truly stood apart in the city-car segment thanks to its bold design language and Lancia’s uniquely refined approach to comfort and luxury.

Delivered new in Italy to its original lady owner near Pisa, this car has remained in the same careful hands from day one and shows just 52,000 original kilometers. Its exceptional condition reflects a lifetime of gentle use and attentive maintenance.

This example is particularly desirable and rare, fitted with the sought-after 1.2-liter 16-valve engine producing 80 horsepower — a significant step up from the more common 60 hp versions. The result is a noticeably more lively, smooth and refined driving experience, perfectly suited to both city streets and open roads.

As an LX version, it benefits from the highest level of equipment available at the time, including air conditioning, power steering, and the beautiful full Alcantara interior — details that give the car a level of comfort and sophistication rarely found in cars of this size.

Mechanically, it is fully sorted and ready to enjoy. A comprehensive service was carried out approximately one year ago, including timing belt and water pump replacement, air-conditioning recharge, and four new tires.

Finished in discreet Grigio Steel, elegantly contrasted by the sumptuous green Alcantara cabin, the specification perfectly captures the understated yet distinctive Lancia philosophy.

The Ypsilon’s design — composed of fluid, interconnected curves — has always divided opinion. Loved by some, misunderstood by others. At Gem Classic Cars, we genuinely admire this bold and unconventional character, and firmly believe the MK1 Ypsilon to be one of the coolest, most charming and luxurious city cars ever built.

A rare opportunity to own a truly individual Italian classic — compact in size, big in personality, and completely ready to be driven and enjoyed.