1937 Peugeot 402 Sedan
Offered by Dorotheum | Salzburg, Austria | October 21, 2023
The auction catalog compares Peugeot’s 402 to Chrysler’s Airflow, which debuted a year prior than the 402. It had a streamlined design, with the headlights set in the center of the car behind the grille. The basic 402 was a sedan, but more exotic versions, like the Darl’mat were also available.
For 1937, the engine was a 2.0-liter inline-four that was rated at 55 horsepower. The engine would be increased in size the following year, with a power bump alongside. This particular car is one of just 835 delivered with a Cotal pre-selector gearbox.
It was hidden in Algeria during WWII and retrieved by its German owner after the war was over. The car has received a freshened interior and an engine rebuild in the last 15 years. There were 75,000 of these built, but they are not common today. This one has an estimate of $25,000-$32,000. Click here for more info.
Update: Sold $21,566.