Pegaso Z-102 Cabriolet

1952 Pegaso Z-102 Cabriolet

Offered by Bonhams | Paris, France | February 6, 2020

Photo – Bonhams

The Pegaso Z-102 is Spain’s most dramatic automobile. Produced between 1951 and 1958, the car sold just 84 copies, many of which ended up with beautiful coachbuilt bodies. We’ve featured three of them to this point, including a convertible.

This drop-top Z-102 looks a little more restrained, and that’s probably because it was bodied by the factory. And that is because this is a factory prototype that was displayed at the 1955 Paris Motor Show. It is powered by the earliest of Z-102 engines: a 2.5-liter V8 that makes 165 horsepower. The 2.8-liter version was more popular, and later cars had a 3.2-liter unit.

This is one of five factory prototypes and the only prototype cabriolet. The current owner purchased the car in 2019 and is the car’s third owner from new. The factory body, while more plain than the Saoutchik cars, is still fantastic. This car should bring between $890,000-$1,300,000. Click here for more info and here for more from this sale.

Update: Sold $782,089.

Pegaso Coupe by Saoutchik

1955 Pegaso Z-102 Series II Coupe by Saoutchik

Offered by Gooding & Company | Amelia Island, Florida | March 10, 2017

Photo – Gooding & Company

The Z-102 from Spanish manufacturer Pegaso is the most exotic car to come out of post-WWII Spain. The cars were built in Barcelona, but bodied by some of Europe’s finest coachbuilders, in this case by Saoutchik of Paris.

This Z-102 is powered by a 2.8-liter V-8 producing 170 horsepower. This Saoutchik Coupe was one of seven built (there was also a Cabriolet). It’s one of the most striking designs of 1950s sports cars – at the same time sexy and aggressive.

Sold new in Paris, it was later owned by Bill Harrah and in 2002 came into the possession of the Imperial Palace Collection. It’s second restoration was completed in 2008. Only 84 Z-102s were built and each one is highly sought after. Costing approximately $17,000 when new, this car should bring between $600,000-$800,000. Click here for more info and here for more from this sale.

Update: Not sold.

Pegaso Z-102 Berlinetta

1954 Pegaso Z-102 3.2 Berlinetta by Touring

Offered by RM Sotheby’s | New York, New York | December 10, 2015

Photo - RM Sotheby's

Photo – RM Sotheby’s

Pegaso, the Spanish truck manufacturer, jumped into the sports car arena for a brief time in the 1950s. They did so by hiring an ex-Alfa Romeo engineer to come in and design and produce a world class sports car. While they certainly managed to do that, the overall project got out of control, expense-wise, and was shut down in 1958.

This car uses a 3.2-liter V-8 making 223 horsepower (upgraded from the car’s original 2.8-liter power plant). Pegasos used aluminium body work (a couple different coachbuilders were involved, this body is by Touring, as were most). They were light, powerful, and fast – with a top speed around 160 mph – faster than their Ferrari competitors of the day.

Because Pegaso was a state-owned company, budgets were everything. These cars spared no expense – at the expense of the whole project. Only 84 Pegaso sports cars would end up being built between 1951 and 1958. This car is all-original (sans glorious green paint, which was re-done in 1981). It has been in Spain its entire life, having had only four owners. It is an awesome car. Click here for more info and here for more from this sale.

Update: Sold $742,500.

Saoutchik-bodied Pegaso

1954 Pegaso Z-102 Series II Cabriolet by Saoutchik

Offered by RM Auctions | Amelia Island, Florida | March 9, 2013

1954 Pegaso Z-102 Series II Cabriolet by Saoutchik

Wow. Pegaso, the Spanish truck manufacturer, produced a line of sports cars in the 1950s and, boy, are they lookers. They are also highly desirable. The best-looking (and meanest) versions of the Z-102 I’ve ever seen have all been bodied by Saoutchik. This Cabriolet tops them all for beauty.

The Pegaso Z-102 was introduced in 1951 and lasted through 1958. Only 84 were built. This uses a 2.8-liter V-8 making 165 horsepower (other cars have other engines). Pegaso went the interesting pre-war route of offering different engine combinations with their chassis’ and then sent the cars to coachbuilders for interesting – sometimes one-off – bodies.

Saoutchik bodied some of the most flamboyant cars of the 1930s and 40s. When the last of the great coachbuilt cars (Talbot-Lago) stopped production, the great coachbuilders that were still around really didn’t have a lot going on. Some of them bodied a few Pegasos – Saoutchik bodied 18 Z-102s. Only one is a Series II Cabriolet (there were three Series I Cabriolets) and this is it. This car spent most of its life in its home country of Spain. At some point, an owner but a coupe body on it but it has been restored to original condition. It’s gorgeous and extremely rare – the most sought after post-WWII Spanish automobile ever built. It should sell for between $1,250,000-$1,750,000. Click here for more info and here for more from this sale.

Update: Did not sell.