Third-generation Pagani — Mercedes-AMG twin-turbo V12 paired with a 7-speed manual or automated transmission.
Revealed in September 2022 and entering customer deliveries in 2023, the Utopia is Pagani's third model after the Zonda and the Huayra. It uses a Mercedes-AMG-developed 6.0-litre twin-turbo V12 producing 852 bhp / 864 PS, paired with a 7-speed Xtrac transaxle available in manual or automated specification. Pagani has emphasised mechanical simplicity, with no hybrid system and a deliberate focus on driver involvement.
Production is capped at 99 coupes. The Utopia Roadster was revealed in August 2024 and is capped at 130 units. Every car is bespoke at order.
Pagani's third-generation flagship and one of the few modern hypercars offering a true manual transmission with a twin-turbo V12.
| Variant | Years | Production | Notes |
|---|---|---|---|
| Utopia Coupe | 2023– | 99 | Cap currently at 99 coupes; bespoke at order. |
| Utopia Roadster | 2024– | 130 | Open-top derivative revealed in August 2024, capped at 130 units. Same 864 PS / 852 hp Pagani V12 and 1,280 kg dry weight as the Coupe, with the choice of 7-speed manual or automated transmission. |
Start with identity, paperwork and originality. For the Pagani Utopia, the strongest cars have continuous ownership history, matching numbers where applicable, original books and tools, factory build documentation and evidence of work by manufacturer-approved specialists. Manual gearbox, bespoke colour combinations, low mileage and continuous Pagani service.
Mercedes-AMG M158 twin-turbo V12 is service-supported through Pagani; Xtrac transaxle and bespoke trim are factory-only. A proper pre-purchase inspection includes cold-start behaviour, ECU diagnostics and fault-code history (where applicable), leak-down or compression testing, underbody photography, suspension and chassis inspection, brake condition and a long enough road test to expose heat-related faults. Deferred maintenance on a car of this class is almost always more expensive than buying a better-sorted example.
Use a paint-depth gauge, lift access and a specialist familiar with the model's factory panel gaps and finish standards. Collector value is dramatically affected by structural repairs, refinished panels, poor paintwork and missing factory trim or option content. Documented cosmetic refresh is acceptable; concealed accident or fire damage must be priced severely.
Configuration, manual gearbox preference, low mileage and continuous factory service. Originality is the entire investment thesis. Specification, colour, options and limited-build variants move values significantly. Buy the best-documented example in the most desirable specification you can justify, rather than a tired example of a rarer derivative that will need years of corrective work.
| Date | Auction | Car | Mileage | Result |
|---|---|---|---|---|
| 2025-10-11 | RM Sotheby's The Tailored for Speed Collection (Lot 121) | 2024 Utopia | — | CHF 3,267,500 Sold |
Capped, manual-available, twin-turbo V12 Pagani; bespoke configuration and continuous factory service will sort long-term collector hierarchy.
Our view, not advice. This section is Car Collector International's editorial judgement on where this model sits in the collector market, based on the production, specification and market data set out in this guide. It is not a recommendation to buy or sell and it is not investment advice. Values can fall as well as rise.
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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.
