1935Packard

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1935Packard last won the day on October 3 2018

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About 1935Packard

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  • Location:
    California
  • Interests:
    Packards, Cadillacs, and other CCCA cars. Also, 50s two-seaters.

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  1. Wow. What a great car for such a great value. I have some car guy friends not far from there, I wonder if they know about this. If it's a permitted topic in the thread, I'd be interested in hearing more from those a lot more informed than me as to why those cars have fallen in value more than others. General lack of demand for American cars from the 40s? Too many around, as John suggests, as so many were recognized as classics early on? Loss of prestige for the Lincoln brand in recent years? Some combo of the above? Either way, seems like a crazy amount of car for the money.
  2. The new owner showed up the ACD forum on FB recently, understandably excited about his purchase. Interestingly, he said he knows very little about the car and was looking for as much help as he could get. https://www.facebook.com/groups/ACDClubGroup/ (1/19 post)
  3. I just want to flag for the cognoscenti that Matt seems to be saying that Packard convertible sedans are enjoying "booming popularity" and are particularly sought after right now. I think the world may have finally realized that Packard convertible sedans offer a remarkable package. "Handsome top up or down," as Matt says; "a top that disappears so completely" with the top down; good protection against the elements with the top up; and seating for the whole family. It's a hot ticket right now! P.S. Whether I have recently acquired such a car is left as an exercise for the reader.
  4. I can only speak for my own preferences, which are probably quirky, but which I would rather have depends on whether I would want to show or drive it. To show, I'll take the Brunn. Custom, etc. To drive, I'd take the convertible sedan. Driving with the top down is a good part of the fun. No idea if others share that view, though, or how many actually drive these cars often enough to make that distinction. Top down, sunny day . . .
  5. I like the Brunn bodied cars, too. This is totally outside my knowledge, but I've assumed the Brunn cars' relatively low market values reflect what I take to be their strange status as sort of closed, sort of open cars, given that they're not full convertibles. In contrast, I think most years of Packard convertible sedans have tops that go down relatively flush to the body and don't look awkward with the top down. I don't know if that explains it.
  6. I think the market in the 35-37 V12 convertible sedans has been a bit stronger than that. Looking at some auction results: $275K for a '37 at a 2016 RM auction. $220K for a '37 at a 2013 auction. $214.5K for a '35 at a 2010 RM auction that looks quite nice. Not an auction price, but here's a '36 for sale asking $269K at a dealer, looks like a 90s resto. $160K for a driver '35 with a 60s era resto but a later repaint last year. Granted, who knows what the values are likely to be in the new softer market. No idea how they got to $450K. I vaguely recall that one was 2nd in class at Pebble maybe 4-5 years ago and was being offered for sale since then, not sure if it was that one. UPDATE: No, different car, although also shown at Pebble. Maybe the Bette Davis connection made a difference?
  7. Interesting -- thanks for the context, guys. I have never driven an Auburn, much less of that vintage, but it looks like an incredibly cool car for that kind of money. I love the style, and I really like the colors, too. And I imagine that if you showed up at a local CCCA event with a really rare car like that, and an open car no less, you would draw attention that most people aren't getting for 3X that kind of money. I hope the longtime owner didn't need the money.
  8. Agreed. Been there, on a similar car, although only once -- enough to persuade me not to do it again. That was what led me to post the original comment on the thread: I couldn't figure out why that car had such a big estimate at the 2016 auction -- $225K-$275K-- when it needed everything. I bought my repro cormorant from Fred Mauck 7 or 8 years ago, I think for $600 or $700. I know Fred died in 2015; I wonder who if anyone is still making them. Looks like some great deals on some CCCA cars at that auction. Unless I'm missing something, whoever bought that 1929 Auburn Eight Cabriolet for $51.5K got a great car for super cheap.
  9. Curious if anyone knows what happened with this car. RM's website always takes a few days to post results. AJ, do you know?
  10. Agreed, better to own a slowly depreciating asset like an antique car than a quickly depreciating asset like a new car. Our cars may be on a slow downward trend, but at least they don't half in value over the 1st 4-5 years of ownership.
  11. Among new cars, I'd love to have a Tesla Model 3 Performance and a Porsche 911 cabriolet. I don't think of them as future "collector" cars, but I'd love to own and drive them now. A few people above have mentioned Boxsters, and I agree: They're fabulous driving cars that you can now buy used quite inexpensively. I had one as a daily driver for 7 years, and it was a blast. Fast, fun, attractive, and totally reliable.