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Are prices trending downwards for late 1930's Packards ?
#1
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Garrett Meadows
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Currently listed on Hemming's are the following three Packards: 1937 Packard 120C, Packard Super-charged 8, and Packard Super 8, all three are for under $28,000.

I would have thought they would have been higher in price.


https://www.hemmings.com/classifieds/dealer/packard/120/2192817.html
https://www.hemmings.com/classifieds/dealer/packard/super-8/2233061.html
https://www.hemmings.com/classifieds/cars-for-sale/packard/120c/2215038.html

Posted on: 2019/3/23 15:42
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Re: Are prices trending downwards for late 1930's Packards ?
#2
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bkazmer
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I don't think it's just Packard - late prewar prices seem down.

Posted on: 2019/3/23 19:07
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Re: Are prices trending downwards for late 1930's Packards ?
#3
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Packard5687
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It's really good to see you back on Packard Information! Welcome back!

Posted on: 2019/3/23 22:34
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Re: Are prices trending downwards for late 1930's Packards ?
#4
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Packard Don
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Odd that the supercharged Packard still has the air cleaner support bracket attached to thin air at the top! Was the supercharger aftermarket or experimental?

Posted on: 2019/3/24 21:46
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Re: Are prices trending downwards for late 1930's Packards ?
#5
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Guscha
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At Hemmings.com the seller says: "...Look at this 1936 Packard One Twenty Sedan with Graham Supercharger, that we believe is a 1937 model! This was installed in the early 50's...."

Jump into -> this video to hear the charger sound.

Attach file:



jpg  (375.02 KB)
757_5c9845ea30914.jpg 1197X1221 px

Posted on: 2019/3/24 21:58
The story of ZIS-110, ZIS-115, ZIL-111 & Chaika GAZ-13 on www.guscha.de
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Re: Are prices trending downwards for late 1930's Packards ?
#6
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Ross
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Now that I have heard it--I want one.

Posted on: 2019/3/25 6:03
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Re: Are prices trending downwards for late 1930's Packards ?
#7
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Caribbeandude
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the 38 super 8 looks like possibly below market, the 120's look market correct

Posted on: 2019/3/28 13:58
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Re: Are prices trending downwards for late 1930's Packards ?
#8
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Tim Cole
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We do a lot of engineering work on Mustangs. They are not a car I would buy for myself because I don't want one. The Roush option is a very impressive performer, After about two blocks I couldn't understand why anyone would want to buy that antique stuff. Ditto the Chrysler Hell Cat. $65,000 gets you a car that will outperform the best factory built competition car. However, a little 4 cylinder BMW will beat both of those on the test track.

So the only reason to buy an antique car is if you like the car. For example, I remember bombing around in Billy Hirsch's 745. I hope whoever has it now will take care of it, but I'm thinking about retiring overseas and don't see much use for that stuff in places like Vienna, Prague, Berlin, or Warsaw let alone Acapulco.

These cars make me laugh. $28,000 for a Packard with an interior from the Men's Warehouse is absurd. I also notice how the prices keep going up on cars that have been for sale for years I assume because these people think are some kind of capital investment.

I knew somebody who lost money on four Duesenbergs. Enough said.

Posted on: 2019/3/28 18:40
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Re: Are prices trending downwards for late 1930's Packards ?
#9
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Garrett Meadows
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Thank you for the warm welcome back. I appreciate it. I had to leave the forum for a while because there were some forum members who were taunting me and being unnecessarily sarcastic to me. Why? I don't know, unless because I don't own a Packard and/or wasn't asking what they considered "serious" Packard questions. Who knows. I certainly don't.

Regardless, I do appreciate your kind welcome.

Posted on: 2019/4/2 20:17
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Re: Are prices trending downwards for late 1930's Packards ?
#10
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58L8134
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Hi skateboardgumby

Welcome back! Glad to have you back! Two words explain what is happening to pre-war collector cars in general: demographic change.

Steve

Posted on: 2019/4/3 8:11
.....epigram time.....
Proud 1953 Clipper Deluxe owner. Thinking about my next Packard, want a Clipper Deluxe Eight, manual shift with overdrive.
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