Re: Advice wanted on 1941 Packard 160

Posted by West Peterson On 2012/9/25 8:37:29
Quote:

Tim Cole wrote:Documented first production 160 accepted by CCCA. $5000 firm."


That part wouldn't be entirely true, as there wouldn't be a "first." All 160s were accepted at one time. In addition, it adds nothing to the interest of the car itself. The CaseyRay gets the credit for all the work involved, not the car.

I'm in the camp that this car should not be "parted out." It is a solid restorable car. And, it looks to be rust free (correct me if I'm wrong), which makes it much more desirable to someone who can't afford to have the work done professionally. It will be one hell of a tour car once finished, with the overdrive and powerful engine, and without the headaches of the hydro/electric windows.

As far as the remarks about it costing more to restore than it will be worth when done, that pretty much goes without saying and would be true even if it was a convertible.

Here's a similar car from which all knowledgeable collectors walked away... except my brother, who paid about $8,000 for it. He basically never touched a wrench to a car before in his life, but succeeded in restoring to 95-plus-point condition during a period of two years, having it ready to be on the field during the Packard Clubs 100th Anniversary meet in Warren (to which he drove -- not trailered -- it from Minneapolis). He ended up selling soon after for about what he had in it, which was surprising, but it shows it can be done. In my opinion, that was a lot of work to just end up selling it. He basically restored it without paying himself one dime for labor.

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