Re: 1931 826 value

Posted by GaryinSC On 2022/3/31 13:08:26

A 31 Packard of any model will be very tough to nail down value. Are you looking at the 31 Super8 listed in Hemmings ? That car is very rare, but that does not make it more valuable. In fact a 31 will be tough to find parts for as so few were built. One thing that is a must in the purchase of any vintage car and that is a compression test. If the engine on that 31 is bad then the car is about worthless. The compression should be around 80 lbs as new or higher in a Super8. So anything below say 65 lbs is a sign something is amiss. Any variation in compression between cylinders of more than 10% is another sign of impending problems. Oil pressure is another important sign and should be at least 30 lbs on a cold start up. If the engine is not maintained, then likely there are other important items, such as the Bijur system, clutch and steering and brakes that are not maintained either. Restoring one of these cars is expensive to the extreme especially if parts are missing. This is a hobby not an investment and you must love the car more than your money. Be careful and go slow, and send us some pics, there are plenty of competent folks here to help you. See photo, I have over $ 65,000 in this mostly restored 1932 901, and I would likely loose money in any sale.

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