Re: 1950 Packard 8 value?????

Posted by Fish'n Jim On 2023/7/14 20:10:47

I don't see paying several hundred for an appraisal in this price range.

I usually use CAAAR but they don't cover this period for some unknown reason.
Hagerty shows a #3 - good condition at $15600. (1-4 scale)

I'd say that's generous and not out of the question to the right buyer. It's probably going to be hard to find that individual right now with the economy etc. Compare a victoria(convertible) sold for close to $40K recently.
eg: I'm watching an original '50 club sedan going to auction Sat to see how the market is for bath tubs.
This era has been depressed for a long time and not keeping pace with the current general collector trends, paying up for quality but not buying generally - price solid but increase in "no sales/pass" at auctions.
What happens is when inflation/costs rise, people ask more but the market may not bear.