Re: 56 Carribean on E-Bay

Posted by ewrecks On 2015/3/20 20:58:37

I would like to see a $165000 Caribbean. There has not been one sold in the past few years at over $145k and that was a spectacular all black 56. When I started looking for a Caribbean project in 2008 the price guides suggested that a Number 1 restored car could sell for nearly $200,000 but in the years that have followed, the prices have tumbled.
I anticipate that you could spend well,over $165000 to acquire and restore a Caribbeam to Pebble Beach standards with a professional restorer...., but unless the younger generations become intrigued with the cars, I anticipate that it will be quite some time until the cars compete with Cords or the Twin Six cars.
Most people under 40 have never seen or heard,of a,Caribbean.....or a Packard.
Just my opinion.