Re: Seeking opinions on 1937 Packard 120 coupe

Posted by David Grubbs On 2014/7/10 15:54:45

Ditto above. The coupe is a desirable model, but it does need painting. I think I see some blistering of the paint behind the drivers door - rust maybe? The steering wheel probably is cracked - the leather cover will cost you judging points. The engine needs to be detailed at least. The wire wheels look nice, and cost about $1500 or so, but are not correct. I would use them if my car had them though. If you use the original wheels, you will probably need new 16 inch tires. The wires are probably 15".

My guess - 21,000 is a bit too high, but if you want a rumble seat coupe, it is probably worth pursuing. Suggest you point out the cost of the paint job - at least $5000, and could run as high as 8,000. (unless you can do it yourself). On the engine, even if it is in perfect running condition, getting it detailed will set you back about $300 or so. I'd ask about the radio - Harold Rushing could give you an estimate for fixing it. Figure $500 each for each bumper rechroming. The running board strips are about $225. A good going over by a Packard mechanic is probably a good idea and could help prevent some unpleasant surprises. Checking with the local Packard club would help.

My gut feel - I would go about 16,000 to 18,000, assuming I had that much money in the bank! If you decide to go for it, suggest you bring $100 bills. It tends to make negotiating easier if the seller sees the money in your hand.