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Packard - All Models (1931)
Packard All Models — 1931 | Classic Luxury with Modern Value The 1931 Packard All Models captures the pinnacle of American craftsmanship, blending advanced engineering with unmistakable elegance. With a title that still sparks interest among collectors, this iconic vehicle continues to command excitement in today’s market, and its value is now a topic for many enthusiasts and investors alike. Whether you’re curious about the current Packard All Models price, the used Packard All Models price, or simply wondering what is a 1931 Packard All Models worth, this overview provides a clear snapshot of what drives the value of these remarkable cars.
- Engine: 4‑cyl 4.7‑liter L-head engine (circa 1931) – delivers 55 hp at 2800 rpm | Designed for smooth performance and efficient fuel consumption.
- Transmission: 4‑speed manual, synchromesh on 3rd and 4th gears, with engaging gear feel and robust torque handling.
- Fuel Type: Gasoline – standard for the era; fuel economy commonly quoted near 22 mpg city / 28 mpg highway.
- Dimensions: 5 ft 3 in. wheelbase; 200 in. overall length; 79 in. width; 50 in. height.
- Weight: Approximately 2,900 lbs (3,300 kg) – reflecting the heavy, yet carefully engineered chassis.
- Suspension: Independent front suspension with tandem rear leaf springs for ride comfort and precise handling on all road types.
- Brake System: Locked drum brakes all around - standard for the 1930s; recommended routine inspection for modern safety.
- Interior: Leather upholstery, walnut dash trim, and Pelham-style keys – providing a timeless luxury feel.
- Transmission: 4‑speed manual, synchromesh on 3rd and 4th gears – offering a smooth, responsive driving experience.
- Drivetrain: Rear‑wheel drive, ensuring balanced power delivery and characteristic Packard ride quality.
- Notable Features: Chain drive to the rear axle, optional hydraulic brakes, and 9‑to‑1 gear ratio versatility for highway cruising.
- First‑Year Loss: A Packard All Models typically loses 15‑20% of its showroom value when it drives off the lot, capturing the early depreciation curve common among classic luxury models.
- Three‑Year Decline: After the first two years, the annual drop tends to level off around 5‑8% per year as time passes, balancing out the initial plunge with maturity appreciation.
- Long‑Term Depreciation: Over a decade or more, the depreciation rate averages roughly 2‑3% per year, depending heavily upon condition, mileage, and originality.
- Classic Value Shift: The older a vehicle becomes, the more its rarity and historical significance can offset mileage‑based depreciation, especially for well‑maintained examples.
- Lincoln Continental (1931) – Offers a more compact profile but shares similar luxury ethos; market-ready price is often ~$50k-$80k.
- Chrysler Imperial – Known for expansive cabin space; it typically trades in towards $55k-$90k based on restoration level.
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Last 20 car trackeds
Last tracked date Status Price Price rank Link 4 years ago used £48,000.00 Unlock all links 4 years ago used £48,000.00 Unlock all links Note that old links may not work