The 1937 Packard Twelve Convertible Sedan featured here is finished in the stunning color combination of Buckingham Gray over a red leather interior and beige folding convertible top. This 15th Series Packard Twelve was reputedly sold new through the Packard Westchester Company of White Plains, New York, in June 1936. More recently, this 1508 Convertible Sedan was subjected to an extensive restoration performed with meticulous attention to detail by noted marque specialist Ray Belsito of Massachusetts. The adornment of a Classic Car Club of America (CCCA) National First Prize on the cowl serves as a testament to the rarity of this motorcar and the quality of its restoration. As a CCCA Full Classic, this Model 1508 Packard Twelve would be a welcome addition at a future CCCA event or caravan and will certainly bring years of enjoyment to its future caretaker. We are proud to offer this outstanding 1937 Packard Twelve Convertible Sedan to the most astute collector or investor who appreciates CCCA nationally awarded motorcars and the legacy of the Packard marque. Ready to make an investment that you can actually enjoy? Classic cars have proven to be among the most resilient and rewarding investments in recent years with the Historic Automobile Group Index (HAGI) jumping 39% in 2013, 16% in 2014 and 17% in 2015 while posting gains of 467% over the last 10 years. Please contact one of our expert sales consultants for more information. They will be happy to give you a complete walk-around, supply you with a more detailed description and answer any questions you may have. Buy with confidence.
HISTORY OF THE 1937 PACKARD TWELVE CONVERTIBLE SEDAN
1937 was a big year for Packard. The company was continuing its philosophy of a car for every class, and customers had an incredible 50 different models to choose from. Packard would sell an astounding 109,518 cars during 1937, 90% of which were either the 115 6-cylinder or 120 8-cylinder models. The Packard Twelve continued to be the top model in luxury, speed and style with the 473ci V12 engine pushing 180 horsepower courtesy of improved carburation. Only 1,300 Twelve chassis were constructed for the 1937 model year which was the last year the Twelve was offered on the imposing 144” wheelbase chassis. A dozen different configurations allowed Packard to produce a Twelve that served the needs of the most discerning clientele. Packard’s most expense factory production offering for 1937 was body style 1073, the model 1508 Convertible Sedan. With a factory price of $4,650 (the equivalent of over $81,000 today), the Twelve Convertible Sedan was only available to the most discerning clientele. An incredible combination of luxury and performance that could only come from Packard; this model proves to be extremely desirable among collectors with examples few and far between.
Daniel Schmitt & Co. is located in beautiful and historic St. Louis, Missouri. Our dealership spans 4 acres, boasts 3 luxurious showrooms, a state-of-the-art service department, a world-class restoration facility, and is only minutes away from Lambert International Airport. While we offer our cars for online sale and auction, we do also encourage you to visit our beautiful classic car showroom!
Family owned and operated for over 50 years, we are a classic and luxury car gallery, committed to delivering some of the rarest, highest-quality classic cars, to customers worldwide. Throughout the years, our classic car dealership has built its reputation as one of the most trusted providers of classic cars to enthusiasts, collectors or investors. We offer truly unique and beautiful motorcars for sale.
As Daniel Schmitt & Co. reviews will attest, we focus on providing a world-class automobile shopping experience with thorough descriptions and detailed images - an absolute must in the digital age, when many of our classic and investment cars are sold online. Please feel free to contact us with any questions you may have.
We look forward to working with you!
High Retail: $284,900.00
High Retail Value
This vehicle would be in excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning. The interior would be in excellent condition. Note: This value does not represent a “100 Point” or “# 1” vehicle *.* “100 Point” or “# 1” vehicle is not driven. It would generally be in a museum or transported in an enclosed trailer to concourse judging and car shows. This type of car would be stored in a climate-regulated facility.
Finance rates as low as 5.9%.
We know that classic car financing can pose a unique challenge. Although a vintage or exotic car can be an excellent investment, some financial institutions attempt to apply standard “used car” rules for financing a classic car, which in many cases can make loan approval difficult.
We work closely with many banking institutions that understand and recognize the collector value of classic cars and view them as an investment, which allows us to help you get the financing you need so that you can have the car you have dreamed of.
Terms available up to 144 Months
If you have any questions, feel free to contact us, (314)291-7000 or firstname.lastname@example.org
* Rates vary depending on year of car, length of term and credit score.
Warranty Available. Please inquire for more information.
Please note: Shipping costs are the responsibility of the buyer. The prices listed in our ads are only shipping estimates, not the actual cost. Shipping costs vary depending on vehicle size, fuel prices, and carrier type.
Vehicle may be sold by our dealership before the end of auction.
Daniel Schmitt & Company has described the above-mentioned vehicle to the best of our ability. However, as with all pre-owned automobiles, the condition is subjective, and we recommend that the potential buyer fly out to inspect, as well as test drive any of our vehicles before finalizing their purchase. If it is not feasible for you to personally perform an inspection, we will gladly help facilitate an inspection by an independent service center of your choice and will make delivery arrangements of the vehicle for this purpose. All vehicles are sold in “AS IS” condition. Extended warranty options are available on most vehicles. Please be advised that no verbal statements concerning any vehicle constitutes a representation or warranty of said vehicle. Our goal is to provide you with the best service and buying experience as possible. All purchases include an additional $385 processing fee which covers the processing of paperwork, pre-vehicle delivery costs, FedEx shipping fees, and a 30-day temporary registration plate so that the vehicle can be driven prior to the title transfer. (ATTENTION INTERNATIONAL BUYERS: Please be aware that you will be responsible for the Federal Reserve fee(s) charged for all incoming wires).
In regards to winning bidders and Buy It Now customers: All winning bidders and Buy It Now bidders are encouraged to fly out and personally inspect the vehicle. If you deem the vehicle is not as represented upon personal inspection, we will not only refund your deposit, but will also reimburse your airfare at the cost of a coach ticket. Feedback must be left at the time of delivery upon final inspection.
Pertaining to non-eBay winners: Anyone who has provided a deposit but whose purchase is still pending, please note that said vehicle will not be held and is subject to being sold at any time until all contingencies are removed and the purchase order is signed.
The advertised mileage represents the actual miles when the car was posted online. These vehicles are test-driven and actual mileage may vary at the time of sale.
All used vehicles should be assumed to have some degree of wear. We do not manufacture our product. Each vehicle’s brand has its strengths, styles, tendencies, and shortcomings. Despite our best efforts to verify a vehicle’s mechanical condition, we are not able to warranty a manufacturer’s workmanship or a previous owner’s diligence in care of said vehicle. Due to this reason, all vehicles are sold “AS IS”. There are no mechanical guarantees, expressed or implied.
Daniel Schmitt & Co. reserves the right to end the auction at any time.
Showroom Hours Monday - Friday: 8:30 AM - 5:00 PM Saturday: 9:00 AM - 3:00 PM (open until 5:00 by appointment) Sunday: Closed