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3455 N. Lindbergh Blvd
St. Louis, MO 63074
Telephone: (314)291-7000
Fax: (314)291-0957
E-Mail – info@schmitt.com
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Highlights
The magnificent 1955 Packard Caribbean Convertible featured here is finished in the stunning color combination of Jade White over Gray Pearl separated by a Turquoise belt line with a matching Turquoise and white interior with white power folding convertible top. This particular example was the 220th out of only 500 produced for 1955. The Caribbean was purchased new in Nebraska by a local physician as a birthday present for his wife and was later displayed in the showroom by the selling dealer for 25 years! In the early 2000’s the Packard was under the care of another meticulous owner who oversaw an extensive 18-month restoration by the specialists at SELCO Restorations in Richmond, Texas. The restoration addressed all components and aspects of the vehicle including the mechanical and electrical systems while completely renewing the Packard’s cosmetics. In all over 1,500 man hours were invested bringing the Caribbean back to like new condition. Since restoration the Packard has remained exclusively in collector-level ownership including discerning collector Richard Kughn, former President of the Lionel Trains! Today the Packard presents in spectacular condition while having only accrued 64,891 miles from new while the numbers matching 352ci “Dual Quad” V8 engine still performs like it was new! We are proud to offer this stunning 1955 Packard Caribbean Convertible to the most astute collector or investor who understands and appreciates the rarity of this great American marque. 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. Ready to make an investment you can actually enjoy? 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.
In 1955 Packard took its flagship model, the Caribbean, to new heights. A completely new design by Richard Teague succeeded in making the car look modern. Packard’s first series of V8 engines were now standard on all models, with the most powerful being the 352ci V8 equipped with “dual-quad” Rochester carburetors. This combination produced 275 horsepower and was only offered in the Caribbean. Underneath the new “modern” body was Packard’s unique torsion bar suspension which was a standard feature and made the model one of the best riding cars of 1955. Costing $5,932 when new, the equivalent of roughly $57,000 today, the Caribbean Convertible (style number 5588) was Packard’s most expensive offering for 1955. The combination of style, performance, ride quality and low production numbers (only 500 examples were produced for 1955) makes examples highly sought after by collectors today.
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!
Finance rates as low as 8.9%.
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 credit@schmitt.com
* 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.
Condition Disclaimer
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.
Daniel Schmitt & Co. 3455 North Lindbergh Blvd St. Louis, MO 63074 (314)291-7000 info@schmitt.com
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