1936 Packard Eight Phaeton, believed to be the last remaining example, sells for $176,000 in Las Vegas
1936 Packard Eight Phaeton. Images courtesy Barrett-Jackson.
It isn’t clear how many Fourteenth Series phaetons Packard built for the 1936 model year, but if the claim of auction firms RM, Mecum and Barrett-Jackson is to be believed, just one 1936 Packard Eight Phaeton survives. Last weekend in Las Vegas, this stately classic crossed the stage at the Barrett-Jackson auction, where it sold for a fee-inclusive price of $176,000, breaking into the top-10 in the process.
Delivered new from a Pennsylvania dealership, this Packard Eight Phaeton came with a 320-cu.in., 130-horsepower L-head inline-eight engine and a three-speed manual transmission. Chassis number 394365 remained with its initial owner until 1952, at which time it was sold to a buyer from New York. He retained the car until 1999, when the car passed to its third owner, having accumulated just 57,000 miles over the course of its six-plus decade life. A ground up restoration was begun, and this would reportedly stretch over a four-year period, during which time even the instrumentation was rebuilt (and the odometer zeroed out).
The Packard’s fourth owner acquired the car at Hershey in 2004, and was said to be fonder of driving the car than showing it. Despite this, he racked up just 178 miles in the phaeton during his four-year stewardship, and the car was sold to its fifth owner for a price of $187,000 at Amelia Island in 2008. Since then, it’s been offered for sale at Mecum’s 2012 Monterey auction, where it bid to a price of $175,000 but failed to meet the reserve.
That wasn’t the case in Las Vegas, where the Packard sold for a price of $176,000, including buyer’s fees. Though the restoration is now roughly a decade old, the car shows well in pictures, and in 2012 had accumulated just 451 miles since the work was performed.
1969 Chevrolet COPO Camaro.
Other cars in the top-10 at Barrett-Jackson’s Las Vegas sale included a 2013 Lamborghini Aventador, which sold for $440,000; a 1971 Plymouth Hemi ’Cuda, which sold for $385,000; a 2006 Ford GT, which sold for $291,500; a 1966 Ford Shelby G.T. 350, which sold for $220,000; a 2013 Lamborghini Gallardo, which sold for $220,000; a 2011 Bentley GTC Supersports, which sold for $176,000; a 1969 Chevrolet COPO Camaro, which sold for $172,700; a 1957 Mercedes-Benz 190 SL roadster, which sold for $165,000; and a 1968 Ford Shelby G.T. 500 Fastback, which sold for $165,000.
2015 Dodge Challenger SRT Hellcat.
Several cars were sold to raise money for charity, including a 2015 Dodge Challenger SRT Hellcat, VIN 700001, sold in support of Opportunity Village Foundation for $825,000; a 2015 Chevrolet Corvette Stingray, VIN 001, sold in support of the CARE House of Oakland County for $400,000; a 2015 50 Years Limited Edition Ford Mustang, sold in support of Get Your Heart Racing for $170,000; a 2014 Chevrolet Z/28 Camaro, VIN 003, sold in support of the YMCA of Southern Nevada for $147,500; and a 2012 Ford Fusion Race Car, sold in support of the Paralyzed Veterans of America for $100,000.
1958 Pontiac Chieftain.
In keeping with Barrett-Jackson’s “something for everyone” approach, the choice of vehicles at the sub-$10,000 price point didn’t disappoint, either. Bidders took home a 1956 Nash Metropolitan two-door hardtop coupe for $9,570; a 1972 Chevrolet Chevelle Custom station wagon for $9,350; a 1951 Kaiser 512 Deluxe four-door sedan for $9,350; a 1973 Oldsmobile Delta 88 Royale Custom convertible for $8,800; a 1954 Packard Clipper two-door sedan for $8,800; a 1974 Jensen Healey convertible for $8,580; a 1984 Ford Mustang GT convertible for $$6,600; a 1966 Ford Thunderbird two-door hardtop for $4,950; a 1969 Mercedes-Benz 280 SE four-door sedan for $4.950; and a 1958 Pontiac Chieftain four-door sedan for $4,620.
For complete auction results from Las Vegas, visit Barrett-Jackson.com.