Calling it the end of an era of truly classic automotive design, the seller of the Pick of the Day, a 1940 Packard 120 convertible, notes that only 292 examples of the vehicle were produced that model year.
“Maybe only 8-10 left existing?” the seller adds in the advertisement for the car on the ClassicCars.com marketplace website.
The seller notes that the car underwent a frame-off restoration in 1988, when it was equipped with four new-old-stock fenders. The exterior color is Miami Sand and the interior is Cuban Sea Green.
The electrical system has been updated. The car also has a new 4-row radiator core.
The engine was overhauled at the same time as the restoration was done, and the car “runs great, uses little oil and there is no smoke.”
The car rides on four new Coker radial tires and has new brake shoes with NOS asbestos pads, the seller says.
Specifics of mechanical bits are not included in the advertisement, except to note it has a manual transmission. For the 1940 model year, Packard 120s were equipped with 282cid straight-8 engines rated at 120 horsepower.
The 1940 model was part of the Packard 12th Series introduced for the 1935 model year with a second-generation offered from 1939-1941. Officially the One-Twenty, the number 120 came from the length of the car’s wheelbase in inches. The 120 was Packard’s mid-price vehicle competing with the likes of the LaSalle, Chrysler Airstream and Lincoln Zephyr.
“The paint is old and shows some checking and chipping,” the seller reports. “The top protector padding gauze on the inside has some tearing.
“Packard drives well but has been trailered to its many show and tour events; however, it is not a ‘Trailer Queen.’ The car has and will win awards at car shows.
“The man that did the frame-off restoration was a classic car mechanic. This was his favorite car. His health failed, and as a result, he was not able to enjoy it. He kept it unused, while the value went up.
“I bought it in 2002 and am now 90 years old. It is time for somebody else to enjoy this car as I have.”
The car shows 72,000 miles on its odometer. Photos of the car that are part of the advertisement show it with and without the external rear trunk.
The seller adds that a dual-axle trailer with tie-downs has been used to carry the car to shows and is available for $1,000 if desired.
Speaking of money, the car is offered for $59,000, but the seller says “gold or silver coins at the same price” would be accepted as payment.
To view this listing on ClassicCars.com, see Pick of the Day.