Misallocation

1954 Packard Caribbean Convertible

Sold at Bring a Trailer on June 5, 2025.

$9,500Confirmed

The price as reported by the house. Read from the house's results Oct. 25, 2026.

The car

Year
1954
Make and model
Packard Caribbean
Generation
Caribbean (1953 to 1956)
Version
Caribbean (1953 to 1956)
Gearbox
Automatic
Chassis
54782137
Condition
Fair (4)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 11 comparable sales, 242% under its bottom.

Middle half of sales$32,500 to $60,250
Median$54,018
Sales behind it11Likely

From 11 sales of the Packard Caribbean (1953 to 1956) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $32,500 and $60,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1954 PACKARD CARIBBEAN CONVERTIBLEBarrett-Jackson, Jan. 23, 2025Barrett-JacksonJan. 23, 2025$32,000
1955 Packard Caribbean ConvertibleBring a Trailer, Feb. 8, 2026Bring a TrailerFeb. 8, 2026$56,000
1954 Packard CaribbeanRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$54,018
1953 Packard Caribbean ConvertibleMecum, March 20, 2025MecumMarch 20, 2025$100,000
1955 Packard Caribbean ConvertibleMecum, March 20, 2025MecumMarch 20, 2025$33,000
1953 Packard Caribbean ConvertibleMecum, Jan. 12, 2025MecumJan. 12, 2025$18,500
1953 Packard CaribbeanRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$58,000
1953 Packard CaribbeanRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$42,500