Misallocation

1940 Chevrolet Master Business Coupe

Sold at Mecum Auctions on Dec. 7, 2024.

$18,700Confirmed

The price as reported by the house. Hammer price $17,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1940
Make and model
Chevrolet Master and Master Deluxe
Generation
Master (1933 to 1942)
Gearbox
Manual
Chassis
5KB039053
Condition
Good (3)Likely

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

Against comparable sales

Inside the middle half of 41 comparable sales.

Middle half of sales$13,000 to $29,000
Median$20,625
Sales behind it41Likely

From 41 sales of the Chevrolet Master and Master Deluxe Master (1933 to 1942) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $13,000 and $29,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1940 Chevrolet Master Deluxe SedanMecum, June 5, 2026MecumJune 5, 2026$7,250
1940 Chevrolet Master 85 Sedan DeliveryMecum, Dec. 6, 2025MecumDec. 6, 2025$8,350
1940 Chevrolet Master Deluxe SedanMecum, Oct. 31, 2025MecumOct. 31, 2025$12,000
1940 Chevrolet Master Deluxe SedanMecum, June 7, 2025MecumJune 7, 2025$11,000
1940 Chevrolet Master Deluxe Business CoupeMecum, May 15, 2026MecumMay 15, 2026$42,000
235-Powered 1940 Chevrolet Master 85 Business Coupe Hot RodBring a Trailer, Feb. 19, 2026Bring a TrailerFeb. 19, 2026$9,200
1940 Chevrolet Master Deluxe Tudor SedanMecum, Dec. 5, 2025MecumDec. 5, 2025$19,000
29-Years-Owned, 350-Powered 1940 Chevrolet Master Town Sedan Street RodBring a Trailer, Sept. 25, 2025Bring a TrailerSept. 25, 2025$9,700