Misallocation

1956 Packard Caribbean Hardtop

Sold at Mecum Auctions on July 25, 2026.

$32,450Confirmed

The price as reported by the house. Hammer price $29,500, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1956
Make and model
Packard Caribbean
Generation
Caribbean (1953 to 1956)
Version
Caribbean (1953 to 1956)
Gearbox
Automatic
Chassis
56971122
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

Below the middle half of 11 comparable sales, 10% 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
1955 Packard Caribbean ConvertibleBring a Trailer, Feb. 8, 2026Bring a TrailerFeb. 8, 2026$56,000
1956 Packard Caribbean ConvertibleRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$68,750
1955 Packard Caribbean ConvertibleMecum, March 20, 2025MecumMarch 20, 2025$33,000
1954 Packard Caribbean ConvertibleBring a Trailer, June 5, 2025Bring a TrailerJune 5, 2025$9,500
1954 PACKARD CARIBBEAN CONVERTIBLEBarrett-Jackson, Jan. 23, 2025Barrett-JacksonJan. 23, 2025$32,000
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
1953 Packard Caribbean ConvertibleMecum, Jan. 12, 2025MecumJan. 12, 2025$18,500