Misallocation

1938 Ford Model 81A Sedan

Sold at Mecum Auctions on Dec. 5, 2024, offered with no reserve.

$3,850Confirmed

The price as reported by the house. Hammer price $2,850, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1938
Make and model
Ford Deluxe and Super Deluxe (1935 to 1948)
Generation
Model 48 to 01A (1935 to 1940)
Version
Model 48 to 01A (1935 to 1940)
Gearbox
Manual
Chassis
4499197
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 91 comparable sales, 777% under its bottom.

Middle half of sales$25,000 to $42,250
Median$31,750
Sales behind it91Likely

From 91 sales of the Ford Deluxe and Super Deluxe (1935 to 1948) Model 48 to 01A (1935 to 1940) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $25,000 and $42,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
42-Years-Owned 1938 Ford Deluxe Convertible SedanBring a Trailer, April 14, 2025Bring a TrailerApril 14, 2025$19,250
1938 Ford Deluxe Convertible CoupeBring a Trailer, Nov. 18, 2024Bring a TrailerNov. 18, 2024$25,000
1939 Ford Deluxe CoupeMecum, Oct. 24, 2026MecumOct. 24, 2026$23,000
1939 Ford Deluxe ConvertibleMecum, Sept. 26, 2026MecumSept. 26, 2026$50,000
1939 Ford Deluxe Convertible SedanMecum, Sept. 26, 2026MecumSept. 26, 2026$42,000
1939 Ford Deluxe Convertible SedanBring a Trailer, July 7, 2026Bring a TrailerJuly 7, 2026$43,000
1937 FORD MODEL 78Barrett-Jackson, June 26, 2026Barrett-JacksonJune 26, 2026$15,000
1939 Ford Deluxe Convertible CoupeMecum, May 16, 2026MecumMay 16, 2026$30,000