Misallocation

1937 Packard Twelve Series 1506 Touring Sedan

Sold at Bring a Trailer on Sept. 1, 2026.

$72,000Confirmed

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

The car

Year
1937
Make and model
Packard Twelve
Generation
Twelve (1932 to 1939)
Chassis
1023298
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 30 comparable sales, 47% under its bottom.

Middle half of sales$105,625 to $315,000
Median$161,027
Sales behind it30Likely

From 30 sales of the Packard Twelve (1932 to 1939) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $105,625 and $315,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1937 Packard 1507 Twelve Coupe RoadsterRM Sotheby's, Feb. 27, 2026RM Sotheby'sFeb. 27, 2026$295,000
1937 Packard Twelve V12 EngineBring a Trailer, Sept. 10, 2025Bring a TrailerSept. 10, 2025$13,000
1938 Packard 1607 Twelve Convertible VictoriaRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$107,500
1938 Packard 1607 Twelve Convertible VictoriaRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$105,000
1938 Packard 1607 Twelve Five-Passenger Coupe ProjectRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$21,000
1936 Packard 1407 Twelve Sport PhaetonRM Sotheby's, Feb. 27, 2026RM Sotheby'sFeb. 27, 2026$360,000
1936 Packard 1407 Twelve Sport PhaetonRM Sotheby's, Oct. 9, 2025RM Sotheby'sOct. 9, 2025$162,054
32-Years-Owned 1936 Packard Twelve Series 1408 Seven-Passenger SedanBring a Trailer, June 23, 2025Bring a TrailerJune 23, 2025$34,000