Misallocation

1955 PACKARD 400

Sold at Barrett-Jackson on June 22, 2017, offered with no reserve.

$27,500Confirmed

The price as reported by the house. Hammer price $25,000, before the buyer's premium. Read from the house's results Nov. 2, 2026.

The car

Year
1955
Make and model
Packard Patrician and Four Hundred
Generation
Patrician and Four Hundred (1951 to 1956)
Version
Patrician and Four Hundred (1951 to 1956)
Gearbox
Automatic
Chassis
55876182
Condition
Excellent (2)Likely

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

Against comparable sales

Above the middle half of 5 comparable sales, 108% over its top.

Middle half of sales$8,900 to $12,000
Median$10,500
Sales behind it5Likely

From 5 sales of the Packard Patrician and Four Hundred (1951 to 1956) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $8,900 and $12,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1955 Packard 400 HardtopMecum, Dec. 5, 2025MecumDec. 5, 2025$5,600
1955 Packard PatricianBring a Trailer, Oct. 15, 2026Bring a TrailerOct. 15, 2026$17,000
One-Family-Owned 1955 Packard PatricianBring a Trailer, June 4, 2025Bring a TrailerJune 4, 2025$12,000
1956 Packard 400 HardtopMecum, Dec. 5, 2024MecumDec. 5, 2024$8,900
1953 Packard PatricianBring a Trailer, Nov. 13, 2025Bring a TrailerNov. 13, 2025$10,500