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1940 Packard One-Twenty Convertible Coupe

  • Chassis Number: 13992845
Packard's first entry into the medium-price field - the One-Twenty - was introduced in 1935. This was followed by a six-cylinder model, dubbed the Six in 1937 and later called the One-Ten. These two Junior models quickly became Packard's best-sellers and accounted for over 92 percent of production for 1940. Among the 98,000 examples produced, just 1,761 were One-Twenty convertible coupes.

For 1940, the Packard eighteenth series received the traditional Packard grille flanked by two vertical side grilles, while sealed beam headlights were fitted directly on the fenders with parking lights mounted on the fender crowns. The cylinder heads were redesigned for better intake gas flow, the hood length was increased to allow for easier mounting of side-mount spares when ordered, and the options list was longer than ever. Packard also became the first manufacturer to offer air conditioning.

This example features the optional 'Glass Wing Deluxe Emblem,' known by some as the 'Goddess of Speed' hood ornament. This vehicle also has fog lights and sleek rear wheel fender skirts. It has an older restoration and was sold new in Beverly Hills, California but has most recently been part of a collection in Tennessee. It is finished in maroon with a tan Haartz top and dark maroon leather interior. The eight-cylinder engine displaces 282 cubic inches and offers 120 horsepower. There is a three-speed synchromesh manual transmission and four-wheel hydraulic brakes.

In 2012, the car was offered for sale at the St. Johns sale presented by RM Auctions. It was estimated to sell for $70,000 - $100,000. Bidding reached $47,500 but was not enough to satisfy the vehicle's reserve. It would leave the auction unsold.

By Daniel Vaughan | Oct 2012

2012 Mecum - Anaheim, CA

Sale Price :
USD $55,000

2012 RM Auctions - St. Johns, Michigan

Pre-Auction Estimates :
USD $70,000-USD $100,000 
High Bid (Lot was not sold)
USD $47,500

1940 Packard One-Twenty Auction Sales

Recent Sales of the Packard One-Twenty

(Data based on Model Year 1940 sales)
1940 Packard 120 Convertible
Chassis#: 13992314
Sold for USD$15,400
  2023 Mecum : Dallas
 
1940 Packard 120 Street Rod
Chassis#: 139218183
Sold for USD$73,920
  2022 Worldwide Auctioneers : The Auburn Auction
 
1940 PACKARD 120 CONVERTIBLE
Chassis#: CE31589C
Sold for USD$93,500
  2022 Barrett-Jackson : Scottsdale, Arizona
 
1940 Packard One-Twenty Convertible Coupe
Sold for USD$3,300
  2019 RM Auctions : Auburn Fall
 
1940 Packard One-Twenty Convertible Coupe
Sold for USD$3,300
  2019 Auburn Spring : RM Auctions
 
1940 Packard 120
Sold for USD$18,000
  2018 Leake - Dallas Fall 2018
 
1940 Packard 120 Touring
Sold for USD$10,000
  2018 Leake - Tulsa
 
1940 Packard Eight Business Coupe
Sold for USD$35,000
  2017 Auctions America : Fort Lauderdale
 
1940 Packard 120
Sold for USD$22,500
  2017 Silver Auction - Arizona in January 2017
 
1940 Packard One-Twenty Club Coupe
Sold for USD$28,600
  2016 Auctions America : Auburn Fall
 
1940 Packard 'One-Twenty' Eight Coupé
Chassis#: B314772
Sold for USD$25,713
  2015 Bonhams : The Beaulieu Sale
 
1940 PACKARD 120 4 DOOR SEDAN
Chassis#: 13926343
Sold for USD$21,450
  2015 Barrett-Jackson - Scottsdale
 
1940 Packard One-Twenty Sedan
Sold for USD$12,100
  2014 Worldwide Auctions - Auburn
 
1940 Packard One-Twenty Touring Sedan
Sold for USD$33,550
  2014 Auctions America - Auburn Fall
 
1940 Packard One-Twenty Convertible Coupe
Sold for USD$40,700
  2014 Auctions America - Auburn Fall
 
1940 Packard One-Twenty Sedan
Chassis#: 139215539
Sold for USD$12,100
  2014 The 7th Annual Auburn Auction
 
1940 Packard 120 Convertible Sedan
Chassis#: 1397-2180
Sold for USD$63,250
  2014 RM Auctions - Automobiles of Arizona
1940 Packard One-Twenty image  1940 Packard One-Twenty image  
1940 Packard 120 Woody Station Wagon
Sold for USD$180,000
  2013 Mecum Auctions - Monterey
 
1940 Packard 120 Convertible
Sold for USD$62,000
  2012 Mecum Auctions - Kansas City MO
 
1940 Packard 120 Convertible
Chassis#: 13992845
Sold for USD$55,000
  2012 Mecum - Anaheim, CA
1940 Packard One-Twenty image  1940 Packard One-Twenty image  

Packard One-Twentys That Failed To Sell At Auction

1940 Packard One-Twenty's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1940 Packard 120 Convertible139927092023 Mecum : Monterey$80,000$90,000$110,000
1940 Packard 120 Convertible 2021 Mecum : Glendale$100,000  
1940 Packard 120 2019 Mecum Portland$17,000  
1940 Packard One Twenty Convertible Victoria by Darrin1801 -20222017 RM Sotheby's : Arizona Auction $425,000$500,000
1940 Packard120 2016 Silver Auction Arizona in March$26,500  
1940 Packard 120AZ1397882015 Mecum : Monterey$40,000  
1940 Packard 120 2013 Silver Auction Arizona in the Fall$25,000  
1940 Packard 120 Convertible 282 CI, 3-Speed 2012 Mecum Dallas, TX   
1940 Packard 120 Convertible Coupe 2012 Auctions America Auburn Fall$55,000  
1940 Packard One-Twenty Convertible Coupe139928452012 RM Auctions St. Johns, Michigan$47,500$70,000$100,000
1940 Packard 120 Convertible Coupe 2012 Auctions America Auburn Spring$53,000  
1940 Packard 120 2012 Silver Auction Fort McDowell, Arizona   
1940 Packard 120 Convertible CoupeC321510D2010 Worldwide Auctions The Auburn Auction   
1940 Packard 120 Convertible Coupe 2008 Hilton Head Sports & Classic Car Auction $80,000$100,000
1940 Packard 120 Convertible Coupe 2007 Vintage Motor Car Auction at Meadow Brook Hall$60,000$80,000$110,000
1940 Packard 120 4 DR Sedan 2002 Michigan Fall Classic Car Auction The Kughn Collection$9,500  
1940 PACKARD 120 CONVERTIBLE 2001 Kruse Auction Ft. Lauderdale, FL$51,000  

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1940 Packard One-Twenty

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1940 Packard One-Twenty Vehicle Profiles