The Great Depression wreaked havoc on luxury car manufacturers. Packard, which had sold more than 50,000 cars in 1928, found itself selling 25,000 two years later. By 1932, sales were barely 8,000 units.
This car was delivered new in Philadelphia in January 1933 for $2,890. It was the second Phaeton produced and was in Philadelphia until the 1990s. It was eventually sold to a new owner in Massachusetts, who started a partial restoration. The car was damaged in 2004; it fell out of gear and rolled into a 12-foot-deep pond. The car was recovered after a 12-hour submersion. The current owner took possession seven days later. A full restoration was completed in 2008 by Fayette Enterprises in Perryopolis, Pennsylvania. | |
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