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1939 Packard 1708 Twelve

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Touring Sedan
Chassis Num: 1253-2006
Engine Num: B602138
 
High bid of $375,000 at 2008 RM Auctions. (did not sell)
Packard's twin-six engine was ready for the 1932 model year and was a completely new engine. It was positioned at a 67-degree vee and had a displacement of 445 cubic-inches which meant it was 20 more than the old engine. Even with this small amount of increase, the horsepower rose by 75 percent. For 1933, the model name was changed to the 'Packard Twelve'. Two years later, the displacement rose to 473.3 cubic-inches and now produced 175 horsepower. The 1937 Packard Twelve's were fitted with coil springs in the front, vacuum-assisted clutch, and hydraulic brakes.

This particular car was built for Lazaro Cardenas Del Rio, who was the president of Mexico from 1934 through 1940. It was a gift from Cardena's close friend Ofario, a businessman and Packard representative.

The presidential position meant this car was given extra protection such as bulletproof glass and retractable side and rear windscreens when the top was up or down.

This car has been restored many years ago and is still in good condition. It is painted in black lacquer, with interior of tan leather and a tan Haartz cloth top. It was purchased in 2000 by a California collector and has been well maintained since that time. It was on display at the Petersen Automotive Museum in Los Angeles as part of their exhibition of 'Presidents, Popes and Potentates: Cars of Heads of State.'

In 2008, this vehicle was offered for sale at the 'Sports & Classics of Monterey' presented by RM Auctions where it had an estimated value of $500,000 - $900,000. It was sold for a high bid of $375,000 including buyer's premium.

By Daniel Vaughan | Jan 2009

Auction Sales Information
AuctionSports & Classics of Monterey by RM Auctions
Estimated Value:$500,000-$900,000 
High Bid (Lot was not sold)$375,000

EventGroup 
Sports & Classics of Monterey by RM Auctions1936-1949