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The Packard One-Twenty was given its name due to the size of its wheelbase (120 inches). It was powered by an eight-cylinder engine capable of producing 110 horsepower. This, along with the 110 series became known as the 'Junior' model line, and during the Great Depression years, they became the company's 'bread-and-butter.'
The Packard 120 models were offered in a wide range of body styles, an independent suspension, and hydraulic brakes.
This 1940 Packard 120 Convertible Coupe has less than 36,000 original miles. It has been given a recent professional restoration and there is a new tan convertible top.
In 2008 it was offered for sale at the Hilton Head Sports & Classic Car Auction presented by Worldwide Auctioneers. It was estimated to sell for $80,000 - $100,000. Bidding failed to satisfy the reserve and the lot was left unsold.By Daniel Vaughan | Nov 2008
The Packard 120 models were offered in a wide range of body styles, an independent suspension, and hydraulic brakes.
This 1940 Packard 120 Convertible Coupe has less than 36,000 original miles. It has been given a recent professional restoration and there is a new tan convertible top.
In 2008 it was offered for sale at the Hilton Head Sports & Classic Car Auction presented by Worldwide Auctioneers. It was estimated to sell for $80,000 - $100,000. Bidding failed to satisfy the reserve and the lot was left unsold.By Daniel Vaughan | Nov 2008
2012 RM Auctions - St. Johns, Michigan
Pre-Auction Estimates :
USD $60,000-USD $80,000
Sale Price :
USD $55,000
2008 Hilton Head Sports & Classic Car Auction
Pre-Auction Estimates :
USD $80,000-USD $100,000
Lot was not sold
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 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 |   |
Packard One-Twentys That Failed To Sell At Auction
1940 Packard One-Twenty's that have appeared at auction but did not sell.
| Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
|---|---|---|---|---|---|
| 1940 Packard 120 Convertible | 13992709 | 2023 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 Darrin | 1801 -2022 | 2017 RM Sotheby's : Arizona Auction | $425,000 | $500,000 | |
| 1940 Packard120 | 2016 Silver Auction Arizona in March | $26,500 | |||
| 1940 Packard 120 | AZ139788 | 2015 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 Coupe | 13992845 | 2012 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 Coupe | C321510D | 2010 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 |
Vehicles With Comparable Market Values
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| 1964 Chevrolet Corvette Convertible Chassis#:40867s104723 Sold for $59,400 2024 Mecum : Houston | |
| 1971 Toyota F-J40 Land Cruiser Chassis#:fj40108638 Sold for $59,400 2024 Mecum : Houston | |
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| Functional Ferrari Engine Dynamometer Sold for $60,000 2024 RM Sothebys : ModaMiami | |
| 1937 Buick Series 66C Century Convertible Body by Fisher Sold for $59,360 2024 Bonhams : Amelia Island Auction | |
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1940 Packard One-Twenty
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