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1931 Cord L-29 Navigation
The Cord L29 was the first production automobile with front-wheel drive. All models, open and closed, were built on a 137.5-inch wheelbase. The Lycoming straight-engine produced 125 horsepower.
Because of the front-wheel drive feature, the L29 Cord was much lower and sleeker than most cars of the day. It lasted from 1930 to 1932, producing 5,010 cars of all body styles.
This 1931 L-29 Phaeton Sedan (Convertible 5-passenger Sedan) has a known history since the 1950s, was restored in the 1960s, and was a CCCA winner in the late 1960s. It was later owned by Tom Lester's wife, Shirley, and then resided in Bobby Crump's Museum in New Orleans until the 1990s when the current owners purchased it. The car rides on a 137.5-inch wheelbase and weighs 4,500 pounds. It is powered by a 298.6 cubic-inch, in-line, 8-cylinder engine developing 125 horsepower. It was the most expensive Cord in 1931 and sold new for $3,295.
The car has just completed extensive 'refreshing.' The A.C.D. Club has certified this car as an authentic Cord and one of only 17 of this body style left in the U.S. as of March 31, 1993. It is the 4,771st L-29 built. It is a late 1931 production model and is equipped with the 'FF' engine, which was a bored-out 322 cubic-inch unit that was stronger than the earlier version, reportedly produced more horsepower, and came with a more efficient exhaust manifold.
Because of the front-wheel drive feature, the L29 Cord was much lower and sleeker than most cars of the day. It lasted from 1930 to 1932, producing 5,010 cars of all body styles.
This 1931 L-29 Phaeton Sedan (Convertible 5-passenger Sedan) has a known history since the 1950s, was restored in the 1960s, and was a CCCA winner in the late 1960s. It was later owned by Tom Lester's wife, Shirley, and then resided in Bobby Crump's Museum in New Orleans until the 1990s when the current owners purchased it. The car rides on a 137.5-inch wheelbase and weighs 4,500 pounds. It is powered by a 298.6 cubic-inch, in-line, 8-cylinder engine developing 125 horsepower. It was the most expensive Cord in 1931 and sold new for $3,295.
The car has just completed extensive 'refreshing.' The A.C.D. Club has certified this car as an authentic Cord and one of only 17 of this body style left in the U.S. as of March 31, 1993. It is the 4,771st L-29 built. It is a late 1931 production model and is equipped with the 'FF' engine, which was a bored-out 322 cubic-inch unit that was stronger than the earlier version, reportedly produced more horsepower, and came with a more efficient exhaust manifold.
2015 RM Sotheby's : Amelia Island
Pre-Auction Estimates :
USD $150,000-USD $200,000
Sale Price :
USD $156,750
1931 Cord L-29 Auction Sales
Recent Sales of the Cord L-29
(Data based on Model Year 1931 sales)
| 1931 Cord L-29 Brougham Chassis#: 2929340 Sold for USD$71,500 2024 RM Sothebys : Hershey | |
| 1931 Cord L-29 Cabriolet Chassis#: 2929758 Sold for USD$280,000 2023 RM Sothebys : Monterey | |
| 1931 Cord L-29 Cabriolet Chassis#: 2927175 Sold for USD$229,600 2023 Broad Arrow : Monterey Jet Center | |
| 1931 Cord L-29 Convertible Sedan Chassis#: FD3954 Sold for USD$131,600 2022 Worldwide Auctioneers : Scottsdale Arizona | |
| 1931 CORD L29 CABRIOLET Chassis#: 2929884 Sold for USD$275,000 2022 Barrett-Jackson : Scottsdale, Arizona | |
| 1931 Cord L-29 Brougham Chassis#: 2928803 Sold for USD$89,100 2020 RM Sothebys : The Mitosinka Collection | |
| 1931 Cord L-29 Cabriolet Chassis#: 2928916 Sold for USD$242,000 2019 Worldwide Auctioneers : Scottsdale, Arizona | |
| 1931 Cord L-29 Brougham Chassis#: 29929177 Sold for USD$44,000 2018 RM Auctions : Auburn Fall | |
| 1931 Cord L-29 Cabriolet Chassis#: 2231 Sold for USD$224,000 2018 RM Sothebys : Monterey | |
| 1931 Cord L-29 Cabriolet Chassis#: 2928916 Sold for USD$210,000 2018 RM Sothebys : Auburn Spring | |
| 1931 Cord L-29 Cabriolet Chassis#: 3916 Sold for USD$187,000 2017 RM Auctions : Amelia Island | |
| 1932 Cord L-29 Cabriolet Chassis#: 4987 Sold for USD$236,500 2017 RM Sotheby's : Arizona Auction | |
| 1931 Cord L-29 Cabriolet Chassis#: 2929506 Sold for USD$180,000 2015 WorldWide Auctions - Houston Classic Auction | |
| 1931 Cord L-29 Convertible Phaeton Sedan Chassis#: 2930071 Sold for USD$156,750 2015 RM Sotheby's : Amelia Island | |
| 1931 Cord L-29 Convertible Sedan Sold for USD$258,500 2014 Worldwide Auctions - Auburn | |
| 1931 Cord L-29 Convertible Sedan Chassis#: 2928812 Sold for USD$258,500 2014 The 7th Annual Auburn Auction | |
| 1931 Cord L-29 Cabriolet Chassis#: 2929244 Sold for USD$246,488 2013 RM Auction - London | |
| 1931 Cord L-29 Cabriolet Chassis#: 2929040 Sold for USD$231,000 2013 RM Auctions - St John's | |
| 1931 Cord L-29 Cabriolet Chassis#: 2929758 Sold for USD$407,000 2013 RM Auctions - Amelia Island | |
| 1931 Cord L-29 Chassis#: 2929245 Sold for USD$280,000 2013 Bonhams - The Scottsdale Auction | |
Cord L-29s That Failed To Sell At Auction
1931 Cord L-29's that have appeared at auction but did not sell.
| Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
|---|---|---|---|---|---|
| 1931 Cord L29 Phaeton | fda2308 | 2025 Mecum : Indy | $130,000 | $180,000 | $220,000 |
| 1931 Cord L-29 Cabriolet | 4117 | 2019 RM Sothebys : Amelia Island | $300,000 | $350,000 | |
| 1931 Cord L-29 Cabriolet | FDA4201 | 2018 Worldwide Auctioneers : Scottsdale | $325,000 | $375,000 |
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1931 Cord L-29
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