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1931 Cord L-29 background image

1931 Cord L-29 Phaeton Sedan

  • Chassis Number: 2930071
  • Engine Number: FF 4998
  • Body Number: G 1264
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.

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 image  1931 Cord L-29 image  
1931 Cord L-29 Cabriolet
Chassis#: 2927175
Sold for USD$229,600
  2023 Broad Arrow : Monterey Jet Center
1931 Cord L-29 image  1931 Cord L-29 image  
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 image  1931 Cord L-29 image  
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
1931 Cord L-29 image  
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 image  1931 Cord L-29 image  
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 image  1931 Cord L-29 image  
1931 Cord L-29 Cabriolet
Chassis#: 2929758
Sold for USD$407,000
  2013 RM Auctions - Amelia Island
1931 Cord L-29 image  1931 Cord L-29 image  
1931 Cord L-29
Chassis#: 2929245
Sold for USD$280,000
  2013 Bonhams - The Scottsdale Auction
1931 Cord L-29 image  

Cord L-29s That Failed To Sell At Auction

1931 Cord L-29's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1931 Cord L-29 Cabriolet41172019 RM Sothebys : Amelia Island $300,000$350,000
1931 Cord L-29 CabrioletFDA42012018 Worldwide Auctioneers : Scottsdale $325,000$375,000

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1931 Cord L-29

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