Image credit: © conceptcarz.com (Reproduction Or reuse prohibited).

1931 Cord L-29 background image

1931 Cord L-29 Cabriolet

1931 Cord L-29 Navigation
There is no disputing the fact that the Cord front-wheel-drive automobiles of the 1920s are a true engineering and styling marvel. The powerful straight-eight engine provides 125 horsepower, allowing performance that rivals its impressive styling.

The L-29 is credited as being the first American front-wheel drive car to be offered to the public, beating the Ruxton automobile to the market by several months in 1929. The brainchild of former Miller engineer Carl Van Ranst, the design of the drive system was borrowed from Indianapolis 500 dominating racers, using the same de Dion layout and inboard brakes. This allowed it to be considerably lower than other cars. The L-29 features full instrumentation, including a temperature gauge, oil pressure gauge, and speedometer on the left, with a gas gauge, oil level gauge, and Ammeter on the right of the steering wheel. A number of ahead-of-its-time features are also found on this Cord. Among them are the inboard mounted brakes and central internal chassis lubrication, uncommon among luxury automobiles of the era.

This L-29 Cabriolet was found in a garage in Key West, Florida in the mid-1970s. The current owner's brother had started a full restoration but was unable to complete it. The current owner then took on the task, commissioning the final restoration which was completed in 2010. Finished in Brilliant Blue with gleaming chrome wheels, this is an outstanding example of one of the classic era's sleekest and most desirable Cabriolets.
This front-wheel-drive Cord L-29 was built in February of 1931 and equipped with the more powerful 'FF' engine, a larger 322 cubic-inch unit introduced late in L-29 production. The current caretaker acquired the car from the estate of his brother, who had purchased it in Key West, Florida, in the mid-1980s. The car was a sold and rust-free example in need of a restoration.

The car was soon sold to Ken Clark of Ken's Classics in Pittsfield, Maine. The car was given a restoration and then received its ACD Club Certification as a Category 1 Original Car. It has been shown extensively with the Club, eventually achieving Senior Emeritus honors and the Alan Leamy Award for Best L-29 at the National Reunion in 2014. It's also a Senior car in the AACA and CCCA. The car is a Lion Award winner at the Concours d'Elegance of America at St. John's. Other show appearances include the Pinehurst Concours d'Elegance and the CCCA Museum Experience.

By Daniel Vaughan | Jul 2019

2019 RM Sothebys : Amelia Island

Pre-Auction Estimates :
USD $300,000-USD $350,000 
Lot was not sold

2018 Worldwide Auctioneers : Scottsdale

Pre-Auction Estimates :
USD $325,000-USD $375,000 
Lot was not sold

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

Vehicles With Comparable Market Values

Similar sales to the $221,857 range.
1990 Ferrari Testarossa
Chassis#:ZFFAA17C000083481
Sold for $223,536
2024 RM Sothebys : London
1960 Chrysler 300-F Convertible
Chassis#:8403111063
Sold for $224,000
2024 Broad Arrow Auctions : Chattanooga Auction
1967 CHEVROLET CORVETTE 427/435
Chassis#:194377S117365
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
2015 MERCEDES-BENZ SLS AMG GT FINAL EDITION ROADSTER
Chassis#:WDDRK7JA0FA011266
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
1978 BATMOBILE RE-CREATION
Chassis#:8Y81S915190
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
2024 CHEVROLET CAMARO ZL1 COLLECTORS EDITION
Chassis#:1G1FJ1R69R0106179
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
1967 FORD MUSTANG GT500E
Chassis#:AZ395944
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
2017 DODGE VIPER GTC
Chassis#:1C3BDEDZ3HV500546
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
1967 FORD MUSTANG ELEANOR TRIBUTE EDITION
Chassis#:7T02C195708
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
1949 DODGE POWER WAGON CUSTOM PICKUP
Chassis#:83912143
Sold for $220,000
2024 Barrett-Jackson : Scottsdale Fall
1968 Ford Mustang Fastback
Chassis#:8r01t150697
Sold for $220,000
2024 Mecum : Dallas
1970 Plymouth Superbird
Chassis#:rm23v0a174606
Sold for $220,000
2024 Mecum : Dallas
1963 Chevrolet Corvette Split Window Coupe
Chassis#:30837s111174
Sold for $220,000
2024 Mecum : Dallas
1965 Ford Mustang Convertible
Chassis#:5F08D143605
Sold for $224,000
2024 Bonhams : The Quail Auction
1969 Chevrolet Camaro RS Z28
Chassis#:124379l520179
Sold for $220,000
2024 Mecum : Monterey
1958 Porsche 356 A 1600 Speedster by Reutter
Chassis#:84333
Sold for $224,000
2024 RM Sothebys : Monterey
1995 Mercedes-Benz E 60 AMG Limited
Chassis#:WDB1240361C200075
Sold for $224,000
2024 Broad Arrow : Monterey
1948 Delahaye 135M Coupe
Chassis#:800726
Sold for $224,000
2024 Gooding & Company : Pebble Beach
1931 Cord L-29 vehicle thumbnail image  1931 Cord L-29 vehicle thumbnail image  
2022 Porsche 911 GT3 Touring
Chassis#:WP0AC2A95NS269904
Sold for $224,000
2024 Gooding & Company : Pebble Beach
1962 Mercedes-Benz 190 SL
Chassis#:121.042.10.023758
Sold for $224,000
2024 Gooding & Company : Pebble Beach

1931 Cord L-29

Additional valuation insight and sales data
History
Specifications
Image gallery
Other Cord L-29 model years

1931 Cord L-29 Vehicle Profiles

Vehicle information, history, and specifications from concept to production.