1931 Cord L-29 / 3916 Chassis Information

1931 Cord L-29
Cabriolet
Coachwork: Limousine Body Mfg. Co.
Chassis Num: 3916
Engine Num: FD 4023
Sold for $187,000 at 2017 RM Sothebys.
The Cord L-29 was the first major American production car with front-wheel drive. Due to its lack of having a driveshaft tunnel allowed for the bodies to be mounted low on the frame, resulting in a vehicle that was no taller than a person of average height. On the inside, they had flat floors, allowing for spacious and comfortable seating. Unfortunately, the L-29 was born at the worst possible moment, and was offered to market to just as the Great Depression's crushing weight came down on the automobile industry. As a result, production of the car faded away into the history books in late 1931.

This particular example is a cabriolet that has a history that can be traced back to 1946, when it was purchased for $750 by a Mr. Huffey of Cincinnati, Ohio. After several intervening short-term owners, it was purchased in 1953 by Jerry Fisher of Piqua, Ohio, largely complete, less its top and several small items. Hubert Wood of South Charleston, Ohio, performed an amateur restoration in 1969. It was purchased in 1980 by a new owner who proceeded to drive it to his private museum in the American West, where it remained until 2013. It is currently in European ownership and has been comprehensively restored by Packard and Classic Cars of Bremen, Germany. The car was completely disassembled, with the frame sandblasted and powder-coated, springs and axles disassembled, sandblasted, and painted. A full engine rebuild included new Babbit bearings, pistons, rings, and shell bearings, a new camshaft, the crankshaft polished and balanced, and the block bored and honed and heads planed. The cooling system, water pump, generator, and starter were rebuilt, with a new radiator. The transmission was checked and cleaned, and new clutch and pressure plate installed. Front ball joints were custom-made and hardened to original specifications.

This car has its original chassis, engine, and cabriolet body. It has its unrestored original luggage rack and its original serial numbers and body tags.
By Daniel Vaughan | May 2017

Chassis# 3916

2017 RM Auctions : Amelia Island
Pre-Auction Estimates :$220,000-$260,000 
Sale Price : $187,000

Analysis

Chassis number 3916 Auction Sales History
2017$187,000

2017 2
2015 2
2014 2
2013 4
2012 4
2011 1
2010 1
2008 1
2007 2
2005 1

YearAvg. SaleHigh Sale# of Sales
2017$211,750$236,5002
2015$168,375$180,0002
2014$258,500$258,5002
2013$291,122$407,0004
2012$305,075$368,5004
2011$63,180$63,1801
2010$203,500$203,5001
2008$154,000$154,0001
2007$324,500$418,0002
2005$236,500$236,5001

Recent Sales

(Data based on Model Year 1931 sales)
1931 Cord L-29 Cabriolet
Chassis#: 3916
Sold for $187,000
  2017 RM Auctions : Amelia Island
  
1932 Cord L-29 Cabriolet
Chassis#: 4987
Sold for $236,500
  2017 RM Sotheby's : Arizona Auction
 
1931 Cord L-29 Cabriolet
Chassis#: 2929506
Sold for $180,000
  2015 WorldWide Auctions - Houston Classic Auction
 
1931 Cord L-29 Convertible Phaeton Sedan
Chassis#: 2930071
Sold for $156,750
  2015 RM Sotheby's : Amelia Island
    
1931 Cord L-29 Convertible Sedan
Sold for $258,500
  2014 Worldwide Auctions - Auburn
 
1931 Cord L-29 Convertible Sedan
Chassis#: 2928812
Sold for $258,500
  2014 The 7th Annual Auburn Auction
 
1931 Cord L-29 Cabriolet
Chassis#: 2929244
Sold for $246,488
  2013 RM Auction - London
 
1931 Cord L-29 Cabriolet
Chassis#: 2929040
Sold for $231,000
  2013 RM Auctions - St John's
    
1931 Cord L-29 Cabriolet
Chassis#: 2929758
Sold for $407,000
  2013 RM Auctions - Amelia Island
 
1931 Cord L-29
Chassis#: 2929245
Sold for $280,000
  2013 Bonhams - The Scottsdale Auction
  
1931 Cord L-29 La Grande Boattail Speedster Recreation
Chassis#: 2927156
Sold for $368,500
  2012 RM Auctions - St. Johns, Michigan
    
1931 Cord L29 Cabriolet
Sold for $220,000
  2012 Worldwide Auctions - The Houston Classic Auction
 
1931 Cord L-29 Cabriolet
Chassis#: 2930061
Sold for $341,000
  2012 RM Auctions at Amelia Island, Fla
    
1931 Cord L-29 LaGrande Speedster
Chassis#: 2927156
Sold for $290,800
  2012 Bonhams - The Scottsdale Sale, Az
    
1931 Cord L-29 Brougham
Chassis#: 2929340
Sold for $63,180
  2011 Bonhams - Greenwich Concours d'Elegance: Collectors' Motorcars and Automobilia
 
1931 Cord L-29 Cabriolet
Chassis#: 2929157
Sold for $203,500
  2010 RM Auctions - Vintage Motor Cars of Meadow Brook
    
1931 Cord L-29 Cabriolet
Chassis#: 2927940
Sold for $154,000
  2008 RM Auctions - Automobiles of Arizona
 
1931 Cord L-29 Cabriolet
Chassis#: 2927175
Sold for $231,000
  2007 RM Auctions - The McMullen Collection
 
1931 Cord L-29 Front Drive LaGrande Speedster
Chassis#: FD2687
Sold for $418,000
  2007 Vintage Motor Cars in Arizona
    
1931 Cord L-29 Phaeton Sedan
Chassis#: 2927115
Sold for $236,500
  2005 Vintage Motor Cars at Meadow Brook Hall
 

No Sale

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

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