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For 1937 the Packard Twelve received several engineering improvements. Most notable were the new Packard Safe-T-Flex independent front suspension and more modern power-assisted hydraulic brakes. The coupe sits on a 139-inch wheelbase and weighs in at a significant 5,255 pounds. The price at the factory was $3,420. Packard Twelves enjoyed its biggest sales year in 1937 with a significant 1,300 units delivered as some relief from the effects of the Depression was being felt. The remarkable hood length of the Packard Twelve is readily apparent when contrasted with the compact passenger cabin.
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1937 Packard 1507 Twelve Auction Sales
Recent Sales of the Packard 1507 Twelve
(Data based on Model Year 1937 sales)
| 1937 Packard Twelve Convertible Victoria Sold for USD$126,500 2023 RM Sothebys : Hershey |   |
| 1937 PACKARD TWELVE 1507 CONVERTIBLE COUPE Chassis#: 1039-266 Sold for USD$140,000 2023 Gooding & Company : Pebble Beach |   |
| 1937 Packard Twelve 1507 Formal Sedan Chassis#: 905935 Sold for USD$134,400 2022 Worldwide Auctioneers : The Auburn Auction | |
| 1937 Packard Twelve 1507 Coupe Roadster Chassis#: 280514 Sold for USD$280,000 2022 Worldwide Auctioneers : Scottsdale Arizona |   |
| 1937 PACKARD 1507 TWELVE CONVERTIBLE VICTORIA Chassis#: 906571 Sold for USD$173,600 2021 Bonhams : Amelia Island Auction |   |
| 1937 Packard Twelve Coupe Roadster Chassis#: 1039-212 Sold for USD$224,000 2021 RM Sothebys : Amelia Island Auction |   |
| 1937 Packard Twelve Seven-Passenger Touring Sedan Chassis#: 1034-239 Sold for USD$43,680 2019 RM Sothebys : The Guyton Collection | |
| 1937 Packard Twelve Coupe Roadster Sold for USD$261,250 2017 Auctions America : Auburn Fall | |
| 1937 Packard 1507 Twelve Coupe Roadster Chassis#: 906694 Sold for USD$467,500 2017 Worldwide Auctioneers : The Pacific Grove Auction |   |
| 1937 Packard 1507 RestoMod Coupe Chassis#: 1038211 Sold for USD$118,800 2017 Worldwide Auctioneers: Texas Classic Auction | |
| 1937 Packard Twelve 1507 Coupe Roadster Chassis#: 1039-228 Sold for USD$297,000 2017 Gooding & Co. : Scottsdale, AZ | |
| 1937 Packard Twelve 1507 Convertible Victoria Chassis#: 905736A Sold for USD$247,500 2017 Worldwide Auctioneers : Scottsdale, AZ | |
| 1937 Packard Twelve Club Sedan Sold for USD$69,300 2016 Auctions America : Auburn Fall | |
| 1937 Packard Twelve Coupe Sold for USD$49,500 2016 Auctions America : Fort Lauderdale | |
| 1937 Packard Twelve Convertible Sedan Sold for USD$206,800 2016 Auctions America : Fort Lauderdale | |
| 1937 Packard Twelve Coupe Sold for USD$53,900 2015 Auctions America - California | |
| 1937 Packard Twelve Limousine Sold for USD$50,000 2015 Mecum - Rogers'Classic Car Museum 2015 | |
| 1937 Packard Twelve Coupe Roadster Sold for USD$319,000 2015 RM Auctions - Automobiles of Arizona |   |
| 1937 Packard Twelve Victoria Convertible Sold for USD$150,000 2014 Mecum : Seattle | |
| 1937 Packard Twelve All-Weather Cabriolet Sold for USD$80,300 2013 Worldwide Auctions - The Burt Collection |
Packard 1507 Twelves That Failed To Sell At Auction
1937 Packard 1507 Twelve's that have appeared at auction but did not sell.
| Vehicle | Chassis | Event | High Bid | Est. Low | Est. High |
|---|---|---|---|---|---|
| 1937 Packard Twelve Coupe Roadster | 1039-259 | 2024 RM Sothebys : ModaMiami | $300,000 | $350,000 | |
| 1937 Packard Twelve 1507 2/4 Passenger Coupe | 1038214 | 2024 Bonhams : Amelia Island Auction | $180,000 | $200,000 | |
| 1937 Packard Twelve 2/4-Passenger Coupe | 1038 214 | 2023 RM Sothebys : Hershey | $160,000 | $180,000 | |
| 1937 Packard Twelve Model 1507 Coupe | 1038214 | 2023 Worldwide Auctioneers : The Enthusiast Auction | |||
| 1937 Packard Twelve Model 1507 Coupe | 1038-230 | 2023 Worldwide Auctioneers : The Enthusiast Auction | |||
| 1937 Packard Custom Twelve Series 1507 | 2023 Mecum : Glendale | $70,000 | |||
| 1937 Packard Twelve torpédo double phaéton style LeBaron | 1035-288 | 2017 Artcurial : Retromobile | $500,000 | $700,000 | |
| 1937 Packard Twelve Convertible Victoria | 906595 | 2012 RMAutomobiles of Arizona | $150,000 | $160,000 | $190,000 |
| 1937 Packard Twelve Coupe Roadster | 906287 | 2011 RM Auctions Concours d'Elegance at St. Johns | $220,000 | $250,000 | $300,000 |
| 1937 PACKARD 15ème SERIE V12 CONVERTIBLE VICTORIA | 2011 Automobiles sur les Champs 2 |
Vehicles With Comparable Market Values
Similar sales to the $173,820 range.
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| 1963 Mercedes-Benz 220 SEb Cabriolet Chassis#:111.023.10.026971 Sold for $175,182 2024 Bonhams : Goodwood Revival | |
| 1967 Chevrolet Corvette L79 327/350 Roadster Chassis#:194677S105677 Sold for $173,600 2024 Worldwide Auctioneers : Auburn Auction | |
| 1937 Packard Twelve 1508 Convertible Sedan Chassis#:1073229 Sold for $173,600 2024 Worldwide Auctioneers : Auburn Auction | |
| 1989 Aston Martin V8 Vantage Volante Chassis#:SCFCV81V4KTL15829 Sold for $173,600 2024 RM Sothebys : Monterey | |
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| 1963 Bentley S3 Continental H.J. Mulliner Flying Spur Saloon Chassis#:BC72LXA Sold for $173,600 2024 Broad Arrow Auctions : Amelia |   |
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1937 Packard 1507 Twelve
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