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1931 Packard Model 840 DeLuxe Eight Dual Cowl Sport Phaeton

  • Chassis Number: 49197
The Packard Company built a tradition and reputation for style, durability, quality, and reliability. The eight-cylinder engine was very refined for the 1930 era. It was smooth, quiet, and capable of carrying the vehicles at a respectable pace. The owners of a Packard were instantly recognized as higher class individuals as the vehicles personified success in every dimension.

The Eight Series Packards were introduced in 1930 during a rough time in American history with the stock market crisis in full force. The world's economy was in question and during this time many businesses went into bankruptcy.

Though it was customary at the time, Packard made the decision to bring all body building in-house, rather than outsourcing the work. This was done to eliminate the lucrative custom coach-building commissions. To increase its position in the market, the company lowered its prices considerably. The prices dropped and continued to drop over time. Sadly, this did little to boost sales.

Finding Eight-Series Packard with custom coach bodies is very rare. The example shown has coachwork by the Waterhouse firm. Charles Waterhouse and his son created the Waterhouse Company in 1928. Located in Webster, Massachusetts, the firm had created a Convertible Victoria body for Packard in 1928 which was later shown at the Paris Motor Show. The vehicle was well received and the tight deadline that was given to Waterhouse was completed on time and done to perfection. The build quality was high and the style was astonishing. George Weaver was responsible for the design. The top was very impressive and could be folder almost flat with the low window sills.

This 1931 Packard Deluxe Eight Dual Cowl Sport Phaeton was offered for sale at the Vintage Motor Cars sale at Hershey, PA presented by RM Auctions. It was estimated to sell for $175,000 - $235,000. It sold for just under the estimated value of $170,000 including the buyer's premium.

It is powered by a 384.8 cubic-inch L-head eight-cylinder engine that produces 120 horsepower. There is a four-speed manual transmission and four-wheel mechanical drum brakes. The styling of the Eight Series had a strong resemblance to that of the Seven Series, though there were a number of significant changes. The transmission was redesigned for quicker, smoother shifts from third to high. The Bijur lubrication system was now automatic. Several changes were made to the shocks and springs. The radiator shutter thermostat and linkage were changed, allowing for the assembly of the thermostat from the rear of the rad, and a fuel pump was specified for all models. The most dramatic styling change over the Seven Series was the front and rear fenders, which were given a one-inch deeper skirt. On the interior, the dash featured thinner steering wheels and wide chrome instrument bezels.

This vehicle was owned by the same family since 1948. It was originally purchased in Cumberland, Pennsylvania, and spent most of its days in Salisbury, Pennsylvania. It is believed that this was one of the last, if not the last, 1931 Sport Phaeton constructed and, as such, was fitted with many 1932 appointments.

This car includes a Saddle Tan leather interior and dual cowl windscreen. It is a Junior National First Prize recipient, awarded in 1992 at the AACA National Spring Meet in Newark, Delaware. It has been treated to a restoration since new and was driven less than five hundred miles since that time.

In 2009, this Packard Deluxe Eight Dual Cowl Phaeton was offered for sale at the Automobiles of Arizona auction presented by RM Auctions. The lot was estimated to sell for $250,000 - $300,000. As bidding came to a close, the lot failed to sell after reaching a high bid of $160,000.

By Daniel Vaughan | Oct 2011

2009 Automobiles of Arizona

Pre-Auction Estimates :
USD $250,000-USD $300,000 
High Bid (Lot was not sold)
USD $160,000

2007 Vintage Motor Cars at Hershey

Pre-Auction Estimates :
USD $175,000-USD $235,000 
Sale Price :
USD $170,000

1931 Packard Model 840 DeLuxe Eight Auction Sales

Recent Sales of the Packard Model 840 DeLuxe Eight

(Data based on Model Year 1931 sales)
1931 Packard 840 Deluxe Eight Convertible Coupe
Sold for USD$67,100
  2023 RM Sothebys : Hershey
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard 840 Deluxe Roadster
Chassis#: 188801
Sold for USD$196,000
  2023 Worldwide Auctioneers : The Enthusiast Auction
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard 840 Deluxe Eight Phaeton
Chassis#: 190411
Sold for USD$156,800
  2022 RM Sothebys : Monterey
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 PACKARD 840 DELUXE EIGHT ROADSTER
Chassis#: 191229
Sold for USD$105,280
  2020 Bonhams : Simeone Foundation Automotive Museum
 
1931 Packard 840 Custom Eight Coupe
Sold for USD$59,400
  2020 Mecum : Indy
 
1931 Packard 840 DeLuxe Eight 4 Passenger Coupe
Chassis#: 190041
Sold for USD$56,000
  2020 Bonhams : Scottsdale Arizona
 
1931 Packard 840 Dual Cowl Sport Phaeton
Sold for USD$59,400
  2020 Mecum Auctions : Kissimmee
 
1931 Packard 840 Deluxe Eight 2/4-Passenger Roadster
Chassis#: 47249
Sold for USD$242,000
  2019 Worldwide Auctioneers : Scottsdale, Arizona
 
1931 Packard Custom Eight Roadster
Chassis#: 191299
Sold for USD$151,250
  2018 RM Sothebys : Hershey
 
1931 Packard Custom Eight Roadster
Chassis#: 189075
Sold for USD$148,500
  2018 RM Sothebys : Hershey
 
1931 Packard Custom Eight Sport Phaeton
Chassis#: 190860
Sold for USD$151,200
  2018 RM Sothebys : Amelia Island
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard Series 840
Sold for USD$120,000
  2018 Leake Auction : Oklahoma City
 
1931 Packard 840 DeLuxe Eight Dual Cowl Sport Phaeton
Chassis#: 190397
Sold for USD$264,000
  2017 Bonhams : Quail Lodge
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard Deluxe Eight Convertible Victoria by Dietrich
Chassis#: 188700
Sold for USD$192,500
  2017 RM Sotheby's : Arizona Auction
 
1931 PACKARD 840 DELUXE CONVERTIBLE COUPE
Chassis#: 191094
Sold for USD$71,500
  2016 Bonhams : Quail Lodge
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard DeLuxe Eight Convertible Coupe
Sold for USD$154,000
  2016 Auctions America : Fort Lauderdale
 
1931 Packard Deluxe Eight Convertible Coupe
Chassis#: 479-68
Sold for USD$126,500
  2013 RM Auction - Hershey
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard Deluxe Eight Sport Phaeton
Sold for USD$118,250
  2013 Auctions America - Auburn Fall
 
1931 Packard 840 Deluxe Eight Convertible Coupe
Chassis#: 479-68
Sold for USD$110,000
  2013 RM Auctions - Amelia Island
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  
1931 Packard Deluxe Eight Convertible Victoria
Chassis#: 188233
Sold for USD$154,000
  2012 RM Auctions at Amelia Island, Fla
1931 Packard Model 840 DeLuxe Eight image  1931 Packard Model 840 DeLuxe Eight image  

Packard Model 840 DeLuxe Eights That Failed To Sell At Auction

1931 Packard Model 840 DeLuxe Eight's that have appeared at auction but did not sell.
VehicleChassisEventHigh BidEst. LowEst. High
1931 Packard 840 DeLuxe Eight Roadster1888752023 RM Sothebys : Amelia Island $200,000$240,000
1931 Packard 840 Deluxe Eight 2/4-Passenger Roadster472492022 Worldwide Auctioneers : Scottsdale Arizona   
1931 Packard 840 Deluxe Eight Phaeton471962020 Gooding & Company : Geared Online $225,000$300,000
1931 Packard Deluxe Eight Convertible Coupe1887302019 RM Sothebys : Fort Lauderdale   
1931 Packard 840 Roadster472332017 The Finest : Boca Raton $275,000$300,000
1931 PACKARD 840 ROADSTER1899932016 Scottsdale, The Westin Kierland Resort & Spa $250,000$275,000
1931 Packard Deluxe Eight Dual Cowl Sport Phaeton1496592014 RM Auctions Automobiles of Arizona$165,000  
1931 Packard 840 DeLuxe Rumble Seat Roadster1888752012 RM Auctions at Amelia Island, Fla$200,000$250,000$300,000
1931 Packard Deluxe Eight Convertible Victoria by Waterhouse & Co.1882332011 RM Auctions Concours d'Elegance at St. Johns$230,000$250,000$350,000
1931 Packard 840 Individual Custom Convertible Sedan by Dietrich840-2062011 RM Auctions Concours d'Elegance at St. Johns$190,000$200,000$300,000
1931 PACKARD 8403238402010 Silver Auction Portland$39,000  
1931 Packard Model 840 DeLuxe Eight 2009 Automobiles of Arizona$160,000$250,000$300,000
1931 Packard 840 Roadster Roadster 2009 Boca Raton, FL Kruse$250,000  

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1931 Packard Model 840 DeLuxe Eight

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