The Great Depression was detrimental to the entire automobile market, but especially to those firms whose success came from producing high-end luxury cars. Many expensive marques such as Duesenberg, Pierce-Arrow, Peerless, and Marmon were unable to stay afloat. Even Cadillac and Packard were forced to diversify, but Packard was able to stay true to their twelve-cylinder line and remained more profitable than most. Packard relied on eights to get through the Depression years but returned with their V-12 in the late ‘30s. The new twelve-cylinder models became landmark vehicles in American automobile history and have stood the test of time for not only their quiet operation but also collector desirability.
Sold new by the Packard Motor Company of New York City, it is believed that this rare 1937 Packard Twelve 1507 2/4 Passenger Coupe spent most of its life in New York City and the surrounding suburbs. While early ownership history is not known, it had been in the same owner’s possession from 1966 till 2022 when the current owner acquired it. While with the previous owner, this Packard spent most of those 57 years tucked away in his garage in the suburbs of New York.
Well-preserved and highly original, this example is believed to be 1 of only 42 Packard Twelve Model 1507 2/4 Passenger Coupes built in 1937. Cosmetically, the sheet metal and undercarriage are solid and original; the original paint, running boards, and interior are well-preserved, and the rumble seat even retains its original leather. For someone wishing to restore this car one day, the wood will need attention, but the rest is very solid. The twelve-cylinder engine does fire up, but the mechanics will require attention prior to being driven and shown.
As 1 of only 42 Packard Twelve Model 1507 2/4 Passenger Coupes believed to have been built in 1937, it is an excellent opportunity for someone looking for an unrestored and rare twelve-cylinder Packard that will allow them to partake in CCCA events and other shows around the country.