1955 Packard Caribbean ConvertibleSOLD
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Estimate: $75,000-$95,000 US

Offered Without Reserve

AUCTION RESULTS: Lot was Sold at a price of $66,000

Specifications:
275hp, 352 cu. in. overhead valve V8 engine, two four-barrel Rochester Type 4GC carburetors, Ultramatic Drive automatic transmission, torsion bar self-leveling suspension, four-wheel power-assisted drum brakes. Wheelbase: 127"

For over 50 years, Packard had been one of America's top luxury car manufacturers, but all that ended in the late 1950s thanks in part to an ill-fated merger with Studebaker. Packard ’ s halo vehicle, the beautiful and luxurious Caribbean Convertible, was first introduced in 1953 but now faced an uncertain future. Ultimately, the 1955-1956 Caribbean would be Packard ’ s last prestige, low production offering.

Completely redesigned, the top of the line 1955 Caribbean was fresh and attractive. It had a new high output overhead valve V8 engine with twin four-barrel carburetors. Producing roughly 300 horsepower, it was coupled to a new push-button Ultramatic Drive transmission. An innovative new torsion bar suspension featured automatic leveling, making the 1955 Packard the smoothest riding and best handling full size car of the time. The top of the line Caribbean Convertible featured striking new three-tone paint schemes, two-tone leather interiors, and a lavish and striking dash layout. At a price of $5,932, the car was breathtaking in more ways than one.

Packard only built 500 examples, making the convertible presented here all the more attractive. It has less than 60,000 original miles and a complete frame up restoration yielded a distinctive and quite elegant three-tone White Jade, Turquoise, and Pearl Grey exterior. Tasteful chrome trim, optional wire wheels, and dual hood scoops accentuate the long flowing body. The upholstery on the interior matches the paint; the dash material is almost tropical in appearance, befitting the Caribbean ’ s summery theme. As such, the optional air conditioning is a welcome addition. The aforementioned 5.8-liter V8 is original and rests in a well-restored engine bay. Power windows, convertible top, front seat, and steering guarantee a leisurely yet highly enjoyable drive.

An advertisement for the 1955 Packard Caribbean claimed that it was “ created for the most discriminating motorists in America ” . Given the car ’ s generous options, technological advancements, and powerful V8, this was more than a mere marketing pitch. In fact, its brief production run has only added to its rarity and ensured its position alongside the most collectible and sought after cars of its era.

Reference Number 11622

as of 7/24/2007

Overview
Car 1955 Packard Caribbean Convertible
VIN 55881437 
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