Misallocation

1940 Chevrolet Master Deluxe Sedan

Sold at Mecum Auctions on Oct. 31, 2025, offered with no reserve.

$13,200Confirmed

The price as reported by the house. Hammer price $12,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1940
Make and model
Chevrolet Master and Master Deluxe
Generation
Master (1933 to 1942)
Version
Master (1933 to 1942)
Gearbox
Manual
Chassis
3252133
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 15 comparable sales, 17% under its bottom.

Middle half of sales$14,000 to $29,000
Median$23,000
Sales behind it15Likely

From 15 sales of the Chevrolet Master and Master Deluxe Master (1933 to 1942) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $14,000 and $29,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1940 Chevrolet Master Deluxe SedanMecum, June 5, 2026MecumJune 5, 2026$7,250
1940 Chevrolet Master Deluxe SedanMecum, June 7, 2025MecumJune 7, 2025$11,000
1939 CHEVROLET MASTER DELUXE COUPEBarrett-Jackson, Jan. 20, 2025Barrett-JacksonJan. 20, 2025$17,000
1941 Chevrolet Master Deluxe CoupeMecum, July 23, 2026MecumJuly 23, 2026$29,000
1939 Chevrolet Master Deluxe CoupeMecum, March 18, 2026MecumMarch 18, 2026$29,000
1939 Chevrolet Master Deluxe SedanMecum, Dec. 6, 2025MecumDec. 6, 2025$37,000
1938 Chevrolet Master SedanBring a Trailer, Nov. 25, 2025Bring a TrailerNov. 25, 2025$10,900
1939 Chevrolet Master Deluxe SedanMecum, July 23, 2025MecumJuly 23, 2025$7,800