Misallocation

1929 Packard 640 Custom Eight Phaeton

Sold at RM Sotheby's on Oct. 9, 2025.

$71,500Confirmed

The price as reported by the house. Hammer price $63,839, before the buyer's premium. Read from the house's results Oct. 26, 2026.

The car

Year
1929
Make and model
Packard Packard Eight
Generation
Eight (1924 to 1950)
Chassis
178462
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

Inside the middle half of 44 comparable sales.

Middle half of sales$22,750 to $103,375
Median$59,500
Sales behind it44Likely

From 44 sales of the Packard Eight Eight (1924 to 1950) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $22,750 and $103,375.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1929 Packard Deluxe Eight 645 Dual-Cowl Sport Phaeton by DietrichBring a Trailer, Aug. 13, 2026Bring a TrailerAug. 13, 2026$155,599
1929 Packard 640 Custom Eight RunaboutBroad Arrow, March 7, 2026Broad ArrowMarch 7, 2026$90,000
1929 Packard Custom Eight 640 RoadsterBring a Trailer, Sept. 10, 2025Bring a TrailerSept. 10, 2025$110,000
1929 Packard 633 Standard Eight PhaetonMecum, Aug. 16, 2025MecumAug. 16, 2025$40,000
1929 Packard Custom Eight 6-40 Convertible CoupeBroad Arrow, March 8, 2025Broad ArrowMarch 8, 2025$82,500
1929 Packard 645 Deluxe Eight PhaetonGooding Christie's, March 7, 2025Gooding Christie'sMarch 7, 2025$56,000
1929 PACKARD CUSTOM EIGHT MODEL 645 ROADSTERBarrett-Jackson, Jan. 24, 2025Barrett-JacksonJan. 24, 2025$145,000
1929 Packard 640 Custom Eight PhaetonRM Sotheby's, Jan. 24, 2025RM Sotheby'sJan. 24, 2025$57,500