1954 Packard Patrician Corporate

4dr Limousine

8-cyl. 359cid/212hp 4bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$25,500 CAD*

-1.5%
#4 Fair condition#4 Fair
Value Graph01/2404/2407/24$5k$10k$15k$20k$25kOct 2024
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1951-1956 Packard Patrician stats
Highest sale
$107,886 CAD
Lowest sale
$2,604 CAD
Most recent sale
$13,898 CAD
Sales
102

Photos

39 photosImages may not reflect selected vehicle.

1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
1955 Packard 400 2dr Hardtop Coupe Courtesy of Hyman Ltd.
insurance

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**Figure based on a stock 1954 Packard Patrician valued at $25,500 CAD with ON rates with $100/300K liability/UM/UIM limits. Actual costs vary depending on the coverage selected, vehicle condition, province and other factors. Hagerty determines final risk acceptance.
More 1954 Packard Patrician Corporate values

Model overview

Model description

Packard introduced the John Reinhart-designed 24th Series Patrician 400 sedan in August 1950 as the top-of-the-line Custom Eight replacement. The car was a departure for Packard, utilizing a “three-box” shape that was much more contemporary and modern looking.

The Patrician still used a nine-main-bearing, straight-eight flathead engine, now displacing 327 cid instead of 356, and producing 155 hp. All Patricians were equipped with Packard’s own Ultramatic automatic transmission. On the outside, the Patrician was fitted with a cormorant hood ornament, lots of chrome trim along the side, “teeth” in the horizontal grille, and cloisonne hubcap centers.

The 1952 Packard Patrician was virtually the same as the previous year, with only small visual modifications transpiring. This was also the case for 1953, as minor changes to the grille and side trim were the biggest exterior changeups. More importantly, the Patrician 400 series was expanded in 1953 with expensive long-wheelbase custom sedans and limousines. The Derham-built formal sedan cost $6,531 against the base Patrician’s $3,735, while the long-wheelbase eight-passenger executive sedan by Henney cost $6,900 and the corporate limousine cost $7,100. Sales were minimal: 25 Derham sedans, 100 Henney executive sedans, and 50 corporate limousines. Meanwhile 7,465 Patricians found buyers.

The 1954 model year saw the end of the basic 24th Series shape, and the Packard marque was being divided into Packard and Clipper lines. The Henney limousine and executive sedan were continued and the Patrician sedan was now called the Patrician Custom. A total of 2,760 Custom sedans were sold, 65 Henney executive sedans, and 35 limousines. This was the last year for the straight eight.

Packard tried to right the ship in 1955 with an elegant redesign of the Patrician, new 320- and 352-cid V-8 engines, and self-leveling torsion-bar suspension on the top models. The bodies were handsome, with full-wide grilles, sweep-around windshields, cathedral taillights, and side trim which permitted tri-color paint schemes. The new mechanicals , however, were rushed into production and oil pump problems and torsion-bar issues would cost the company dearly. Negative publicity and poor customer experiences hamstrung the company’s sales efforts for the remainder of its existence. The 1956 Packards’ engine ills had been ironed out, but it was too late, and Curtiss-Wright shifted production to sister company Studebaker’s South Bend factory, essentially treating Packard as a tax write-off. There would be no more big Packards after 1956, just badge-engineered Studebakers, and even those stopped appearing following the 1958 model year.

The Packard Patrician today carries the distinction of being one of the last top-level Packards built. The cars are fairly rare, and handsome as well. The 1955 cars are generally the least expensive due to their mechanical troubles, with the 1956 cars being good choices due to their extra power. Any car in “Easter egg” colors can carry a premium, and overall build quality on these cars is very high. Trim, though, can be difficult to locate, and club support for later Packards is not on par with earlier cars, so new owners should be aware that they may not find a lot of support. Regardless, the cars are still eye-catching, and fun to drive.

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Common Questions

The value of a 1954 Packard Patrician Corporate can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $19,750 USD for a 1954 Packard Patrician Corporate in good condition with average spec.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are representative of stock condition vehicles only and based on various data sources, as detailed in About Our Prices. Value adjustments for optional equipment are in U.S. dollars. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.CA/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of the Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved.

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