How Much is a Packard Eight Worth at Auction?

The Packard Eight represents a highly variable segment of the classic car market, with active market reflected in 29 auction sales over the past 12 months. The median sale price currently sits at $51,000, with values ranging from $25,950 for entry-level examples to $81,000 for collector-grade vehicles. This 108% price spread indicates significant variation in condition, mileage, and provenance among sold examples.

As a Packard Eight, this vehicle occupies a mid-range enthusiast segment. Since its introduction in 1928, it has become a staple for Packard enthusiasts.

The availability of 22k Miles Shown, TMU and 65 Miles Shown, TMU engines and Manual (3-speed) and Automatic (3-speed) transmissions significantly impacts the resale value. Enthusiasts often prioritize specific mechanical configurations, with manual transmissions and high-performance engines typically commanding a premium in the current auction climate.