1954 PACKARD CARIBBEAN CONVERTIBLE
Whats Under The Hood?
Details
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Description
Summary
359cid/212hp with an automatic. Completely restored to original specs. One of 26 and the most expensive domestic cars in 1954.
Details
As a result of the 1952 Pan American Expo's car of the future, the Caribbean was created to be an authentic piece of the Packard history. This Caribbean is one of 26 remaining and the first owner, J. Lynn Johnston, legal advisor to Joseph P. Kennedy, attests to Senator John F. Kennedy's ride in this car. This Caribbean is powered by a 212 HP, 359 CID Straight 8, with 68,589 miles. A total original body restoration was completed in 2006 including: engine compartment, 162 pieces (including spoke wheels) re-chromed, new carpets, upholstery, top, engine gaskets, front springs, tie rod & sway bar bushings, wheel cylinders, with rebuilt water pump, carburetor, and fuel pump. This work of art and gentleman's car @ $6100 was the most expensive U.S. produced car in 1954and only 400 were made. Restoration photos, 22 year restoration expense detail and Mr. Johnston's historic letters are included.
Financing
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Monthly payment of $511.49 based on a purchase price of $50,000 with 20% down and 9.22% APR financing for 120 months. Monthly payment of $914.47 based on a purchase price of $100,000 with 20% down and 9.09% APR financing for 144 months. Monthly payment of $1,625.88 based on a purchase price of $200,000 with 20% down and 9.03% APR financing for 180 months. Rate with optional AutoPay (ACH Debit) discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay discount are 0.50% higher. Best rates are available for credit scores of 700 and above. TT&L may also be financed. Not all applicants will qualify. Rates and terms are subject to change without notice.