Car Collector International
Classic · 1933–1939

Packard Twelve

America's pre-war V12 luxury benchmark — refined, smooth and the chassis of choice for the most ambitious coachwork.

ConvertibleSedanCoupeLimousine
Car Collector International Editorial
Packard Twelve
Overview

Why this car matters

The Packard Twelve (1933–1939) — earlier known as the Twin Six — was Packard's V12 flagship. Powered by a 7,755cc 67-degree V12 producing 160–175 bhp, the Twelve carried bodywork ranging from formal limousines (Packard's own factory bodies) to bespoke coachwork by Dietrich, LeBaron, Rollston and Brewster. Roughly 5,700 Twelves of all body styles were built across seven years, with Dietrich-bodied Sport Phaetons and convertible coupes among the most desirable.

America's pre-war V12 luxury standard; the chassis underneath some of the era's most flamboyant coachwork.

Variants

Range and production

VariantYearsProductionNotes
Twin Six (1932)1932Original V12 nomenclature; reverted to Twelve from 1933.
Twelve1933–1939Mainstream V12 production.
Dietrich / LeBaron coachwork1933–1937Bespoke open and convertible bodies.
Buyer's Guide

What to look for

Provenance and originality

For pre-war and vintage cars such as the Packard Twelve, provenance is paramount. Chassis and engine number matching, period coachbuilder records, factory build sheets where available, continuous ownership documentation, original handbooks and any competition or concours history are the foundation of value. Coachbuilder identity, body style (open > closed), CCCA Full Classic status, continuous history.

Mechanical inspection priorities

The 7.7-litre V12 is famously smooth; carburation, ignition and the lubrication system are standard service items. Specialist support is strong in the US. A pre-purchase inspection by a recognised marque specialist should include compression and leak-down testing, magneto and ignition checks, chassis straightness and frame survey, axle and steering wear assessment, brake system review (mechanical or hydraulic per period), and an extended road test on varied terrain to expose carburation, cooling and gearbox issues that only emerge under sustained running.

Body, chassis and originality of coachwork

Pre-war coachwork is rarely truly original after a century of use. Establish whether the body is original to the chassis (period photographs, build records, coachbuilder plates), whether it has been re-bodied at any point, and the standard of any restoration. Quality of timber framing, ash health, panel beating and paint depth are all critical. Concealed structural rot, re-bodies presented as original, and 'tribute' cars built on later or unrelated chassis must be priced accordingly.

Specification and event eligibility

Dietrich and LeBaron open coachwork leads; formal limousines and four-door sedans trade more modestly. For vintage cars, event eligibility — Mille Miglia, Goodwood Revival, Pebble Beach, VSCC events, Le Mans Classic — can underwrite a substantial proportion of market value. Verify FIA/FIVA papers, period race history where claimed, and the car's standing with the relevant marque registry before purchase.

Pricing

What to pay

Concours Dietrich / LeBaron open
USD$700,000 – $1,500,000
GBP£520,000 – £1,100,000
EUR€590,000 – €1,250,000
Top bespoke coachwork.
Excellent factory convertible
USD$220,000 – $400,000
GBP£165,000 – £295,000
EUR€185,000 – €335,000
Factory Packard convertible coupes and sedans.
Sedan / limousine
USD$90,000 – $180,000
GBP£68,000 – £135,000
EUR€75,000 – €150,000
Formal coachwork; usable Twelve ownership.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
300–2,000 miles typical for vintage use; rally cars higher
Service interval
Annual full service; pre-event check before any rally or tour
Annual running cost
$8,000 – $35,000 depending on use, storage and event programme
Fuel economy
10–18 mpg typical; heavy carburetted engines run rich
Insurance
Use a specialist agreed-value vintage policy with declared value reviewed annually. Premiums reflect declared value, storage, event use and driver experience with pre-war machinery.

Maintenance planning

Vintage cars require disciplined preventive maintenance: lubrication regimes, magneto service, carburettor synchronisation, brake adjustment, and timber and trim conservation. A car used regularly and serviced annually by a specialist will outlast a stored example neglected for decades.

Specialist access and parts

Strong CCCA and Packard Club support; specialist mechanical and coachwork shops across the US. Confirm the availability of marque specialists, period-correct fasteners, coachwork trim, instruments and tyres before committing. A car requiring fabricated one-off parts will absorb time and cost that a similar example with active specialist support will not.

Common Problems

Known issues by system

Engine

7.3-litre / 7.7-litre V12 oil pressure and bearing wear

Major$25,000 – $55,000
Symptoms — Low hot oil pressure, knock under load.
Inspection — Hot oil pressure; bearing inspection; specialist Packard V12 builder required.
Cooling

V12 cylinder block coolant passage corrosion

Moderate$5,000 – $15,000
Symptoms — Coolant loss, electrolytic corrosion.
Inspection — Pressure-test; flush and inspect coolant history.
Coachwork

Dietrich / LeBaron / Brunn / Rollston body originality

CriticalValue impact: 40–60%
Symptoms — Custom coachwork commands significant premium over factory bodies.
Inspection — Verify with Packard Club and coachbuilder archives.
Identity

Sport Phaeton / Speedster body re-creations from sedans

MajorValue impact: 30–50%
Symptoms — Open-body Twelves sell for multiples of closed cars; tribute conversions exist.
Inspection — Cross-reference original factory build records.
Valuation

Current value bands by region

Concours
USD
$900,000
GBP
£660,000
EUR
€750,000
+1% 12-mo
Excellent
USD
$280,000
GBP
£205,000
EUR
€235,000
0% 12-mo
Good
USD
$120,000
GBP
£90,000
EUR
€100,000
-2% 12-mo

Each region quoted in its local currency — independent market readings, not FX conversions

Top coachwork firm; formal cars have softened modestly. Excellent value at the mid-tier.

Auctions

Recent results

DateAuctionCarMileageResult
2024-08-16
Gooding & Co.
Pebble Beach
1934 Twelve Sport Phaeton (Dietrich)
$946,000
Sold
Investment

Long-term outlook

StableHorizon: 10+ years

Top coachwork firm; mid-tier offers strong relative value.

Recommended

The trusted network

Specialists

  • Packard marque specialist
    View →
    UK / Europe
    Packard Twelve restoration, mechanical service and originality reviews.
  • Pre-war coachwork specialist
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    International
    Timber framing, ash conservation, panel beating and period-correct paint for pre-war coachwork.
  • Concours preparation studio
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    International
    Concours preparation, detailing and event support for pre-war and vintage cars.
  • Hagerty
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    USA / UK / EU
    Agreed-value collector insurance specialising in pre-war and vintage cars.
  • Lockton Performance
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    UK / EU
    Specialist agreed-value cover for significant pre-war and competition cars.

Storage

  • Windrush Car Storage
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    Cotswolds, UK
    Climate-controlled storage and collection management for pre-war and classic cars.
  • Autovault
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    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage with inspection programmes.
  • Classic Car Club Manhattan
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    New York, NY
    Secure urban storage for collector and pre-war cars.

Transport

  • CARS UK
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    UK & Europe
    Enclosed concours and event transport for pre-war and vintage machinery.
  • Reliable Carriers
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    USA (national)
    Enclosed coast-to-coast transport for pre-war American and European cars.
  • FERRLOG
    View →
    Italy / Europe
    Air-ride enclosed transport for Italian and European collector cars.

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The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.