1955 PACKARD CARIBBEAN CONVERTIBLE
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Description
Summary
Class leading 352cid V8 with Rochester dual quads and factory rated at 275hp with 355lb/ft oftorque. New for 1955 torsion level suspension, power steering, brakes, windows, seat and top, signal seeking radio and dual spotlamps. One of 500 built.
Details
For 1955, Packard introduced an all new overhead valve V8 to replace their antiquated straight 8 to compete directly with Cadillac. In top spec as found in their most expensive model, the Caribbean, the 352cid version featured Rochester dual 4 barrel carburetors and was rated at an impressive 275hp with 355 ft/lbs of torque, which topped Cadillac's heavier Eldorado by 5hp and 10 ft/lbs. The Caribbean also featured Packard's highly advanced torsion level suspension, which soaks up any road surface, no matter how imperfect, in a relaxed, effortless manner. It wowed the editors at Motor Trend Magazine, who proclaimed that the Packard can 'float you through severest of bumps with the greatest of ease.' Priced at nearly $6,000, just 500 Caribbeans were built for 1955. The example seen here is a superb older restoration that is meticulously presented, finished in it's factory original tri color paint scheme of Jade White/Fire Opal Red/Onyx with factory correct white and red two tone leather interior. As the flagship model for the marque, the Caribbean was equipped standard with power steering, Easamatic power brakes, power window lifts, power front seat, power operated soft top, signal seeking radio and leather upholstery. This car further features the optional chrome wire wheels with wide white wall tires and accessory dual spotlights.
Financing
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Monthly payment of $549.20 based on a purchase price of $50,000.00 with 15% down and 9.47% APR financing for 120 months. Monthly payment of $926.28 based on a purchase price of $100,000.00 with 20% down and 9.35% APR financing for 144 months. Monthly payment of $1,650.77 based on a purchase price of $200,000.00 with 20% down and 9.29% 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 0.25% 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.