Packard Caribbean Convertible

1953 to 1956 · Convertible · Limited edition · 5,489 built

Over the past 12 months, 3 have sold publicly at a median of $56,000. The Shifty Estimate for a well-kept example is $63,500. Across the sales we have on file, prices ran from $23,500 to $105,000, depending on mileage, color, and history.

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Shifty Estimate

$63,500

Medium confidence · $35K to $77K

Median · 12 mo: $56,000
Sales · 12 mo: 3
Market cap: $348.6M · 5,489 built

Collectible

1953 Packard Caribbean Convertible, sold Oct 2026

Sold$64,960 · RM Sotheby's · Oct 2026

The market

Every recorded 1953 Packard Caribbean Convertible sale, by date and price

Oct 2026 · RM Sotheby's

$64,960

See this car

Sold Bid to, not sold

13 sales · 8 unsoldmedian $56kupdated Oct 2026

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Latest results

The newest 1953 Packard Caribbean Convertible sales with photographs

1953 Packard Caribbean Convertible, sold Aug 2026

Sold $40,500

1953 · Sunset Red Metallic · 57,000 mi

Aug 4, 2026 · Bring a Trailer

1953 Packard Caribbean Convertible, sold Feb 2026

Sold $56,000

1955 · White Jade, Zircon Light Blue, Sapphire Blue · 58,000 mi

Feb 8, 2026 · Bring a Trailer

1953 Packard Caribbean Convertible, sold Oct 2025

Sold $60,500

1954 · Polaris Blue and Sahara Sand

Oct 9, 2025 · RM Sotheby's

Sold $77,000

1956 · Dover White, Danube Blue, and Roman Copper

Oct 9, 2025 · RM Sotheby's

1953 Packard Caribbean Convertible, sold Aug 2025

Sold $70,000

1953 · Matador Maroon with a white convertible top · 53,422 mi

Aug 13, 2025 · AutoHunter

1953 Packard Caribbean Convertible, sold Jul 2025

Sold $57,200

1953 · Sahara Sand with a tan convertible top · 57,670 mi

Jul 31, 2025 · AutoHunter

Specifications

Engine: V8, 5.8L
Power: 275 hp
Torque: 355 lb-ft
0 to 60: 12 s
Top speed: 115 mph
Transmission: Other
Drivetrain: RWD
Curb weight: 4,590 lb
Production: 5,489 built

Common questions

How much does a Packard Caribbean Convertible cost?

What is a 1953 Packard Caribbean Convertible worth today?

The Shifty Estimate is $63,500. We rate confidence medium: 3 public sales in a year is a thin market, and the spread between them is wide.

How many Packard Caribbean Convertible have sold?

Shifty has 16 public sales of the Packard Caribbean Convertible on file. The earliest was on May 3, 2021.

What is the most expensive Packard Caribbean Convertible sold?

The highest public sale on file is $105,000, with 41,312 mi.

What has a Packard Caribbean Convertible sold for at auction?

The 3 most recent public sales we have on file:

$64,960Oct 8, 2026
$40,500Aug 4, 2026Sunset Red Metallic · 57,000 mi
$56,000Feb 8, 2026White Jade, Zircon Light Blue, Sapphire Blue · 58,000 mi

About the 1953 Packard Caribbean Convertible

The Caribbean Convertible marked Packard's bold attempt to reclaim luxury leadership in the 1950s. With only 5,489 produced across four model years, the Caribbean featured Packard's most powerful engine: a 352 cubic inch V8 producing 275 horsepower. The distinctive styling included unique taillights, chrome side spears, and a luxurious interior befitting Packard's premium positioning. The Caribbean competed directly with Cadillac's Eldorado, representing Packard's final flowering before financial difficulties took hold. The Ultramatic transmission was advanced for its time, though reliability issues plagued early examples. Today, the Caribbean is recognized as one of the most significant 1950s American convertibles, combining rarity, distinctive styling, and historical importance. Clean, well-documented examples command strong prices as collectors appreciate Packard's final luxury statement.