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Cars / Packard / Caribbean ConvertibleLive
1953 Packard Caribbean Convertible

✦ Shifty Estimate

$61,600

Medium confidence$30K to $89K
12 months median
$61K
Market cap
$338.1M · 5,489 built
Sales, 12 months
3

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1953 Packard Caribbean Convertible

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

Price history

$20k$40k$60k$80kMay 202120222023202420252026✦ SHIFTY ESTIMATE TODAY $62k
Sold Bid, not sold
8 sales · 7 unsoldmedian $61kupdated Jul 2026

More sales on file

The full sale history lives in the app.

Every sale for this exact market, with the chassis behind each number. Drop your email and you are first in.

Specifications

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

Common questions

How much does a Packard Caribbean Convertible cost?

Over the past 12 months, 3 have sold publicly at a median of $60,500. The Shifty Estimate for a well-kept example is $61,600. Cars have changed hands anywhere from $29,800 to $89,250, depending on mileage, color, and history.

What is a 1953 Packard Caribbean Convertible worth today?

The Shifty Estimate is $61,600. We rate confidence medium: 3 public sales in a year is a thin market, and the spread between them is wide.

What has a Packard Caribbean Convertible sold for at auction?

The 3 most recent public sales we have on file:

  • $56,000Feb 8, 2026White Jade, Zircon Light Blue, Sapphire Blue · 58,000 mi
  • $60,500Oct 9, 2025Polaris Blue and Sahara Sand
  • $77,000Oct 9, 2025Dover White, Danube Blue, and Roman Copper

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.