✦ Shifty Estimate
$58,800
- 12 months median
- $58K
- Market cap
- $322.8M · 5,489 built
- Sales, 12 months
- 4
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1953 Packard Caribbean Convertible
1953 to 1956 · Convertible · Limited edition · 5,489 built
Price history
Recent sales
15 sales
1953 · Sunset Red Metallic · 57,000 mi2026-08-04 · drew_doran$40,500
1955 · White Jade, Zircon Light Blue, Sapphire Blue · 58,000 mi · automatic2026-02-08 · rufstr518$56,000
1956 · Dover White, Danube Blue, and Roman Copper2025-10-09$77,000
1954 · Polaris Blue and Sahara Sand2025-10-09$60,500
1953 · Matador Maroon with a white convertible top · 53,422 mi · automatic2025-08-13 · ClassicPromenade$70,000
1953 · Sahara Sand with a tan convertible top · 57,670 mi · automatic2025-07-31 · uniqueclassiccars$57,200
1954 · Blue · 98,000 mi2025-06-06 · Bpercy$23,500
1954 · GULF GREEN/SAHARA SAND · automatic2025-01-23$35,200
1954 · Gulf Green and Sahara Sand2024-10-10$35,750
1955 · White Jade, Fire Opal, and Onyx2024-10-10$82,500
1954 · 828 mi · automatic2023-08-01 · Donnie_Gould$81,000
19532021-05-03$63,800
1953$70,000- 1956 · Dover White & Naples Orange · 65,300 mi · automatic$32,500
- 1955 · Tri-Tone White Jade, Rose Quartz, & Gray Pearl · 41,312 mi · other$105,000
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, 4 have sold publicly at a median of $58,250. The Shifty Estimate for a well-kept example is $58,800. Cars have changed hands anywhere from $33,040 to $81,400, depending on mileage, color, and history.
What is a 1953 Packard Caribbean Convertible worth today?
The Shifty Estimate is $58,800. We rate confidence medium: 4 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:
- $40,500Aug 4, 2026Sunset Red Metallic · 57,000 mi
- $56,000Feb 8, 2026White Jade, Zircon Light Blue, Sapphire Blue · 58,000 mi
- $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.