Packard Caribbean
Sold prices, market value and cars for sale
As of October 21, 2026, Shifty has recorded 18 public sales of the Packard Caribbean. The records run from May 2021 to October 2026. In the past 12 months, 4 sold at a median of $48,250. The Shifty Estimate for the Convertible is $63,500.
Versions
About the Packard Caribbean
- Built
- 1953 to 1956
- Versions
- 2
- Body styles
- Convertible, Hardtop
- Engine
- V8, 5.8L
- Power
- 275 to 310 hp
- 0 to 60
- 12 s
- Top speed
- 115 mph
The Packard Caribbean was built from 1953 to 1956.
The Convertible, the most traded version: 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.
The market
Recent sales
Common questions
How much does a Packard Caribbean cost?
In the past 12 months, 4 sold at a median of $48,250. Half of the 18 most recent sales landed between $35,200 and $70,000. The Shifty Estimate is $63,500.
What is a Packard Caribbean worth today?
The Shifty Estimate for the Convertible is $63,500. It describes a well-kept example.
What is the most expensive Packard Caribbean ever sold?
The highest sale on file is $105,000, for a 1955 Packard Caribbean Convertible at Hemmings. It showed 41,312 miles.
How many Packard Caribbeans have sold?
Shifty has recorded 18 public sales since May 2021. 4 came in the past 12 months. The most recent sold for $64,960 on Oct 8, 2026.
Where do Packard Caribbeans sell?
Of the last 18 sales with a known venue, 6 were at RM Sotheby's. The rest: Bring a Trailer (3), AutoHunter (2), Hemmings (2) and Barrett-Jackson (1).
How many miles do Packard Caribbeans have when they sell?
Across the last 8 sales with a recorded odometer, the median was 57,335 miles. The lowest showed 828 miles and the highest 98,000 miles.
Where do Shifty's Packard Caribbean prices come from?
Every figure here comes from recorded public sales and live listings of the Packard Caribbean. Each sale is filed by version and year. Shifty leaves out cars without a clean title, mismatched cars and implausible prices. The Shifty Estimate weights the most recent sales most heavily. These figures were read on October 21, 2026.