£55,110 (Est: £74,711 - £97,124)
1932 Pierce-Arrow Eight Model 54 Convertible Sedan
Bonhams • US • 15 Aug 2025
Market Position:
Mid-Market
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£55,110 (Est: £74,711 - £97,124)
1932 Pierce-Arrow Eight Model 54 Convertible Sedan
US • 15 Aug 2025
Vehicle Details
AI Listing Summary
This 1932 Pierce-Arrow Eight Model 54 Convertible Sedan features a striking yellow and black color scheme with a red leather interior, dual side mounts, pilot rays, wire wheels and an integrated trunk. It has an older restoration with recent service invoices totaling over $45,000, includes mechanical, electrical, and even a new set of tires was installed.
Condition
7
The car presents well with a very nice older restoration. At its last showing it scored 95 points, a good score for an older restoration. It was also awarded a vehicle of distinction award at the Atlanta Concours in 2019. However, older restorations are not concourse level.
/ 10
Manual
1932
Auction
1050024
United States
£55,110 (Est: £74,711 - £97,124)
1932 Pierce-Arrow Eight Model 54 Convertible Sedan
Bonhams • US • 15 Aug 2025
Market Position:
Mid-Market
Track live values and receive listing alerts
Description
366ci, L-head 8-Cylinder
Engine Single Stromberg UUR 2 Carburetor 125hp at 3,800rpm 3-Speed Transmission Semi-Elliptic Leaf Springs Front and Rear 4-Wheel Servo-Assisted Drum Brakes *Renowned marque *Desirable Convertible sedan bodywork *Beautiful Older restoration *From a private collection *CCCA Full Classic THE PIERCE-ARROW Some idea of the rapidity of Pierce-Arrow's rise may be gauged from the fact that as early as 1909 The White House ordered two for state occasions.
From then onwards Pierce-Arrow would be synonymous with the ultimate in motoring luxury, ranking alongside Cadillac, Packard and Rolls-Royce.
With its prestige and identity firmly established, Pierce-Arrow prospered into the 'teens and early 1920s.
But the company would soon begin to slip.
It clung to its large six-cylinder engines, some of which still used the by now antiquated T-head design, even as competitors almost universally adopted eight-cylinder powerplants.
At the same time, Pierce-Arrow styling remain...
Price Analysis vs Other Model 54s
£21,181
Lowest Price (Since 2020)
£55,110
Median Price (Since 2020)
£100,288
Highest Price (Since 2020)
World Record
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Mid-Market
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Lowest Price
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Average Price
Compared to historical records, the sale price placed this vehicle squarely in the mid-market for the Model 54.
Rare Sale
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Previous Model 54 Sales
MOT Information
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MOT Mileage Trend
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Operating from London, Bonhams is a physical auction house handling classic, historic competition, and collector cars. They conduct live auctions globally, offering vehicle consignment, appraisal, and valuation services.

















