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£71,690

1931 Pierce-Arrow Model 42

RM Sotheby's • US • 6 Sept 2015

Market Position:

Lower Mid-Market

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£71,690

1931 Pierce-Arrow Model 42

US • 6 Sept 2015

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Vehicle Details

AI Listing Summary

This 1931 Pierce-Arrow Model 42 Convertible Coupe is an older restoration, still presentable for shows, featuring a 385-cid straight-eight engine and a three-speed manual transmission. It boasts appealing classic features like dual sidemount spares, a rumbleseat, and a trunk rack, contributing to its $110,000 selling price.

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Condition 

7

The car is described as a 'beautiful older restoration' that is 'still sound enough to show,' indicating it's been well-maintained but not recently restored. It has some cosmetic features like light blue paint with dark blue accents, a tan cloth convertible top, and a dark blue leather interior, but also has features indicative of its age and use. Therefore, it is between Very Good and Excellent.

/ 10

Manual

LHD

United States

325585

1931

Auction

£71,690

1931 Pierce-Arrow Model 42

RM Sotheby's • US • 6 Sept 2015

Market Position:

Lower Mid-Market

Track live values and receive listing alerts

Description

Pierce-Arrow of Buffalo, New York was once considered one of the top three builders of luxury cars.

The company was one of the three Ps; the other two being Peerless and Packard.

As the decade of the 1920s evolved Cadillac and Lincoln began to overtake the traditional leaders in the marketplace.

By 1931, Pierce-Arrow had long established its sterling reputation as one of the finest manufacturers of premier motorcars in the country and announced the Model 41, 42 and 43.

In 1928, the company merged with Studebaker in part to help fund new models as well as projects like a new straight-eight engine.

Even as the Great Depression was felt across the country, Pierce-Arrow remained as focused as ever on selling exclusive luxury automobiles like the Model 54, which sold for prices in excess of $3,000.

At that time a contemporary Ford Model B could be had for less than a sixth of that.

This 1931 Pierce-Arrow Model 42 Convertible Coupe is a beautiful older restoration that is still sound ...

Price Analysis vs Other Model 42s

£58,196

Lowest Price (Since 2020)

£83,574

Median Price (Since 2020)

£87,046

Highest Price (Since 2020)

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World Record

If this vehicle sells at the mid-point of its estimate it will set a new world record for the [enter model]

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Lower Mid-Market

Compared to previous sales, the sale price placed this vehicle in the lower mid-market for the Model 42.

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Lowest Price

If this vehicle sells at the mid-point of its estimate it will be the lowest price we've seen for the [enter model]

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Average Price

The mid-point of the vehicle's estimate places it near the average price we see for the [enter model]

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Rare Sale

This vehicle comes to market rarely. In auction records we've only seen 9 sold before

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Icon

This vehicle is an icon of the game. Any collection would benefit from having one

Previous Model 42 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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MOT Mileage Trend

Gallery

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Auction House Headquarters

RM Sotheby's

1 Classic Car Drive, Blenheim, Ontario, N0P 1A0, Canada

Operating from Blenheim, Ontario, RM Sotheby's is a physical auction house handling high-end classic, historic competition, and collector cars. They conduct live auctions globally and offer vehicle consignment and private sales.

Insurance

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