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£70,603

1930 Cord L-29 Cabriolet

RM Sotheby's • US • 4 Oct 2023

Market Position:

Lowest 20% of Past Sales

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£70,603

1930 Cord L-29 Cabriolet

US • 4 Oct 2023

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Vehicle Details

AI Listing Summary

This 1930 Cord L-29 Cabriolet, a technologically significant American CCCA Full Classic, was sold for $88,000 USD. It features a new red leather interior, carpets, and black convertible top fitted in 2021 and is known for its Alan Leamy-designed cabriolet coachwork with extravagant chrome detailing.

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Condition 

7

The car presents well with a resplendent pewter gray exterior and a red leather interior fitted in 2021. While the engine is a replacement from 1929, it's identical to the 1930 model. Original wood floorboards and intact serial number, body, and Harry Miller licensing tags suggest conscientious maintenance and authenticity.

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2928423

LHD

United States

HR049078

1930

Auction

£70,603

1930 Cord L-29 Cabriolet

RM Sotheby's • US • 4 Oct 2023

Market Position:

Lowest 20% of Past Sales

Track live values and receive listing alerts

Description

At its debut, the Cord Front-Drive (L-29) was the first major American production car with front-wheel drive, and it was easily the most innovative automobile that had been offered to the public in a decade, thanks to engineering input from legendary racecar builder Harry Miller.

The Cord’s front-wheel-drive system employed a Lycoming straight-eight that was reversed in the chassis so that the transmission was at the extreme front.

With no lengthy driveshaft to accommodate, renowned designers were free to pen low, rakish coachwork of dramatic proportions, all without compromising cabin space or comfort.

Unfortunately, the L-29 came to market just as the Great Depression buckled the automobile industry, and production of the car faded away in late 1931.

The cabriolet offered here, serial number 2928423, is a late-production 1930 example believed to have been delivered new to Southern California and originally purchased by Burbank resident Leonard Roos.

In 1974, it was purchased by ...

Price Analysis vs Other L-29s

£69,956

Lowest Price (Since 2020)

£140,966

Median Price (Since 2020)

£318,795

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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Lowest 20% of Past Sales

Compared to previous sales, the sale price placed this vehicle in the lowest 20% of past sales for the L-29.

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Lowest Price

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Average Price

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Rare Sale

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Previous L-29 Sales

MOT Information

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Latest MOT mileage:

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MOT History

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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.

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