Description: 1940Packard 120 Convertible in great shape! These cars are very rare and book out at $93,000, so this one is a steal! The Packard One-Twenty (also One Twenty and 120) was an automobile produced by the Packard Motor Car Company of Detroit, Michigan from 1935 to 1937 and from 1939 through the 1941 model years. The One-Twenty model designation was replaced the Packard Eight model name during model years 1938 and 1942.The One-Twenty is an important car in Packard's history because it signified the first time that Packard entered into the highly competitive mid-priced eight cylinder car market. Packard enthusiasts view the One-Twenty and the Six/One-Ten models as the tipping points in which Packard began to cede its hold as the premier American luxury automotive brand.The introduction of the One-Twenty (and later the Six/One-Ten models) was a necessary move to keep Packard in business during the final years of the Great Depression. The reason the company decided to forgo the development of a companion brand name to sell the less expensive models may have been linked to its single production line capability at its Grand Avenue manufacturing plant as much as to the expense of launching a new brand of automobile. By making the One-Twenty a Packard, the car could be brought to market quickly, and would afford buyers the cachet of owning a Packard. Don't miss your chance to own this beautiful Packard convertible! Please, call 800-231-3616 or 618-271-3000 for additional details.
