How much is a Tucker 48 worth?

How much is a Tucker 48 worth?

Considering Tucker 48 ‘Torpedo’ sedans will trade hands for about US$2 million, give or take a few hundred thousand – that is, when they do trade hands, which is very rarely; only 51 were ever built, before the automaker folded – that’s not too ambitious a number.

How many Tucker 48 still exist?

Preston Tucker’s car company was responsible for 51 cars being built. Of those, we know that 47 “Tucker ’48s” have survived and we know where all of them are. Sometimes, they come up for sale and fetch millions.

What was the name of the car with three headlights?

1948 Tucker Torpedo The Tucker’s legacy is huge, and evidence of its extravagance are right on the front of the car in the form of three headlights, with the central one actually moving with the wheels to help see through turns.

What happened Tucker’s car?

On December 26, 1956, the visionary carmaker Preston Tucker dies of lung cancer. He was just 53 years old. Tucker began his career in the auto industry as a mail messenger at General Motors.

How much did a car cost in 1948?

Buying power of $15,000.00 since 1935

Year USD Value Inflation Rate
1947 $25,455.67 49.78%
1948 $27,738.92 8.97%
1949 $30,221.67 8.95%
1950 $30,384.24 0.54%

What was the Tucker car?

The Tucker 48, commonly referred to as the Tucker Torpedo, was an automobile conceived by Preston Tucker while in Ypsilanti, Michigan and briefly produced in Chicago, Illinois in 1948.

Why did they stop making Tucker cars?

Rather, the collapse of the Tucker Corporation can be attributed to two problems. First, lack of financial planning and refusal to utilize conventional loans scared away venture capital. Second, the S.E.C.’s determination that preselling car features was illegal left the Tucker Corporation financially bankrupt.