1932 Classic Cars for Sale

91 listings Median price: $43,995 Updated daily

Ford flathead V8 at $460, Lincoln KB V12 debuts, and the Depression reshapes what American cars could be

Ford changed the automobile industry on March 31, 1932, when the V8-powered Model 18 went on sale for $460. A flathead V8 in a car that cost less than most four-cylinder competitors was an engineering and manufacturing achievement without precedent. The engine displaced 221 cubic inches and produced 65 horsepower. It was rough, it ran hot, and early examples had serious reliability problems. None of that mattered. Henry Ford had put a V8 within reach of working Americans, and the reverberations of that decision lasted thirty years.

At the opposite end of the market, Lincoln introduced the KB, powered by a 448-cubic-inch V12 producing 150 horsepower. The KB rode a 145-inch wheelbase and accepted coachwork from Brunn, LeBaron, and Judkins. Roughly 1,515 KB chassis were built across 1932 and 1933. These are serious cars. The fit and quality of Lincoln coachwork from this period holds up against anything produced in Europe, and the V12 engine has a reputation for mechanical longevity when maintained correctly.

The Depression also claimed victims in 1932. Marmon ceased production after building only 400 Sixteens. Stutz built its last cars this year, though the company would not formally close until 1935. Franklin was surviving on thin margins. The compression of the American luxury market from roughly a dozen serious manufacturers to four or five happened faster than anyone expected, and 1932 sits at the exact midpoint of that collapse.

Notable 1932s: Ford Model 18 V8 Roadster Lincoln KB Brunn Cabriolet Cadillac Series 452-B V16 Aerodynamic Coupe by Fleetwood Packard 906 Twin Six Convertible Sedan Duesenberg Model J Figoni Convertible Coupe Pierce-Arrow Model 54 V12 Dual-Cowl Phaeton Marmon Sixteen Club Sedan
1932 in automotive history
  • Ford introduced the flathead V8 engine in the Model 18 on March 31, 1932, the first V8 available in a low-priced American car, priced from $460 for the Tudor Sedan.
  • Packard revived the Twin Six designation for a new 160-horsepower 67-degree V12 of 445 cubic inches, positioning it between the Single Eight and direct Cadillac V16 competition.
  • Marmon Motor Car Company ceased automobile production in 1932 after building an estimated 400 Sixteen units, a casualty of Depression economics and the failure of the V16 luxury market to sustain multiple competing manufacturers.

Market: Ford Model 18 V8 roadsters and phaetons in genuine unrestored or correctly restored condition trade from $35,000 to $90,000, with documented early production examples at the top. Lincoln KB coachbuilt cars in known condition sell from $120,000 to $350,000, with open Brunn coachwork consistently drawing the highest prices.

Buyer's note: On early 1932 Ford V8 cars, verify that the engine block casting date code is consistent with a March to December 1932 build, as later replacement blocks from the vast Ford parts supply are common and affect both authenticity and value.