David Conwill
Call Me a Cab
- Messages
- 2,854
- Location
- Bennington, VT 05201
Two surprises, one, as Lizzie notes, I thought Packards were in the same "luxury" space as Cadillac and, two, all the 2019 inflation-adjusted prices seam crazy low, so that says that new car prices have greatly outstripped general inflation levels.
The cheaper Packards were more in La Salle/Buick territory. A lot of people argue this cannibalized the prestige of the more-expensive cars. Cadillac tried to avoid this by introducing the La Salle brand and Packard attempted, quite belatedly, to spin off the junior-series cars into a separate "Clipper" marque, c. 1955, but it wouldn't take. Then they took the suicide pill that was Studebaker and the rest is history.