🇺🇲 Another 1948 Tucker Torpedo Model 48 4-door sedan.
One of 51 cars ever built; worth $2.9 million
Preston Tucker and his backers may not have made money from the 51 Tucker 48 “Torpedo” sedans built before his grandiose scheme to revolutionize the American automobile went sideways and ended up in history’s wrecking yard — but subsequent investors certainly have.
A buyer handed over a record $2.9-million (U.S.) for one of the 47 survivors in January to top the Barrett-Jackson Nevada auction.
The fast-talking Tucker raised $28-million in 1947 to launch his car company, Tucker Corp. The money came from a stock offering, down payments for dealerships and a bizarre scheme that sold accessories such as seat covers and radios to hopeful buyers, allowing them to get on a list to purchase cars that had yet to go into production.