1937 Classic Cars for Sale
Cord 812 Supercharged arrives, Pierce-Arrow closes its doors, and the supercharged era reaches its American peak
1937 was the year the most interesting American cars were also the most doomed. Cord added a Schwitzer-Cummins centrifugal supercharger to the 812 series, pushing output to a claimed 170 horsepower and adding those exposed chrome exhaust pipes that became the model's most recognizable feature. The company collapsed in August 1937 after Cord Corporation's financial structure unraveled. Total 812 production reached roughly 1,146 units across all body styles, making every variant genuinely rare.
Pierce-Arrow built its last cars in 1937 and went into receivership in December. The Buffalo coachbuilder had survived since 1901. Its final Silver Arrow derivatives and custom-bodied Twelves represent the end of a lineage with no successor. Finding a documented, complete Pierce-Arrow from this year requires serious research and a healthy tolerance for expensive mechanical restoration.
For the broader market, 1937 was a strong recovery year cut short by the sharp recession of late 1937 and 1938. Cadillac, Packard, and Lincoln continued volume production with increasingly sophisticated bodies. Buick's sales reached their best numbers since 1929. The last true American classics and the first modern American cars coexisted on showroom floors for the last time.
- Cord 812 Supercharged cars with the exposed chrome exhaust pipes were produced in estimated quantities of under 300 units across all open body styles, making them among the rarest volume-production American cars of the decade.
- Pierce-Arrow ceased production in late 1937 after 36 years of continuous manufacture; the company's assets were liquidated in 1938 with factory equipment sold at auction.
- U.S. auto industry production peaked at roughly 4.8 million vehicles in the 1937 model year before the recession of 1937-1938 cut output nearly in half within twelve months.
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Market: Cord 812 Supercharged Phaetons are among the most sought prewar American open cars, with documented examples trading from $200,000 to over $400,000 at major auctions. Beverly sedans with working supercharger systems bring $80,000 to $150,000. Pierce-Arrow Twelve cars from this final year carry significant premiums for documented provenance, generally $100,000 to $300,000 depending on coachbuilder.
Buyer's note: On a 1937 Cord 812 Supercharged, have a specialist confirm the supercharger impeller condition and verify the chrome exhaust stacks are original fabrications rather than later reproductions, as replacement pipes vary substantially in metallurgy and dimensions.