Ford Model 18 & 40

The Ford Model 18 and Model 40 are legendary for bringing the flathead V8 engine to the American public. The 1932 Model 18, known as the "Deuce," was the first to offer V8 power in a low-priced car. It was followed by the restyled Model 40 for 1933 and 1934. This combination of a powerful engine in a lightweight chassis made them an instant sensation.

These cars are the bedrock of American hot rod culture. The 1932 Ford, especially the 3-window coupe, is an icon that builders and collectors have prized for decades. They're sought after for their historical significance, simple mechanics, and the endless possibilities for customization or restoration. An original, un-cut steel body is the ultimate prize for many enthusiasts.

The market for these early Fords is extremely broad, with 46 sales in our data averaging $57,439. It includes everything from basket-case projects selling for a few hundred dollars to perfectly restored stock examples and six-figure custom hot rods. The car's history, body material (steel vs. fiberglass), and build quality determine its position within this wide value spectrum.

Based on 46 transactions, prices range from $202 for projects to $250,000 for concours-level restorations and elite custom builds.