To be OFFERED AT AUCTION at The Raleigh Classic's Winter Event December 2nd-3rd 2016. Estimate: $40,000-$45,000 This rare Studebaker is painted in the original lemon lime color and has been with the same owner for the last 20 years. The frame has been restored with all drive components rebuilt or replaced with new. The 259 engine was professionally rebuilt (Hannah Machine Works) and received all new components or rebuilt or returned crank shaft and cam shaft. All upholstery was done professional by Southeastern Studebaker and cross stitched in the original pattern. The brake system was completely rebuilt and new power brake booster installed. The only reason the owner is selling is because his age forces reduction of his Studebaker Collection.