1948 Chrysler New Yorker

4dr Sedan

8-cyl. 323.5cid/135hp 1bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$13,000*

+10.2%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$5k$10kJan 2025
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1946-1948 Chrysler New Yorker stats
Highest sale
$181,500
Lowest sale
$7,150
Most recent sale
$47,078
Sales
39

Photos

31 photosImages may not reflect selected vehicle.

1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
1948 Chrysler New Yorker 2dr Convertible Courtesy of Hyman Ltd.
insurance

Protect your 1948 Chrysler New Yorker from the unexpected for only $160 per year**

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**Figure based on a stock 1948 Chrysler New Yorker valued at $13,000 with OH rates with $100/300K liability/UM/UIM limits. Actual costs vary depending on the coverage selected, vehicle condition, state and other factors. Hagerty determines final risk acceptance.

Model overview

Model description

Chrysler was one of the first automakers to suspend production in 1942, switching its manufacturing capabilities from civilian orders to the war effort, and it was among the last to return to civilian production in 1945. As a result, like all other automakers, the 1946 models were virtually unchanged from the short-run 1942 models. Chrysler also carried the 1946 model year through to 1948 essentially unaltered in an attempt to meet the demand generated by four years of no civilian production combined with the new buying power of returning servicemen.

Available in a wide variety of styles, the New Yorker was Chrysler’s high-end car for 1946. Body options included a line of two-door models including a three-passenger coupe, six-passenger club coupe, the convertible, and a six-passenger sedan. Four-door options included a six-passenger sedan. Additionally, buyers could opt for the wood-trimmed Town & Country styling that was available in the four-door sedan or two-door convertible. Another available trim level was a plaid interior bearing the “Highlander” nameplate.

The Chrysler New Yorker engine was a 323.5-cid inline eight-cylinder with a 135 horsepower rating. The transmission was an interesting feature, with a Fluid Drive torque converter mated to a standard clutch and a Presto-Matic semi-automatic transmission. With this transmission and overdrive combination, the driver selected a low range or high range using the clutch, and the transmission automatically applied overdrive to either of these, yielding four effective gears. The Fluid Drive torque converter allowed the driver to hold the car at a stop without using the clutch, in order to accelerate as an automatic.

For 1947, the Town & Country package was limited to the two-door convertible, which was the only significant change for that model year. In 1948, the New Yorker Town & Country package was also offered in a new two-door hardtop body, but only seven of these cars were ever manufactured.

Four-door sedans amounted to about 75% of New Yorker production in this era, with a total of about 52,000 cars. Additionally, about 10,000 club coupes, 8,300 Town & Country convertibles, 3,000 conventional convertibles, 699 three-passenger coupes, and 545 two-door sedans were made between 1946 and 1948.

Collectors will prefer the Town & Country models for their wood and high-line trim features. If you can find a single-row three-passenger coupe or two-door sedan, those should hold some value for their rarity. The most rare and collectible New Yorkers of this era would be the 1948 two-door hardtop Town & Country package, but they are predictably difficult to find and rarely are offered for sale publically.

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Common Questions

The value of a 1948 Chrysler New Yorker can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $18,775 for a 1948 Chrysler New Yorker in good condition with average spec.

The highest selling price of a 1948 Chrysler New Yorker at auction over the last three years was $47,078. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1948 Chrysler New Yorker at auction over the last three years was $7,150. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 6 1948 Chrysler New Yorkers sold at public auction.

The most recent auction sale of a 1948 Chrysler New Yorker was $47,078 on March 19, 2025 by Bonhams Cars Online.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.

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