1956 Dodge Royal Lancer

4dr Hardtop Sedan

8-cyl. 315cid/218hp 2bbl

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

$11,300*

+20.2%
#4 Fair condition#4 Fair

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1955-1956 Dodge Royal stats
Highest sale
$216,000
Lowest sale
$1,650
Most recent sale
$37,985
Sales
102

Photos

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1955 Dodge Custom Lancer 2-Door Hardtop
1956 Dodge Custom Royal Lancer Hardtop Coupe
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**Figure based on a stock 1956 Dodge Royal valued at $11,300 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

“Open the door on tomorrow!” shouted the ads. “Eyes widen, hearts quicken at this dream come true” claimed the sales brochure. With all-new body shells and the hemi V-8 bored out to 270 cid, the 1955 Dodge Royal improved on the prior 1954 cars by being wider, longer, lower, and more powerful. The wheelbase was stretched to 120 inches from 114 or 119 inches in the 1954 models, which gave Virgil Exner plenty of room to work a fabulous design. The modest six cylinder engine was boosted for a second year in a row, from 110 hp to 123 hp – a 20 hp increase in two years. The V-8 engine’s additional displacement added as much as 53 hp.

A new top-of-the-line Dodge Custom Royal entered the lineup with a more powerful standard V-8 and additional trim. The car also carried small “fins on top of fins.” Both Royal and Custom Royal models could be ordered as two-door Lancer hardtops and four-door sedans, while the Royal also had a station wagon and the Custom Royal had a convertible and hardtop sedan. Tri-color paint schemes were popular and eye-catching for both models.

More improvements for the Dodge Royal in 1956 included a new face, modified trim, larger fins, more colors, altered taillights, and a new stroked hemi V-8 that now displaced 315 cid. In addition, the Powerflite automatic transmission now had push-button selectors. The most powerful Dodge passenger car engine was the D-500 V-8, which used dual four-barrel carburetors to produce 260 hp – an increase in one year of 67 horsepower. In order to accommodate the additional power, a heavy-duty suspension was included with this motor.

One of the most interesting Dodges of the 1950s was the “La Femme,” which was available on the 1955 and 1956 Custom Royal Lancer hardtop coupe. The La Femme was marketed specifically for women. Factory extras included a pink and white color scheme (1955) or lavender paint (1956), special color-keyed upholstery, a cosmetics kit, a raincoat and cap, a matching umbrella in a special storage compartment behind the front seat, and more. Few of these cars were sold, which makes them particularly rare and desirable today. A similar Texan Lancer model was also sold in Texas and surrounding states.

Today, the 1955 and 1956 Dodge Royal and Custom Royal are terrific cars from mid-1950s Americana. The high-horsepower cars are particular fun to drive, and all of the models have a more subdued look than the next generation Dodges, which some buyers prefer.

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Common Questions

The value of a 1956 Dodge Royal Lancer can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $19,120 for a 1956 Dodge Royal Lancer in good condition with average spec.

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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