Postwar Dream Boat: 1946 Oldsmobile 98 Convertible

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Imagine you are one of the hundreds of thousands who served in the United States Armed Forces during World War II.  Somehow you have survived the horrors of war and are now headed home to re-start your life.  What better way to spend the pay you earned defending your country than to purchase a brand-new convertible and drive it until the wheels fall off?  That may be exactly what happened with this 1946 Oldsmobile 98 convertible for sale on eBay in Plano, Texas.  This long and lean drop top is packing a locked-up straight eight engine, and the rest of the car has seen better days as well.  However, it is complete, and the price is right at a reasonable $9,000.  Is this a postwar project worth taking on?  Thanks to T.J. for this droptop find!

Before hostilities ceased, America’s automobile manufacturers were already planning for the day that sales could continue.  New models were being designed, but wartime constraints prevented them from taking the preliminary steps to manufacturing freshly designed cars.  The dies and all the rest of the machinery needed to resume production of the 1942 versions were, however, sitting at the ready.  After V-E Day, the consensus was that finishing the war in the Pacific would take at least another year and cost over one million casualties.  American was determined to finish the job despite the grim forecast of an overwhelming butcher’s bill.  The unexpected news of Hiroshima and Nagasaki’s destruction and Japan’s subsequent surrender set off a flurry of action in response.

With the end now here, wartime contracts were being cancelled in a wholesale fashion.  Factories were being cleared of whatever war materiel they were producing and the machinery dedicated to that end, and companies were scrambling to resume production of whatever it was they were making before the attack on Pearl Harbor.  There was a staggering amount of money on the table.  Most of the world would need to be rebuilt, GIs were returning home with a lot of hard-earned pay sitting in their bank accounts, and a public that had little to spend their money on since 1941 was eager to put a very long period of bad times behind them.  America was back in business in a big way, and we were the only country that was in a position to quickly re-enter full production.

Oldsmobile resumed production of their warmed-over 1942 models on October 15, 1945.  A few changes such as one-piece front bumpers and minor trim changes were all customers had to differentiate their new vehicles for the relatively few 1942s that were produced.  None of that mattered as it was perhaps the best sellers’ market American car dealerships had ever seen.  Cars such as this 1946 Oldsmobile Ninety-Eight (a Series 90 car with an 8-cylinder engine) were sold at full markup and probably a bit more added on.  One can imagine a hefty premium being charged for a top-of-the-line convertible in a market such as this, where even dumpy low-line sedans sold for full price.  This seller’s market lasted until the late forties, when customers started clamoring for something new and the few makes that were delivering were seeing record sales.

Despite its high-end origins, this Oldsmobile convertible cries out for a full restoration.  According to the seller, this drop-top was stored in a barn for forty long years.  It was the 859th out of 874 produced in this body style.  The seller speculates that the car was stored in running condition due to the condition of the oil.  Sadly, the engine is stuck on this straight-eight-powered car.  That engine was backed by a Hydramatic transmission, and the original purchaser must have worn out a pen checking the boxes for various options.  It is equipped with power windows, a power seat, a power top, a heater, and a radio.

Those who are interested can examine the exhaustive collection of photographs the seller has linked to in the ad.  Unlike many of the vehicle ads we encounter on Barn Finds, this seller’s ad delivers.  It shows a car that would be a lot of work to restore, but it is complete, and nothing stands out as too horrible to tackle.  Oldsmobile’s status as an orphan make may hamper the value of this vehicle if fully restored.  However, what you would have when you finished is a fine example of America’s postwar best, with all the hope and optimism that came with it.  Just to get a glimmer of that postwar optimism would be worth whatever it took to get this car back to its showroom self.

Would you take on a project like this Oldsmobile convertible?  What do you think it would cost to restore this one to perfection?  Please share your thoughts in the comments.

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Comments

  1. Yblocker

    SOLD. Somebody’s got a long row to hoe

    Like 7
  2. Tbone

    I think it will be pretty fantastic when done

    Like 12
  3. Bob Mck

    That is one rare car! Not my personal taste, but it will be phenomenal if restored properly.

    Like 6
  4. Chuck Foster Chuck Foster

    According to seller’s web site it’s still for sale, I love these post war convertibles, but I have way too many projects. http://WWW.PETESCLASSICCARS.COM

    Like 1
  5. Franko

    Nice piece of Americana. Hope the new owner is using his/her gym membership,that front bumper must weigh over 100lbs. My gut feeling is that the engine will turn with alittle help. Power windows and seat,wow.

    Like 0
  6. GREGORY PLATE

    Born june of ’50. This was like the cool old cars you’d see occasionally when I was little. Everything was starting to get elongated and the lines of the car were getting shaper and straighter. Don’t get ,me wrong, as a kid I waited patiently for the guy next door to get his new Merc. I don’t know, but he worked for them and got a new one as it was released. So I actually got to see them on the 1st day. Anyway, these others were like, maybe a 95 – 2? Camero is today. Bad boy, but he got left behing as “tastes changed”… Wow sorry. Yes! I think this car is worthy of a total restoration. A pretty work-intesive job to be sure and pretty expensive too. When they bring me my Publisher’s Clearinghouse “giant check” tomorrow afternoon, I’ll be looking at these early ’40s with bad intent.

    Like 0
  7. MLM

    This is one very desirable car. Few were made and even fewer survived and I have been wanting one of these for years. I knew this one wouldn’t last long and couldn’t blame the person that brought this because this is going to be one nice car when finished.

    Like 3
    • Mark E. Switzer

      An extremely RARE Oldsmobile !!! With less than 1,000 produced back in 1946 , it’s very likely that fewer than 50 may exist today ! A complete restoration should be the order of the day . Cost ? Yes , it’s going to take a lot of time and money to restore this ’46 Olds , but the new owner will reap the REWARDS in a BIG WAY !! Happy Motoring

      Like 3
  8. John Brockage

    Unfortunately its an Oldsmobile not a Buick. They share the same basic body but Buick streamlined this bathtub body by headlight placement and front fenders extending to back fenders plus better looking tail lights. Buick had a Overhead Valve straight eight that was more powerful and by far a superior engine compared to the Olds Flat Head engine.

    Like 0
  9. George Birth

    I think the price of $9K for the condition this one is in, is a bit of a reach. But to each his own. No telling the condition of the floors cosidering the top.

    Like 1
  10. 62Linc

    A steal at that price. Complete mostly rust free example of a rare convertible.

    Like 3

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