366 c.i.d L-Head straight 8 cylinder engine, single carburetor, 3 speed manual transmission, 4-wheel servo assisted drum brakes, integrated headlamps, auxiliary driving lamps, front & rear chrome bumpers with overriders, wire wheels, dual side mount spare wheels, clock, adjustable windshield, leather seating, canvas top, cigar lighters, roll-up windows, external trunk, boot cover. History: The 1932 Pierce-Arrow Model 54 Convertible Sedan is a very rare, high-end luxury vehicle from the Depression era, with only 1,550 standard Model 54 chassis produced across all body types, of which only a small fraction received the LeBaron-designed convertible body style. These vehicles are highly sought after by collectors.