Watch Jay Leno Lust Over One Of America's Greatest Creations

Those lusting after the heydays of American motoring must look at current domestic offerings with great disappointment. Not because they're terrible - far from it. The Chevrolet Corvette Stingray is a true world-beater and we know a thing or two about building luxury SUVs. But the rise of the crossover has killed niche segments like the personal luxury coupe and convertible, vehicles that were once a symbol of America.

Many desire the famed Lincolns and Cadillacs of the era but, according to Jay Leno, it's the Caribbean from defunct Packard that's the one to own. In his latest video, the famed car collector takes us on a tour of his 1956 example, a car he describes as "the last great car [Packard] made."

It's certainly impressive to look at. The imposing front end is festooned with chrome embellishments and boasts a striking egg-crate grille. The styling of this topless wonder is further enhanced by rich black/white paintwork and contrasting whitewall rubber. Just 15 examples wear this unique color combo.

You paid for all this style, though. As Leno notes, this bastion of excess would set owners back nearly $6,000 in the '50s. "My parents paid $19,000 for their house in 1959, which shows you how expensive this was." Monied owners were rewarded with impressive features. Things we take for granted today - power windows, seats, and top - shipped standard on the Caribbean.

It also brought plenty of innovation, with Leno highlighting one particular feature as the reason behind his purchase. "The torsion bar suspension...[provided] an amazing ride for back in the day." The unique setup comprises torsion bars that run the length of the car. "They will twist and turn to bring the car up to level. Leno demonstrates the feature by sitting on the rear; shortly after, the Packard lifts itself back to the correct ride height.

The 6.1-liter V8 produces 310 horsepower, more than enough for cruising duties. The two-speed automatic transmission sends power to the rear wheels.

Despite the muscular powertrain, the Caribbean was about luxury rather than outright speed. The cabin is lavishly equipped (by '50s standards) and trimmed with gorgeous materials. The engine-turned dashboard works beautifully with the sumptuous upholstery which is a particularly interesting feature in itself.

"The '56 had [switchable] upholstery. The cushions came out [and] were cloth on one side and leather on the other." Leno jokingly adds, "the only problem is when you hit the brakes it's like a pillow fight." Interestingly, this particular example has leather on both sides.

Out on the road, the Caribbean is the polar opposite of Leno's Austin-Healey Sprite. "This is such a hilarious car to drive. There's a complete absence of road feel," he notes. The former talk show host does admit the Packard is a stellar highway cruiser. "This is like the ultimate California car. Just perfect for cruising," he adds.