For Sale in Vermont! A 1931 Studebaker Dictator with rumble seat. This model is also a Cabriolet or convertible with only two doors. The Dictator was introduced by Studebaker in 1929 at a cost of $1,265.00. Engine is a straight eight with 254 cubic inch displacement and runs very well with a three speed transmission. Exterior color is red, interior white. The car was restored in 1995 and then driven on the Great Race from Ottawa to Mexico City.