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Last post on Dec 08, 2009 at 6:30 PM
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#513 of 520 1962 Eldorado - what's it worth?
by parm
Oct 03, 2009 (8:12 pm)
Since I'm the one who started this thread, I've resurrected this discussion - and here's why . . . .
http://cgi.ebay.com/ebaymotors/1962-Cadillac-Eldorado-Convertible_W0QQitemZ23038- 2833903QQcmdZViewItemQQptZUS_Cars_Trucks?hash=item35a3e310ef&_trksid=p4506.c0.m2- 45
When I started this thread several years ago, I was trying to buy this car. I don't mean one like it, I mean THIS specific car. I came close, but no cigar. That was one wife ago and when both of my kids were, well . . . . kids. Now, both are in college - which with "stereo tuition payments" partially explains why I'm no longer "gah-gah" over this car.
Here's my question. What's it worth today? Here's a little history. The previous owner, when I was trying to buy it, purchased it for $16K at the Kruse 1996 Labor Day auction in Auburn, IN. At that time, it had undergone a restoration around 1990 - though certainly not a thorough, frame-off effort. More of a sympathetic one in all likelihood. The owner back then readily admitted to me that he probably paid too much but the car just "spoke to him" while it was on the auction block. When I came across it in 2001, it was in a museum in Kokomo, Indiana and I offered around $13-14K. It did eventually sell later that year for around $16K. So now, its back on the market and is located about an hour from me. It's condition is pretty much the way I last saw it in 2001. It's not deteriorated, but hasn't been seriously touched either. The car does NOT have A/C.
Like I said, I'm no longer in the market as this car is out of my system.
It was on ebay last week and ended with a high bid of $15,110 which didn't meet its reserve. It has been relisted and can be purchased with the "buy it now" option for $35K which is ridiculous, I know.
Personally, I think it's probably still worth around $16K (maybe 20K if the moon and stars align just right), but what does everyone else think?
#514 of 520 Re: 1962 Eldorado - what's it worth? [parm]
by MrShift@Edmunds HOST
Oct 04, 2009 (9:03 am)
Yes, $16K to $20K seems about ballpark for this car. Actually given the 2009 economic situation, the eBay bids were right on the mark.
#515 of 520 Re: 1962 Eldorado - what's it worth? [parm]
by andre1969
Oct 05, 2009 (7:22 am)
Like I said, I'm no longer in the market as this car is out of my system.
Funny you'd say that, because I've found that the '62 Cadillac has starting to get back into my system! Well '61-62, actually, as I'm not that picky and like both years.
#517 of 520 On the way to Hershey...
by andre1969
Oct 12, 2009 (2:19 pm)
this past Saturday, I saw a '61 Caddy 6-window hardtop. I passed it, in my '79 5th Ave, on I-581 going over the Susquehanna River. Nice looking car, but strangely, it seemed kinda tiny to me...not an adjective normally associated with a '61 Caddy!
Well, when we got to the Hershey fairgrounds, eventually we found that car there, and it turns out it was one of those stubbier "Town Sedan" models. I think they were renamed "Park Avenue" for 1962? Funny how it's still kinda long, at 215" versus 222" for the normal models, yet losing that 7" just throws the whole proportioning off.
Still, a very nice car!
#518 of 520 Re: On the way to Hershey... [andre1969]
by euphonium
Oct 12, 2009 (4:47 pm)
I associate "Park Avenue" with top of the line Buick.
#519 of 520 Re: On the way to Hershey... [andre1969]
by ghulet
Dec 07, 2009 (9:53 pm)
those are a little rare (no breakdown of production of Town Sedans of 6W v. 4W versions) for MY '61:
Town sedan (DeVille-Series 6300-trim, only): 3756 produced
6200 4-window: 4700
6200 6-window: 26216
6300 4-window: 4847
6300 6-window: 26415
Sorry, I'm a geek with my car-geek book handy.
'62s production total for Cadillac's handy-sized sedan was 2600 (pretty sure they were all 4w), available in both Series 6200 (referred to as 'Town Sedan') and 6300/Deville (referred to as 'Park Avenue').
1963 had only production of 1575, all of which were model 6389D (DeVilles, four-window), 'Park Avenue'.
The loss of seven inches in length netted a loss of a whopping 20-45 pounds. Nothing like seven inches would weigh on my own body.
#520 of 520 Re: On the way to Hershey... [ghulet]
by andre1969
Dec 08, 2009 (6:30 pm)
1963 had only production of 1575, all of which were model 6389D (DeVilles, four-window), 'Park Avenue'.
I didn't realize they carried that stubby body style over to 1963. And yeah, I remember looking in my old car book too, and noticing that the loss of 7 inches only yielded that 20-45 lb loss. When you figure that's 7" less frame, 7" taken out of the rear quarters, trunk floor, and trunk lid, it just seems to me that it would be more than that!
And if it weighed that much on your own body, you'd pass out from low blood pressure every time you got excited!