The last of the really long Eldorados and thought to be a surefire instant collectible right from the assembly line, this 1976 Cadillac Eldorado convertible has a mere 2,505 miles on it. No, really. The seller has it listed here on eBay in the perfect spot for this car: West Palm Beach, Florida. The seller has a buy-it-now price of $69,990 listed or you can make an offer.
First things first: that price. Ouch. Hagerty is at $35,900 for a #1 Concours car, as in the best of the best, Pebble Beach-ready absolutely perfect Eldorado convertible right down to every small detail top to bottom, inside and out. A seller can ask anything they want to for their vehicle, of course, but asking almost double the Concours value for a car, no matter if it has 0.25 miles, 2,505 miles, or 250,500 miles, seems a little defeatest to me. Thoughts?
This Eldorado appears to be in outstanding condition and in this Emberglow Firemist paint, it’s really eye-catching. Although, the bumper filler material appears to be a bit lighter both front and back. Those things catch my eye and they catch the eye of buyers when a seller is asking such a high asking price for what should be a perfect, white-glove car. They say that this car is all original so who knows what the story is on the lighter bumper filler color.
The interior appears to be in outstanding condition on this luxury droptop. The Dual-Comfort, six-way-powered, white Sierra grain leather seats look like new from what we can see. There don’t appear to be any flaws inside this Eldorado convertible that I can see, how about you? The trunk even appears to be surgically clean and in factory-fresh condition.
The engine compartment appears to be clean and tidy and somewhere under those hoses and wires is a Cadillac 500 cubic-inch V8 with 190 horsepower and 360 lb-ft of torque. With this Eldorado weighing in at a whopping 5,200+ pounds, you’ll need a lot of power but don’t expect more than 10 mpg. Not that anyone who would spend $70k on an Eldorado ragtop would worry about gas prices. Any thoughts on this Eldorado?
Somebody bought this and squirreled this “last of the GM convertibles!” away for a long time to finally cash in, I just wonder if anyone will actually pay that much!
The ebay listing has ended: “Best offer accepted.” Guess we’ll just have to wonder how close they got to the $69,990.
I’ll be stoked to see what the final price was. Florida is where the Caddy bumper filler goes to die. In the 90’s you would see immaculate 70’s models with the filers completely disintegrated. It didn’t seem to affect the BOP of the era. But In the parking lot of every buffet there would be a cadre of 4 door Cadillac models with the fillers missing front and back.
This is for sure a lottery car for me. At $35,900, I would daily this for ten years. About the same as a base Jeep Wrangler. The maintenance would be rough for the first year, but look at what you’re getting.
Double that price it becomes a museum piece. If you drive it, the value drops. If you keep it and look at it, that’s cool but it’s not going to do the car any favors in the long run either. Next guy has rubber to rebuild, leaky brakes, etc. it’s almost better to ruin the car by driving it instead of keeping it preserved. They really don’t last forever. My 75 Grandville convertible finally just wore out after 200k on top of the 89k it had when I bought it in 1989.
The 78 town car I inherited from my grandfather had all the paint baked off the bumper fillers, but they weren’t disintegrating. Funny short story, my grandparents’ house faced west and they had a carport. About three feet of the trunk had all the paint baked off, but the rest looked great. My grandfather said that you couldn’t keep enough wax on it.
I have always liked the 9th generation Eldorados, and have owned several. I currently have one in my collection. GM made 14,000 Eldo convertibles in ’76 . Sales went up 150% more than in ’75 because it was supposed to be the “last convertible”. Much like Silver Anniversary Corvettes, a fair number were squirrelled away as investments, and they do appear with some regularity.
Prices are all over the map for driver-quality cars, with nicer ones in the $20-45K range. The really mint, low milers are getting about double. In the last year or 2 several with similar mileage have sold on BAT for over $60K.
When I checked Hagerty Valuation for ’76 convertibles in this condition,I saw values listed as over $100K. There are other(concours cars) currently advertised at $90K and above.
I think someone may have got a good deal here.
In the days before water-based automotive paints, the paint applied to bumper fillers contained a flex additive that sometimes altered the color and finish of the paint. It was more obvious with some shades than others. I imagine “Firemist” paint was very difficult to match.
Saw this on another site. Didn’t sell there ether
What options does it have? Mine has remote light indicators, fuel injection, and a thermometer beside the drivers side mirror next to all the chrome. Reaches 100 degrees in a heartbeat.
Actually, you’d be better off w/out the FI today. Those sensors, which all seem to need at one time or another, are rare and quite pricey.
70,000 miles and no problems so far
Can the R12 charged a/c still be expected to blow as cold as it did in ’76 after all this TIME? Or after almost 5 decaded can it leak out from just sitting – hoses dry out, etc? & also, i believe, it is important to use the compressor regularly year round even in winter to keep it lubricated – or something.
Fell into a deal on a ’64 Eldo convertible in 1974. Owned by an elderly woman and only had 28K on the odometer. I could tell it hadn’t rolled over because of the condition of everything from engine to interior. GORGEOUS metalic green with green leather interior. Sparkling stainless and perfect matching green top. Just needed tires… I drove it away for $800.00. Sure do wish I still had it today. Then again, everyone on this blog has similar stories to be sure.
I’ve had too many nice cars and nothing left now but photographs. $ long gone. Won’t sell any more. ’76 Eldorado conv. ’73 AMX 401 & Pierre Cardin, and ’58 Impala hdtp. HANG ON TO THEM!
I hope they got close to the asking price. It makes ours with 15K miles worth way more than we paid. But I guess it doesn’t matter. Ours is not for sale. Unless someone wants to pay 69K… LOL