1958 CADILLAC SERIES 62 CONVERTIBLE
Whats Under The Hood?
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Description
Summary
Powered by a 365/310hp V8 engine with a 4-barrel carburetor paired with a 4-speed dual-range automatic transmission. Equipped with a rebuilt engine, transmission, rear end, steering box and radio.
Details
This rotisserie-restored 1958 Cadillac Series 62 is powered by a 365/310hp V8 engine with a 4-barrel carburetor paired with a 4-speed dual-range automatic transmission. The components rebuilt were the engine (1959 block), transmission, rear end, steering box, radio, clock (quartz), brakes and suspension. All brake lines, wiring and rubber were replaced. An electric fuel pump was added near the fuel tank and the mechanical pump's inner components were removed. The entire undercarriage is coated with POR-15. The interior features a 6-way power seat, signal-seeking radio with a power antenna and fog lamps. There were 7,825 1958 Cadillac Series 62 models made. The seller states the Autronic Eye and rear power seat solenoid are not functional. A new top will be shipped to the buyer subsequent to the sale (installation not included). The seller states the transmission upon initial start up does not respond immediately and is intermittent. The rear axle seal is leaking causing the rear left brake to temporarily lock up. The brake light switch failed, so there are no brake lights.
Financing
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Monthly payment of $549.20 based on a purchase price of $50,000.00 with 15% down and 9.47% APR financing for 120 months. Monthly payment of $926.28 based on a purchase price of $100,000.00 with 20% down and 9.35% APR financing for 144 months. Monthly payment of $1,650.77 based on a purchase price of $200,000.00 with 20% down and 9.29% APR financing for 180 months. Rate with optional AutoPay (ACH Debit) discount. AutoPay discount is only available prior to loan funding. Rates without AutoPay discount are 0.25% higher. Best rates are available for credit scores of 700 and above. TT&L may also be financed. Not all applicants will qualify. Rates and terms are subject to change without notice.