No reserve
Lot : 1051
Status : Sold
Scottsdale 2006
Location : Pending

1953 CADILLAC ELDORADO CONVERTIBLE

Vehicle's portrait

Whats Under The Hood?

Details

1953Year
CADILLACMake
ELDORADOModel
CONVERTIBLEStyle
8Cylinders
Transmission
0Engine Size
GasPower Source
BLACKExterior Color
BLACK/WHITEInterior Color
536259560Vin

Photos

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Description

Summary

331cid/210hp V8 with an automatic transmission. Older restoration to award winning specifications.

Details

In '53 the Eldorado Convertible was a very expensive Luxury automobile as the listing price was $7,750. A quite rare and sought after automobile as there were only 532 Eldorado convertibles built for 1953. The featured cllassic is #188/532 as documented on the cowl tag. Numered rare cars are in high demand and short supply. The car was purchased as an actual mile car. The odometer reads: 53,587 although being sold as 'mileage exempt.' One must really consider over the past 52 years how many have disappeared for various reasons: rusted out, wrecked, destroyed etc.. The rule of thumb would be that only 10 - 20% exist today and how many become available for purchase... This fine automobile is equipped nicely: 331 c.i. V8 with 210 horsepower, power steering for ease of driving, power windows, original AM radio, hydra-matic transmission, power top the fabric replaced

with the German harts-cloth to add the perfect elegant touch, black and white leather interior compliment the jet black exterior finish, glass windshield washer jar and gold plated emblems. Opportunities to own this type of a rare piece of precious metal do not come every day. This fine Cadillac is a real investment that you can enjoy parading around. Own a real American icon.

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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.

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