Cadillac Fan
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Posts posted by Cadillac Fan
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1 hour ago, rwchatham said:
Ed im sure you are correct , it was missing its cowl tag would that hurt its value or not really a big deal ?That is interesting as this car (the combination of 42xx style convertible coupe body with 43xx sills) was, according to the Cadillac Database, not made. (Yes, I know that is not definitive). But it would give me pause.
see discussion under 4235:
https://www.newcadillacdatabase.org/Historical/Automobiles/V16
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If RM sold a 25 year old restoration reproduction roadster for $175k, what will this go for?
The dealer in AZ was asking $900k last year. It was down to $750k early this year?
Any guesses?
mine: hammer at $460k
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9 hours ago, John_S_in_Penna said:
Thanks for the good research, Cadillac man.
Evidently this very car sold for $31,900 at
RM-Sotheby's 2021 Hershey auction.
When all those car fans assembled at the auction
bid UP TO $31,900--and others bid less--that
pretty clearly says the car may not be worth $38,500.
I believe that a well publicized auction is retail. But there is a cottage industry of dealers who purchase cars at well known auctions and seem to turn a profit. ( though some of their cars sit for years and years).
It surprises me, as I would think most people in the hobby are aware of the major car auctions and would just bid the car past the dealer. As opposed to paying the dealers profit at a later date.
I am not anti-dealer, I just don’t understand paying more for something that was publicly available in the last month or year.
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1 hour ago, John_S_in_Penna said:
Seeing the pictures now, I think the $10,000 price
wasn't unrealistic. If I were selling it, I would perhaps
ask $9000 and be prepared gradually to go down to
$6000. In today's strong market, you may not have to
go down that far.
The car on Bring-a-Trailer that evidently sold for $24,000
went very high. It had only 8000 miles and was in the
popular color of red with a white top. Low-mileage cars
shouldn't bring such a big premium, but someone must
have thought it was worthwhile.
Things are crazy. Three years ago this was an $18-20k car.
https://bringatrailer.com/listing/1992-cadillac-brougham-21/
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I bet that if you put it on bring a trailer, in the next month, you will get north of $10k.
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Appraisal for $102k in December 2020.
crazy.
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Try bring a trailer. $10k might happen. All depends on condition.
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35 minutes ago, Bhigdog said:
That said, can,t we agree that is the fuglyist attempt at improving an already near flawless design.....bob
No. The Ring brothers version is uglier:
https://www.motortrend.com/news/sema-ringbrothers-unveils-1948-cadillac-ats-v-bits
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Why street rod a nice (non rusty) complete car? Because it makes financial sense. My guess is that the bill was at least $400k to build it. ( could be over a million). Why pay someone $100-250 an hour to fix up a rusty junker and add 6 months to the project. Waste of time and money when you can get a nice car to start with for $30-50k.
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Hyman was asking $150-180k for one. In the last five years.
Running, driving, with new tires, my guess is that a dealer asks $125-140k.
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https://www.hemmings.com/classifieds/cars-for-sale/cadillac/341b/2562312.html
If real, this seems to be a very good deal.
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25 minutes ago, alsancle said:
Clark Gable is in the same group with Hitler, Goering, Jack Dempsey, Rudolph Valentino and others. About 10 cars are attributed to their ownership for every one they actually owned. And yes, I realize Hitler owned zero.
Yes, but I think that the difference between the two prices is primarily that the “Clark Gable” car is believed to be an authentic twin six and not an assembly of parts. Maybe not.
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looks can be deceiving.
The clark gable 32 twin six sold for $1.2 million.
Hyman had this one(made from an 8 cylinder body) for under $400k.
https://hymanltd.com/vehicles/6395-1932-packard-twin-six-coupe-roadster/
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Didn’t he indicate that he had a 30-31 Cadillac v16 roadster in a building attached to a building that he could not get out.
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Kyle Busch
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The price is not out of line for a quality example, which the above car is not.
this lasted about a week:
https://classicpromenade.com/for-sale/1947-cadillac-series-75-touring-sedan/
And I presume sold for asking.
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1 hour ago, 58L-Y8 said:
The public outlook was clearly different then:
1949: 1.04M
1950: 1.37M
1951: 1.25M
1952: 827K
1953: 1.35M
1954: 1.15M
Production numbers, Standard Catalogue of American Cars, 1946-1975, Edited by John Gunnell.
Ford out sold them in 1949, the first year of the design. Post war America you could sell anything new.
Regardless, a Toyota Camry is generally the top selling “car” over the last 20 years. That does not make it a wonderfully stylish car. Quite the opposite.
Styling is an OPINION. Everyone has one.
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I don’t get paying $100 million plus for a Damien Hirst skull.
I don’t get paying $2 million for a lead sled by some backyard customizers.
I don’t get paying $2 million for a dead actor’s 930 turbo.
But I know there are those that think these things are worth more than the sum of their parts.
Is there a difference between the v16 Cadillac with the reproduction roadster body and a factory v16 roadster? To most everyone they are the same car. But the history of the factory bodied car adds value.That is the case here. The history of ownership adds value. F1 has a world wide audience and is growing. Plus the world is awash with money.
I don’t think it will be stratospheric, but 3-5 times what a similar one would go for. And less than an alloy gullwing.
It will certainly be less that the $30 million paid, 9 years ago, for the Mercedes w196, a car he won the championship in (1954).
My guess is that it ends up in Canada next to a 275 NART.
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18 minutes ago, 1937hd45 said:
One of 1,858 built, if nobody told you who owned and drove it how would it differ from the rest?
Bob
We get it. Your not bidding.
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2 hours ago, 1937hd45 said:
Will it bring more than the Hirohata Mercury, a car more people can relate to?
Yes. A 50s lead sled has an aging audience in the US. This has a world wide audience.
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My guess is a minimum of $3 million. I could see as high as $5 million.
Many in the F1 world will be interested.
1930 V16 Cadillac roadster
in "Not Mine" Automobiles For Sale
Posted · Edited by Cadillac Fan (see edit history)
I agree. Even if done at the factory and the only 42xx/43xx convertible coupe I don’t think a premium would be paid.
I would choose a “plain” production sport phaeton if ordering new.
The history of what actually happened is interesting, even if no additional value can be derived from it.