Misallocation

1957 Cadillac Series 62 Custom Convertible

Sold at Mecum Auctions on March 20, 2025.

$198,000Confirmed

The price as reported by the house. Hammer price $180,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1957
Make and model
Cadillac Series 60, 61, 62 and 75
Generation
Cadillac 1954 to 1958
Gearbox
Automatic
Chassis
5762094161
Condition
Excellent (2)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

This car's full record

Against comparable sales

Above the middle half of 57 comparable sales, 246% over its top.

Middle half of sales$20,000 to $52,000
Median$30,000
Sales behind it57Likely

From 57 sales of the Series 60, 61, 62 and 75 Cadillac 1954 to 1958 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $20,000 and $52,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1957 Cadillac Series 62 Custom ConvertibleMecum, Sept. 26, 2026MecumSept. 26, 2026$195,000
1957 Cadillac Series 62 SedanBring a Trailer, May 28, 2026Bring a TrailerMay 28, 2026$8,057
1957 Cadillac Series 62 Hardtop SedanCars & Bids, April 16, 2026Cars & BidsApril 16, 2026$20,000
1957 Cadillac Series 62 SedanBring a Trailer, Feb. 27, 2026Bring a TrailerFeb. 27, 2026$25,000
1957 CADILLAC SERIES 62 CONVERTIBLEBarrett-Jackson, Jan. 23, 2026Barrett-JacksonJan. 23, 2026$46,000
1957 Cadillac Series 62 Sedan DeVilleMecum, Dec. 6, 2025MecumDec. 6, 2025$11,000
1957 Cadillac Series 62Mecum, Dec. 5, 2025MecumDec. 5, 2025$7,800
1957 CADILLAC FLEETWOOD SEDANBarrett-Jackson, April 24, 2025Barrett-JacksonApril 24, 2025$17,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
March 20, 2025Sold (this sale)MecumMecum$198,000
Sept. 26, 2026SoldMecumMecum$214,500