Misallocation

1954 Cadillac Eldorado Convertible

Sold at Mecum Auctions on March 20, 2025.

$66,000Confirmed

The price as reported by the house. Hammer price $60,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1954
Make and model
Cadillac Eldorado
Generation
Eldorado 1954 to 1958
Version
Eldorado 1954 to 1958 (base)
Gearbox
Automatic
Chassis
546266670
Condition
Good (3)Likely

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

Against comparable sales

Inside the middle half of 15 comparable sales.

Middle half of sales$25,475 to $61,500
Median$37,000
Sales behind it15Likely

From 15 sales of the Cadillac Eldorado 1954 to 1958 (base) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $25,475 and $61,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1954 Cadillac Eldorado ConvertibleMecum, May 15, 2026MecumMay 15, 2026$93,000
1954 Cadillac Eldorado ConvertibleMecum, May 17, 2025MecumMay 17, 2025$69,000
34-Years-Family-Owned 1955 Cadillac EldoradoBring a Trailer, Sept. 7, 2026Bring a TrailerSept. 7, 2026$37,250
1956 Cadillac Eldorado Seville HardtopMecum, Jan. 13, 2026MecumJan. 13, 2026$37,000
1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 31, 2024Bring a TrailerDec. 31, 2024$30,100
1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 24, 2024Bring a TrailerDec. 24, 2024$24,950
50-Years-Family-Owned 1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 10, 2024Bring a TrailerDec. 10, 2024$19,940
1956 Cadillac Eldorado SevilleRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$73,000