Back in June, we took a look at this gorgeous 1958 Cadillac Series 62 Convertible just a few weeks prior to its moment in the spotlight at a recent Mecum Auctions event. Now, we’re doing a follow-up, as this Caddy managed to beat expectations by a rather substantial margin.
According to Mecum Auctions, this Cadillac Series 62 sold without reserve as Lot V28 at The Eddie Vannoy Collection 2020 event held last month. Although it was estimated to fetch between $100,000 and $130,000, it ended up selling for a substantial $143,000.
That may seem like a rather hefty sum, but it’s worth revisiting what makes this machine so appealing. The 1958 model year came with several styling updates for the Cadillac Series 62, including a new cleated grille, which works as a fantastic complement for the bright trim treatments found front to back. The 1958 model year also introduced quad headlamps, altering the front fascia in a considerable way.
This model is fitted with chrome Sabre wheels, which are wrapped in Coker American Classic Wide Whitewall tires. The exterior is draped in Alpine White paint, and the power-operated top is done in Blue.
The interior continues the white-and-blue color scheme, while working air conditioning keeps it comfy when the sun is blazing. An AM radio and an in-dash clock are also equipped, while power windows and a power driver’s seat round out the cabin gear.
Power is sourced from a 365 cubic-inch V8 engine with three two-barrel carbs, which mates to a Hydra-Matic automatic transmission. Power steering helps it turn.
All told, this 1958 Cadillac Series 62 Convertible is a gorgeous piece of American luxury history. It’s also a multi-award winner, and as one of just 7,825 Series 62 convertibles built for the 1958 model year, it’s relatively rare as well. We can’t wait to see how equally pristine classic Cadillacs perform in future auctions, so stay tuned.
In the meantime, subscribe to GM Authority for more Cadillac Series 62 news, Cadillac news and around-the-clock GM news coverage.
Source: Mecum Auctions
Comments
One has to wonder whether Cadillac could build a convertible top of their CT5 or whether such a vehicle can be made especially with someone at the helm of General Motors like CEO Mary Barra.
Well, anything is possible, but the sales history of convertibles, over the past 30 years has been pretty dismal. Other than some Mustangs, Camaros and Corvettes, the Cadillac XLR, the Chrysler Crossfire, and the Pontiac/Saturn twins in the early 2000s, and, currently, the Mercedes S-Class and the Bentley, and a few others, which are/were all low-volume models, the most recent affordable convertible based on a sedan body was the Chrysler 200, which was discontinued nearly ten years ago, and, likely was maybe, only about 10% of the 200s production. if that. Many motorists have found convertible tops to be problematic, and subject to accelerated wear and tear, over the years, and expensive to fix, and in northern climes, there isn’t enough warm, dry weather in the spring and summer to justify a 20% price premium over a sedan. And, lately, in the south and southwest, it’s been often so hot that drivers would rather use their AC to keep cool. And with the slow death of sedans and the move to SUVs/CUVs and pick-up trucks, convertibles aren’t likely to reappear.
I read a story somewhere that Bill Mitchell & others saw the ’57 Chryslers in advance and realized they’d lost styling leadership. Harley Earl, GM’s head of design, responded by slapping more chrome on the 58’s, while his designers worked on the 59 Cadillac Rocket fins and other bizarre bits. IMO, the best GM 58’s by far are the big Chevrolets. A recession decreased car sales significantly, but the styling may have hurt, too.
Beautiful
A terrific example of when Cadillacs were unmistakably, and undeniably, still Cadillacs.
Big pig…
Interior not matching, paint….
Gold paint air filter , not sure if that’s matching ?
Hope new owners enjoy..
When Cadillac was allowed to rule! Now GM miss management keeps Cadillac on a very short leash of cost cutting and lack of direction!!!!
My boss and I are presently restoring a special order 1958 caddy convertible. We are trying to find out the car’s history, for example who had it special ordered. It was sold and bought in Florida is all we know. Does anyone have any info on how to find out?