1954 Cadillac Eldorado

2dr Convertible

8-cyl. 331cid/230hp 4bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$76,000*

equal0%
#4 Fair condition#4 Fair

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1953 Cadillac Series 62 Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
1954 Cadillac Eldorado
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Model overview

Model description

Cadillac had started by bypass Packard sales after World War II. By 1952, the General Motors division was really “feeling their oats” and wanted to showboat a bit on the dealer showroom, instead of just at the GM Autorama car shows that toured the country with far-out concept cars. Their answer was the Cadillac Series 62 Eldorado Special, priced at an astronomical $7,750 (for comparison, the Series 75 Imperial limousine was sold for “just” $5,818). 532 buyers opted to get these convertible cars, making them rarer than the limousine, which sold 765. Due to a catastrophic fire at GM’s Hydramatic factory in Livonia, Mich., late in 1953, some 1953 Cadillacs were fitted with Buick Dynaflow automatics referred to as “Twin Turbine” drive. The 1954 Eldorados were again sold as convertibles only, and with a base price reduction ($5,738), 2,150 were sold that year.

Vehicle specifications

  • Shipping Weight4809 lbs
  • Vehicle Length223.4 in
  • Wheelbase - Inches129 in
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Common Questions

The value of a 1954 Cadillac Eldorado can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $76,000 for a 1954 Cadillac Eldorado in good condition with average spec.

The highest selling price of a 1954 Cadillac Eldorado at auction over the last three years was $135,000. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 1954 Cadillac Eldorado at auction over the last three years was $43,750. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 9 1954 Cadillac Eldorados sold at public auction.

The most recent auction sale of a 1954 Cadillac Eldorado was $71,400 on August 29, 2024 by Bring a Trailer.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2025 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.