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1955 Cadillac Series 62
2dr Convertible
8-cyl. 331cid/250hp 4bbl
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$72,500*
0%
#4 Fair condition#4 Fair
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Apr 2025
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1954-1956 Cadillac Series 62 stats
Highest sale
$165,000
Lowest sale
$1,650
Most recent sale
$36,750
Sales
2142
Past sales
$71,662
1955 Cadillac Series 62 Base
Automatic
North America
Mar 7, 2025All Collector Cars
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$46,440
1956 Cadillac Series 62 Base
Automatic
North America
Feb 22, 2025GAA Classic Cars
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$30,800
1955 Cadillac Series 62 Base
23484 M
Automatic
North America
Jan 15, 2025Mecum Auctions
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$22,000
1955 Cadillac Series 62 Base
48999 M
Automatic
North America
Jan 14, 2025Mecum Auctions
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$46,200
1955 Cadillac Series 62 Base
20851 M
Automatic
North America
Oct 17, 2024Mecum Auctions
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$47,300
1956 Cadillac Series 62 Base
Automatic
North America
Oct 13, 2024Barrett-Jackson
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Model overview
Model description
The 1954 model year was big for Cadillac, starting with a redesign of the basic Series 62 model. The new Caddy was lower, sleeker, and featured exhaust tips that exited through upswept bumper extensions. A wraparound windshield completed the flowing good looks of the middle 1950s, before the fin wars took hold.
The Series 62 was available in a variety of body styles, including a 4-door sedan, 4-door Sedan De Ville, 2-door hardtop coupe and Coupe De Ville, and a 2-door convertible.
Cadillac’s engine in this year was a 331-cid V-8 that produced 230 horsepower. The only available transmission was a 4-speed Hydramatic automatic unit.
No appreciable changes appeared in 1955, except that the standard 331-cid V-8 engine received a boost to 250 horsepower, while the Eldorado’s 270-hp engine was available as an upgrade on the Series 62.
For 1956, the Series 62 received a facelift, further accentuating its long, flowing lines, and added the Eldorado Coupe Seville in a 2-door hardtop configuration, and the Sedan De Ville became Cadillac’s first-ever 4-door hardtop.
For all Series 62 Cadillacs in 1956, engine displacement was raised to 365 cubic inches, and horsepower followed the change to 285. The optional Eldorado engine was now rated at 305 horsepower and was again available in any Series 62 as an option.
While the Eldorado of this era tends to steal collectors’ attention due to their power and luxury features, the Series 62 is an outstanding alternative. Much of the same ownership experience can be achieved, especially when equipped with the optional engine, and often at a lower price. Air conditioning was optional in this era, and cars so equipped are particularly popular today. Transmissions were a weak point for Cadillac in this era, and the 1956 models received a major upgrade to the Hydramatic unit. For this reason, buyers should either prefer 1956 cars, or find out if the transmission has been replaced with a 1956 or later unit at some point. Convertibles and hardtop coupes (especially Coupe De Ville models) will be more popular than sedans. Within the 4-door class, the Sedan De Ville hardtop will outshine the basic Series 62 post sedan.
Vehicle specifications
- Wheelbase - Inches129 in
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Common Questions
The value of a 1955 Cadillac Series 62 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $9,850 for a 1955 Cadillac Series 62 in good condition with average spec.
The highest selling price of a 1955 Cadillac Series 62 at auction over the last three years was $165,000. 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 1955 Cadillac Series 62 at auction over the last three years was $1,650. 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 1,513 1955 Cadillac Series 62s sold at public auction.
The most recent auction sale of a 1955 Cadillac Series 62 was $36,750 on March 19, 2025 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.