1958 Cadillac Eldorado Brougham, SPECTACULAR "3 year restoration $200,000+"

1958 Cadillac Eldorado

Condition: Used
Make: Cadillac
Model: Eldorado
Type: Sedan
Trim: Eldorado
Year: 1958
Mileage: 49,770
VIN: 58P035234
Color: Black
Engine: 364cid
Cylinders: 8
Fuel: Gasoline
Transmission: Automatic
Drive type: RWD
Interior color: Black & White
Vehicle Title: Clear
Item location: Pompano Beach, Florida, United States
Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Leather Seats

Description for Cadillac Eldorado 1958

Black with Black & White Leather, One of 304 made for the "Rich & Famous" in 1958
Exterior Color: Black
Interior: Black & White Leather
Carpeting: Black Mouton
Engine: 364 cid V-8 rated at 335hp/406 ft. lbs of torque
Carburetors: 3/2bbl carburetors
Mileage: 49,770 miles ( less than 1500 miles since complete restoration)
When we purchased this car in 2006 it had an ACTUAL MILEAGE Arizona titlewith just over 48,200 miles.
Serial Number: 58P035234
Original MSRP: 13,500
When I purchased this car in early 2006 for $60,000 from the widow of the 2nd owner in Arizona,I really didn't know a lot about the 1957/1958 Cadillac Eldorado Broughams. Over the next3 years, I would get a VERY expensive education.
I knew that these cars cost more than the average home owned by middle class America atthe time of production ($13,500) and had learned that it cost Cadillac a whopping $25,000 tobuild each one....but Cadillac and Harley Earl wanted to show the world that Cadillac couldbuild a luxury car like no other auto maker in the world...and that they did.
From an incredible stainless steel roof to a trunk that opened and closed with buttonslocated inside the glove box....this was one amazing car....light years ahead of anythingmade in the world!
It is the ONLY car ever that Cadillac introduced to the world as a dream concept car of the futurethat went into production a year later in the Fall of 1956 as the 1957 Cadillac Eldorado Brougham.Cadillac introduced this car to the world at the 1955 Fall Motorama show in New York.I was visiting the big Apple at the time with my parentsand as luck would have it, we werestaying at the Astor Hotel .After much coaxing, we wentto the GM Motorama show. WOW!
Cadillac produced 400 Broughams in 1957 and just 304 in 1958. I guess that was all the money they feltlike losing but they established themselves as the "Standard to the World" A slogan that rang true formany years...remember those great Cadillac commercials when a beautiful Lady stepped outof a Cadillac in a gorgeous evening gown and her handsome Beau in a Tuxedo opens the door and she smiles and says..."Best of all...it's a Cadillac!"
Cadillacs were considered so prestigious, that even owning a used Cadillac was seen as a sign that"you have arrived" Do you remember this 1957 Cadillac Commercial about buying a used Cadillac?
So who could afford these
Cadillacs in 1957 & 1958?
The Rich and Famous of course!
The list of owners looks like it was taken right out of "Whose Who"
Cadillac gave one to our President at the time...Dwight David Eisenhower.
A few of the wealthy and famous were Bob Hope, Judy Garland, Frank Sinatra, Dean Martin Bing Crosby,Mickey Finn, Elizabeth Taylor and lots of Hollywood's top motion picture directors and producers.
According to the woman I purchased this car from, she recalls her husband buying this car from Cecil B. DeMille.I don't believe that adds anything that increases it's value but it further demonstrates you had to be very wealthy in 1957/1958 to spend$13,50, plus tax and freight for an automobile that wasn't even a convertible.
We immediately began to disassemble this car and it wasn't long until I discovered that this would become one ofthe most expensive cars I have ever restored. Mike Rizzuto of Mastermind, Inc. is a great guy and over the next 3years we spent $1000's and $1000's of dollars buying parts from Mike. He is probably the most knowledgeable guy livingon the 57 & 58 Eldorado Broughams.
We purchased a sand/bead blasting machine just to do the frame and undercarriage on this car.We had two guys work cleaning the undercarriage every day, 6 days a week for a solid month.
Westopped keeping track of the hours spent when we passed 3000 hours. I won't bore you with everything we didand how much we spent but to mention just a few things...The interior leather was imported from Italy, the Mouton from France,the chrome plating exceeded $22,000, the engine was meticulously rebuilt by the best engine builder in Ft. Lauderdale and by thetime we finished in 2008, the total tab including buying the car for $60,000 was nearly $250,000!
I drove the car a couple hundred miles and in late 2009, it ended up as part of the spectacular Cars Of Dreams Museum Collection.
In 2011 this car was sold to a Gentleman in Virginia who I have become good friends with. Roger is without question a "Class Act"Like myself, Roger is a perfectionist and he spent an additional $30,000 on this car with the largest expense the complete rebuildingof this Cadillac's remarkable 4/speed Automatic transmission...unique back in 1957/1958.
It is now part of another "Class Act" Gentleman and car collector who has an extensive Ferrari collection. Since I know this particularvehicle so well, he contacted me and asked that I find a new deserving home for this magnificent piece of rare mechanical art and functionexample of a milestone car built by Cadillac when Cadillac was "King of the hill" in the automotive world.
No vanities included with this car
We can e-mail you a copy of the free and clear Arizona title after you speak with us at(954) 873-6495. All payments will be sent directlyto the car's current owner. He is a private gentleman who has a dealer's license as a result of his extensive car collection.The car can be inspected by appointmentand is kept in an air-conditioned and heated facility in the NorthEast U.S.
The price will really suprise you...it is a fraction of what was spent on this Cadillac to bring it to it's current level...I will NOT respondto E-mails...pick up the phone and call me at(954) 873-6495and I will instantly give you the lowest possible price. When sold, all paymentsmust be sent directly to the owner.
Remember the "Good Old Days?"
They looked something like this.....
We have been selling only the best of the best vintage cars on Ebay since 2000.......more than 1/3rd of a billion dollars.
Who is "Lifestyle 21st Century Auctions?"
We are constantly asked by all the top Auction Companies to please bring our extraordinary vintagecars to their auctions. We have been offered PRIME TIMES, NO ENTRY FEES and all types of perks.
Instead, we proudly choose to sell all of our cars to the worldwide audience of car collectors and car loverswho love the opportunityto buy our cars without paying the 10% Buyer fees and high shipping costs as aresult of a "SpecialArrangement" with a few 'on auction site shippers.'
And remember, when you buy a car at an auction, you have no clue as to how that vehicle is going to drive.We drive every car 100-200 miles to make sure they drive and run as close to perfect as possible...
We also love the fact that we can get to know on a personal basis those who purchase our cars.Many we gladlybuy back after a few years and sell them another wonderful collectable car.
Finally, we welcome any pre-inspection of our cars by an Inspection company that is hiredby a potential buyer. If they have the proper insurance and a valid Driver's license we letthem drive the car as well.
We are extremely proud of the cars we offer which has resulted in a 100% feedback rating for more than 16 years.
We sold our 1st vintage car on Ebay in March of 2000. Prior to that, for 40 years we sold almost every car through print media.
We never try to just"Make a sale"because a sale is usually a one time event. Instead, we do our best to"Make a customer"because a customer is forever and that's a VERY good thing in business.
I would urge you to call me ASAP at(954) 873-6495and I will share with you our lowest possible price...we will NOT respondto e-mails requesting this information and will only share this with a live voice on the phone.
If you have a car that is fully restored or completely original and in EXCELLENT condition, we would welcome to take your car in trade.
We are Located in Pompano Beach,between the Palm Beach International Airport (25 miles to the South)and the Ft. Lauderdale/Hollywood International Airport (25 miles to the North)
Hire an inspector or even better come in person. Guaranteed to be a "NODISAPPOINTMENT"58 year old PRISTINE veryrare and extremely collectable 1958 Cadillac Eldorado Broughamat it's finest.
Coming soon EXCLUSIVELY to Ebaymotors.com
1964 Ford Roadster, White/Aqu, fully optioned and documented in #1 condition (NOW RUNNING ON EBAY)
1962 Ford Thunderbird Factory Roadster Black/Red fully optioned and documented in $1 condition (NOW RUNNING ON EBAY)
1965 Cadillac Eldorado Convertible, spectacular car, fully loaded in Silver with White leather & a white top. (3 weeks away)
1956 Chevrolet 3100 short bed pick up truck, frame off/show condition/original drive train
(NOW RUNNING ON EBAY/Reserve of $24,444 has been met with 6 days left in the auction)
1961 Chrysler 300G Sport Coupes in the world(Mardi Gras Red, Tan Leather interior,heavily optioned,documented by FCI andmeticulouslyrestored.(1-2 weeks away)
IMPORTANT:Please read!
Recently wehave had a few auctions won by 1st time buyers with ZERO or 1 or 2 purchaseswith 1 or 2 feedback comments.
These buyers failed to answer any e-mails or gave Ebay false telephonecontact numbers.
Therefore effectiveDecember 20th, 2015, any bidder who has less than 5 Positive Feedbackresponses or who has been a member of Ebay for LESS than 90 days, will have to call andspeak with us at(954) 873-6495in order to become an approved bidder.
If you fall into this category and have not called us prior to placing a bid, your bid will berescinded(tossed out)and you will be blocked from bidding on anyof our exceptionalcars.
We have beensellingthe best of the best in Vintage & antique classic cars on Ebay since March of 2000.Over $300 MILLION DOLLARS of vintage cars and growing.
We have 935Positive Feedbacks, most are for Vintage cars.
In actuality, we have sold over 3000 vintage cars since 2000! However, only 1 out of 3 buyerswants to use the Ebay process.
We hope you'll take a moment and visit the Garage Memories Auto Museum.
We are eagerly looking forward to help you create some of your own wonderful "Garage Memories"
Please Click here to visit Garage Memories to see the fabulous cars we have sold this year.click here
Every car we sell has to be special and unique...no "drivers" "Fixer Uppers" or "20 Footers" just the best of the best!
We love either near perfect "original" cars or cars restored with an "open checkbook" to perfection!
Weunderstand that many collectors who are buying a car like this are doing so for investment purposesand do not want anyone else to know their final price of acquisition.
Whatever your choice, we will respect your decision. We never disclose to anyone what the final purchase priceis of any of the "GARAGEMEMORIES" we sell.We have sold almost 1/3 of a billion dollars ofVintagecarsthru Ebaymotors.com.
Call us at954-873-6495and we will give you the lowest acceptable price.
The car will be made available for inspection by serious bidders throughout the auction.
Please e-mail us if you would like to see the car. If you prefer, we can arrange to have a qualified, independent, professionalmechanic perform a pre-purchase inspection for you (at your expense).
PLEASE NOTE THAT the owner WILL NOT ACCEPT PAYPAL AS A FORM OF PAYMENT.THIS IS TRUE FOR BOTH THE INITIAL DEPOSIT AS WELL AS THE FINAL PAYMENT.Payment acceptable is a bank wire transfer or a verified Bank Cashier's check.
Invest your money in something you just don't "Put in the Bank" but something you can "Drive to the bank andanywhere else you might choose to do with your family & friends."Why not have fun with your money? ...enjoy your life and know that when you wake up in the morning your dollarsare still safe in your garage or warehouse&haven't evaporated into thin air!
Car collecting is a family thing...everyone around the world admires and loves these great vintage and collectible cars.We have sold cars fromAustraliatoAlaska...FromChinatoSaudi Arabia.....FromManhattantoMoscow....and the hobby keeps growing & expanding all the time.Collector car insurance is dirt cheap...about $250-$300 a year for a quality collectible like this. and you can buy full coverage!Due to this car's higher value, most likely $500-$600 a year.They usually require a garage and not more than 2500-3000miles a year put on the car.We recommend you only buy a car like this if you have a garage to keep it in.We are urging you toPLEASEcome and inspect the car in person, drive it or to hire an expert inspectorWe prefer you select & hire your own inspector.If you wish to schedule an appointment to see this car, please call me at954-873-6495We would appreciate at least a 1-2 day notice.It is currently being stored inan air-conditioned/heatedbuilding in the NorthEast U.S.It is started anddriven a few miles on occasionif it's a beautiful SUNNY day or moonlit night.
This car is owned free and clear by it's current owner. After you speak with us on the phone, it is possible to have a scanned copy sent directly to you.
We know this is a Platinum investment collectable car..this is a car that you can still drive & enjoy and willincrease in value...not decrease in value.....and if you chose to...you could drive it every day.We feel very strongly that a car like this will not only hold its value but in years to come will continue to appreciate.
Please don't buy a Museum quality car like this unless you have a garage to store it inside.We do notbelieve this carhas ever been left outside.You can look at this car in bright outdoor sunlight or indoors under halogen or florescent light...it still looks spectacular....but don't take our word...PLEASE...come and check it out yourself. We don't like surprises.Our goal not's to give you any....this is a NO DISAPPOINTMENT collectibleclassic!The reserve is set at a very, very fair number...if you wish to discuss the amountjust call us at(954) 873-6495
As with all of our fine cars...we invite you and urge your personal inspection. If you see it....and drive it...you will buy it!SHIPPING: Many of my friends and fellow collectors have shipped literally 1000's of cars over the past many years...all with a great gal named Mary Olson who owns Crossroads Transport...We will be happy to give you her e-mail & telephone& connect you up on a DIRECT basis with Mary and she can handle any shipping needs...this car should be shipped ENCLOSED!
OUT-OF-THE-USA SHIPPING: Over the past 56 yearswe have shipped cars to more than 40 countries...We can put you in contact with Mary Olson who will give you great service at a fair price.
For financing...trywww.jjbest.comorwww.woodsidecredit.comIf you have a trade...please e-mail us atluvdg@aol.coma complete set of photos....details and a phone number.
Also, we have contact with shippers throughout theU.S.and WORLDWIDE...We will be happy to assist you.WHAT ABOUT A TRADE?We accept most anything in trade but no projects pleaseWe will only accept cars of the quality, correctness and authenticity that we sell.We will consider any nice vintage or antique car or late model Luxury car with a clean CARFAX & CARCHECK report.Please call us first and discuss this with us..and if we have an interest, we would then have you e-mail a complete set of photos and details.E-MAIL the photos of your trade or trades toluvdg@aol.comThanks and best of luck!Please write or call for more details....If you are interested in this vehicle, please call us at(954) 873-6495and we will stand next to the carand go over everything with you in great detail...there will be NO surprises...or better yet...come and inspect it yourself. (appointment a day or two in advance is required)eBay Recommended Services:History Report - get a vehicle history report and protect yourself from hidden problemsShipping - get free shipping quotes and information on options to pick up the vehicleFinancing - learn about choicesBuyer Checklist - review steps to take to make a safe, successful purchase
AS IS - NO WARRANTYThis vehicle is being sold as is, where is with no warranty, expressed written or implied. The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgement solely. The seller shall and will make every reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.There is no such thing as a "PERFECT" car...especially when dealing with vintage cars that are 25,35 and even 50 years old.Arranging for an independent third-party inspection is a great way to validate a seller's claims about a vehicle's condition. There are many companies and individuals who offer such a service. Of course your personal inspection and scrutiny are suggested and most welcomed.The seller has made a diligent effort to accurately describe this vehicle but does not expressly or implicitly guarantee the accuracy of the above description.Bidders and prospective purchasers are urged and cautioned to conduct their own due diligence, including a physical inspection in person or through a qualified third party inspector or appraiser, before contemplating a purchase or making a bid on this vehicle. In fact, we would welcome and encourage such an inspection, and will make every effort to make the above described vehicle available at a time convenient to the perspective purchaser or their agentsWe charge NO fees of any type. NONE!We will help arrange to have your vehicle picked up on a bonded, licensed and insured carrier.There are no dealer fees or other charges and you are responsible to pay all sales taxes in your home state .Required payment is 20%within 72 hoursand the balance in fullwithin 7 daysthereafter.If you buy a car from us and are not happy with something that is major in nature, please call us and let us know. If we feel it's our fault, we are only too happy to discuss making a possible adjustment on the final agreed price.
  • Classic cars* rise 40% in 2014 and up nearly four fold since 2005
  • 2015 out performed 2014 and 2016 so far is outpacing 2015
  • Watches show biggest drop during 2014
  • Stamps and coins, only assets to increase over nine consecutive years
  • Coins continue to rise, up 176% over nine years and up 9% in 2014
Classic cars increased in value by 40% during 2014, and have increased in value nearly four fold, since 2005, according to the latest edition of the Coutts Index. In its second year, the report shows that while passion investments have increased just 0.8% during 2014, this masks the diversity of returns of the various underlying categories which have increased overall by 80% (local currency terms) since 2005.The Index aims to provide the global benchmark for monitoring the performance of passion assets. Developed in conjunction with Fathom Consulting, the Coutts Index captures the price return in local currency (net of the holding costs) of 14 passion assets across two broad categories: trophy property and alternative investments. Alternative investments can be further broken down into fine art, collectibles and precious items. The Coutts Index also incorporates a real estate component supplied by Savills World Research and fine art prices from Mei Moses®.Highlights from this year’s results include:
  • Collectibles– coins have appreciated every year, up 176% since 2005. By contrast, Fine Wine was the only Collectable to see prices fall in 2014, down more than 9% in the third consecutive year of contraction after rapid price growth in 2006-07
  • Fine Art– of all the Fine Art categories, Traditional Chinese Art has seen the greatest overall price growth since 2005, more than doubling over the period. However, this was the only art category to fall in 2014 with prices contracting 13%.
  • Precious Items– 2014 was not a strong year for Jewellery or Watches with price growth for the former dropping from more than 14% in 2013 to under 2% in 2014. The average price of watches contracted by more than 17% last year, undoing some of the progress made since the recession.
  • Property– despite some of the headlines regarding London’s super-prime real estate market, 2014 was actually an unremarkable year for Trophy Properties – divided into residential properties (luxury properties in ten prime global city locations) and leisure properties (in the world’s most desirable leisure destinations), with the former virtually unchanged and the latter falling by 2%. This is against a backdrop of double digit increases before the 2008 financial crisis.
Mohammad Kamal Syed, Head of Financial Advice and Investment Solutions at Coutts, said: “At a time of paltry interest rates, we continue to see lots of interest from the wealthy in finding somewhere worthwhile and out of the ordinary to put their money. Passion assets maintain their appeal, indeed the majority of passion assets we’ve tracked have risen over the past 12 months.Table below shows increases (%) for each asset class tracked across various timescales2012 TO 2013 CHANGE (%)2013 TO 2014 CHANGE (%)2005 TO 2014 CHANGE (%)
FINE WINE-0.8-9.4+134
RUGS & CARPETS+11.6+1.3+7
CLASSIC CARS+27.4+40+399
COUTTS INDEX+5.2%+0.8%+80%