Two old Cadillacs for sale, which one would you buy?

[chrisntam]

In the for sale section, there are two Cadillacs, one a '53 eldo, the other a '60 series 62 (I think) convertible.  Asking price for each is $135k.

Which one would you buy and why or why not?

If you had $135k to spend, what other Cadillac would you buy?

I'd lean heavily to the '53, given it's rarity, though I like the '60 body style better.

[Alan Harris CLC#1513]

condition, condition, and condition!

[jagbuxx #12944]

For $135k I’d be wanting a roadster/convertible from the 1930’s..

[dinhnguyen57]

1953 Eldorado.  It's more rare and regardless of condition, it will be easier to sell.
You will find another 1960 convertible, also will low mileage and have more options, such as AC for same or less price...or even get a 1960 Biarritz for that price.

[Mike Josephic CLC #3877]

Much depends on what your goals are --
only you can decide that.  Also, what body
style you are "hot" on having.  You can make
a very nice 1960 convert even an '60 Eldorado
convert. for less than it will take to make the '53
a show car.

The Eldorado at $135k needs some serious
work to become a #1 car and realize it's full
potential. That could mean another $150k on
top of the asking price to make it a #1 car.
Remember -- the seller does not state if the
engine, transmission and mechanicals have been
done.  It appears to e a "fluff & buff" resto based
the information supplied.

What it comes down to:
1) Do you want a condition #1 show car or
a driver and if so what body style
2) How much free cash do you have to put
forth to make this happen.

We've all see members get in over their head
and try to sell a "work in progress" when they
run short of funds.  That's a bad situation for
all involved.

Sleep on it. We're open to questions as we've
all been through this.

Mike

[G Pennington]

53 Eldo.  To me, a much more desirable car with a lot more upside potential.  Sure, it needs some work, but the asking price reflects that.
The grey paint & black interior on the 60 don't do that much for me.  And what's up with the Marshall amp?

[Dan LeBlanc]

My answer is simple . . . neither.  I'm not an "all my eggs in one basket" kind of person, so for $135k, I could knock of a few cars I'd like to add into the fold.

[Eric DeVirgilis CLC# 8621]

Here are the links:

https://www.hemmings.com/classifieds/cars-for-sale/cadillac/unspecified/2408066.html#&gid=1&pid=2

https://sfbay.craigslist.org/sby/cto/d/morgan-hill-1960-cadillac-convertible/7141127937.html

Hard to say without seeing in person. Originality should be factored in where applicable.

[Chuck Patton]

Hello Chris

This is a fun question. I agree with you. As an Appraiser I look at demand + condition = value. The production numbers are 1953 6267SX (532) versus 1960 6267F (14,000). The rarity AND survivor rate make the 1953 6267SX a smart choice.

Additional Client factors are:
(1) Parts availability
(2) Vehicle intention
(3) Budget

[Caddyholic]

Numbers don’t match on the 60. Tag says ivory top.

[Eric DeVirgilis CLC# 8621]

The '60 was restored according to a forum member who knows the car. The '53 was obviously restored.

Assuming both were done to the same level of quality, the '53 Eldorado is far more valuable.

[Scot Minesinger]

Both look nice, and if the same quality/condition, it is a no-brainer the 53 Eldorado. 

Rather enjoy a 60 for drive ability and comfort over a 53, and it looks cooler.  I feel that that the 53 can be traded for a 60 and some cash.

However, only buy cars I would want to own and consume and so probably would buy neither.  No black interior for me in a convertible, and not a fan of white cars, yes both features can be changed - but not at low cost.  135k is too much for me to have into a car even though could swing it.