Approx Value of 1931 V12 Dual Cowl Sport Phaeton In Original Condition

[Ken Andersen # 21420]

Can anyone possible advise what the approx value would be of a 1931 V12 Dual Cowl Sport Phaeton. The vehicle is in original condition, 99.9percent complete, and has been garaged for the past 40 years.

[Yann Saunders, 12588]

A ballpark figure would be from $2.000 to $200,000, depending on operabiliy and condition.  All joking apart, it depends on how much the vendor wants for the car and how much the buyer is willing to pay for it.

[Rusty Shepherd CLC 6397]

Yanns certainly right about what the traffic will bear, but heres Mannheims Gold Book of Classic Car Values opinion:
1932 370B Sport Phaeton (3/13 left) August 2006
Fair $110,000
Good $134,000
Exc  $186,000
Show $203,500
Loan $120,000

[Yann Saunders, 12588]

Everything depends on THE car in question.  Mannheims will only give you a ballpark figure for a given year, body style and condition. Take the 1937 V-16; Mannheims estimate for a show condition convertible sedan is $180K. They dont rate the convertible coupe, nor any custom coachwork on that years Cadillac chassis. The 1937 "Swiss" V-16 roadster, by Hartmann, was offered sold in the 80s for $3.5 million (Ken Behring of the Blackhawk Museum is said to have bought it for $1.4 million); thats a far cry from $180K for an equally desirable convertible sedan. It has to be noted, however, that Cadillac built only FIFTY V-16s in 1937, which makes each one of them VERY rare and VERY desirable.  I dont have the production total for the 1930-31 V12 d/c phaeton but using the V-16 production figures as a guideline, Im guessing the sport phaeton accounted for no more than 2percent to 2.5percent of the total (being 5733 units), so that would be around 140-145 units.  Estimating the survival rate at about 10percent of the total, that would mean there are perhaps a dozen of these superb models cars still around, from "fair" to "show" condition. Ken, you may want to have a look at these two Web pages for more info on the Cadillac V-12:

http://www.ultimatecarpage.com/frame.php?file=car.php&carnum=1245

http://www.100megsfree4.com/cadillac/cad1930/1931/cad31a1.jpg  

[Ken Andersen # 21420]

Many thanks Yann & Rusty.
I have the opportunity of buying one of these to partner the 1928 341-A that I am restoring. The asking price is US130K. Although the vehicle is 99.99percent complete, it will need a 6 figure restoration to bring it back up to scratch.
Given this, I think that the US130K is a bit much to ask & was thinking more around the US75K - US 85K.