Misallocation

1971 Cadillac Eldorado Convertible

Sold at Mecum Auctions on June 5, 2026.

$13,200Confirmed

The price as reported by the house. Hammer price $12,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1971
Make and model
Cadillac Eldorado
Generation
Eldorado 1967 to 1978
Version
Eldorado 1967 to 1978
Gearbox
Automatic
Chassis
693671Q415549
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 129 comparable sales, 17% under its bottom.

Middle half of sales$14,076 to $32,300
Median$19,500
Sales behind it129Likely

From 129 sales of the Cadillac Eldorado 1967 to 1978 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $14,076 and $32,300.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1971 Cadillac Eldorado ConvertibleMecum, July 24, 2026MecumJuly 24, 2026$30,000
1970 Cadillac EldoradoBring a Trailer, July 8, 2026Bring a TrailerJuly 8, 2026$6,200
1970 Cadillac EldoradoMecum, April 10, 2026MecumApril 10, 2026$16,000
1970 CADILLAC ELDORADOBarrett-Jackson, Oct. 16, 2025Barrett-JacksonOct. 16, 2025$12,500
1972 Cadillac Eldorado ConvertibleMecum, Jan. 15, 2025MecumJan. 15, 2025$57,000
1973 Cadillac Eldorado ConvertibleBring a Trailer, Aug. 10, 2026Bring a TrailerAug. 10, 2026$16,750
1969 Cadillac EldoradoBring a Trailer, July 27, 2026Bring a TrailerJuly 27, 2026$17,500
22-Years-Owned 1970 Cadillac EldoradoBring a Trailer, June 24, 2026Bring a TrailerJune 24, 2026$8,000