Misallocation

1940 Cadillac Series 75 Town Car Sedan

Sold at Mecum Auctions on July 25, 2025, offered with no reserve.

$27,500Confirmed

The price as reported by the house. Hammer price $25,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1940
Make and model
Cadillac Series 60, 61, 62 and 75
Generation
Cadillac before 1942
Gearbox
Manual
Chassis
3320856
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 87 comparable sales, 3% under its bottom.

Middle half of sales$25,875 to $100,000
Median$54,018
Sales behind it87Likely

From 87 sales of the Series 60, 61, 62 and 75 Cadillac before 1942 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $25,875 and $100,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1940 Cadillac Fleetwood Seven-Passenger Imperial SedanMecum, Jan. 16, 2025MecumJan. 16, 2025$55,000
1941 Cadillac Series 61 Touring Sedan ProjectBring a Trailer, Oct. 12, 2026Bring a TrailerOct. 12, 2026$4,800
500-Powered 1941 Cadillac Series 62 Coupe 4-SpeedBring a Trailer, July 25, 2026Bring a TrailerJuly 25, 2026$41,000
1941 Cadillac Fleetwood Series 60 Special Sedan ProjectBring a Trailer, June 22, 2026Bring a TrailerJune 22, 2026$7,650
1941 Cadillac Fleetwood Series 60 Special SedanBring a Trailer, March 5, 2026Bring a TrailerMarch 5, 2026$15,750
1941 Cadillac Fleetwood Series 75 Seven-Passenger Formal SedanBring a Trailer, Feb. 3, 2026Bring a TrailerFeb. 3, 2026$45,000
1941 Cadillac Fleetwood Series 60 Special SedanBring a Trailer, Nov. 24, 2025Bring a TrailerNov. 24, 2025$22,000
1941 Cadillac Fleetwood Series 60 Special SedanBring a Trailer, Nov. 16, 2025Bring a TrailerNov. 16, 2025$20,225