Misallocation

1956 Cadillac Eldorado Seville

Sold at Mecum Auctions on Aug. 17, 2023, offered with no reserve.

$20,900Confirmed

The price as reported by the house. Hammer price $19,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1956
Make and model
Cadillac Eldorado
Generation
Eldorado 1954 to 1958
Version
Eldorado 1954 to 1958 (base)
Gearbox
Automatic
Chassis
5662046837
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 16 comparable sales, 35% under its bottom.

Middle half of sales$25,738 to $62,250
Median$37,125
Sales behind it16Likely

From 16 sales of the Cadillac Eldorado 1954 to 1958 (base) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $25,738 and $62,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1956 Cadillac Eldorado Seville HardtopMecum, Jan. 13, 2026MecumJan. 13, 2026$37,000
1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 31, 2024Bring a TrailerDec. 31, 2024$30,100
1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 24, 2024Bring a TrailerDec. 24, 2024$24,950
50-Years-Family-Owned 1956 Cadillac Eldorado SevilleBring a Trailer, Dec. 10, 2024Bring a TrailerDec. 10, 2024$19,940
1956 Cadillac Eldorado SevilleRM Sotheby's, Oct. 8, 2026RM Sotheby'sOct. 8, 2026$73,000
34-Years-Family-Owned 1955 Cadillac EldoradoBring a Trailer, Sept. 7, 2026Bring a TrailerSept. 7, 2026$37,250
48-Years-Owned 1957 Cadillac Eldorado SevilleBring a Trailer, May 31, 2026Bring a TrailerMay 31, 2026$19,500
1957 CADILLAC ELDORADO SEVILLEBarrett-Jackson, Jan. 21, 2025Barrett-JacksonJan. 21, 2025$26,000