Cadillac & LaSalle Club Discussion Forum

Cadillac & LaSalle Club Forums => For Sale - Cars => Topic started by: badpoints on December 08, 2023, 09:32:02 AM

Title: 1978 Eldorado Biarritz low miles
Post by: badpoints on December 08, 2023, 09:32:02 AM
Seems a little over priced

https://boston.craigslist.org/nwb/cto/d/lincoln-cadillac-eldorado-biarritz-very/7695601279.html
Title: Re: 1978 Eldorado Biarritz low miles
Post by: J. Skelly on December 08, 2023, 11:35:49 AM
You should be able to buy 3-4 really nice ones for that price!
Title: Re: 1978 Eldorado Biarritz low miles
Post by: gkhashem on December 08, 2023, 05:53:08 PM
Considering it has 5800 miles and appears all sorted out your not buying 3-4 like that.

Maybe 2. I say it probably is a $30,000 car in today's cheap money. If it truly is a like new car.
Title: Re: 1978 Eldorado Biarritz low miles
Post by: James Landi on December 09, 2023, 07:52:22 AM
Apparently, the owner has been providing constant repairs and maintenance, and one can surmise that he's testing the market to find out if someone with the cash really wants his car.  On the WORLD wide web, all he needs is one individual... personally, I'm hoping he's successful.  Thanks for posting,  James
Title: Re: 1978 Eldorado Biarritz low miles
Post by: Bryan J Moran on December 09, 2023, 09:54:11 AM
We all like this car but it's not the most desired car. I essentially put this in a big bucket.  Is a 78 Eldorado worth more than any nice low mileage 71-78 Eldorado?  They made a lot of coupes in the 70s. There are relatively speaking - a lot of inventory to choose from. Also, if this car sold for nearly $60,000, then that is the highest it will ever sell at. You would be buying it at the highest point of the bell curve.

If I was interested in this car or the era of this car I would rather spend $8,000 or $12,000 on a nice well maintained 50,000 mile car.  $60,000 is just way too much for such a common car.

We will likely never know how much this car eventually sells for, which I'm always curious to know. 
Title: Re: 1978 Eldorado Biarritz low miles
Post by: Eric DeVirgilis CLC# 8621 on December 09, 2023, 10:38:15 AM
The most common high condition Cadillac survivors of the 1970s have to be the 1976 Eldorado Convertible and 1978 Eldorado Biarritz/Custom Biarritz Classic. A great many of these were bought new and put away in the expectation they would become high dollar collectibles being the "last" of their kind and the market is saturated.

Nowadays, the most perfect low mileage original '76 convertibles in the best color combinations can command $50,000/+ while the '78 BZ/CCs with the same criteria tend to top out around $30,000. Values would likely be very different if the survival rate on these cars was more typical as other vehicles of the same era. 
Title: Re: 1978 Eldorado Biarritz low miles
Post by: J on December 18, 2023, 12:38:29 PM
there is an Ass for every seat!