Cadillac & LaSalle Club Discussion Forum

Cadillac & LaSalle Club Forums => For Sale - Cars => Topic started by: jdemerson on April 02, 2023, 06:48:28 AM

Title: 1957 Eldorado Biarritz, red and white, bid at $58,900 at BAT
Post by: jdemerson on April 02, 2023, 06:48:28 AM
https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fbringatrailer.com%2Flisting%2F1957-cadillac-eldorado-biarritz-convertible-8%2F&data=05%7C01%7Cjemerson%40middlebury.edu%7C6bdfb2e3e721440d56b008db3309f317%7Ca1bb0a191576421dbe93b3a7d4b6dcaa%7C1%7C0%7C638159890052585786%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=xALlGPJQ%2BRS3Dg6L8CCAuq%2B8wKw18spOhMhCiSbnCgk%3D&reserved=0

I see flaws, but this looks nice at the price for this desirable model.

John Emerson
Title: Re: 1957 Eldorado Biarritz, red and white, bid at $58,900 at BAT
Post by: Biarritz Duke on April 02, 2023, 11:13:08 AM
Agreed John. This could be an intriguing project with decent upside.  Someone already went through the trouble of a dual quad conversion and likely the areas of issue are fixable for under the value balance. Meaning I'm seeing non original color and dual quad color 57 cars sell at auction for $190k and online at $140-$160.  This likely needs a repaint, NOS wheels, and getting features functional like seats or windows.  If the reserve is under $80k I would call it a but.  But over $100k it's a break even project.

I did think about buying it as a parts backup for my 57 in transit project and to steal the dual quads for my car.  But pretty sure the wife would kill me in my sleep and I don't want to tie up that much money as it would take me a year to get it ready for resale.  But the upside is interesting and would fund finishing my car...