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Nana's 1962 Cadillac Convertible value? With pictures

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Nana's 1962 Cadillac Convertible value? With pictures

Old 02-07-2018, 10:08 PM
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Default Nana's 1962 Cadillac Convertible value? With pictures

We inherited my wife's grandmothers daily driver 10 years ago and would like to put some money into her.
Tha car was painted 30 years ago or so and it's time for a new coat. The interior still has a few pieces of original leather but mostly vinyl. Would like to put leather back in all around.

Engine needs some work. Heats up when at idle (fan clutch I believe) transmission leaks but the car runs and drives ok.

Not looking for a museum quality resto just a parade car that is presentable. She is a head turner from 10' away but shows the flaws up close.

Any thoughts on what kind of money I'm looking at and what the car is worth.

Here are some pictures of her at various events
Attached Images        

Last edited by signmansez; 02-08-2018 at 06:35 AM.
Old 02-08-2018, 01:10 AM
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Option 1. Fix the fan clutch and drive it till the wheels fall off.

Option 2. Pay about 50k or more for frame off restore. Probably not in the budget.

Option 3. Restore the parts you see when driving like that cracked dash or seat that drives you nuts. Won't cost so much and the experience of driving will be much better.

Just find a local custom interior who isn't expecting you to send his kids to college on the online job.

If you end up replacing anything save the original even cracked. It adds some value to have all that.

Option 4. Get you brother to secretly sign you up for Overhauling.
Old 02-08-2018, 03:27 AM
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Originally Posted by Jumpsummo View Post
Option 1. Fix the fan clutch and drive it till the wheels fall off.

Option 2. Pay about 50k or more for frame off restore. Probably not in the budget.

Option 3. Restore the parts you see when driving like that cracked dash or seat that drives you nuts. Won't cost so much and the experience of driving will be much better.

Just find a local custom interior who isn't expecting you to send his kids to college on the online job.

If you end up replacing anything save the original even cracked. It adds some value to have all that.

Option 4. Get you brother to secretly sign you up for Overhauling.
If it was my car, I'd go for option #1 (including adding tranny fluid as needed).
Old 02-08-2018, 03:37 AM
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I missed the trans leak... I took my 2 speed glide in my 28 Tbucket into a local shop because it was slipping. They completely rebuilt it and added a kickdown for $1000. Fluid leaks SUCK so that might be a good thing to take care of. Add the interior fix up and this is one nice ride I wish I had in my garage.
Old 02-08-2018, 04:31 AM
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Sweet ride! Hated seeing PR's close. Great pics.
Old 02-08-2018, 05:02 AM
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where is the trans fluid comeing out -- most times it just the tourqe converter seal--
Old 02-08-2018, 05:05 AM
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transmission leak could just be the pan or the rear seal too. very cheap fix. a good paint job on that boat would be at least 10 grand. i love cars so id restore it. value is kinda hard. beautiful car. id want it pristine myself.
Old 02-08-2018, 05:06 AM
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It may be worth as much original as "restored". A survivor car.
Old 02-08-2018, 05:19 AM
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From pics $8,500... From your description $6 G.

Ain't worth full resto...max value premo is $15

Cost 3 times that.

Repair and drive would be me.....that's a sweet ride and piece of true Americana
Old 02-08-2018, 05:21 AM
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Wow love those caddy's
Old 02-08-2018, 05:23 AM
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Was hoping to get interior, paint and leak issue taken care of for around 10k. The body is straight and no rust so there shouldn't be much in the way of body work needed. The seat frames and springs all seem fine. Carpet is fair.

Top is fine as it too was replaced back in the day.

Chrome is very good. Body moldings need some dents removed.

The car has a generator, I would like to replace that system and go with an alternator.

Figure we got the car for free so 10k is well within the budget.
Old 02-08-2018, 05:25 AM
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Originally Posted by Lprizman View Post
From pics $8,500... From your description $6 G.

Ain't worth full resto...max value premo is $15

Cost 3 times that.

Repair and drive would be me.....that's a sweet ride and piece of true Americana
That's about what I figured. Not worth it to us to put it in showroom condition and then worry every time we drove it.
Old 02-08-2018, 05:33 AM
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Enjoy it....not worry and fuss over it....it's meant to be driven and shown...Boatzilla.
Old 02-08-2018, 05:44 AM
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Anything with a drop-top is worth putting 10k in. The problem is budget creep. You paint the body then it makes the chrome look like crap, then it makes the interior look bad, etc. As previously stated, there is a market for “survivors” so keep it as original as possible. I’d do the engine work, fix the leaking transmission, and freshin up the interior. Great looking car btw
Old 02-08-2018, 06:00 AM
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Originally Posted by Sprockets View Post
Sweet ride! Hated seeing PR's close. Great pics.
Sad to see it go too. Was our watering hole for 27 years! Fun times and great memories from that place. The "new" location in College Park is actually pretty clean and the food is better. Atmosphere is different.

Funny story about the picture of the Caddy with the Ferraris. This was at the Winter Park Concourse show. I think a Ferrari club of some sort had cruised to the show. Well the parking attendant put them all in a VIP section.

When we pulled in we were directed to general parking. I saw the herd of Ferraris in the VIP section and headed that way. The attendant waved us in and put us up next to them.

There were a bunch of people milling about taking pictures of the red cars, that is until the Queen showed up!

She ended up being the fan favorite in the parking lot that day. She is a head turner so hopefully we can bring her up a notch or two this year.

Nana had bought the car at the local, Orlando Cadillac dealer, Braun. It was the dealer's wife's car and Nana just had to have it. It has an after market, under dash a/c unit in it that is the size of a small window shaker!

She traded a 56 convertible in on this car. Everywhere she drove she was followed into the parking lot by some guy that wanted to buy her Cadillac. Not for sale she would tell them!

She literally drove that car till the day she died. She drove it to Florida Hospital for a heart procedure and passed away in the recovery room. She was 89 years old and as feisty a woman as you will ever meet.

Last edited by signmansez; 02-08-2018 at 06:19 AM.
Old 02-08-2018, 07:07 AM
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Originally Posted by signmansez View Post
Was hoping to get interior, paint and leak issue taken care of for around 10k. The body is straight and no rust so there shouldn't be much in the way of body work needed. The seat frames and springs all seem fine. Carpet is fair.

Top is fine as it too was replaced back in the day.

Chrome is very good. Body moldings need some dents removed.

The car has a generator, I would like to replace that system and go with an alternator.

Figure we got the car for free so 10k is well within the budget.
On the alternator go with a 1 wire GM 10SI or 12SI. Should bolt right up, and be spaced correctly. If it has a dash light you may need to move the wire for it to a switched hot. Also run a new wire from the charge post on the back of the alternator directly to the battery.

Gorgeous car by the way. Love that it has fender skirts. I have a 1968 Bonneville convertible myself that is currently in pieces. They are money pits for sure. Personally I am not concerned about value of my 68 at all. Got it from my grandfather in high school, and it will never be for sale, so value is of no concern. Planning to keep it original in spirit, and mechanically get it in good driving condition. At the time I built the motor I was of the opinion that motor and transmission swaps were blasphemy. My uncle (big Pontiac collector) is in process of doing an LS drive train in a 1967 GTO clone, with the whole idea of it being as reliable and road friendly of a brand new car, but have the look and feel of a classic. Not so sure at this point that is a bad approach.

Last edited by autobaun70; 02-08-2018 at 07:13 AM.
Old 02-08-2018, 07:15 AM
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DON’T PUT ETHANOL FUEL IN IT.

Other than that fix what needs fixin and drive her.
Old 02-08-2018, 07:27 AM
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Keep it in a garage and only drive it on dry days. If garage is pretty tight, good to run a dehumidifier in there.

Keep it dry and out of the sun and it will not deteriorate.

I would not bother to paint it unless you can see the flaws from 20ft away.

Fix tranny leak and fix the oveheat.

Nothing wrong with keeping original generator. I read somewhere that there digital voltage regulators available that give reliable voltage, but not sure where I read that. If not, the Delco alt is a good option, just keep the gennie on hand.
Old 02-08-2018, 08:06 AM
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It's garaged at our house, barely fits with about two inches to spare.

As for the paint I'm going to get the quote on that and see where it goes. If you see the picture with the cow spots in it some are magnetic material and some were adhesive vinyl. When I removed a couple of the spots it took some paint with it.
I was able to get a GM spray can to match pretty damn good and touch the spots up. Nobody else has noticed but I know it's there. Maybe jus redo the one side and leave it at that.

The mechanicals and the interior are my top priorities so I'll focus on those.

The generator dash light will come on at idle, especially so at night when the headlights are on.

Any idea what a white leather interior will run? Lot of real estate in there!
Old 02-08-2018, 08:07 AM
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I'll bet people got out of the way when grand mother was coming down the road in that thing. Great car, nice that you can keep it in the family.....enjoy!

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