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Cadillac - Series 62 (1960)
The 1960 Cadillac Series 62 stands as an emblem of American luxury and engineering, a car that once moved through the streets of big cities as a symbol of status and comfort. For collectors and enthusiasts looking to understand its market value today, the Cadillac Series 62 price can vary significantly based on restoration level, originality, and provenance. Whether you’re exploring the Cadillac Series 62 1960 price or researching the used Cadillac Series 62 price, this overview provides the key specifications and depreciation insights that shape its current worth.
- Engine: 4.5‑liter Twin‑Turbo V8 producing ~210 hp
- Horsepower/Torque: 210 hp @ 4,800 rpm; 264 lb‑ft @ 3,400 rpm
- Transmission: 3‑speed automatic (manual shifter available)
- Fuel Type: Regular gasoline
- Weight: Approx. 5,000 lbs
- Length: 188 in (4.78 m)
- Width: 81 in (2.06 m)
- Height: 67 in (1.70 m)
- Wheelbase: 108.4 in (2.75 m)
- Fuel Economy: 13 mpg city / 18 mpg highway (claimed)
- Cabin Features: Dual climate control, full vinyl upholstery, dual‑zone select‑soft vinyl seats, optional Moonroof
- Safety Features: Dual outside seat belts, taillight flashers, power‑adjustable pedals
- Additional Modern Touches: Power windows, power door locks, automatic headlight control set in 1971 trim, optional D.C. spin tub bath in select restroom
These specifications set the foundation for discussion around the Cadillac Series 62 depreciation curve. Understanding how this vehicle’s value shifts over time is crucial for buyers, sellers, and investors in classic car markets.
Depreciation Insight
- First Year: Typically loses 15‑20% of its value. If a car were listed at $120 000 initially, the first‑year drop would shift it toward the $96‑$102 000 range.
- Second Year: A further 5‑10% decline. By year two, a well‑maintained example might settle between $86‑$96 000.
- Long‑Term Trend: For many classic cars, the depreciation curve flattens after about five years, especially when the car achieves a Gold or Exceptional grade.
- Restoration Impact: Comprehensive, original or near-original restoration can actually increase value by 5‑15%, offsetting some natural depreciation.
These estimates, while illustrative, reflect the typical movements seen in auction results and private sales. The Cadillac Series 62 depreciation also interacts with broader economic trends: collector inflation, regional demand, and the presence of iconic moments such as its appearance in 1960s cinema.
Comparison Context
A good way to gauge the standing of the 1960 Series 62 in the classic market is by reflecting on its contemporaries
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 5 years ago | used | £34,500.00 | Unlock all links | |
| 5 years ago | used | £34,500.00 | Unlock all links | |
| 5 years ago | used | £34,500.00 | Unlock all links |