1961 Cadillac Series 62 Convertible
- 61 mi TMU
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Location: Friendswood, Texas, USA
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Originality: Projectinfo
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Transmission: Automatic
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Handedness: LHD
- There are 3 Cadillac Series 62 - 7th Gen for sale right now.
Vehicle Details
what’s a 1961 cadillac series 62 convertible worth?
I’ve analyzed the market for the 1961 Cadillac Series 62 Convertible using our Classic.com data.
Market Overview (7th Gen Series 62, 1961–1964)
| Condition | Price Range | Recent Sales |
|---|---|---|
| Project/Rough Cars | $3,700 – $17,500 | Incomplete restorations, basket cases |
| Original Survivors | $30,000 – $40,000 | Presentable drivers, well-maintained |
| Fully Restored | $55,000 – $73,000 | Turnkey, professionally finished |
| Custom/Show Builds | $75,000 – $275,000 | Restomods, high-end custom work |
Average sale price across all 7th Gen Series 62 Convertibles: $45,861
Assessment of This $20,000 Project Car
This vehicle sits in a “premium project” tier. Here’s why:
✅ Value-Adds:
- LS 6.0 V8 swap completed – a desirable modernization; professional swap work typically runs $10,000+
- Professional paint (done 8 years ago)
- Rechromed front bumper, polished stainless trim
- Quality included parts: New convertible top (~$1,500), new glass (~$1,000+), aluminum radiator, new gas tank – several thousand dollars in parts alone
⚠️ Considerations:
- Still needs interior completion and final assembly
- Non-numbers-matching engine (purists prefer original, but the LS is more practical for driving)
The Verdict
$20,000 is a fair and competitive asking price. It positions this car well above rough projects ($3,700–$9,500) but below turnkey drivers ($30,000+). If you’re comfortable doing some finish work – or farming it out – this could be a cost-effective path to a modernized ‘61 Caddy without paying $55,000+ for a completed car.
With the seller indicating they’re motivated to sell, there may even be room to negotiate.
Want me to pull up similar project cars for comparison, or can I help with anything else about this build?