Big Gambling: 1969 Cadillac Convertible

1969 Cadillac DeVille Convertible

Who’s up for a gamble? Wow, only $3900 for this 1969 Cadillac convertible! It’s believed to have only seen 24,000 miles. It’s all original. The interior is near mint. The few pictures provided make it look very nice. To paraphrase Shakespeare, “There’s the Rust”. The bottom of the fenders and quarter panels are rusty and there’s a hole rusted in the frame behind the left rear tire. All of this is repairable, but how much hidden rust is there? I’ve seen a couple of similar Cadillac convertibles that had rust showing (but looked alright) that were not repairable once you got them apart. Hagerty values these even in condition four at over $8000 and over $16,000 for condition three. Would it be worth the gamble? Could one repair the rust and repaint for $4000? This Cadillac is listed here on craigslist near Albany, New York.

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Comments

  1. L.M.K. Member

    1st impression is that the mileage is not original….Maybe 124,000? That’s just my impression….

  2. Jim

    Wish it where here on the left coast, I’d make an offer to the seller. These old caddy’s ride like no other and the drop top is huge plus. Love the car, not especially enthused about the ext color.

    I would also add that it’s a bit odd that it has rusted holes in the frame and lower quarters but the bumpers look brand new, were they just re-chromed ?

  3. Tom Dove

    nope,

  4. Rex Kahrs Member

    I know of a dead-nuts perfect example of this car in a garage, where it has sat for about 20 years. It’s got 32K actual miles. It’s black with black top, red interior…awesome. I have tried repeatedly to buy it, but the owner isn’t ready, despite the fact that the car hasn’t driven in at least 15 years.

  5. ronebee

    I have a 1970 Cadie, which is very close to the 69, great great cars, but restoring cars of this era and size is costly, mine has 135k on it, runs great, interior is shot and the body is starting to have problems, about 20-25k in work. i’ll look for another one before I put the money into this one

  6. Ed P

    From the few pictures, this looks like a great American highway cruiser. Unless there is something hidden underneath, this would be a great project.

  7. don

    from the looks of the pics, looks like good condition, but underside who knows, but for 3900, i’d probably pop on it if it were a little closer and on ebay, would not buy on craigslist…. to many scams.

  8. Chebby

    $3900 ask? Sweet! Drive it for a few years and you got your money’s worth. I had a way rustier Olds convertible that drove great.

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