4 Classic Cars That Make Great Investments

Another classic car model that has jumped significantly in value in recent months is the third-generation Cadillac Eldorado, which includes the 1957 and 1958 model years. The Eldorado was offered in three body styles, each with a different submodel badge. Coupes like the one above were known as Sevilles, four-door sedans were Broughams, and convertible models were badged as the Biarritz. Only 400 of these 1957 Broughams were built, so snatch one up if you come across one. 

More than five times that many Sevilles were produced, with roughly 1,800 BIarritz convertibles produced in 1957 and 3,000 models built in 1958. That dwarfed the 304 Broughams and 855 Sevilles made that year. As of this writing, Classic.com listsed 101 third-generation Eldorado sales in the past five years at an average price of a bit over $108,000. In the last six months, that average leapt to almost $132,500, marking a sharp upward trend for this stylish and luxurious classic.  

[Featured image by GTHO via Wikimedia Commons | Cropped and scaled | CC-BY 4.0]