This 1976 Cadillac Eldorado was manufactured by General Motors, GM heavily promoted this car to American industries as “the last American convertible”. This convertible is located in the United Arab Emirates and is part of a lovely vintage car collection.
The 1976 convertibles are known as an instant collector’s items, and investors soon drove prices sky high. Once factory production ended and dealer supply was depleted, prices jumped to two or three times the manufacturers suggested retail price of $11,049. Quite a few cars were purchased and put into storage immediately.
One dealer reported a customer had their new car loaded onto a flatbed right there on the car lot, and was carefully covered to be transported to a heated, air conditioned, and humidity-controlled garage for long-term storage.
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