The only luxury convertible option built in America, the Cadillac Eldorado with front-wheel-drive offered buyers unparalleled opulence. It represented Cadillac’s last traditionally sized luxury car while all the other models had already been downsized in 1977. Some experts criticized the Eldorado for its limited interior space and trunk room (much less than expected for such a huge vehicle), and poor fuel economy. However, others claim it represented American life, where “bigger is always better.”
Cadillac equipped the two-door Eldorado Coupe with a three-speed automatic mated to a 7.0-liter V8 producing 180 horsepower at 4000 rpm and 320 lb.-ft. @ 2000 rpm. The Eldorado accelerated to 60 mph in 13.2 seconds, reached the quarter mile in 19.4 seconds, and achieved a top speed of 112 mph. (via Automobile Catalog).
While Cadillac offered the Eldorado in both coupe and convertible trims from 1971-1976, the automaker discontinued the convertible for 1978 (via Hemmings). During the period from 1971 and 1978, the company produced over 347,600 Eldorados with over 14,000 convertibles made in its last year of production, 1976. The 1978 Eldorado model year was the first for Electronic Level Control, optional AM/FM stereo with a tape player and CB radio, and the limited-edition Custom Biarritz Classic trim option. An Eldorado in pristine condition can fetch nearly $60,000 at auction, but a car in excellent condition will sell for $10,000 and lower.
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