1958 Cadillac Eldorado. For Those with Money to Burn

The 1950's were the era of the status symbol, when social norms forced men to all wear the same gray suit and hold the same gray opinions. Buying an Eldorado made the bold statement, "I have money to burn." A Cadillac Series 62 coupe cost $4,800, while this Eldorado cost $7,300. That's a difference of $22,00 in inflation adjusted dollars. And yet, what was the difference between the Series 62 and this car? Not much.

Come to think of it, not much has changed. A new BMW 530 starts at $54,000. Yet is it really dramatically more capable or luxurious than a $24,000 Toyota Camry?

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