Cadillac introduced a new overhead valve V8 engine in 1949 which offered an impressive 160 horsepower. This would become the basis for many generations of Cadillac's to follow. It would also be used successfully by many legendary racers such as Allard and Cunningham. The V8 'valve-in-head' engine was light, smooth, economical to maintain, and offered much performance potential.
The Series 62 Cadillac was distinguished from its siblings by its trim. The front fender stone shields and rocker panel moldings were grooved and the front had a very distinctive Cadillac grille. It was low and had a wide stance. The interior was completely revamped and featured a new instrumentation panel, door moldings, trim and a stylish line of fabrics.
This car was purchased in 2005 by its previous owner and then entered in the Palos Verdes Concours d'Elegance the following September. It was purchased in early 2008 by its present owner and commissioned RM classic Cars for a total mechanical and safety check. It has just over 20,000 original miles.
In 2008, this car was brought to the 2nd Annual Vintage Motor Cars of Hershey presented by RM Auctions where it was estimated to sell for $55,000-$70,000. The lot was offered without reserve. A high bid of $39,600 including buyer's premium was enough to secure new ownership.