Why the Cadillac Allante is on the Fast Track to Collectible Status
Many people equate the Cadillac brand to luxury, and for a good reason. Just about anything Cadillac makes outshines other cars in terms of comfort, luxury, and technology.
All that being said, there are a few Cadillac models that stand above the rest, and the Allante is one of them.
A Cadillac Allante, via Sfoskett
What is the Cadillac Allante?
The Cadillac Allante is a high-performance luxury roadster produced between 1987 and 1993. Cadillac decided to build it -- their first ultra-luxurious roadster -- to compete with the Jaguar XJS and the Mercedes-Benz SL. They wanted to offer something that appealed to the young drivers looking to get into the European luxury car market.
The small and nimble two-seater wasn’t just another Cadillac. It was an exclusive model that sported a Cadillac chassis and a body built in Italy. It came with all the bells and whistles available in the late 80s and early 90s, and it was powered by a 200 HP 4.5L V8 engine, which was a pretty big deal back then.
Some classic cars were seen as ordinary cars during their heydays. The Allante is definitely not one of them. It wowed people when it debuted in ’87 and it continues to wow people to this day. You’d think that it’s already a collectible, but it’s underappreciated in today’s market. Still, we can see it appreciating soon. The Allante even has some hallmarks of a future collectible:
1. It Was Expensive to Produce.
Cadillac enlisted the legendary Italian coachbuilder Pininfarina to build the Allante’s body. Each unit of the body was shipped to the US and then assembled here in the US. Cadillac insiders called the process “the world’s longest assembly line.”
Not only was the Allante expensive to make but it was expensive to buy. A buyer back in the late 80s and early 90s had to fork over $50K-$60K, which is $110K-$133K in today’s dollars, for an Allante. In fact, it was the most expensive car in Cadillac’s lineup during that time.
2. It Was Featured in the 24K Magic Video.
Yes, that video. Bruno Mars (the mastermind behind the megahit Uptown Funk) is seen driving a black Allante.
The 24K Magic video was one of the greatest hits of 2016, so we won’t be surprised to see the Allante achieve pop culture icon status in the near future.
3. It’s Rare.
The Allante was around for 6 years, but Cadillac produced only just over 21,000 units. They’d initially wanted to build 6,000 units per year, but they ended up making half as many. The rarest model year is 1992, with only 1,931 Allantes produced. What car collector doesn’t want a rare Italian-designed roadster?
If you happen to come across a Cadillac Allante, snatch it up if you have the dough! It’ll most likely turn out to be a great investment.