Like its sisters the Buick Skylark and the Oldsmobile Fiesta, the first Eldorado was shown to the public at GM’s Motorama in 1953 as a limited-production convertible available in small numbers at a high price. In subsequent years, the price was lowered and the car was built in greater quantity being not quite as “custom” as the original ’53. While the rest of the Cadillac line-up received modest changes, the 1955 Eldorado received dramatically new rear styling. The Eldorado was the first production Cadillac to use the rocket ship tailfins seen earlier on the La Espada and El Camino Motorama show cars.
Eldorados came equipped with an exclusive high performance 331-cid V-8 producing 270-hp through two four-barrel carburetors while breathing through a massive gold-painted batwing air cleaner. Gorgeous new “Sabre-Spoke” wheels appeared for the first time highlighted by rear wheel openings without fender skirts; also making their initial appearance. At a base price of $5,814.00, before options, Eldorado production remained limited with just 3,950 built for 1955. Painted white with a matching white top and red and white interior, this Eldo is equipped with automatic transmission, power steering, power windows, power top, power seat, clock, radio and Autronic-Eye.