Car of the Week: This 1930 Cadillac V-16 Sport Phaeton Could Fetch Upward of $1 Million at Auction

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Car of the Week: This 1930 Cadillac V-16 Sport Phaeton Could Fetch Upward of $1 Million at Auction
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It's just one of 17 authentic examples left in existence.

V-16 Sport Phaeton with body by Fleetwood, the Pennsylvania coachbuilder acquired by Fisher Body in 1925. The Fleetwood name has since been associated with the most exclusive Cadillac models for decades.Corey Escobar, courtesy of RM Sotheby’s.

After paying $25 for the car in 1952, owner Joseph Runyan spent $2,500 on a restoration for the practically abandoned vehicle.Alongside the V-16 was a “mere” V-12 built from the same year until 1937, of which 10,903 were made. The Sixteen carried a big engine, displacing 7.4 liters and making about 165 hp with 270 ft lbs of torque. On lighter models—a relative term, considering some Sixteens weighed upward of three tons—top speed could eclipse 100 mph.

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