Used 2001 Cadillac Eldorado
Edmunds' Expert Review
Big honking domestic luxury coupes are nearly extinct, this decade-old Eldorado being the last of the breed. But with a powerful V8 engine, front-wheel drive and lots of luxury goodies as standard equipment, fat cats with a penchant for Americana might find themselves smitten with the creased-and-folded Eldo.
One of the models that lured Cadillac back from the brink of becoming hopelessly behind the times was the current edition of the Eldorado. Introduced for 1992 to critical acclaim, and then substantially improved with the introduction of the Northstar V8 in 1993, the Eldorado (along with its sister car, the previous-generation Seville) has helped bolster Cadillac's future.
While Eldorado lays claim to being the best-selling prestige luxury coupe in the United States, that's not saying a whole lot. In the wake of the deaths of the Lincoln Mark VIII and Buick Riviera, the Eldorado is currently the only luxury coupe built in North America. Consequently, some auto analysts have been crowing about the demise of the Eldo, but Cadillac insiders insist an all-new Eldorado with rear-drive and a smaller body will appear in the near future.
Meanwhile, traditional luxo-coupe buyers can contemplate the big, front-drive 2001 models, which gain revamped engines and minor exterior tweaks. Both of Cadillac's 4.6-liter Northstar V8s (the 275-horsepower version in Eldorado and the 300-horse motor in the ETC) were redesigned last year from the inside out to achieve better mileage with regular fuel, smoother and quieter operation, and certification as a low-emission vehicle (LEV) in some states.
MagnaSteer variable-effort steering gear is standard. Optional on the base car and standard on the Touring Coupe is StabiliTrak, which includes stability enhancement and road texture detection. Stability enhancement is designed to correct skids automatically, allowing the Eldorado to better respond to driver inputs. Road texture detection reads the road surface, leading to better antilock brake performance.
The Eldorado's interior is rich with leather and wood. ETC models have memory systems that recall rearview mirror positions, climate-control settings, or even what CD and song the driver was listening to last. Standard is GM's new, three-button OnStar system that is now integrated into the Eldo's rearview mirror, eliminating the need for a separate cellular phone. With OnStar, a driver can alert emergency personnel to an exact location or simply get travel directions. The system can even track your Eldo if it's stolen, or locate the nearest ATM.
While today's Eldorado is on the bulky side and as gizmo-laden as they come, it still has a distinctive look and a wonderful engine, especially in ETC guise. Sure, the luxury SUV craze is killing off cars of this ilk, but we wouldn't be surprised to see an SUV backlash in the coming years, and comfy coupes like this Caddy may likely lead a truck-weary market charge back to cars.
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Features & Specs
Used 2001 Cadillac Eldorado Overview
The Used 2001 Cadillac Eldorado is offered in the following submodels: Eldorado Coupe. Available styles include ESC 2dr Coupe (4.6L 8cyl 4A), and ETC 2dr Coupe (4.6L 8cyl 4A).
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Should I lease or buy a 2001 Cadillac Eldorado?
Is it better to lease or buy a car? Ask most people and they'll probably tell you that car buying is the way to go. And from a financial perspective, it's true, provided you're willing to make higher monthly payments, pay off the loan in full and keep the car for a few years. Leasing, on the other hand, can be a less expensive option on a month-to-month basis. It's also good if you're someone who likes to drive a new car every three years or so.