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1954 Cadillac Eldorado. The 1954 Cadillac Eldorado was the second year of production for this limited model. Production reached 2,150 which was an increase from introduction in 1953 of only 532. it After the 53 model that had extensive body modifications, the 1954 only received trim upgrades over the 62 series that helped lower the price. Eldorado used the 331 ci V8 with 4 speed Hydra-Matic transmission. The current owner had an uncle who owned a 1954 Eldorado when he was 14 years old, inspiring him to own this car. Owning the car for almost 20 years, he has had it completely restored to factory specifications. Owner: Paul Hunter, Yarrow Point, WA. Photographed at the Pacific Northwest Concours d'Elegance held September 7, 2014.