1949 Series 62 current version 0.94

For 1948, the Series 62 was moved to the same 126 in (3,200 mm) chassis as the Series 61, making the vehicles virtually identical. The main difference, apart from extra chrome, was the availability of a convertible model. Distinguishing features included grooved bright metal front fender gravel guards, rocker panel brightwork, chevron style chrome shlashes below taillights and slightly richer interior trim. Also in 1948 the first tail fins were added. Sales fell to 34,213, nevertheless accounting for a record 68% of all Cadillacs sold.

The new Cadillac OHV V8 was the big news for 1949, with minor trim differences otherwise. This 331 cu in (5.4 L) engine produced 160 hp (119 kW).The major difference between Series 61 and Series 62 models of similar body style was minor trim variations. The higher-priced series again had grooved, front fender stone shields and bright rocker panel moldings. Chevrons below the taillights were no longer seen. The convertible was an exclusive offering. A heater was optional. Sales reached a record 55,643.

The Cadillac Series 62 Coupe de Ville was introduced late in the 1949 model year. Along with the Buick Roadmaster Riviera, and the Oldsmobile 98 Holiday, it was among the first pillarless hardtop coupes ever produced. At $3,496 it was only a dollar less than the Series 62 convertible, and like the convertible, it came with power windows standard. It was luxuriously trimmed, with leather upholstery and chrome 'bows' in the headliner to simulate the ribs of a convertible top.