Date registered: Dec 2005
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RE: Benz values
Lots of factors go into values for "used" cars.
First and foremost is supply/demand. A Chrysler 300D in great shape is very, very rare. Second is faddishness. Right now, 60s-70s muscle cars are in huge demand. It's not (in my opinion) justified when you look at the cars analytically. They are simple, low quality, poor braking, poor handling cars; and while we think of them as being real fast, you have to keep in mind that a 2005 Camry V6 goes 0-60 in under 7 seconds.
At some point, a car transitions from being a "used" car (when it is valued for its utility and quality), into being a "collector's" car, which gets valued by scarcity and emotion.
I think aging european cars are going to be valued as "used" cars for a long time. And since the 1960s virtually all cars were made in HUGE numbers so scarcity will not occur for a long time.
Also, the older car must have "something" that sets it apart from everything on the market today. A friend of mine has a 1991 BMW M5. It's gorgeous, and for its day, it was amazing. But compared to even a basic german sedan today, it's nothing to get excited about.