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1987 300SL
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300 Posts
Discussion Starter #1
I keep an eye on 107 prices to make sure my insurance reflects what they are worth. Very few 107 300SLs get sold in Australia, so I checked UK last night. 8 for sale averaging Aus$64,000. Surprised me. V8s generally don't seem to be as popular in UK. In Australia 560SLs delivered and sold here originally fetch the highest prices, but this car yard is dreaming

https://www.carsales.com.au/cars/details/1987-mercedes-benz-560sl-auto/OAG-AD-19139879/?Cr=5

How are prices trending in your part of the world?
 

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1983 380SL, ivory/dk brown, 46k miles, dual roller timing chain. 1986 560SL, red/white, 190K mile.
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7,068 Posts
Wow, $64K AUS is $46.5K US.
That's 3 to almost 4 times the going price here in the USA for an average 560SL.
I just bumped the agreed value at Hagerty Insurance on my 1986 560SL from $10K to $15K. I would sell it for $15K.
 

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1986 560SL with M120 V12 Engine, 1988 560SL Stock
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10,669 Posts
That's $101,000 USD equivalent for a 39,000 mile car. It is in really nice condition. A car like that in the US would go for about $30K to $40K.
 

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1986 560SL
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121 Posts
A really good source to determine value is Bringatrailer.com - this year they have sold over 60 560SL’s alone and prices vary from approx. $9K to $69K. Very low mileage examples (0 - 25K miles) go north of $50K. Most nice examples seem to be in the $15K - $25K range. The nice thing about BAT is these are sold prices not asking prices. US$
 

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1986 560SL with M120 V12 Engine, 1988 560SL Stock
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10,669 Posts
Heres one from E-bay with 41K miles. Sold for $29,900 USD

 

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'79 450SL, '04 CLK200 convertible; former A124, W210, A209.
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2,291 Posts
I think the prices in the US are somewhat deflated as vast majority of 107 was originally sold there, so there's ample supply. This is contrasted by high demand in ROTW and so prices are sky rocketing in Europe and elsewhere. When I got my Eleanor in 2015 I had her insured (agreed value) for €12k. Fast forward 5 years and the latest valuation is €38k, granted I've done a lot of work to restore her. If I just kept to basic maintainence I'd say she'll be worth €18-20k.
 

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1987 300SL
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300 Posts
Discussion Starter #7
The nice thing about BAT is these are sold prices not asking prices. US$
And a very good point @visman . A site like Carsales only has asking prices, not sold, so no idea what they actually went for. But unless it was withdrawn from sale, you would have to think the majority would sell for close to their asking price. There seems to be about 30 for sale around Australia at the moment. Very good examples priced sensibly sell within weeks, others have been there since I started looking early last year
 

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1987 300SL
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300 Posts
Discussion Starter #8
I think the prices in the US are somewhat deflated as vast majority of 107 was originally sold there, so there's ample supply. This is contrasted by high demand in ROTW and so prices are sky rocketing in Europe and elsewhere. When I got my Eleanor in 2015 I had her insured (agreed value) for €12k. Fast forward 5 years and the latest valuation is €38k, granted I've done a lot of work to restore her. If I just kept to basic maintainence I'd say she'll be worth €18-20k.
R107 300SLs were worth about $25k, in Australia, when I bought early last year @miko1aj . It appears they could be currently worth around 40K in good condition
 

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300sl 1987
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756 Posts
Here in Europe/Spain sale prices climbed to 30K€ for a decent 300sl. Asking prices went up to 40K€.Very little cars came up for sale and were gone within a few days. Now there has been a 'flood' (8 to 10 cars) for sale here with asking prices around 30K€ and they just linger there. So the covid crisis is making people want to sell them.

So prices climb but the crisis has hit them. Still price goes up veeeeery slowly while value is still there stronh: a usable classic. My 2cts
 

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Outstanding Contributor
450slc5.0cab 280sl5sp 280se4.5 500se+500slAMG +250seStkW108 350sl4spdX3 500secEuro
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22,753 Posts
Does anyone know if there’s a site that is good to list a car for sale in Europe if the car is actually located in the US?

I have driven a pile of six Recaro seats to a shipping port in Bayonne, NJ before. There they were loading up cars to go to Europe, and they explained that the cheapest way to do it is to load an entire shipping container. I now could actually probably do that. :)

So finding a good site or broker in Europe somewhere that could accept or hold an entire shipping container worth of cars is what I would probably need, well, that plus a site to start listing the cars.
 

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'71 350SL, '76 450SLC (Euro both)
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273 Posts
The asking prices of 107's are always an eye-opener at theslshop.com. Granted they all look perfect. I think demand in the UK for the R/C107 is greater than the US.

BaT seems to have a sub-30K mile 560SL every week, if not every other day. And there are buyers. I've been watching Mercedes Motoring for years. I'm always impressed with the cars JG sources. Just a few years back he was asking around $25K for one of his low-mile diesels. Now, that same car is selling in the $50K range. Prices for vintage Mercedes are climbing. They're a high quality machine at a good value.
 

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Premium Member
1989 560 SEC - V-8 Kompressor - 95 E320 Estate
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2,083 Posts
As a longtime BW member most of my time is on w126 and sometimes on w124 forums. Last year I restored a wonderful 1987 R107 for a client in southern CA. Recently acquired this beautiful 1984 euro 500SL. Great color combo, always garaged 87k example. Looking forward to restoring this car for the next caretaker. Hope you guys enjoy the before pic's taken today. Mike
2650997
2650998
 

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Premium Member
'72 350SL, '85 300D, '98 E320, '19 Subaru Outback (sold '14 GLK250)
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10,766 Posts
Does anyone know if there’s a site that is good to list a car for sale in Europe if the car is actually located in the US?

I have driven a pile of six Recaro seats to a shipping port in Bayonne, NJ before. There they were loading up cars to go to Europe, and they explained that the cheapest way to do it is to load an entire shipping container. I now could actually probably do that. :)

So finding a good site or broker in Europe somewhere that could accept or hold an entire shipping container worth of cars is what I would probably need, well, that plus a site to start listing the cars.
What you suggest is probably quite a good idea. You would not have to own all the cars. Just get a group together who have cars they wish to sell, plus a dealer in Europe who will buy them.

(Didn't you sell your original SL to a Euro buyer?)
 

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Outstanding Contributor
450slc5.0cab 280sl5sp 280se4.5 500se+500slAMG +250seStkW108 350sl4spdX3 500secEuro
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22,753 Posts
What you suggest is probably quite a good idea. You would not have to own all the cars. Just get a group together who have cars they wish to sell, plus a dealer in Europe who will buy them.

(Didn't you sell your original SL to a Euro buyer?)
Yes. That buyer found my listing on eBay. Apparently Europe has been flooded with US r107 in the past ten year though.

I was still able to just today initiate the receipt of payment for two 1985 AMG cars, the 1985 500sl in 199 I recently acquired, and the gold / smoke silver 500sel I’ve had for a few years now (but did little with). Both could be gone as early as Monday getting combined with two other purchases into a single shipping container for a European fellow I’ve been communicating with for a few months now because of a similar interest in MB classics. I don’t know what the other two vehicles in the container are.
 

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1983 380SL, ivory/dk brown, 46k miles, dual roller timing chain. 1986 560SL, red/white, 190K mile.
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7,068 Posts
I need to research how to make monetary transactions so I don't get scammed.
My neighbor lost $3K from Craigs List scam trusting the seller too much.
Ebay has Buyer Protection which guarantees you will get the vehicle.
The last time I purchased a car on Ebay the Seller wanted Bank Transfer of funds
then 2 weeks later I took delivery. I could have been scammed but I trusted the seller.
All my other purchases and sells have been in cash or at the Bank.
 

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1986 560SL
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121 Posts
BAT just sold a nice 1988 560SL with 85K miles for $20K. Comments indicated this was a very good price (for the buyer).
 

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1974 450SL (always needs something!) new djet engine 1991; 1961 Besasie X-3 (being restored)
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888 Posts
Wow, $64K AUS is $46.5K US.
That's 3 to almost 4 times the going price here in the USA for an average 560SL.
I just bumped the agreed value at Hagerty Insurance on my 1986 560SL from $10K to $15K. I would sell it for $15K.
I just bumped the value of my 74 450SL to 15K from 10K. At that value, maybe I should hope the house burns down and takes the SL with it....:):rolleyes:
 
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