Market Watch: Mercedes SL prices bounce back

They have been among the few sub-£20k cars to lose ground during 2020, but that's changing.

Classic Cars magazine

by Classic Cars magazine |

Prices of R107 generation Mercedes SLs, the model range that ran from 1971 to 1989, have returned to late-2019 form after a year of drifting downwards.

The recovery is led by the later models built from the early Eighties onwards and includes all six-cylinder and V8 versions. The 500SL, 560SL and 300SL are all in our top ten Price Guide Movers On The Up in the latest issue.

The 380SL and 420SL V8s are up 8% from our last update, giving a price range of £3.25k to £26.5k, depending on condition.

The straight six-powered 300SL has climbed 14% for a £3.65k to £30k range and those big-hearted 500SL and 560SL V8s are up 15%, meaning £3.75k to £33k.

These moves come against a backdrop of similarly big-engined cars losing value, even at this genrally buoyant sector of the market, but bought well they still represent tremendous value for money compared to what their modern equivalents cost. Just don't stitch yourself up with a rusty, neglected example – restoration gets expensive with alarming speed on these.

Price Guide Movers On The Up is part of 23 pages of market tips, analysis, buying advice and Price Guide Quarterly produced in conjunction the classic car insurance specialist Hagerty in the latest issue of Classic Cars

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