Pagoda SL Group

W113 Pagoda SL Group => General Discussion => Topic started by: pagode.info on September 29, 2007, 23:50:39

Title: New German Classic Data Market Prices
Post by: pagode.info on September 29, 2007, 23:50:39
2007 German Classic Data Market Prices for 230 SL - 250 SL - 280 SL:

All prices are in € !

1 € = aprox. 1,43 US $

http://www.pagode.info/4.htm

Have a nice day,

TOM
Title: Re: New German Classic Data Market Prices
Post by: Rolf on September 30, 2007, 07:58:09
The link does not work for me. Does it work for anyone else?

Rolf
1966 230SL Auto
1992 300D
1991 FLHS
Title: Re: New German Classic Data Market Prices
Post by: Bob G MN on September 30, 2007, 08:01:36
Doesn't work for me either.

Bob
Title: Re: New German Classic Data Market Prices
Post by: Kemal on September 30, 2007, 09:06:48
I got it,(' :D ') however can't read it [ German] (' :( ')

Kemal
280 SL Manual 69
Title: Re: New German Classic Data Market Prices
Post by: hauser on September 30, 2007, 09:23:24
I can't read or speak German but it looks like they're estimating the values of the W113 series conditions 1 thru 5.

1969 280sl 5 spd
Gainesville, Fl.
Title: Re: New German Classic Data Market Prices
Post by: 66andBlue on September 30, 2007, 11:29:17
Perhaps this may help:
Condition 1
Flawless original new car condition (or better than newly restored).
No signs of use. A true rarity.
Condition 2
Very good original condition (or professionally restored).
Without defects but may have slight signs of usage.
Condition 3
Used condition with normal signs of use. No rust through. Minor defects, but without required immediate repairs.  Fully usable.
Condition 4
Worn out condition, only conditionally drivable, immediate repairs required. Minor to medium rust damage but still relatively easy to repair.
Condition 5.
Total restoration required, not drivable.  Large investments necessary, but still restorable.  Perhaps partially or completely dismantled.  Missing parts.


What Tom didn't mention is that these "market prices" have increased by 60%, 50%, and 30% respectively, for cars in condition 1, 2, and 3 since the magazine's last review in 2005.
But don't blame the price increase only on the weak green buck stimulating the demand. On January 3, 2005 the conversion rate was already up to 1 Euro = $1.35:
(http://www.sl113.org/forums/uploaded/66andBlue/200793013275_Euro-$%20conversion.jpg)


Alfred
1966 blue 230SL automatic
Title: Re: New German Classic Data Market Prices
Post by: jameshoward on September 30, 2007, 11:36:22
No surprises:

Condition 1: Original car in excellent (new, rather than and better than newly restored) condition. No wear. Basically, a perfect car, v rare.

Condition 2: Very good original condition or professional restoration. The odd tiny dink; no problems and little wear.

Condition 3: Good used condition with normal wear. No serious rust; small dinks but not requiring any immediate work. 100% usable. Basically, a good driver.

Condition 4: Pretty well worn. Not really drivable. Requires some immediate work. Medium level of rust. Still relatively easy to restore.

Condition 5: Needs restoration and large investment but do-able. Can't be driven. Parts missing. Could be parted out. (Is what I think the last bit says).
Title: Re: New German Classic Data Market Prices
Post by: jameshoward on September 30, 2007, 11:37:33
And based on previous experience, I'd take more note of Alfred's translation than mine! (I was translating whilst he was posting! The story of my life)
Title: Re: New German Classic Data Market Prices
Post by: Bob G ✝︎ on September 30, 2007, 13:58:30
Look at Joh Olson's SL market letter for true price for cast on all Mercedes-Benz SLs.

Bob Geco
Title: Re: New German Classic Data Market Prices
Post by: Peter van Es on October 01, 2007, 01:42:01
In my view, these prices are probably realistic. At Technoclassica Essen we've seen cars in condition 1 go for in excess of €100,000 regularly. These prices reflect probably what most cars go for in adverts from private sellers and through dealers.

Do not that the € / $ rate has absolutely no impact on the European prices... it just makes good cars from the US seem astonishingly cheap for us Europeans at the moment, the same way it makes our cars look ridiculously expensive.

The risk associated with buying a car through ebay, or remotely in any other fashion, is such that there is very little effect that the trickle of overseas transactions can have on price in either market.

Now if we set up a little overseas trading company with trusted sl113 members buying cars in the US for trusted sl113 members in Europe to sell, that might be a different matter...

Peter


Check out http://bali.esweb.nl for photographs of classic car events and my 1970 280SL
Title: Re: New German Classic Data Market Prices
Post by: pagode.info on October 03, 2007, 00:06:01
The news is, that German Classic Data will publish a new pricelist
at the end of 2007. German average market prices for good cars
increase 30 % - 50 %.

280 SL in good condition = 48000.-- Euro (68160.-- US $)
280 SL in perfect condition = 73600.-- Euro (104512.-- US $)

This may lead to reinforced inquiry from Europe on the US Market.

Have a nice day,

TOM