W113 Pagoda SL Group > General Discussion
Calling the Experts!! Question About Pricing for 1971 280SL
kellybuster101:
I have a single owner 1971 280SL that I am looking to sell for my family. It has been family owned since new, with approximately 93,000 original miles. The vehicle was damaged on the passenger side fender approximately 10 years ago. It was professionally repaired and the entire vehicle was repainted the original color. It has the original spot welds on the driver side fender and hood. We have all of the service records since it was purchased. Overall it looks to be in good shape, with some light surface rust in the trunk area and on the driver side door jam. I currently have the SL listed on autotrader classics for $69k OBO (https://classics.autotrader.com/classic-cars/1971/mercedes_benz/280sl/101140011). I see a huge range on pricing with these cars, so I am curious what everyone's thoughts are on my asking price. I will be adding more photos of the soft top and trunk (with mat, spare, and tool kit) in the days to come. Thanks in advance!
Rolf-Dieter ✝︎:
Hi Kelly,
Since you are not sure about the price I strongly recommend you have the car appraised, you need to do this anyway for it to be insured. It would not be right to have someone test drive it without being insured. Unless you can get short term insurance to have someone test drive the car.
In my humble opinion I think you might be a bit low on the price, i’m Thinking more like mid $ 80K
Dieter
PS. I am by no means an expert, however, have seen quite a few cars for sale in the past 5 years since I found my280 SL
MikeSimon:
To an extend, the moniker used in Real Estate values also applies to collector cars: Location, location, location.. There is a 20+% spread in value/price if you consider this.
And then, timing. If you sell your car exactly at that time when several people are looking, you will be able to realize a higher price.
I don't know the car of course, but from your description, anywhere between what you are asking and what Rolf-Dieter said seems to be a fair price.
Although, you may have to let it go for 50-55k if you want to sell it and are pressed for time.
Restoration jobs for these are extremely pricey and if someone wants to buy it to turn it into a perfect car, they may not want to spend that much.
Rolf-Dieter ✝︎:
Artur,
One other item you might like to do and that is go to Insurance site Hagerty, select Value then fill in the car make year etc.
The classifications of condition 1 to 4cshould give you a fair asking price.
Dieter
Here ——> https://www.hagerty.ca/valuationtools?gclid=EAIaIQobChMItevzs4Oh4gIV242zCh2WyAXVEAAYASAAEgJD0vD_BwE&ef_id=EAIaIQobChMItevzs4Oh4gIV242zCh2WyAXVEAAYASAAEgJD0vD_BwE:G:s&s_kwcid=AL!5126!3!295193841992!b!!s!!%2Bhagerty%20%2Bvaluation&aff=g_ca_hv_b
kellybuster101:
Thank you Dieter! I had not considered getting the vehicle appraised. The SL is currently in storage, but I will definitely have it appraised once it is transported up to my location. As of now, we were not planning on showing the car or entertaining offers until June 1st. I will wait until we have it appraised and insured for that value before doing anything else with the car. I appreciate your quick feedback!
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