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Australia market

Mercedes-Benz W123

1976–1985

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  • Lowest price

    $8,000

    Since 2020

  • Median price

    $13,900

    Since 2020 · n=3

  • Highest price

    $28,000

    Since 2020

  • Sold cars

    4

    All time

  • Sell-through

    100%

    Of 4 lots

Mercedes-Benz W123

Based on 4 verified auction results

HOLDAppreciatinglow confidence

$13,900

Market value · recent verified sales

+25.0%

12-month change

Hold or Wait

Appreciating but pace slowing. Patient buyers may find better entry.

Median sold price up 25.0% over the last 12 months. Hold if owned; chasing the trend at peak carries risk.

MSRP

—

Collectibility

5/10

Collectible

3-Year Forecast

$23,534

+69%

5-Year Forecast

$28,074

+102%

Estimates based on 3 verified Australia sales.

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Market scores

34

Desirability

Thin

30

Liquidity

Excellent

85

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1982

    −$9,929-71%

    7 with · 5 without · med confidence

Premiums compare the median price of sales with each option against comparable sales without it, mined from verified auction listings. Sales are pooled across markets on a relative-price basis, so exchange rates and market levels can't skew the split. Options interact in ways a one-at-a-time split can’t capture — treat each premium as directional rather than gospel.

Marque analyst note

The Mercedes-Benz W123 in Australia is trading at a median price of AUD $13,900, up 25 percent over the past twelve months, though the signal remains a cautious hold given limited transaction velocity and low confidence in the trend.

Only three sales have been tracked in the last year across a total sample of four recorded transactions, signaling a thin and fragmented market where individual deals can skew interpretation of broader momentum. The absence of active listings at present underscores just how sparse supply and buyer interest remain in the local market.

Classified as a stable modern classic with a collectibility score of 5, the W123 occupies a niche appeal tier rather than commanding mainstream enthusiast demand. Desirability metrics score low, suggesting the car draws a narrow collector base rather than broad market participation.

No mileage data is available from transacted examples, limiting insight into condition norms or wear patterns typical of cars moving through the market at this price point.

The three-year base projection sits at AUD $23,534, implying a 69 percent appreciation from current levels, with the five-year forecast reaching AUD $28,074—a doubling of today's price. These gains rest on the assumption that modest but steady collector interest continues to compound, though the thin liquidity profile means execution risk remains material for both buyers and sellers.

Depreciation Benchmark

  • Current avg value$13,900
  • Annual appr. rate+25.0%/yr

Vehicle History Signals

  • Auction lots tracked23
  • Damage or salvage declared0 (0.0%)
  • No damage declared23 (100.0%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$1,830
  • Storage$4,870
  • Depreciation— (appreciating)
  • Total annual cost$7,610
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

For sale now · 1 live

All live deals

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0
  • Sell-Through0%

Market Snapshot

  • Active Listings0
  • Avg Sale Price$16,633
  • Avg Mileage at Sale—
  • Recent Price Range$8,000 – $28,000
  • Total Sales Tracked4

Recent sales

  • $13,900

    Collecting Cars · 25 Oct 2023

  • $8,000

    Collecting Cars · 6 Oct 2023

  • $28,000

    Collecting Cars · 15 Jul 2023

Common questions

What is a Mercedes-Benz W123 worth in 2026?

The current Australia market median is $13,900, based on 3 verified auction sales. Recent sales ranged from $8,000 to $28,000.

Is the Mercedes-Benz W123 going up in value?

Over the last 12 months its Australia median moved +25.0%. Past movement is not a guarantee of future value.

How many Mercedes-Benz W123s are for sale right now?

We track 1 live auction listing for this model right now — each priced against the market median on this page.

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.