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Australia market

Mercedes-Benz W123

1976–1985

Add to Garage
  • 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.

Market scores

34

Desirability

Thin

30

Liquidity

Excellent

85

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1982

    $8,610-62%

    5 with · 4 without · low 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 the Australian market is trading at a median of $13,900 AUD, up 25 percent over the past twelve months—a meaningful gain for a segment where trading activity remains sparse. The upward momentum is supported by only three transactions in the period, so while the directional signal is positive, the sample size limits confidence in that reading.

Liquidity remains thin, with just four total sales tracked across the available dataset and no active listings currently available. This combination of low desirability and sparse turnover means buyers and sellers should expect longer search windows and limited negotiating competition when cars do appear.

The W123 occupies a stable modern classic tier with a collectibility score of 5, reflecting its enduring appeal as a representative German sedan of the 1970s and 1980s era. Its desirability score sits low within that cohort, which explains the thin transaction volume despite the segment's cultural footprint among enthusiasts.

The three-year base projection suggests appreciation to $23,534 AUD (69 percent gain), with a five-year base reaching $28,074 AUD (102 percent gain). These estimates assume continued gradual recognition of the model's classic status and steady demand from the niche collector base, though the low-confidence rating reflects the small sample driving the analysis.

The current hold signal reflects the upward trajectory offset by genuine liquidity constraints. Anyone considering acquisition should prioritize condition and documentation over near-term price movement, given the long holding periods typical in this segment and the cost of storage or maintenance during extended holding periods.

Depreciation Benchmark

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

Vehicle History Signals

  • Auction lots tracked11
  • Damage or salvage declared0 (0.0%)
  • No damage declared11 (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.

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

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