Mercedes-Benz W108/W109

The Mercedes-Benz W108/W109 is trading at a median of £26,066 in the UK market, down 25 percent over the past year—a sharp reversal that contradicts its historical classification as an appreciating classic. The downward pressure is clear and accelerating, with the market signaling caution for current holders.

Liquidity remains severely constrained, with only two tracked sales over the past twelve months and zero active listings at present. This thin transaction volume limits the reliability of price signals and creates genuine friction for sellers attempting to exit positions. The scarcity of comparable sales makes timing and pricing particularly difficult in this segment.

The W108/W109 occupies a moderate tier of desirability within the classic Mercedes ecosystem. Production volumes and detailed condition data are not available in current records, but the model's broad appeal and accessible price point have historically supported steady collector interest. Desirability appears stable rather than rising, which may explain the market's recent reluctance.

Base projections point to significantly steeper declines ahead. The model is forecast to reach £13,650 by year three (down 47.6 percent from current levels) and £11,245 by year five (down 56.9 percent). These trajectories suggest structural weakness rather than cyclical softness, driven by modest collector demand and limited upside catalysts in the current landscape.

Prospective buyers should treat current pricing as potentially unfavorable despite the headline decline, given the risk of further compression. Sellers holding examples would be prudent to consider near-term liquidation, as waiting typically extends exposure to falling values in this segment. The combination of illiquid markets, moderate desirability, and sustained downward projections leaves little room for patience.