Mercedes-Benz W108/W109
1965–1972
Lowest price
US$15,251
Since 2020
Median price
US$77,000
Since 2020 · n=5
Highest price
US$264,000
Since 2020
Sold cars
5
All time
Sell-through
100%
Of 5 lots

Based on 5 verified auction results
US$70,500
Market value · recent verified sales
-25.0%
12-month change
Wait or Sell
Prices declining. Sellers should consider acting; buyers should wait.
Median sold price down 25.0% over the last 12 months. Loss is likely to continue, especially for this segment.
MSRP
—
Collectibility
6/10
Collectible
3-Year Forecast
US$36,920
-48%
5-Year Forecast
US$30,413
-57%
Estimates based on 5 verified United States sales.
Market scores
48
Desirability
Thin
30
Liquidity
Poor
10
Resale Outlook
Marque analyst note
The Mercedes-Benz W108/W109 has declined sharply, with the median price falling to $70,500—down 25 percent over the past twelve months. The current sell signal reflects deteriorating momentum in what was once classified as an appreciating classic.
Liquidity remains thin, with only five tracked sales over the period, making it difficult for either buyers or sellers to gauge reliable demand or execute transactions without extended holding periods. This sparse transaction volume limits confidence in establishing floor prices.
The W108/W109 commands moderate desirability as a collectible sedan, scoring a 6 in collectibility terms. These are mechanically robust, long-running models with historical significance in Mercedes engineering, but they lack the aspirational cachet of contemporary high-performance variants or the rarity premium of lower-production siblings.
The three-year projection carries a sobering base case of $36,920, representing a further 47.6 percent decline from current levels. The five-year outlook settles at $30,413, a 56.9 percent drop. These estimates assume continued softening in the broader classic sedan segment without a catalyst for renewed collector interest.
Owners and prospective buyers should prepare for further price erosion unless market conditions shift materially. The combination of thin trading, moderate desirability, and negative momentum suggests this model remains out of favor in the current collector landscape.
Depreciation Benchmark
- Current avg valueUS$70,500
- Annual appr. rate-25.0%/yr
- Segment average+3.0 to +9.5%/yr
Vehicle History Signals
- Auction lots tracked8
- Damage or salvage declared0 (0.0%)
- No damage declared8 (100.0%)
Est. Annual Ownership Costs
- Insurance (agreed value)US$600
- MaintenanceUS$2,010
- StorageUS$3,220
- Depreciation— (appreciating)
- Total annual costUS$5,830
Market Liquidity
- Active Listings0
- Sales Last 12 Months3
- Sell-Through60%
Market Snapshot
- Active Listings0
- Avg Sale PriceUS$99,450
- Avg Mileage at Sale—
- Recent Price RangeUS$15,251 – US$264,000
- Total Sales Tracked5
Recent sales
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.