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United States market

Mercedes-Benz W123

1976–1985

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  • Lowest price

    US$2,000

    Since 2020

  • Median price

    US$6,000

    Since 2020 · n=3

  • Highest price

    US$10,000

    Since 2020

  • Sold cars

    3

    All time

  • Sell-through

    100%

    Of 3 lots

Mercedes-Benz W123

Based on 3 verified auction results

HOLDAppreciatinglow confidence

US$6,000

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

US$10,159

+69%

5-Year Forecast

US$12,118

+102%

Estimates based on 3 verified United States sales.

Market scores

34

Desirability

Thin

30

Liquidity

Excellent

85

Resale Outlook

Option premiums

What every option is worth.

  • Built ≤ 1982

    US$2,875-48%

    6 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 has climbed to a median price of US$6,000 in the US market over the past twelve months, up 25 percent year-over-year on a modest sample of three transactions. The holding signal reflects genuine appreciation against modest but real upward pressure, though the low confidence score warrants measured interpretation given the thin transaction volume.

Liquidity remains constrained with only three tracked sales over the trailing year and zero active listings currently in the market. This thinness means buyers and sellers should expect wider bid-ask spreads and potentially longer holding periods, though it also suggests that motivated transactions, when they occur, are genuine commitments rather than speculative noise.

The W123 carries a collectibility rating that reflects its status as a stable modern classic with established appeal to preservationists and period-car enthusiasts. Desirability scores as low relative to its peer set, and production-volume data is not available, but the model's recognized historical significance and the scarcity of clean examples in the US marketplace supports its footing within the collectible tier.

Transacted examples average 369,400 miles, indicating that most sales involve well-used examples rather than garage-stored specimens. This mileage norm aligns with the W123's reputation as a rugged, long-lived platform and suggests that condition and service history likely outweigh the odometer reading in driving valuation.

Base projections model a rise to US$10,159 over three years (69 percent appreciation) and US$12,118 over five years (102 percent appreciation). These gains assume continued steady demand from the classic-car collector base and reflect the model's slow, consistent climb rather than speculative momentum. Given the thin trading volume, prospective buyers should approach these projections as directional rather than precise forecasts.

Depreciation Benchmark

  • Current avg valueUS$6,000
  • Annual appr. rate+25.0%/yr

Vehicle History Signals

  • Auction lots tracked12
  • Damage or salvage declared0 (0.0%)
  • No damage declared12 (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)US$600
  • MaintenanceUS$1,210
  • StorageUS$3,220
  • Depreciation— (appreciating)
  • Total annual costUS$5,030
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months3
  • Sell-Through100%

Market Snapshot

  • Active Listings0
  • Avg Sale PriceUS$6,000
  • Avg Mileage at Sale369,400 mi
  • Recent Price RangeUS$2,000 – US$10,000
  • Total Sales Tracked3

Recent sales

  • US$6,000

    Bring a Trailer · 19 Aug 2026

  • US$10,000

    Bring a Trailer · 11 May 2026

  • US$2,000

    cars-and-bids · 15 Apr 2026

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