Mercedes-Benz W108/W109
1965–1972
Lowest price
£16,250
Since 2020
Median price
£22,624
Since 2020 · n=2
Highest price
£28,997
Since 2020
Sold cars
2
All time
Sell-through
100%
Of 2 lots

Based on 2 verified auction results
£26,066
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
£13,650
-48%
5-Year Forecast
£11,245
-57%
Estimates pool 8 verified sales across United States, Australia, United Kingdom — cross-market prices FX-adjusted at Jul 2026 rates.
Market scores
41
Desirability
Illiquid
10
Liquidity
Poor
10
Resale Outlook
Marque analyst note
The Mercedes-Benz W108/W109 has fallen sharply in the UK market, with the median price dropping to £26,066 from roughly £34,750 a year ago—a 25% decline that signals meaningful headwind rather than seasonal correction. The SELL signal reflects this downward trajectory, though the medium confidence rating stems from a thin transaction sample of just two sales tracked over the past year.
Liquidity remains a constraint for this model, with zero active listings currently available and only two recorded transactions in the tracked period. This scarcity of sales data makes pricing validation difficult and suggests buyers and sellers are operating at considerable distance from each other on valuation.
The W108/W109 occupies the collectible tier with a score of 6, classified as an appreciating classic despite its recent depreciation. Moderate desirability underpins the segment—these are respected post-war Mercedes with engineering merit, but they lack the cachet or rarity that typically anchors price floors in downturns.
Base projections indicate sustained decline over the medium term, with the model expected to trade near £13,650 in three years (a further 47.6% drop) and around £11,245 by year five (56.9% total from current levels). These forecasts assume no catalytic shift in collector appetite or supply dynamics, and they warrant close monitoring against actual transaction patterns once more sales emerge.
Sellers holding W108/W109s should treat the current market with caution, as illiquidity combined with downward momentum creates risk of forced concessions. Any recovery would likely require a tightening of supply or renewed collector focus on post-war Mercedes chassis—neither of which shows clear signals at present.
Depreciation Benchmark
- Current avg value£26,066
- 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)£450
- Maintenance£900
- Storage£2,400
- Depreciation— (appreciating)
- Total annual cost£3,750
Market Liquidity
- Active Listings0
- Sales Last 12 Months1
- Sell-Through50%
Market Snapshot
- Active Listings0
- Avg Sale Price£22,624
- Avg Mileage at Sale—
- Recent Price Range£16,250 – £28,997
- Total Sales Tracked2
Recent sales
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.