Author Topic: W113 auction sales - market comps (Read 5225 times)

classicdotcom · « **on:** June 07, 2019, 16:51:49 »

Hello everyone,

My name is Juan and I am one of the guys behind CLASSIC.COM — we recently added the W113 to our classic car market analytics platform, and I thought that this would be the perfect place to get feedback on it.

I’d be honored if you take a look and let me know what you think of it — all feedback welcome! And if you want updates when we find new W113's for sale, or new price alerts, feel free to "follow" the market.

https://www.classic.com/m/mercedes-benz/sl/w113/

- Juan Calle

PS> My brother used to own this 1965 230SL and we miss it

Norm · « **Reply #1 on:** June 07, 2019, 18:50:08 »

Hi Juan,

Welcome to the site. I like the format for your data. It is easy to navigate and interesting supporting data.

You may want to revisit your production numbers for all three models, 230, 250 and 280. It would appear you have listed car volumes exported to the US, not total production.

Total production numbers can be found in the technical section under data cards, etc.

Thanks for posting the link.

Norm

classicdotcom · « **Reply #2 on:** June 07, 2019, 19:18:17 »

Thanks Norm - we're looking into it!

classicdotcom · « **Reply #3 on:** June 07, 2019, 20:07:41 »

Hey Norm - those charts were a bit confusing for us, but we took our best shot at updating the info. Let us know if we got it completely wrong? $:-\$

Quote from: Norm on June 07, 2019, 18:50:08

Hi Juan,

Welcome to the site. I like the format for your data. It is easy to navigate and interesting supporting data.

You may want to revisit your production numbers for all three models, 230, 250 and 280. It would appear you have listed car volumes exported to the US, not total production.

Total production numbers can be found in the technical section under data cards, etc.

Thanks for posting the link.

Norm

Norm · « **Reply #4 on:** June 07, 2019, 20:32:16 »

Much better!

I believe the reference in the technical manual is to Engelen, whose book, Mercedes-Benz 190 SL - 280 SL is a pretty good source.

Norm

Dave H · « **Reply #5 on:** June 09, 2019, 10:54:46 »

Good format, like it a lot.

Interesting looking at the average prices paid.

230SL 16 sales average $47.69K
250SL 06 sales average $82.32K
280SL 28 sales average $78.36K

The 250 is top dog based on these figures, interesting.

Peter · « **Reply #6 on:** June 09, 2019, 15:01:09 »

Concerning market prices, is this site a good source?

Die Preisentwicklung der Pagode (Quelle & Copyright: Koellner SL-Service)

http://www.pagodenteile.de/info/17.htm

teahead · « **Reply #7 on:** August 27, 2019, 17:43:19 »

Man, this sale sure blew up the average:

https://www.classic.com/veh/1971-mercedes-benz-280-sl-pagoda-11304412018997-WbBkqaW/

Anyone want to gather why it sold so high?

Cees Klumper · « **Reply #8 on:** August 27, 2019, 20:22:56 »

I can't figure out how to see any photos of this champion but from the one cover shot it appears the rear is sagging. Surely not at that price. Seems like the seller got lucky as there were bidders that "just had to have this baby".

Garry · « **Reply #9 on:** August 27, 2019, 20:42:03 »

I like the format of the site.

Having just done a visit to the RM Restoration workshop and seen what they do to restore their cars, and if this car below had been through their workshop, then the owner will be making a loss on that sale. I will also note that my past own 280sl 5 speed rhd sold again earlier this year for more than that price.

neelyrc · « **Reply #10 on:** August 27, 2019, 20:54:00 »

The posted link to the Sotheby’s auction on this car in a parallel thread opened but could not be navigated on my device to see individual pictures. I opened the Sotheby’s site in another window and could see the thumbnails but could still not open them individually. It would appear that this car is similar to the ones restored and advertised for sale in this price range by the Classic Center. A ton of money and effort has been expended but the end result is still not 100% as original.

Quote from: Cees Klumper on August 27, 2019, 20:22:56

Seems like the seller got lucky as there were bidders that "just had to have this baby".

I agree Cees!

louie2 · « **Reply #11 on:** August 28, 2019, 01:19:36 »

great info on market values

Shvegel · « **Reply #12 on:** August 28, 2019, 02:15:00 »

Teahead,
The 71 280 sold so high because there were 2 people in the room willing to pay 60K more than it was worth. Good restoration but not perfect by any stretch. Wrong valve cover etc etc.

66andBlue · « **Reply #13 on:** September 07, 2019, 17:48:15 »

Prices for high end oldtimers are going down fast:
"The 2019 Monterey Classic Car Auctions wrapped up Saturday evening with total preliminary sales of only $245.5 million, a reduction of 34 percent compared with the 2018 overall results."
The only up market was for cars in the +/-$60K range.
https://journal.classiccars.com/2019/08/18/monterey-auction-sales-suffer-embarrassment/

Shvegel · « **Reply #14 on:** September 07, 2019, 22:05:25 »

Prices seem to retract right before a recession and seem to peek a little after the drop. Well chosen collectible cars are known to be a better investment than treasuries in a sluggish economy.

Pagoda SL Group

News: