Pagodas on the market

[MikeSimon]

Don't know if any of you follow the auction scene, but Mecum Auctions last weekend sold two 280SLs at their Dallas auction.
A blue 1969 with 60,000 miles sold for $83,600 and a Red 1970 with 15,000 miles sold for $93,500.

[Shvegel]

Mecum is the wrong auction for our cars.  If you can get into Goodings or RM you would be much better off. I bet you could buy the 15,000 mile car and bring it to Goodings and make at least $50,000.

[Taleb]

Macum is the logic price , RM they exaggerate with there price

[MikeSimon]

My experience with both RM and Bonham's is that their cars are on the high end. That has to do with the kind of classic car they are selling and the regular clientele, both seller and buyer. Bear in mind, that actual transaction prices are higher due to buyer's premium.
Both cars at Mecum Dallas were priced realistically, IMO, for what they were.

[Shvegel]

I looked at the pictures of the low mile car.  Although it still carries most of it’s Gemi clamps it is far from pristine.

[PaulC]

Hi all, been a while since my last post but as you were talking about Pagodas on the market, thought you might find this one interesting:

https://www.carsales.com.au/cars/details/Mercedes-Benz-280SL-1969/SSE-AD-2799260/?utm_campaign=search-alert&utm_source=notification-centre&utm_medium=email

Even has it's own web site:

https://mercedes280sl5speed.com/

Top end price wise.

Regards to all

PaulC

[Garry]

That is actually my old Pagoda i sold some years ago  Its a nice car with one of the brand new production ZF gearboxes in it.


Garry

[JamesL]

Was the Hydromat your doing or was that after your time?

[Bonnyboy]

Bring a trailer has a 230SL that looks like a great restoration candidate or just a clean up and "drive the doors off" type of car.  Wonder how cheap it will go.   They have one looks like it will be expensive as well.

[Garry]

Jamez,


That was the current owners doing.


Garry

[perry113]

Bring a trailer has a 230SL that looks like a great restoration candidate or just a clean up and "drive the doors off" type of car.  Wonder how cheap it will go.   They have one looks like it will be expensive as well.

I have found BAT to a very informative gauge on part of the W113 market place. It seems to me that pricing whether it is 230SL 250SL 280SL is on a more even playing field. I have also noticed that in general 230SL pricing has held relatively strong. People on BAT are paying similar money for tarted patched up cars as they would for really honest solid more honest and original cars.

Overall the gap in pricing has narrowed between all of the W113's. Much like we are seeing in the early 911 market. 911T's are holding strong while 911S 911E and the earlier SWB cars have come down.

Like buying any car it pays to be educated or consult an expert before you pull the buy it now switch. Some cars are an absolute bargain relative to overall condition and some are extremely well sold. Overall the W113 market in my eye still holds strong.

[Rothko]

Hagerty's valuation site is showing declining values in the last year or two for 280SLs.  A quick search on Hemmings shows a few 280SLs still in the sub-$60K range.  Certainly not an exhaustive analysis by any means, but I heard a while back that the market may be weakening since the next generation of classic car buyers is starting to show more interest in the cars from the late 1970's and 1980's - the cars they grew up with.

[lowpad]

 I was really surprised at the $33K that the silver BAT 230SL fetched considering the missing parts (many quite expensive), the sad state of the hardtop and the extensive rust repair (and that was only the part that was visible...)  Having said that, there have been some quite nice, pretty original 230SL restoration candidates that have gone for relatively low prices.  Pagodas seem to be popular cars on BAT at the moment.

[perry113]

I was really surprised at the $33K that the silver BAT 230SL fetched considering the missing parts (many quite expensive), the sad state of the hardtop and the extensive rust repair (and that was only the part that was visible...)  Having said that, there have been some quite nice, pretty original 230SL restoration candidates that have gone for relatively low prices.  Pagodas seem to be popular cars on BAT at the moment.

I completely agree with you on the silver 230SL that sold on BAT. That car was worse than it looked. It appears there are a few uneducated buyers on BAT. You can look at previous 230SL BAT sales and can find a handful of really honest solid original cars that sold for similar and in some cases less money than tarted and bondoed up cars.
This 65 230SL that was advertised on EBAY recently was much less
see here:
https://www.ebay.com/itm/1965-Mercedes-Benz-SL-Class-/153223639671?nordt=true&orig_cvip=true&rt=nc&_trksid=p2047675.m43663.l10137

This car was a true barn find and appeared to be honest and unmolested. True it would need alot of work but much better than the silver car and for alot less money.

[mbzse]

.../...This car was a true barn find and appeared to be honest and unmolested.../...

This white 230SL SL has the same green MB Tex interior as my car. Amazing the way this material has withstood the past 50 yrs of wear&tear and ageing (especially on that white barn find SL, as it has suffered from such questionable storage environment)

[perry113]

This SL has the same green MB Tex interior as my car. Amazing the way this material has withstood the past 50 yrs of wear&tear and ageing

It has the same green as mine and mine is original too!
The original covers and door panels are awesome!!!

[Peter h]

  yes, I like the green......
Peter

[lowpad]

Our MB Tex seats will still be fresh and shiny long after we have all turned to dust -- it's just an amazing material.