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 W108/W109 Mercedes-Benz has retreated sharply over the past year, with the median price falling to £26,066—a 25 percent decline from twelve months prior. The SELL signal reflects sustained downward pressure, though the small sample size of just two tracked transactions warrants caution when extrapolating broader market direction.
Liquidity remains severely constrained, with no active listings currently on the market and only two sales recorded across the tracked period. This thinness makes execution difficult for sellers and creates unpredictable pricing gaps between individual transactions.
The W108/W109 occupies the collectible tier with a score of 6, driven by its status as a significant post-war saloon design, though moderate desirability and absent production-volume data suggest the market views these cars as secondary-tier classics rather than blue-chip holdings.
Base projections point to substantial further erosion. The three-year outlook calls for a decline to £13,650 (a 47.6 percent loss from current levels), with the five-year estimate settling near £11,245 (56.9 percent decline). These forecasts assume continued softness in the appreciating-classic segment without a meaningful shift in collector interest.
Mileage data is absent from the recent transaction record, making it difficult to assess whether condition variance or age-related wear is influencing recent sales prices. Prospective buyers should establish clear condition benchmarks independent of the thin market evidence available.
The confluence of negative momentum, illiquidity, and weak forward guidance suggests patience may be warranted for potential buyers, while current holders face a difficult choice between accepting near-term losses or betting on a reversal that the data does not yet support.
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.