Mercedes-Benz W108/W109
1965–1972
Lowest price
US$15,251
Since 2020
Median price
US$77,000
Since 2020 · n=5
Highest price
US$264,000
Since 2020
Sold cars
5
All time
Sell-through
100%
Of 5 lots

Based on 5 verified auction results
US$70,500
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
US$36,920
-48%
5-Year Forecast
US$30,413
-57%
Estimates based on 5 verified United States sales.
Market scores
48
Desirability
Thin
30
Liquidity
Poor
10
Resale Outlook
Marque analyst note
The Mercedes-Benz W108/W109 has declined sharply to a median of $70,500, down 25 percent over the past year and now trading below its medium-confidence valuation signal. The recent downward momentum aligns with a broader depreciating trend that shows no signs of stabilizing in the near term.
Transaction activity remains extremely thin, with only five documented sales tracked over the past twelve months and zero active listings currently on the market. This sparse liquidity makes price discovery difficult and suggests that any sale will likely require either patience or pricing concessions to move inventory.
The W108/W109 occupies the collectible tier with moderate desirability, though production figures are unavailable for this analysis. These 1960s-era Mercedes sedans retain appeal among enthusiasts, but that appeal has not translated into consistent demand or price support recently.
The base projection calls for continued depreciation, with median prices potentially falling to $36,920 within three years—a 47.6 percent decline from current levels—and further deteriorating to $30,413 by year five. Such steep declines suggest underlying softness in buyer appetite that extends well beyond cyclical market fluctuations.
Sellers should approach this market with caution given the combination of thin liquidity, downward pricing pressure, and weak near-term outlook. Prospective buyers willing to wait may find substantially better entry points, though the trajectory offers little comfort for appreciation-focused collectors over the next several years.
Depreciation Benchmark
- Current avg valueUS$70,500
- 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)US$600
- MaintenanceUS$2,010
- StorageUS$3,220
- Depreciation— (appreciating)
- Total annual costUS$5,830
Market Liquidity
- Active Listings0
- Sales Last 12 Months3
- Sell-Through60%
Market Snapshot
- Active Listings0
- Avg Sale PriceUS$99,450
- Avg Mileage at Sale—
- Recent Price RangeUS$15,251 – US$264,000
- Total Sales Tracked5
Recent sales
Indicative only — not investment advice. Past performance is not a reliable indicator of future value.