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United States market

Mercedes-Benz W108/W109

1965–1972

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  • 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

Mercedes-Benz W108/W109

Based on 5 verified auction results

SELLDepreciatingmedium confidence

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%)
No damage or salvage declarations found in the titles and descriptions of the auction lots we track for this model. That's a good sign, not a guarantee — always commission a professional inspection and history check before buying.

Est. Annual Ownership Costs

  • Insurance (agreed value)US$600
  • MaintenanceUS$2,010
  • StorageUS$3,220
  • Depreciation— (appreciating)
  • Total annual costUS$5,830
This car has historically appreciated — carrying cost is offset by value growth, not eroded by depreciation.

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

  • US$31,000

    Bring a Trailer · 13 Jul 2026

  • US$15,251

    Bring a Trailer · 13 Apr 2026

  • US$110,000

    mecum · 11 Apr 2026

  • US$264,000

    mecum · 19 Jan 2025

  • US$77,000

    mecum · 14 Aug 2021

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.