Can a 1991 500E ever be worth £70k?

[stumpy1]

Low miles ex museum car, 1 of 25 official UK cars.

 

[jaymanek]

Link?

Mine is a UK car,better stop using it if its worth that much!... there were 28 delivered to UK dealers.

 

[markjay]

Low miles ex museum car, 1 of 25 official UK cars.

Not an classic car expert, but I think not.

It is mostly sports cars, convertibles, coupes, etc that go to the top of the price list, very rarely 4 door saloons. Even a fully restored SL rarely goes above £50k, with £25k being a more realistic price for a good clean one.

 

[John Jones Jr]

70k? I don't think so, not when there's still average to good cars for sale @ 10-15k.

 

[neilrr]

Is it, by any chance, a Charles Ironside car?

 

[def90cars]

Its worth what someone is prepared to pay I guess.

 

[bing]

Think it's this : http://www.silverarrows.co.uk/1991-mercedes-500e ?

Dealer thinks it's worth this because it took 18days to build

As much as I love these cars no e500e is worth this. Maybe an E60 , and that's a maybe!

I'd sooner invest in one of these on a 4door:

 

[E270 Owner]

It should read £7,000

IMHO

 

[WDB124066]

I saw a silver SLC on the Orchard Road in Singapore in 2008, it looked like a moviestar and cost pretty much the same in Singapore

Someone who really wants to look different will pay to stand out from the crowd, maybe in a few more years...???

 

[markjay]

'...one of only 29 cars sold directly by Mercedes Benz UK.'

I am assuming that what they are saying is that it is rare for MB UK to supply LHD cars - but this is more of a curiosity than an actual reason for value increase?

It seems to me that the high price is meant to generate publicity for the dealer, rather than actually selling the car at this price, and if so then it worked....

 

[WDB124066]

The Classics Centre in California had a near new one for sale for three whole days, it was a bit cheaper though.

 

[John Jones Jr]

I'd sooner invest in one of these on a 4door:



View attachment 46061

I'd agree, that's a better buy. But a better buy again imo is an EVO.

 

[RBYCC]

Difficult to predict future pricing on any low production vehicle.
It all depends on market desirability which can be very fluid.

Case in point, in 1983 I purchased in the UK for export to the USA a 1966 Aston Martin DB6 Vantage spec, reg # NWJ2D, chassis DB6/2447/R.
I paid 12500 sterling at a time when sterling was about on par to the dollar.
I kept the car until 1997 when I sold it for a fair market value of $20K.
Seventeen years later the same car would sell quickly for 150K-200K sterling.

One never knows, but if you are "making the bet" , best to keep miles low, maintain to a pristine condition, keep original and have as much documentation as possible.

Cheers

Ed A.

 

[John Jones Jr]

Difficult to predict future pricing on any low production vehicle.

Ah, but the question is, is a pristine, low mileage 500E now worth £70k. And importantly to some, would it increase in value or even keep inline with inflation?

 

[MD5]

Ah, but the question is, is a pristine, low mileage 500E now worth £70k. And importantly to some, would it increase in value or even keep inline with inflation?

I don't think so. The bodies of Astons have never been used as Berlin taxis, and I think prices of the E500 will always been governed by this aspect. They will only ever stand out to the aficionados, who will rationalise this when paying, I think.

 

[WDB124066]

GPB250 000 for a Sierra, go figure...

Ford Sierra RS500 TEXACO EGGENBERGER GRP A... 1988 | Trade Me

70 looks kind of cheap doesn't it?

Coming down for the world series Ed...?

 

[John Jones Jr]

Chalk & cheese. That's a full works race car with history. I don't think there's any comparison.

 

[WDB124066]

It's only got two xxxxxxx doors! Well I know what I'd rather have. All it takes is for someone who had one of these back in the day to get a little nostalgic and.....

 

[cheffy]

Might as well get my tuppence worth in No offence to the 500E or anyone who owns one - but seriously how can this be worth £70k ? your'e into pristine SL Pagoda territory at that price ! maybe - outside chance of a half decent grosser !!

On the Sierra yep, as already stated, race prepared, with some sort of pedigree will be woth a lot more than a standard RS 500, mind you there's one for sale at the mo for £62,000 or there about !!

Another racing RS 500 currently on the market is **** Johnsons (Australia) championship winning car is up for around £220,000 - bargain

 

[bing]

Similar one here : http://www.historics.co.uk/buying/auctions/2014-03-08/car/1991-mercedes-benz-500e.aspx?p=

In fact same colour! Same b*llsh*t, UK supplied car .. A bit more mileage 86k , Auctioned and sold for £18k !

70k car , seller on another planet .