Three w123 coupes: specialist prices or rising market?

[KSD]

280CE Petrol Blue - coupe&cabriolet

Concours winner 2010 but now has unstuck wood on the glovebox! All you need is a few blobs of Araldite: surprised they haven't addressed it.

"Brian, being a fuly qualified mechanic, has carried out all the routine servicing over the years": that suggests no paper history. The condition and drive may speak for themselves but it must hit the asking price.


280CE Astral Silver - coupe&cabriolet

They're open about the "lost" history of this one.


CARS ARRIVING SOON - coupe&cabriolet

Carbs model. Rare but not in a desirable way. Looks like Milan Brown.

 

[Sp!ke]

All W123 prices are rising especially the coupes.

I didnt realise they were rising that fast though.

 

[Charles Morgan]

There is a generalised uplift in asking prices, with an awful lot of trying it on. Since putting my Allard on the market (at 15% below an auction price achieved for a like condition one) one on the market has been whacked up in price mildly above mine, and another has just been put up for 30% more.

No sign of any selling though...

 

[KSD]

All W123 prices are rising especially the coupes.

The estates seem to be of about equal pricing. It's a wacky world: All coupés have less space, fewer doors and practicality and probably a worse ride due to shortened wheel base...but worth perhaps more than twice an equivalent saloon.Rarer and prettier, granted...

 

[Vlad]

If you want an absolutely mint W123CE I can recommend this one....a business colleague of mine is selling it and it is absolutely mint and drives like a beauty.

Mercedes-Benz 230 CE 2.3 2dr

 

[rifiki]

Ah, some body else has a 4 cylinder Ponton. I have a 1960 version. quite rare i think.

 

[Scott_F]

There is a generalised uplift in asking prices, with an awful lot of trying it on. Since putting my Allard on the market (at 15% below an auction price achieved for a like condition one) one on the market has been whacked up in price mildly above mine, and another has just been put up for 30% more.

No sign of any selling though...

A quick look on Ebay or any one of the many classic car websites reveals a world of optimists.

Too many cars appear week after week, month after month with asking prices that are utterly fanciful. If a carefully priced car like yours is proving difficult to sell then you have to wonder about some of the others out there.

A lot of private sellers are deluded whilst some dealers must struggle to make a living due to such a slow turnover of stock whilst they wait for months in the hope that a muggins will finally turn up and pay somewhere near what they are asking for a car.

 

[Charles Morgan]

I've had it up for a month, it is a specialist car that needs a bit of sunshine and may take some considerable time anyway, and having ones up more expensively always helps the price positioning. That does not change the generalised reality though - there have always been chancers but not this eruption.

 

[Watchcame430]

A quick look on Ebay or any one of the many classic car websites reveals a world of optimists.

Too many cars appear week after week, month after month with asking prices that are utterly fanciful. If a carefully priced car like yours is proving difficult to sell then you have to wonder about some of the others out there.

A lot of private sellers are deluded whilst some dealers must struggle to make a living due to such a slow turnover of stock whilst they wait for months in the hope that a muggins will finally turn up and pay somewhere near what they are asking for a car.

Very well put ... I think it applies to the car market as a whole ... Some bizarre things out there if you hunt.
Sold completed listings on eBay always gives the truest indication of realistic market value in my opinion.

 

[moonloops]

280CE Petrol Blue - coupe&cabriolet

Concours winner 2010 but now has unstuck wood on the glovebox! All you need is a few blobs of Araldite: surprised they haven't addressed it.

"Brian, being a fuly qualified mechanic, has carried out all the routine servicing over the years": that suggests no paper history. The condition and drive may speak for themselves but it must hit the asking price.

He should/will have dated receipts for all parts used during servicing..

 

[KSD]

A lot of private sellers are deluded whilst some dealers must struggle to make a living due to such a slow turnover of stock whilst they wait for months in the hope that a muggins will finally turn up and pay somewhere near what they are asking for a car.

Keenly observed Mr Scott!

I have a case study of a 53k miles 420SEC that was initially for sale at the exclusive DD Classics in Kew for £9995 last year.

Months passed. No sale. It was put through Anglia Car Auctions and made c£8.

Weeks later it appeared here for £16k and is listed as sold:
PREVIOUSLY SOLD CARS - coupe&cabriolet

But now it's with Charles Ironside at the same price. I suspect the Auction purchaser has shuttled it between the specialist traders on consignment.

 

[KSD]

Very well put ... I think it applies to the car market as a whole ... Some bizarre things out there if you hunt.
Sold completed listings on eBay always gives the truest indication of realistic market value in my opinion.

I think ebay is more often flea-bay for classics. It's a good way to spread the classified advert for publicity purposes, but the auction-style listing are not always the best cars.

 

[Scott_F]

Sold completed listings on eBay always gives the truest indication of realistic market value in my opinion.

But unfortunately shill bidding is a national pastime and "sold" items have a habit of re-appearing a week or two later - or even later that day !

 

[KSD]

But unfortunately shill bidding is a national pastime and "sold" items have a habit of re-appearing a week or two later - or even later that day !

Phil the Shill - Miami Vice Wiki

Well, we are talking 80s exotica...