Mercedes-Benz 280SL - Pagoda
The car that marked the end of an era. Comparable 280SL models have exhibited a 10-year CAGR of 16.7%*.
Asset Details
This particular Mercedes-Benz 280SL is a beautiful, original specimen. Its valuation of €195,000 has been certified by an independent third party. The 280SL has been appraised at a value 20% higher than the offered share price.
Car price
€163,000
Car valuation
€195,000
Financing volume
€100,000
Past Growth
Over the past 10 years, the 280SL has shown an impressive compound annual growth rate of 16.7%. This is based on an average sales price in 2012 of €34.672, which is calculated from 10 data points of comparable assets from publicly available auctions from 10 years ago and the current sales price of €163,000.
Mercedes produced 23,885 280SLs and over the past year, pagodas in a similar condition have sold for more than €163,000 with a number now fetching considerably higher prices in line with our independent valuation of €195,000.
Model History
When the Mercedes-Benz W113 debuted at the Geneva International Motor Show in 1963, it create a big impact.
The w113 was the world's first sports car with a safety body that included a robust passenger cell as well as front and rear crumple zones.
The car embodies the 1960s era, sharing history with members of the Beatles and Elvis Presley.
Asset Information
Maintenance description
This 208SL "Pagoda" is regularly maintained and stored in a secure location in Germany.
Manufacturer
Daimler-Benz
Model
W113 28SL - "Pagoda"
Initial Registration
June 1969
Production year
1969
First delivery to
USA
Mileage
106km, post restoration
Storage location
Berlin, Germany
Condition description
The 280SL has been expertly restored to the original condition it was in when it left the factory.
Restored
Grade 1 restoration
Modifications
None
Original paint
Yes, restored
Exterior color
#268 Dark Blue / Green
Interior color
#138 Leather Bamboo and Brown
Manufaturing numbers
Yes
Manual
Yes, original
Production
1967 to 1971
Cars produced
23,885
Assembly
Stuttgart, West Germany
Designer
Friedrich Geiger
Bela Barenyi
Paul Bracq
Bela Barenyi
Paul Bracq
Motor
2.8 L, Inline 6 cylinders, longitudinal, SOHC, M130
Performance
170 PS or 168 bhp or 125 kW @ 5750 rpm
Transmission
4-speed manual
*Past performance is no guarantee of future results.
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