Valuation Trends: Mercedes-Benz

Having been in the collector vehicle and specialty insurance space for more than 40 years, we know this for sure: values are always changing. That’s exactly why it's so important to place vehicles on a Guaranteed Value® policy with a partner that regularly monitors changes in value and helps communicate that to agents and customers.

At Hagerty, we have a whole team dedicated to Automotive Intelligence, including valuation, pricing and market trends. In fact, they helped us gather the information for this whole Cars You Should Know campaign.

Two notes: When we talk about the “average value” here, we’re talking about the average condition 3 value. If you want to learn more about what “conditions” look like, check out our visual guide. Also, we reference the Hagerty Price Guide throughout the article. The price guide is the premier collector car value guide—accurate, up-to-date, and without pricing bias or prejudice.

SL (Roadsters)

• All models up: According to the Hagerty Price Guide condition 3 value, all SLs in the guide have appreciated 15% from $223,000 to $257,000 in the past five years.
• Wide spread: The most valuable SL is the 300SL of 1954-64, which has an average condition 3 value of $1.96 million in 2025. The least valuable SL is the 380SL of the early 1980s, which has condition 3 value of $12,700.

S-Class

• Most affordable: The 1970s generation S-Class is the 116-Series (1972-80) and is the most affordable with an average condition 3 value of $13,600. Values are up 16% since 2020 for this generation.
• Not as affordable: The 186-Series cars are among the most valuable Mercedes-Benz vehicles, with an average condition 3 value of $313,000.

E-Class

• Porsche-made and prices are up: The 500E/E500 (1992-95) of the 124-Series was built by Porsche. It is the most valuable version of the E-Class with an average condition 3 value of $44,100, which is up 31% since 2020.
• Pricier still: AMG versions of the E-Class with documentation and extensive modifications can be 10x more valuable than the 500E.

G-Wagon (Forgotten classic)

• 25K and rising: The average condition 3 value for G-Wagon (1979-2018) is $25,000 and is up 9% over the past five years.
• Talk about rare: The 6x6 G-Wagons can sell for close to seven figures, but only 100 were built in the original series and are eligible for import into the U.S. under ‘Show and Display’ exemption.

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