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Are prices for vintage Mercedes climbing?
Hi Peaches,
Are prices for vintage Mercedes climbing faster than other objects of art and value? As time goes by there are fewer running and roadworthy old Mercedes available. Our friend Dan is looking for a nice 1960 to 1970 car but there are not many on the market right now to choose from.
Over the past decade, the economics have not been favorable for restoration of four door cars. If you bought a car for five thousand and spent five thousand on repair you could be upside down. Recently however, we have seen very nice sedans selling for up to $30,000 and Coupes selling for $40,000 and upwards.
What are your thoughts about the future of vintage Mercedes?
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