Hagerty, Grundy or a similar stated value type policy would cover it, it does limit your use of the car though but then again a 30K show wagon probably wouldn't be a daily driver. It would be easy to get to 30K if you were to pay someone to restore a wagon to this type of condition. Beautiful cars and MM seems to find buyers. I know I couldn't afford to own my 2 old MBs if I had to pay someone to service them much less restore them.

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1968 230 W110 +3.5 M116 & 4-Speed Manual
1985 300TDT S123
1985 500SEC C126

Then why would anybody pay the current going price for a 190SL?
Or a 300SL gullwing for that matter?

It's an individual thing, just because it's not worth it to you, doesn't mean other people cannot place a different value on a car.

For a daily driver, my CDI blows any W123 or W124 diesel into the weeds.
But my W124 cabriolet is a completely different proposition, it's a car I've wanted to own since they were first introduced and is treated as a toy, and therefore not apples to apples compared to a newer version. I wanted THAT car, not just any cabriolet.

Jim

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14 E250 BlueTEC black. 45k miles
95 E320 Cabriolet Emerald green 66k miles
94 E320 Cabriolet Emerald green 152k miles
85 300TD 4 spd man, euro bumpers and lights, 15" Pentas dark blue 274k miles

It's what you make it. My 240D will never be perfect like MM's cars but it will be clean and nicely done. And I'll be happy.