[W126 Coupe] M1991 560 SEC value chart

[joe chiappinelli]

Gerry,

Thanks for the feedback. I am very much aware of the SL Market Letter and
consider it an excellent publication. The thing I like best is that he uses
SOLD prices only. However, my interest is to focus on only the 2,138 1991
models with 2 goals in mind. One is to determine and track value, the other
is to determine how many of the 2,138 have survived. The SL Market
publication, as i recall, doesn't provide that level of detail nor other
details such as mileage, location and color combinations which do influence
value. Because so many of the 126 coupes were made, I think the only ones
that have a chance of reaching true collector status will be the very best
of the low mileage, original condition 1991 models along with the AMG
versions. Interesting to note however is that the average (unweighted)
price of the April-September 2010 models you provided is $10,300 which
comes pretty close to the average price in my database of 1991 models which
is $10,316.

I'm pretty sure Olsen sources his information from the CPI Black Book which
is only available at a very steep price. I haven't had access in years but
unless it's changed, it used to be published monthly (i think) and listed
the sales of all "Cars of Particular Interest" (CPI) by model year and
condition. I used to track the value of my '59 356A by it.

Thanks again for the feedback and Happy Thanksgiving.

J.Chip

On Wed, Nov 23, 2011 at 8:36 AM, Gerry Van Zandt <gerryvz at me.com> wrote:


> Hi Joe,

>

> I was just reviewing some MBCoupes mails before deleting them from my

> inbox and came across your note below.

>

> There is a publication (newsletter) that has been around for about 25

> years that comes out every 3-4 weeks. It's called the SL Market Letter and

> it pertains to all collectible MBs, focusing on price trends and some news

> articles and editorial.  The newsletter costs about $75 per year but it's a

> great read and I've been a subscriber for more than 10 years now.  It's

> print only -- not available electronically. You can see more (and download

> a sample issue or two) at www.slmarket.com

>

> Anyway, John Olson, the editor, issues price trends at least once per year

>  on the S-Class coupes from all years (and in other issues he does other

> collectable MBs).  His latest coupe findings were about a year ago (so

> we're due for another round of price info) but he delineates it by year and

> condition of the cars. Also he only focuses on SOLD prices, not asking

> prices.

>

> If you are interested, here is the data for 1989-1992 560SEC coupes, by

> rated condition (classic 1-6 scale) of the cars.  The reason he lists the

> 126 coupes up to 1992 is because some were actually sold that year,

> although technically they were 1991 model cars.  Anyhow ….

>

> The data shows that the cars have just bottomed out or are just bottoming

> out in price, and in some instances have started to head back up slightly.

>  I think we have turned the corner in values for the SECs.

>

> 1989 SEC new price:  $79,840

> 1992 SEC new price: $83,900

>

> 1992:  0 built, 557 sold US market

> 1991:  2,138 built, 676 sold US

> 1990: 5,270 built, 1,787 sold US

> 1989: 5,299 built, 1,747 sold US

>

>

>

> April-September 2010 data

> Cond 1 - $26,500

> Cond 2 - $14,500

> Cond 3 - $11,500

> Cond 4 - $5,900

> Cond 5 - $2,400

> Cond 6 - $1,000

>

>

> July-December 2009 data

> Cond 1 - $27,000

> Cond 2 - $14,000

> Cond 3 - $10,000

> Cond 4 - $6,120

> Cond 5 - $2,700

> Cond 6 - $1,250

>

>

> January-June 2007 data

> Cond 1 - $28,000

> Cond 2 - $15,900

> Cond 3 - $12,000

> Cond 4 - $7,825

> Cond 5 - $3,775

> Cond 6 - $1,500

>

>

> July-December 2003 data

> Cond 1 - $29,000

> Cond 2 - $17,900

> Cond 3 - $13,600

> Cond 4 - $11,000

> Cond 5 - $5,435

> Cond 6 - $1,700

>

>

> I hope you find this useful.  This is the most objective market-based data

> out there.

>

> Cheers,

> Gerry

>

>

>

> On Nov 14, 2011, at 11:15 AM, mbcoupes-request at mbcoupes.com wrote:

>

> Message: 1

> Date: Sun, 13 Nov 2011 13:00:14 -0500

> From: joe chiappinelli <joe.chiappinelli at gmail.com>

> Subject: Re: [W126 Coupe] 1991 560 SEC value chart

> To: Mercedes Coupes Mailing Lists <mbcoupes at mbcoupes.com>

> Message-ID:

> <CAAaZT4THvJhwcEjT+0dB4vX7Wm=Np=R9RHoBjz3FJC-95b_R8Q at mail.gmail.com>

> Content-Type: text/plain; charset="iso-8859-1"

>

> Egil,

>

> Based upon my data, it looks like a 1991with 209k should bring a bit over

> $5,000. Of course, that depends upon condition, location, and many other

> subjective factors which I don't (can't) track. This would be an average

> price based upon my limited sampling at this time so if you feel your car

> is in "above average condition" or has qualities that may make it more

> desirable than an "average" 1991 560, you could justify a higher asking

> price. For example, if free of rust with a recent timing chain replacement

> and a fully functioning AC, you would be justified in asking north of $5k

> assuming all else is without problems. These are great cars but costly to

> sort out so a lot depends on what issues you may have and what issues have

> already been addressed. Hope this helps.

>

> J.Chip

>

>

>

> The MB Coupes Website!

> W126 SEC Mailing List

> Postings remain property of MB Coupes, L.L.C.

>

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://www.pairlist.net/pipermail/mbcoupes/attachments/20111123/253955a2/attachment.htm>