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Looking for the next collectible SL


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Fabulous but pricy 280SLs not without shortcomings.

Fabulous but pricy 280SLs not without shortcomings.

What’s rare but affordable today?
Revisiting the early 107 series cars

*If you are contemplating the purchase of any SL, be sure to consult the massive Research Database. Tips and advise found there can save you thousands of dollars when buying an SL.

January 2008

Now that the collector car auction season has officially been kicked off by last weekend’s auction extravaganza in Arizona, I’ve given some thought to what the next emerging affordable (<$50k) collectible Mercedes SL might be. There must be an SL lurking out there waiting to be discovered because its styling, performance, and touring characteristics are in tune with the tastes of potentially new SL enthusiasts.

Prices are rising quickly for excellent 1968-1971 280SLs and exceptional 190SLs are expensive although archaic to actually try to use regularly. Gullwings and 300SL roadsters provide interesting conversation but are out of reach for 99% of enthusiasts.

Looking for the next collectible SL.

What will it be then…the 560SL? Nope, it’s too new and lacks any vintage appeal for a late baby boomer. How about the SLCs? Someday, but not in the foreseeable future. My vote goes to the European model 350SLs, specifically any manual gearbox early production car. Let’s look at the numbers.

Production started in 1970 (three produced) and continued through 1975 but we’re interested only in the earliest cars which have the closest link to the venerated but flawed 113 chassis 280SL, the spiritual successors if you will. Robert Nitske notes 4,802 350SLs constructed in 1971. Based on the 72% automatic transmission preference data for the 1970 280SL, we can reduce the pool of cars to just 1,345 1971 350SL four speed manuals. Factor in the poor rust resistant qualities of these early 107 chassis cars in Europe and we can consider another 20% of production simply gone forever. This leaves us with perhaps just over 1,000 units to choose from. The final parsing is scary if you end up wanting one of these cars. All were European models and none were marketed in the US by Mercedes-Benz. Occasionally imported via the “grey market” channels, true 350SLs in the US are extremely rare. Until January 20, 2008, I had never seen one. Remember, the 1972 US 350SL actually carried a 4.5 liter engine and was never offered with a manual gearbox here. How many 1971s can be in the United States? Perhaps 100. How many 4 speeds? Maybe 50. You get the picture.

 

An emerging collectible SL? We think so.
An emerging collectible SL? We think so.

Specifications don’t lie

Yes, a 1975 350SL is likely a similar car with incremental improvements but a 1971/1972 350SL still connects us to the classic era. Is there a 1975 automobile on the planet that elicits respect? The 1968-1971 280SLs generate a tremendous amount of interest and are commanding increasingly hefty prices. But why? Let’s compare specifications gleaned from the Research Database.

1971 280SL 1971 350SL
Engine: 2.8 liter 6 cylinder 3.5 liter V-8
Output: 180 hp SAE 230 hp SAE
Torque: 193 ft/lb 231 ft/lb
Weight: 3200 lbs 3400 lbs
Rear axle ratio: 3.92 3.46
Max speed: 121 mph 130 mph
Fuel injection: Bosch mechanical Bosch electronic

Here is the key refinement advantage the V-8 350SL has over the high revving inappropriately geared 280SL: engine speed at 100 km/hr (62 mph). The 280SL’s 3,500 rpm mechanical thrash becomes intrusive at 62 mph, while at the same speed the 350SL’s fundamentally quieter V-8 is loafing at 2,945 rpm. Conversation at 70 mph in the 280SL can sometimes become pointless over the din of the six cylinder which is now turning 4,000 rpm.

So, here are the facts: The 350SL has 50 more horsepower, 38 ft/lb more torque, only gives up 200 lbs and gets better fuel mileage. Factor in a more usable ventilation system, dozens of passive safety improvements, and you have a future classic!

No, it doesn’t have the charming shape of the “Pagoda” cars but there is a purity of line to an early 107 chassis SL unadorned with the various protrusions hung on the car over its lifetime. The “Pagoda” link is intact if you stand and look at the 350SL head-on. In my mind the 1971/1972 350SL is the perfect bridge to the classic era of SLs without most of the earlier car’s foibles.

Our newly arrived Moss Green 1971 350SL 4 speed manual with no AC and manual windows.

Our newly arrived Moss Green 1971 350SL 4 speed manual with no AC and manual windows.

Pagoda or 350SL to Big Sur?

I’m going to Big Sur this weekend via the spectacular Highway 1 down the California coast and will probably take the two tone Red/Black 1969 280SL currently in inventory. But I can tell you, were the 1971 350SL 4 speed I bought last Sunday ready, the 280SL would stay in the shop. Our tatty but solid and correct 350 won’t be ready for a few months but it will be under me the next time I head down the coast. The Euro 4 spd 1971/1972 350SL just might put the “grand” back into the notion of affordable SL grand touring!

Roy Spencer, editor MercedesHeritage.com
Photography from Roy Spencer and Mercedes-Benz

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Please comment on this article below.

9 Responses to “Looking for the next collectible SL”

  1. by don despenza on July 22nd, 2009 6:57 pm

    I just had the pleasure of getting my hands on a 1971 euro with a 4 speed manual trans.I pais $800 for the car. I think it will take me $5000 to get it the shape that I would make it decent. This article just inspired me.

    Don

  2. by charlesnoll on September 27th, 2009 9:05 pm

    I have a 1972 350 SL which is in good shape after 37 years of life. Since the production run was so long on the 107 I had given up hope of any classic value. Your article was encouraging. Was the ’72 a European or American made car?

    Thanks,

    Charles Noll
    Midland, Tx

  3. 1972 350SLs were constructed for both the US and European markets. However, all US model 350SLs were fitted with 4.5 liter engines, AC and automatic transmissions for us lazy Americans.

    Europe had a far wider selection of engines/gearboxes and levels of equipment and all Euro 350SLs were fitted with the higher compression 3.5 liter engines. Manual gearboxes were available as well. To see a nice example of a Euro 4-spd manual 350 SL 3.5 click this link to see our cool 1972 for sale: http://www.mercedesheritage.com/classifieds/viewlisting.php?view=177

  4. by John Harris on October 26th, 2009 1:43 am

    I have just picked up a 1971 350SL , an auto , has dual headlights and 2 pair of front fog lights, looks identical to the green one posted , except for being red . It has ac , manual windows and reads in MPH. I believe it is a 3.5 car, my injectors are yellow and I have read that signifies it as such ( tell me if that is not the correct information ). Am I also to understand that it is a 4 speed auto rather than the us spec 3 speed auto that came with the 4.5 engine. Still in the initial stages of figuring out what the car really is, but so far I lkie what I see.

    Thanks,
    John in AZ

  5. by Joseph Ludwig on November 13th, 2009 8:15 pm

    I have a ’71 Euro 350 SL (3.5L engine). It looks exactly like the one in the picture for the w107 classified section… including the lack of head rests. It is an automatic w/ 68k miles. I drive it all the time and it turns heads. I had been looking for a w107 for years and was about to give up when I found this one at a garage sale a few years ago…. It didn’t run so I nurtured it back to health… I knew it was rare when I got it. I had only seen a few 350′s in my life.. glad to know its probably going to be a collectible. Sadly its almost time to put it to bed for the winter.
    Thanks,
    Joseph in Ohio

  6. [...] all day and do it in a more refined and relaxed manner. The facts were presented in my article “Looking for the next collectible SL.” Gillan likes the Euro 300SL for its low cost of operation and capable handling. However, Euro [...]

  7. What is is proper price to pay for one? is a 10703410 car. 4 speed. with documents to support the 54k miles showing on the odometer. correct and original.

  8. [...] Am thinking the most valuable 107 cars will be the 1971- 1972 350sls with a factory 4 speed and the high compression European engine. These cars are identified with this VIN#- 10704310………… This link is a worthy read on the subject: Looking for the next collectible SL [...]

  9. Carl, rust is always the issue. If the car has no or very little rust am thinking it is currently worth 13-15k. These are indeed rare cars.

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