$4.5 Million Mercedes … They Aren’t All This Expensive

by Nate Torvik on September 27, 2012

At a recent Bonhams of London auction at the Goodwood Revival, a 1928 Mercedes-Benz S-Type sold for $4.5 million—this after sitting in a garage for 60 years. It all goes to show you that when it comes to Mercedes-Benz, history and tradition are the cornerstones of the brand. Without history and tradition, an automobile company does not have the groundwork laid to deliver the latest in innovative technology, industry-leading design, and customer-based loyalty.

If only we were all wealthy enough to purchase a historic Mercedes vehicle. Alas, a $4.5 million price tag means that the vast majority of us will be out of the bidding. Some of us are lucky if we have $4.50 on any given day, much less 1,000,000 times that.

1928 Mercedes-Benz S-Type

Not many things age well in 84 years. I can tell you that if I sat in a garage for 60 years, no one would want me. Although this Mercedes model is older than my grandfather, it only has 8,375 miles on the odometer. It’s been owned by the same English family since its date of purchase back before sliced bread in 1928. Interestingly, the original coachwork was not made by Mercedes, however, but by Cadogan Motors of London, making it slightly less valuable. I don’t care what country you live in, $4.5 million is a hefty amount.

The S-Type model was one of the premier vehicles of its day. In the early 1900s, the S-Type name brought with it an air of confidence, performance, and prestige. These cars could reach nearly 100 mph, making them one of the fastest in production at the time. Another S-Type, a 1928 Saoutchik Roadster, won Best of Show at the 2012 Pebble Beach Concours d’Elegance in August, one of the most coveted awards in the world of car shows. These sports cars were incomparable on the race track and left other models of the day crying for their mommies. It is really no wonder that these extraordinary vehicles are highly sought after in auction houses today.

Owning a vehicle with such great pedigree and nostalgia would only be a pipe dream for most, but for those that can afford it, no feeling can quite compare. Every year, more classic Mercedes-Benz cars hit the auction market, and you can expect that they will continue to shock and awe readers, buyers, and fans. If you are someone who one day hopes to own a classic piece of Mercedes lore such as this S-Type for $4.5 million, you had better start saving your pennies. A car of this stature costs quite a few of them.

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