The R107 500 SL continues to part the sea of classic convertible grand tourers, positioning itself right at the front as the one that everyone wants.
- Fully restored R107 500SL sells for record-breaking £130,000
- The former concours winning SL in Nautic Blue underwent two thousand hours of restoration work
- 500SL to be shipped overseas to new owner
- Record price for a R107 indicates new chapter for the most produced Mercedes-Benz convertible
SLSHOP has sold a 1987 500SL (R107) for £130,000 exceeding previous figures on their records since the company started trading. The fully restored 500SL (R107) has exceeded the company’s previous record set at the beginning of 2021, marking a new chapter for the iconic convertible produced from 1971 to 1989.
The vehicle in question is a 1987 500SL restored to original condition by the company and commissioned by Sales Director, Bruce Greetham who sourced the car from Wales where it had resided for 15 years awaiting restoration. The flagship R107 500SL finished in Nautical Blue is a high-specification example, with every optional extra available from the factory and featuring a Mushroom leather interior.
The vehicle underwent a meticulous restoration cycle for over two years, receiving new panels from front to rear, as well as a bulkhead restoration. The M117 V8 engine was stripped and re-built, as was the gearbox and rear axle, while the wheel bearings, suspension and brakes were all replaced. The company report over two thousand hours were invested into this 500SL.
The work carried out was acknowledged by several major publications, including Classic Mercedes Magazine, while the 500SL also won the Concours Masterclass title at Bicester Heritage in 2016. Known internally by its registration, D44 BPJ was passed on to its current owner in 2017 who commissioned SLSHOP to sell the vehicle on their behalf this summer.
Sales Director and former owner of D44 PBJ, Greetham stated, ‘’I am delighted to be reunited with my 500SL, albeit a short acquaintance. But I am thrilled to have found a new owner for this exceptional 500SL. This vehicle is part of SLSHOP’s history as a company and helped us reach the position we are in today. To see it go on to be enjoyed and continue to fly our flag is a privilege. I hope that from this point onwards, we only see D44 PBJ in photos, cruising on the open road where it belongs.’’
SLSHOP reports that the level of interest in this 500SL was staggering; and reflective of the wider interest in the Mercedes-Benz brand as prompted by the recent record 300SLR auction sale. The company maintains that ‘’fully restored examples appeal to enthusiasts who want the very best and are willing to invest handsomely to acquire examples where there is a shortage of originals.’’
The company releases Market Reviews on a quarterly basis which point to a continued interest in the R107; with the flagship 500SL pulling the values of the more readily available six-cylinder variants in the same direction. There’s are available to read on the company’s digital Journal.
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