Used Mercedes-Benz 240 Price Guide

The Mercedes-Benz 240 is a classic executive saloon renowned for its robust engineering and timeless design. With approximately 200 listings available across the UK, prices typically range from £9,000 for higher-mileage examples to £60,000 for pristine, low-mileage models.

Market Summary

Price range
£9,000 – £60,000
Total listings
200
Most common year
2020
Most common fuel
Petrol

Mercedes-Benz 240 Prices by Year

Year Min Price Avg Price Max Price
1976-1978 £15,000 £28,000 £60,000
1979-1980 £12,000 £22,000 £45,000
1981-1982 £11,000 £19,500 £38,000
1983-1984 £10,000 £18,000 £35,000
1985 £9,000 £17,500 £32,000

Average Price by Fuel Type

Diesel

£19,500

Average Price by Mileage

Mileage Average Price
N/A miles £32,000
N/A miles £22,000
N/A miles £16,500
N/A miles £12,500

About the Mercedes-Benz 240

The Mercedes-Benz 240 designation primarily refers to the W123 240D (1976-1985), one of the most durable saloons ever produced. Powered by a 2.4-litre diesel engine producing around 72bhp, these vehicles were built to cover exceptional mileages with minimal fuss. The W123 generation is celebrated for its solid construction, comfortable ride, and understated elegance. Many examples remain on UK roads today, testament to their longevity and the dedication of enthusiast owners who maintain these classics.

What Affects the Price of a Used Mercedes-Benz 240

Age and originality are primary factors, with earlier 1970s models commanding premium prices if unmolested and rust-free. Mileage matters less than condition and service history—well-maintained examples with 200,000+ miles can exceed neglected lower-mileage cars in value. Bodywork condition is critical, as rust in sills, floor panels, and wheel arches is common and expensive to rectify. Original paint, complete service records, and matching numbers significantly increase desirability. Recent restoration work, particularly to underside and mechanicals, adds value. Rarity also plays a role, with estate variants and certain colour combinations fetching more than standard saloons.

Tips for Buying a Used Mercedes-Benz 240

Inspect thoroughly for rust, especially in structural areas—lift carpets and check under trim. Listen for excessive engine smoke or knocking, though these diesels typically run rough when cold. Verify all electrics function, as repairs can be costly on older vehicles. Request comprehensive service history and evidence of recent maintenance including brake and fuel system work. Check for oil leaks around engine and transmission seals. Consider joining a Mercedes-Benz owners' club for pre-purchase inspection services. Budget for ongoing maintenance costs and sourcing period-correct parts. Test drive to assess suspension wear, steering play, and gearbox operation. Factor in potential restoration costs when evaluating cheaper examples—a sound car at £15,000 often represents better value than a £9,000 project requiring substantial work.

Frequently Asked Questions

Used Mercedes-Benz 240 prices in the UK range from approximately £9,000 for higher-mileage or project cars to £60,000 for exceptional, fully restored examples with low mileage and comprehensive history. Most solid, roadworthy examples sit between £12,000 and £25,000.

Later W123 models from 1982-1985 generally offer improved build quality and refinements, though earlier 1976-1979 examples are increasingly collectible. The best buy depends more on individual condition and provenance than specific year—prioritise rust-free bodywork and complete service history over production date.

Rust is the primary concern, particularly in sills, floor panels, boot floor, and wheel arches. Other issues include wear to suspension bushes, steering box play, oil leaks from engine seals, and deterioration of rubber components. Electrical gremlins can occur due to age. The engine and gearbox are generally robust if properly maintained.

Browse Used Mercedes-Benz 240 Listings

View all available Mercedes-Benz 240 for sale on Mobeo

View Listings