06 August, 2018

Why Are Classic, Exotic and Sports Cars Locked Away?

You've seen that movie 'Fast and Furious 7', right? Do you remember that supercar which 'fell' off the Burj Khalifa? The car locked in a location with enough security to rival the vault containing the Crown Jewels of the United Kingdom?

There's a quote in the movie "There's nothing sadder than locking a beast in a cage".

This is true to some degree but hold onto that thought because here's a story.

A Mercedes 300 SL not driven for 45 years sold in auction - for a record.

That supercar is a Lykan Hypersport. Seven exist in the world! It cost $3.4m, has a 3.7 L twin-turbocharged flat-six engine which produces 740BHP and 1,000 torque.

Why is the Mercedes 300 SL so Famous?

The 300 SL was a game changer. It pioneered gull-wing doors which became a mainstay for future iterations of the SL series along with the grille and the centre star.

Built from 1954 to 1963, they have become some of the most collectable Mercedes cars. Why? It comes from sporting royalty.

The end of the war resulted in Mercedes possessing limited resources to create cars so they used engineering savoir-faire to create a successful line of racing cars. 

Inspired by those 300 SL racing cars, the gull-winged road version was in production from 1954 to 1957. Mercedes created 1,400 coupes in total. 

The 300 SL Roadster came in 1957 and ceased production in 1963. In total, Mercedes created 1858 Roadsters.

You have the backstory, let's get into the auction.

Mercedes 300 SL Roadster Sells in Auction for Record $3.7m

The owner of this car didn't drive it. From 1972, the car was in a climate-controlled garage and managed to go through 1,372km. This is in addition to its interior which remains largely fresh with the seats suffering no loss of colour and unworn pedals. 

This Roadster, created towards the end of the production run, contains the best of what the 300 SL line had to offer.

The previous owner died in 2011 with no heir and so, the car went to the Swedish Inheritance Fund. The proceeds will go towards various charities supporting disabled children.

Trivia - In the same auction, a 1956 Mercedes 300 SL Gull Wing sold for $1.6m.

Final Words

Fair investment? Or a wasted opportunity? The new owner may drive it with pride or put it into storage hoping for a bumper investment. 

It's no secret that these cars can become solid investments as illustrated by recent sales of classic cars. There's talk of a £100m car - the Ferrari 250 GTO.

Their history, pedigree, manufacturer and car colour can add on many 0s to make you gulp so why shouldn't you protect your investment? However, you're robbing yourself of an experience to drive some of the most revered cars in the world.

Surely that's priceless?

What are your thoughts? Hit the share button and let us know! 

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Mercedes 300 SL Roadster Sells for $3.7m
Mercedes 300 SL Roadster Sells for $3.7m
Mercedes 300 SL Roadster Sells for $3.7m