The Mercedes-Benz R107 is one of those cars that often has a vast difference between the typical perceived value and the typical price you can get when you try to sell one. I’ve seen plenty of these things in running condition for three-figure prices, and I’ve seen them fetch big bucks when they’re extremely nice. Once an R107 gets some blemishes and/or doesn’t run right, its value usually drops down to the scrap range, and that’s why they often show up in wrecking yards and even in 24 Hours of LeMons races. Here’s a Malaise Era 450SL that was an emblem of conspicuous consumption when new and still shows some signs of its former glory as it awaits The Crusher in a Denver wrecking yard. (Read More…)