1954 Mercedes-Benz 300SL Gullwing

2dr Coupe

6-cyl. 2996cc/240hp Bosch FI

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$1,350,000*

equal0%
#4 Fair condition#4 Fair
Value GraphOct 2024
insurance

Protect your 1954 Mercedes-Benz 300SL from the unexpected.

Better coverage built for classics at a price you can afford. Online quotes are fast and easy
More 1954 Mercedes-Benz 300SL Gullwing values

Model overview

Model description

In most cases, a road car comes first and a racing version follows. But for the Mercedes-Benz 300SL, the radical-gull-wing door coupe that hit the market in 1954 was directly derived from the sports racing car that won the Carrera Panamericana and the 24 hours of Le Mans in 1952.

The road car that followed retained the racing version’s, strong tubular frame with high sills—necessitating the gull wing doors—and featured fully-independent suspension and a fuel-injected version of Mercedes-Benz’s 2,995cc single-overhead camshaft engine. The straight-six was rated at 215 bhp and would propel the car to speeds upwards of 160mph, making it one of the fastest production car in the world upon introduction. The only transmission available was a four-speed manual and powerful drum brakes were fitted at each corner. Significant options included a more highly-tuned engine, Rudge knock-off wheels and fitted luggage. The most coveted of all the production 300SLs are the 29 aluminum coupes.

Fast, beautiful and very expensive at nearly $9,000, only 1,400 of the exclusive coupes were built between 1954 and 1957 when the model was superceded by the 300SL roadster.

The open two-seater was clearly closely related to the coupe, but thanks to a modified tube frame, conventional doors—with roll-up windows--could be fitted. Power went up slightly for the drop-top version and the swing axle rear suspension was modified to improve handling. A popular option was the snug hardtop, while the most notable changes during production were the introduction of four-wheel disc brakes in 1961 and an aluminum engine block at the end of 1962. By the time the 300SL roadster was discontinued in early 1964, 1,858 had been built.

Many enthusiasts rate the open 300SL as the superior car to drive, due to its greater power and more predictable handling. The Gullwing coupe, however, endures as one of the most iconic postwar automobiles, and is a bellwether of automotive design.

Vehicle specifications

  • Shipping Weight2855 lbs
  • Vehicle Length178 in
  • Wheelbase - Inches94.5 in
Find more values
Search for prices of other cars, trucks, vans and motorcycles
Classic car

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.