2004 Mercedes-Benz SLK 230

2dr Roadster

4-cyl. 2295cc/192hp EFI Supercharged

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

$8,600*

-6.5%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$2k$4k$6k$8kJan 2025
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1996-2004 Mercedes-Benz SLK (R170) stats
Highest sale
$36,741
Lowest sale
$1,803
Most recent sale
$12,600
Sales
467

Photos

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2001 Mercedes-Benz SLK230 Kompressor Roadster
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Model overview

Model description

Mercedes' attractive SLK roadster appeared in 1996 as a competitor to cars like the Porsche Boxster and BMW Z3. This convertible with a folding steel retractable hardtop married Sacco styling to the existing W202 C-Class platform to create a less expensive alternative to the SL series convertibles, and as such is seen as sort of like a spiritual successor to the 190SL of four decades earlier.

Initially offered with a range of engines that included 2.0-liter supercharged and normally aspirated inline fours, the US debut saw a supercharged and intercooled 2.3-liter, 192-hp engine from the beginning of the 1998 model year. A 5-speed manual transmission was standard but a 5-speed automatic being optional for all engine choices.

The SLK was a runaway hit upon its introduction with favorable in-period reviews from journalists as well as several top-10 and car of the year accolades that initially resulted in Mercedes having difficulty meeting demand for their new roadster. The SLK line was expanded in 2000 with the addition of the SLK 320, sporting a 3.2-liter, 215-hp V-6. A mid-cycle update for the 2001 model year not only included a mildly facelifted interior and exterior but also saw the introduction of an improved ESP stability control system as well as a sixth gear for the manual transmission. The inevitable AMG variant appeared in 2001 with a 349-hp, supercharged version of the 3.2-liter V-6 along with suspension, brake and wheel upgrades.

Time has shown these cars to be mostly trouble free as long as scheduled maintenance is consistently attended to and they remain a relatively inexpensive and thoroughly entertaining avenue into Mercedes roadster ownership.

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Common Questions

The value of a 2004 Mercedes-Benz SLK 230 can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $8,600 for a 2004 Mercedes-Benz SLK 230 in good condition with average spec.

The highest selling price of a 2004 Mercedes-Benz SLK 230 at auction over the last three years was $8,250. The highest prices are usually reserved for rare or exceptionally well-maintained examples with desirable features or modifications and excellent history.

The lowest selling price of a 2004 Mercedes-Benz SLK 230 at auction over the last three years was $6,050. The lowest prices are usually paid for examples that have extensive maintenance needs, differ greatly from their original configuration, or have accident histories or title problems.

In the last three years there have been 2 2004 Mercedes-Benz SLK 230s sold at public auction.

The most recent auction sale of a 2004 Mercedes-Benz SLK 230 was $8,250 on October 04, 2024 by Mecum Auctions.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

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. More information on how forecast models are calculated can be found on Forecasted Values page. 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.

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