Misallocation

1938 Mercedes-Benz 540 K Norrmalm Cabriolet

Sold at Broad Arrow Auctions on March 2, 2024.

$1,435,000Confirmed

The price as reported by the house. Hammer price $1,300,000, before the buyer's premium. Read from the house's results Nov. 8, 2026.

The car

Year
1938
Make and model
Mercedes-Benz Supercharged pre-war cars (S, SS, SSK, 380, 500 K, 540 K)
Generation
Supercharged pre-war cars (S, SS, SSK, 380, 500 K, 540 K) (1924 to 1940)
Miles shown
487
Chassis
169389

Against comparable sales

Below the middle half of 4 comparable sales, 6% under its bottom.

Middle half of sales$1,375,000 to $3,200,000
Median$2,050,000
Sales behind it4Likely

From 4 sales of the Mercedes-Benz Supercharged pre-war cars (S, SS, SSK, 380, 500 K, 540 K) (1924 to 1940) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $1,375,000 and $3,200,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1937 Mercedes-Benz 540 K Cabriolet A by SindelfingenRM Sotheby's, Feb. 28, 2025RM Sotheby'sFeb. 28, 2025$2,650,000
1936 Mercedes-Benz 500K RoadsterMecum, Aug. 14, 2026MecumAug. 14, 2026$1,150,000
1935 Mercedes-Benz 500 K Normal Roadster by SindelfingenRM Sotheby's, Aug. 15, 2026RM Sotheby'sAug. 15, 2026$1,450,000
1935 Mercedes-Benz 500 K Special Roadster by SindelfingenRM Sotheby's, Aug. 16, 2025RM Sotheby'sAug. 16, 2025$4,850,000