Mercedes 230 SL Pagode · 1965
Invest in an automotive icon.
Invest in a matching-numbers 1965 Mercedes-Benz 230 SL Pagode, professionally restored and exhibited at Autoworld Brussels.
Start from €250
Target IRR 8–12% net annually · Target holding period 10 years · Exit possible from year 8 · No annual management fees
Target returns are not guaranteed. Capital is at risk.

A collectible icon. A structured investment.
Matching numbers · Specialist restoration · No annual management fees · No performance fees
*Target returns are not guaranteed. Capital is at risk.
Why the Pagode?
More than a classic Mercedes.
Introduced in 1963, the Mercedes-Benz 230 SL represented a new generation of European grand touring.
Designed by Paul Bracq, its balanced proportions and distinctive concave hardtop gave the W113 its enduring nickname: the Pagode.
Combining elegant design, engineering innovation and performance, the Pagode became one of Mercedes-Benz's most recognisable models.
More than six decades later, high-quality examples remain sought after internationally, with originality, condition and provenance key factors in collectability.


Why this Pagode?
A carefully selected 1965 example.
This is not exposure to “classic cars” in general. It is exposure to this specific car.
Matching numbers
The car retains its matching-numbers six-cylinder engine, an important element of authenticity and collectability.
Specialist restoration
Fully restored in 2020 by Paris Pagode, a specialist atelier dedicated to Mercedes-Benz W113 models.
Documented provenance
A documented history, including acquisition through SAGA, an official Mercedes-Benz dealer group with a dedicated classic-car operation.
Museum exhibition
Placed on long-term loan to Autoworld Brussels, with planned exhibition until 2035.




Matching numbers. Specialist restoration. Documented provenance. Museum exhibition.
These characteristics distinguish this Pagode from an ordinary driver-grade classic car.
From collectible car to investment asset
Why investors look beyond traditional assets
Collectible cars derive their value from a combination of scarcity, desirability, originality, condition and provenance.
Within this market, the Mercedes-Benz W113 Pagode is an internationally established collectible, with exceptional examples differentiated by characteristics such as matching numbers, original specification, specialist restoration and documented provenance.
How the investment works
You don’t need to buy the whole car.
- 01
Rubey acquires the asset
A specific collectible is professionally sourced and selected.
- 02
The investment is structured
The Mercedes Pagode is held through a dedicated Belgian simple partnership.
- 03
You participate
Investors subscribe digitally through Rubey and receive economic rights linked to the underlying asset.
- 04
The asset is eventually sold
Rubey coordinates the eventual sale, and investors participate pro rata in the net proceeds.
No leverage. No annual management fees. No performance fees.
Investment case
The numbers behind the Pagode
- Acquisition price
- €135,000
- Total offering
- €168,750
- Minimum investment
- €250
- Maximum investment
- €10,000*
- Target IRR
- 8–12% net annually
- Target holding period
- 10 years
- Potential exit window
- From year 8
- Maximum holding period
- Up to 13 years
- Annual management fee
- None
- Performance fee
- None
*Subject to the applicable investment conditions.
The Rubey margin is included upfront in the offering amount. The offering includes a one-time Rubey margin of 25% of the acquisition price. There are no annual management or performance fees.
Target returns are not guaranteed. The value of collectible assets can rise or fall and you may lose part or all of your investment.
Museum provenance
An investment you can actually go and see.

The Mercedes 230 SL Pagode is on long-term loan to Autoworld Brussels, where it forms part of a curated presentation of automotive heritage.
Rather than disappearing into private storage, the car remains professionally preserved and publicly accessible.
Private investment. Public heritage.
Meet Rubey
Invest in cultural icons.
Rubey gives investors access to museum-worthy art and collectible assets through professionally structured investment opportunities.
Assets are selected, acquired, structured and managed by Rubey and placed in collaboration with museums and cultural institutions whenever appropriate.
The platform manages the investment lifecycle from subscription and ownership administration through to the eventual exit.
Real assets
Every investment is backed by a tangible cultural or collectible asset.
Structured investment
Investment opportunities are professionally structured with clearly defined investor rights.
Museum partnerships
Assets are publicly exhibited and professionally preserved wherever appropriate.
Secure onboarding
Investor verification, documentation and ownership administration are handled digitally through Rubey.
Interested in the Mercedes 230 SL Pagode?
Create your Rubey account to explore the full investment opportunity, documentation and investment process. No commitment to invest.
Create your free accountFree registration · No commitment to invest
What happens next?
From registration to investment
- 01
Create your account
Register securely with Rubey.
- 02
Verify your identity
Complete the required KYC verification.
- 03
Explore the opportunity
Review the complete Mercedes Pagode investment information and legal documentation.
- 04
Decide whether to invest
Invest from €250 if the opportunity fits your objectives.
Registration does not commit you to investing.
Frequently asked questions
What exactly am I investing in?+
You invest in a structured investment product linked to the Mercedes 230 SL Pagode. Your participation represents economic rights in the structure owning the underlying vehicle.
Do I own part of the physical car?+
You participate economically in the asset through the investment structure. Investors do not receive individual possession or usage rights over the vehicle.
How much can I invest?+
Investments start from €250, with a standard maximum investment of €10,000 for this offering.
How long is the investment?+
The target holding period is 10 years. Rubey may initiate the sale of the vehicle from year 8 onwards. If market conditions require, the holding period may be extended up to a maximum of 13 years.
Can I sell my investment earlier?+
After the subscription period, partnership units may be transferred through Rubey’s peer-to-peer marketplace, subject to KYC, platform rules and the availability of a buyer. Liquidity is not guaranteed. Transfers are not possible during the subscription period or during the exit and liquidation phase.
What return can I expect?+
The target IRR is 8–12% net annually. This is a target rather than a guaranteed return, and the actual return will depend primarily on the eventual sale value of the vehicle.
What are the risks and fees?+
Your investment is exposed to the market value of the underlying car: you may receive less than you invested and partial or total loss of capital is possible. Liquidity is not guaranteed. The offering includes a one-time Rubey margin of 25% of the acquisition price; there are no annual management fees and no performance fees.

Invest in an automotive icon.
Mercedes-Benz 230 SL Pagode · 1965
Museum exhibited. Professionally restored. Accessible from €250.
Create your free account