Car Collector International
Classic · 1935–1954

Delahaye 135 / 135M / 135MS

France's defining sporting grand tourer of the 1930s — chassis to the world's leading coachbuilders.

CabrioletCoupeRoadster
Car Collector International Editorial
Delahaye 135 / 135M / 135MS
Overview

Why this car matters

The Delahaye 135 was France's pre-eminent sporting chassis from 1935, powered by a 3.5-litre overhead-valve six (135M / 135MS variants with triple Solex carburettors and around 130 bhp). The chassis was clothed by every leading French coachbuilder — Figoni & Falaschi, Saoutchik, Chapron, Franay, Letourneur et Marchand — and dominated French concours throughout the 1930s. The 135MS finished second at Le Mans 1938. Post-war production continued into 1954 with progressively softer bodywork before financial pressures ended the marque.

Pre-war French coachbuilding at its most flamboyant; the Delahaye 135 chassis carries some of the most theatrical bodies ever built.

Variants

Range and production

VariantYearsProductionNotes
135 / 135M1935–1954Standard touring specification.
135MS1936–1939Sporting specification; triple-Solex 130 bhp.
135 Compétition1936–1939Works racing variant; Le Mans podium.
Buyer's Guide

What to look for

Provenance and originality

For pre-war and vintage cars such as the Delahaye 135 / 135M / 135MS, provenance is paramount. Chassis and engine number matching, period coachbuilder records, factory build sheets where available, continuous ownership documentation, original handbooks and any competition or concours history are the foundation of value. Coachbuilder identity and pre-war origin; Figoni & Falaschi pontoon-fendered cars lead.

Mechanical inspection priorities

The 3.5-litre OHV six is robust and well-supported; triple Solex carburettors require specialist set-up. Cotal preselector gearboxes (fitted to many cars) need specialist familiarity. A pre-purchase inspection by a recognised marque specialist should include compression and leak-down testing, magneto and ignition checks, chassis straightness and frame survey, axle and steering wear assessment, brake system review (mechanical or hydraulic per period), and an extended road test on varied terrain to expose carburation, cooling and gearbox issues that only emerge under sustained running.

Body, chassis and originality of coachwork

Pre-war coachwork is rarely truly original after a century of use. Establish whether the body is original to the chassis (period photographs, build records, coachbuilder plates), whether it has been re-bodied at any point, and the standard of any restoration. Quality of timber framing, ash health, panel beating and paint depth are all critical. Concealed structural rot, re-bodies presented as original, and 'tribute' cars built on later or unrelated chassis must be priced accordingly.

Specification and event eligibility

Pre-war Figoni & Falaschi or Saoutchik open coachwork is the dramatic top of the market; post-war saloons and softer coachwork trade at substantial discounts. For vintage cars, event eligibility — Mille Miglia, Goodwood Revival, Pebble Beach, VSCC events, Le Mans Classic — can underwrite a substantial proportion of market value. Verify FIA/FIVA papers, period race history where claimed, and the car's standing with the relevant marque registry before purchase.

Pricing

What to pay

Concours pre-war Figoni & Falaschi
USD$3,000,000 – $8,000,000
GBP£2,200,000 – £5,900,000
EUR€2,500,000 – €6,700,000
Pontoon-fendered cabriolets and cabriolets; concours-class coachwork.
Excellent Chapron / Saoutchik
USD$700,000 – $1,500,000
GBP£500,000 – £1,100,000
EUR€570,000 – €1,250,000
Pre-war coachbuilt convertibles.
Post-war saloon / cabriolet
USD$120,000 – $250,000
GBP£90,000 – £185,000
EUR€100,000 – €210,000
Softer post-war coachwork; usable entry-level Delahaye.

Regional ranges authored independently — each reflects its local market, not an FX conversion

Ownership

Living with it

Typical mileage
300–2,000 miles typical for vintage use; rally cars higher
Service interval
Annual full service; pre-event check before any rally or tour
Annual running cost
$8,000 – $35,000 depending on use, storage and event programme
Fuel economy
10–18 mpg typical; heavy carburetted engines run rich
Insurance
Use a specialist agreed-value vintage policy with declared value reviewed annually. Premiums reflect declared value, storage, event use and driver experience with pre-war machinery.

Maintenance planning

Vintage cars require disciplined preventive maintenance: lubrication regimes, magneto service, carburettor synchronisation, brake adjustment, and timber and trim conservation. A car used regularly and serviced annually by a specialist will outlast a stored example neglected for decades.

Specialist access and parts

Strong French and US specialist network; Delahaye Club support is active. Confirm the availability of marque specialists, period-correct fasteners, coachwork trim, instruments and tyres before committing. A car requiring fabricated one-off parts will absorb time and cost that a similar example with active specialist support will not.

Common Problems

Known issues by system

Engine

6-cylinder bearing wear and worn timing gears

Major$15,000 – $35,000
Symptoms — Low oil pressure hot, timing gear whine, top-end rattle.
Inspection — Hot oil pressure; compression; listen for timing gear noise.
Transmission

Cotal pre-selector gearbox electrical fault

Major$8,000 – $20,000
Symptoms — Failure to select gears, sticking selector, burnt-out solenoids.
Inspection — Bench test selector; inspect wiring loom and contacts; require specialist Cotal experience.
Coachwork

Figoni & Falaschi / Chapron / Guilloré body authentication

CriticalValue impact: 50%+ of total
Symptoms — Coachwork is the value driver; verify body number stampings and period photographs.
Inspection — Specialist Delahaye Club and coachbuilder archive review.
Brakes

Bendix-cable mechanical brake imbalance

Moderate$3,000 – $8,000
Symptoms — Pull under braking, uneven cable tension.
Inspection — Static balance test; cable inspection; drum and shoe survey.
Valuation

Current value bands by region

Concours
USD
$3,500,000
GBP
£2,580,000
EUR
€2,920,000
+1% 12-mo
Excellent
USD
$700,000
GBP
£520,000
EUR
€590,000
0% 12-mo
Good
USD
$160,000
GBP
£120,000
EUR
€135,000
0% 12-mo

Each region quoted in its local currency — independent market readings, not FX conversions

Pre-war Figoni & Falaschi cars are at the very top; mid-tier coachwork firm; post-war cars accessible.

Auctions

Recent results

DateAuctionCarMileageResult
2024-08-16
Gooding & Co.
Pebble Beach
1938 135M Cabriolet (Figoni & Falaschi)
$3,415,000
Sold
Investment

Long-term outlook

Strong HoldHorizon: 10+ years

Top-tier French coachwork is finite and increasingly recognised. Mid-tier offers strong relative value.

Recommended

The trusted network

Specialists

  • Delahaye marque specialist
    View →
    UK / Europe
    Delahaye 135 / 135M / 135MS restoration, mechanical service and originality reviews.
  • Pre-war coachwork specialist
    View →
    International
    Timber framing, ash conservation, panel beating and period-correct paint for pre-war coachwork.
  • Concours preparation studio
    View →
    International
    Concours preparation, detailing and event support for pre-war and vintage cars.
  • Hagerty
    View →
    USA / UK / EU
    Agreed-value collector insurance specialising in pre-war and vintage cars.
  • Lockton Performance
    View →
    UK / EU
    Specialist agreed-value cover for significant pre-war and competition cars.

Storage

  • Windrush Car Storage
    View →
    Cotswolds, UK
    Climate-controlled storage and collection management for pre-war and classic cars.
  • Autovault
    View →
    Bicester, UK
    Secure climate-controlled storage at Bicester Heritage with inspection programmes.
  • Classic Car Club Manhattan
    View →
    New York, NY
    Secure urban storage for collector and pre-war cars.

Transport

  • CARS UK
    View →
    UK & Europe
    Enclosed concours and event transport for pre-war and vintage machinery.
  • Reliable Carriers
    View →
    USA (national)
    Enclosed coast-to-coast transport for pre-war American and European cars.
  • FERRLOG
    View →
    Italy / Europe
    Air-ride enclosed transport for Italian and European collector cars.

Own a Delahaye 135 / 135M / 135MS?

Join Car Collector International's owners register for valuation updates, auction alerts and members-only events.

Register interest

The valuation figures in this guide are for research purposes only and do not constitute financial or investment advice. See our full disclaimer.