Author Topic: A new low  (Read 9032 times)

Shvegel

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A new low
« on: January 17, 2017, 10:34:40 »
I was going to post this under "Crazy Prices" but I thought it might deserve it's own post.  I'd sooner build The Submarine of Nekkar.

http://www.ebay.com/itm/1957-Mercedes-Benz-SL-Class-Convertible-/272522792245?forcerrptr=true&hash=item3f739fcd35:g:iRYAAOSw241YaS6z&item=272522792245

RobSirg

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Re: A new low
« Reply #1 on: January 17, 2017, 13:12:02 »
A bit harsh.
A lick of paint and fresh oil and I this could be a keeper 😅
1969 280SL Auto RHD 906G,  H'top 387H, Parchm't
1970 280SL Man. RHD Dark Red 542G, Bamboo MB Tex
1962 E Type Jag BRG with Tan
1974 White Alfa Spider 2000
2023 Range Rover
1982 280TE (my daily)
1967 Alfa Spider ("Duetto") Red
1977 Yellow 911 Targa
1991 Nissan Figaro
1959 190SL Black
1970 300SEL 3.5

Jordan

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Re: A new low
« Reply #2 on: January 17, 2017, 13:23:19 »
When you see something like that you really have to question the price of every other car on the lot.
Marcus
66 230SL  Euro 4 speed

JamesL

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Re: A new low
« Reply #3 on: January 17, 2017, 13:46:51 »
I love the "Excellent candidate for total restoration "

The alternative being what? A very expensive installation piece? The odd part or two?
James L
Oct69 RHD 280 in DB906 with cognac leather

guyke

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Re: A new low
« Reply #4 on: January 17, 2017, 14:08:36 »
If you are serious about buying, please bid or contact me with an offer as I often end auctions early
Originally 050G White over (we believe) Black Interior
some lovely parts out of his selling comments , i think this could end early on a scrap jard   

kampala

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Re: A new low
« Reply #5 on: January 17, 2017, 14:33:14 »
What is really being sold here?  A scrap car or a "clear title" & VIN.      In this case, I would doubt it's the car. 
250sl - later - manual
280sl - 1971 - Auto - LSD

Aslam

badali

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Re: A new low
« Reply #6 on: January 17, 2017, 15:12:38 »
That is Mike in Daytona.  He had the sunroof pagoda also.  Most of the cars he sells should have been in a salvage yard...  I talked to him once and it seems every car he has is rare and made of gold...
Brad

1961 220 Sb
1966 230 SL
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Rolf-Dieter ✝︎

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Re: A new low
« Reply #7 on: January 17, 2017, 15:27:21 »
I wonder what the scrap handler near him would give him LOL on the other hand what he would charge him to take it off his hands to free his yard for more junk cars.

My 2 cents

Dieter
DD 2011 SL 63 AMG and my 69 Pagoda 280 SL

Richard S

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Re: A new low
« Reply #8 on: January 17, 2017, 15:44:37 »
But, but........he has 100% positive feedback!  He must be trustworthy!
Richard
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Midnight Blue

star63

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Re: A new low
« Reply #9 on: January 17, 2017, 16:39:31 »
When I look at some of the fantastic restoration projects posted here I wonder if some of us finally end up replacing almost the same body panels that would be needed for this poor example   ;)
Even though the starting point seemed a lot better at the beginning...  ::)
Petri
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'66 230 SL (long project)
Finland

Rolf-Dieter ✝︎

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Re: A new low
« Reply #10 on: January 17, 2017, 17:02:34 »
Due to my age now nearly 4 years back I followed the advice so often recommended here on this site and it was and still is;-

"purchase the best you can afford"

I've done just that and never looked back. It was the right recommendation from Members here on this site. As a result I've put no more then about $3,000- into my car driven her now nearly 8,000 miles and enjoy her as often as I can.

While I would have loved to restore one of our cars at a younger age, I was just too busy in my family and professional life to do this.

Dieter
DD 2011 SL 63 AMG and my 69 Pagoda 280 SL

Jonny B

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Re: A new low
« Reply #11 on: January 17, 2017, 17:09:27 »
I would agree with Oz on this one. They are really selling a title and VIN (but even that is a stretch given the price).
Jonny B
1967 250 SL Auto, DB 568
1970 280 SL Auto, DB 904
1966 Morris Mini Minor

Benz Dr.

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Re: A new low
« Reply #12 on: January 17, 2017, 17:36:13 »
Due to my age now nearly 4 years back I followed the advice so often recommended here on this site and it was and still is;-

"purchase the best you can afford"

I've done just that and never looked back. It was the right recommendation from Members here on this site. As a result I've put no more then about $3,000- into my car driven her now nearly 8,000 miles and enjoy her as often as I can.

While I would have loved to restore one of our cars at a younger age, I was just too busy in my family and professional life to do this.

Dieter
/quote]

I think I said something like, '' buy the best car you can't afford '' but that's close enough.


1966 230SL 5 speed, LSD, header pipes, 300SE distributor, ported, polished and balanced, AKA  ''The Red Rocket ''
Dan Caron's SL Barn

1970  3.5 Coupe
1961  190SL
1985   300CD  Turbo Coupe
1981  300SD
2013  GMC  Sierra
1965  230SL
1967 250SL
1970 280SL
1988 560SEC

Rolf-Dieter ✝︎

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Re: A new low
« Reply #13 on: January 17, 2017, 17:47:35 »
Dan, I would never purchase anything that I can't afford :)

Dieter
DD 2011 SL 63 AMG and my 69 Pagoda 280 SL

guyke

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Re: A new low
« Reply #14 on: January 17, 2017, 18:37:26 »
i know were to look when jour 190 sl gets stolen

Cees Klumper

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Re: A new low
« Reply #15 on: January 17, 2017, 20:46:18 »
Agree, it's about the title and VIN, for anyone who has a stolen 190 SL they need papers for?
Cees Klumper
1969 Mercedes 280 SL automatic
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Benz Dr.

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Re: A new low
« Reply #16 on: January 18, 2017, 07:40:30 »
Dan, I would never purchase anything that I can't afford :)

Dieter

That's not what I meant. If you can't afford to pay cash you finance a purchase and this might be a good option for some. After all, people do it all the time when buying new cars.
1966 230SL 5 speed, LSD, header pipes, 300SE distributor, ported, polished and balanced, AKA  ''The Red Rocket ''
Dan Caron's SL Barn

1970  3.5 Coupe
1961  190SL
1985   300CD  Turbo Coupe
1981  300SD
2013  GMC  Sierra
1965  230SL
1967 250SL
1970 280SL
1988 560SEC

Bonnyboy

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Re: A new low
« Reply #17 on: January 18, 2017, 14:37:40 »
Buying the best car you can't afford is the best advice to get the best car but those of us on a budget it doesn't always work.   

I have provided advice to several individuals who bought collector vehicles (most don't have them anymore).  The discretionary income thing with competing resources such as orthodontists / groceries /  electricity bills  tends to rear its ugly head meaning that the lump in the garage that has payments being made on it seems to be the first to go.   

I suggest to friends that it has to be all cash otherwise its un-affordable and you may loose it to competing interests if times get tough. 

For example with insurance costing $1,300 per year for a Harley -  its easier to put a cover over it and not ride it for a year to save money - but if you are making payments on it the bike will probably go. 

The 190sl in the pictures is just stupid money. 
 

Ian
69 280SL
65 F-100
73 CB750K
75 MGB
78 FLH
82 CB750SC
94 FLHTCU
08 NPS50

Benz Dr.

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Re: A new low
« Reply #18 on: January 18, 2017, 20:26:41 »
That seems like  the way of things but I think everyone is missing my point. ( not like that's ever happened here before  ;D )  How much has that 190SL  increased in value over the past couple of years? I bought my 190SL  in June of 1993 and at the time I paid cash for it. Later that year in December I bought the Red Rocket and in that case I did have to finance it. The value of my 190SL, which is not running right now, is now more than what I paid for both cars while the value of something like a new Harley or a new car will go down every year until it bottoms out.  So, regardless of what you paid for your 113, be it cash or finance, it will more than likely increase or at least stay the same during your payment period if you didn't pay cash. After all, didn't everyone say that they like the idea of the increasing values of MB vintage cars?

If you can afford it, buying the best car that you might have to finance makes a lot of sense. And, if you can lay down a good down payment on it, that could make it easier to consider.  Assuming that you bought a good car, the value of that car will continue to increase or at least stay current with market trends. If you want to sell for some reason, you should have a top level example that could go to a high end auction or dealership with the potential to bring a good return.
One of the reasons the old car hobby is so strong right now is because of low interest rates. Someone buys a vintage car, drives it a little bit on nice days, owns it for a couple of years and then they flip it. An easy 10 - 20 K ( or more ) and it's a done deal. You couldn't make that kind of money with a GIC.

I know that many people like to start with a small purchase and work their way up. That makes a lot of sense for most and I'm right there with you. However, having a turn key car that you can drive today, take to car shows, win awards, and then see a nice return if you decide to sell is rather attractive. Spending the next 5 years covered in rust, sweat, and tears might also be attractive for some but in the end it all comes down to buying the right car at the right price.

I hope I've explained this in an understandable way.



1966 230SL 5 speed, LSD, header pipes, 300SE distributor, ported, polished and balanced, AKA  ''The Red Rocket ''
Dan Caron's SL Barn

1970  3.5 Coupe
1961  190SL
1985   300CD  Turbo Coupe
1981  300SD
2013  GMC  Sierra
1965  230SL
1967 250SL
1970 280SL
1988 560SEC

peterm

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Re: A new low
« Reply #19 on: January 19, 2017, 18:08:57 »
hes also selling a red 280 1968 Im sure we can we tear that to pieces as well. 

Ill start with the red powder coated horn ring

Rothko

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Re: A new low
« Reply #20 on: January 19, 2017, 19:09:05 »
That car looks like it has been at the bottom of the Pacific Ocean for the last 40 years.

mdsalemi

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Re: A new low
« Reply #21 on: January 19, 2017, 19:11:30 »
While reading the latest post on this, eBay sent me a note that the price was just lowered.

I don't know about $17.5K to buy a broken (literally, isn't it broken in half?) unrestorable 190SL for the VIN and title? If you move the VIN and title to another car, that's fraud. If you are going the fraudulent route, that buys a lot of expert forgery and there are far easier ways to generate a VIN and title...just saying.

BTW this is even in worse shape (albeit about the same price) as a 230SL I looked at 2 years ago here in Michigan...
Michael Salemi
Davidson, North Carolina (Charlotte Area) USA
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waltklatt

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Re: A new low
« Reply #22 on: January 19, 2017, 20:02:22 »
As with the Ferrari prices rising through the roof back in the late 80's, the lowly unappreciated Ferrari models were pulled up from the floor up into the air, including the Dino.
This is happening again with the 190SL's as the prices have been rising so much that the most terrible ones are being pulled up too.
Already happening with the Porsche 356's, and now the 911's and 912's.
So this is a normal reaction.
As long as there is a buyer, the market will exist with these rotted out carcasses.
It should be a welcome sign to us all as more of these cars are preserved for the future.

guyke

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Re: A new low
« Reply #23 on: January 19, 2017, 20:50:54 »
buyer asking at the seller , did jou had pictures from the car before it was restaured ? , ow sorry they have been lost in a fire  :P :P :P ::) ::) ::) ::) 

Rolf-Dieter ✝︎

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Re: A new low
« Reply #24 on: January 19, 2017, 21:35:54 »
Has anyone see this? Or is it a hoax. Any of you out there near the location to have a look at it?

I posted an e-mail inquiry 2 days ago, however, no answer yet LOL I can only assume seller wants a cheque from me once I hear from him, then of course never ever to be heard from again LOL

Link is here ----> http://www.classiccars.co.uk/mercedes_benz/190/advert/12333#

DD 2011 SL 63 AMG and my 69 Pagoda 280 SL