Pagoda SL Group

W113 Pagoda SL Group => General Discussion => Topic started by: Ulf on December 24, 2010, 08:05:14

Title: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on December 24, 2010, 08:05:14
Just came across this: http://www.howardwisecars.co.uk/index.php/car-details/mercedes_280sl_pagoda/

Seems a bit excessive, or what?

Merry Xmas!

Ulf
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Larry & Norma on December 24, 2010, 10:46:44
Had to run and check my car was still in the garage when i saw that ;) ;) ;D
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: TR on December 24, 2010, 18:10:12
Well it looks like a pretty nice 280SL.  So at GBP 125,000 (or USD 193,000) is it worth it?  I say sure!
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: gnj588d on December 27, 2010, 14:28:03
Here is an ad in autocar 4 September 1964. 1956 Mercedes 300SL {Gullwing} red £537spent on engine and gearbox in January.fitted Motorola radio. £945. Worth about £500,000 now.so it might be in 40years time someone will post a reply to the Pagoda Group with a similar advert for the Pagoda,one thing for sure good examples of our cars are not going down in value, quite the oposite in fact
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: MichaelB. on December 27, 2010, 19:08:15
I say sure too!

They are only original once. 
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Oisin on January 08, 2011, 11:45:03
Thats the funny thing about some prices - they seem arbitrary.  Here's an ad for a car that whose asking price was £25K a few months ago.  Now it's £40K.  Maybe the distinctive wheel arch makes it a rarity.

http://www.clivesutton.co.uk/carsavailable/mercedes-benz/mercedes-230sl.php (http://www.clivesutton.co.uk/carsavailable/mercedes-benz/mercedes-230sl.php)
Title: Re: The GBP 125.000 Pagoda - is it worth it?
Post by: pj on January 14, 2011, 21:35:13
I'm always the skeptic. When we see such a high price being asked for a Pagoda, do we really believe it will sell at that price? I half expect that if we track down the seller in a year, he'll tell us he sold it for 150,000 pounds, but if we meet the buyer, he'll claim he paid only 15,000. Do we have access to any reliable information about actual sales prices compared to the original asking prices?
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Eryck on January 15, 2011, 10:26:21
I suppose a car like this is a bit like a piece of antique.  It's hard to bench mark it since there won't be many cars out there with a similar background/history - assuming the car comes with solid documentary evidence.  It's really if someone comes a long and really wants it and would meet the asking price.  Just like antiques, difficult to judge what's fair.  I would imagine that prospective purchasers would be collectors and not someone who would use it as a daily driver!   
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on January 17, 2011, 08:05:31
I agree - when our Pagodas were new they were competing against cars that have risen far more in value, so maybe it is an indication that prices are going up. Let's just hope that they won't become too expensive to drive as prices for parts and labour seem to follow suit quite rapidly...
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: dseretakis on January 18, 2011, 23:42:03
Anyone who spends that kind of money on a pagoda is a fool.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on January 19, 2011, 07:52:52
But a fool with s***loads of money and a very, very nice car ;-)
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: MichaelB. on January 19, 2011, 22:21:08
Anyone who spends that kind of money on a pagoda is a fool.

I dont think that is fair. I know someone who spent that much on a marble collection. You can at the least drive the Pagoda (which is better than just playing with your marbles).
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Garry on January 20, 2011, 06:38:57
If he paid that much for his marble collection i suspect he had lost his marbles some time earlier!!!
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on February 21, 2011, 11:32:19
Here's another one in Germany - very nice, very pricey (appr. 190k USD), with an exchange engine, reconditioned gearbox, injection pump etc.

http://www.autoscout24.de/Details.aspx?id=behecttgoz4d&asrc=fa

That too seems a little steep to me...
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on March 14, 2011, 23:01:04
Spending that money is not foolish. If you have it and you earn that money in honest way, you deserve to have the best pagode you can find. I just bought one and the price was well above GBP 125.000.

It was rebuilt in Kienle, Germany .

I have a new car with a new air conditioned. Don't forget my country is very hot in summer. Just for the air conditioned I paid 10.000€

A lot of money, yes, but I am happy and don't want to be the richest man in the cemetery.

Let's wait 10 years and we will see if it was expensive !!!!
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: joes on March 15, 2011, 01:36:24

Well put and you may be right.  Who knows what the future will hold for the W113.  Judging from your collection you know a thing or two about vintage cars.  Have fun with your new treasure.

Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on March 15, 2011, 08:25:23
@Mmata, I agree and congratulations on your new car - a very nice addition to your collection. Kienle is among the best in the world and famous for their restored Gullwings as well, I regularly drool over the ones advertised in German car magazines...
My point with this thread is only that there seems to be a lot of difference in the prices - for instance, the last car I linked to is not even original, but has an exchanged engine etc. and still commands almost twice the price of similar cars that I have seen advertised lately. Generally, the prices seem to be on the rise, but the gap between the very best (such as Kienle restored cars like yours and low-mileage unrestored cars like the one who spawned this thread) and the regular fare is also widening considerably. But it is always good to know that the money thrown into restorations does not vanish into thin air, but actually increases the value with a similar amount as the restoration cost. That is a great incentive to keep our beloved cars in a good condition :-)

Ulf

PS: Airconditioning in Portugal seems like a very, very good idea as it gets HOT
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Garry on March 15, 2011, 09:20:54
I have seen lots of cars over the years come up for sale and the "matching numbers" requirement for some reason does not seem to be such a big deal for Pagodas so long as it is the correct engine type  for the model.  They do nat appear to command any great difference if it is or is not.
Anyone else noticed this?

Garry
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: stickandrudderman on March 15, 2011, 19:20:53
Yes, it makes no difference at all to most buyers whether the engine is original or not.
Shanging from a 230 to a 250 or a 280 lump does have some impact, but not much.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mbzman on March 16, 2011, 04:43:14
If you use it its worth it...if its sits in a garage somewhere it has no value to me,,,,I drive my cars and enjoy them.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Iconic on March 16, 2011, 17:17:56
Yes, it makes no difference at all to most buyers whether the engine is original or not.

I don't know why so many people appear to believe this for Pagodas.
Ask any buyer if given two identical cars, but one is number matching, which would they prefer, and the answer will be the numbers matching car.
If this is true, which I believe it is, then it shows the numbers matching car has more value. I don't understand why people believe Pagodas are different than Porsches or Corvettes or any other car.
How much of a difference in value is difficult to say and will change over time and certainly depends on the specific car. It will matter more on a $70K car than a $15k car.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: thelews on March 16, 2011, 17:29:03
I don't know why so many people appear to believe this for Pagodas.

Because they're the ones whose numbers don't match.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on March 16, 2011, 19:01:30
Ok, the matching number is important. Mine is. But lets say the car does not have the same color and the same hartop colour when it was made.
DOES IT It devalues THE CAR price??
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: thelews on March 16, 2011, 19:07:16
Ok, the matching number is important. Mine is. But lets say the car does not have the same color and the same hartop colour when it was made.
DOES IT It devalues THE CAR price??

There are many variables that go into the price a buyer is willing to pay.  Numbers and color are two of them.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on March 16, 2011, 22:46:13
@ULF
thanks for your comments, i like very much my car, tomorrow a professional photographer is going to take some pics. I will post here.

Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mbzman on March 17, 2011, 05:13:56
In my opinion,If you do a color change and do it right it shouldnt affect the value that much,,,,,Low mileage doesnt always mean the car is worth more..COndition matters also..
You can buy a car with 10,000 orig miles but if it sat in the drive way for ever it prob needs to be completely restored...Ive seen pagodas with 350,000 miles that look better than ones with 50,000 miles..depends on how they have been taken care of..

Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on March 17, 2011, 08:06:41
Guanos? Isn't that manure made from birdsh*t? :-)
Hope I didn't offend you, but I'll still be looking forward to seeing the photos of your car...

Best regards

Ulf
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on March 18, 2011, 21:44:23
Sorry ULF, when I am with my Ipad the words change because it is with Portuguese dictionary  :'( . Thank for the advise.  

Here is one of the first pics, the good ones will come later.


http://www.sl113.org/forums/index.php?topic=14287.0
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: thelews on March 19, 2011, 00:03:39
how can I delete this msg?


You can't.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: hands_aus on March 20, 2011, 00:37:36
if you miss type something or mis-spell something you can go back to your message and edit it.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on March 21, 2011, 07:30:31
No worries, my iPhone does the same thing when I text (see the worst cases here: http://damnyouautocorrect.com/).
Your car looks VERY nice!

Ulf

Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on March 21, 2011, 07:34:31
BTW - took a look at your photographers website, he's very good - funny thing is that I'm currently translating a few ads for the Portuguese Tourism Board via Leo Burnett Lissabon and some of the photos resemble his style. Must be a great country to drive a Pagoda around :-)

Ulf
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Peter van Es on March 21, 2011, 23:43:19
You can't.

Click the "Report to moderator" button or link, ask for it to be removed.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on March 31, 2011, 18:08:43
ULF, the  General director of LEO Burnett, PORTUGAL is one of my best friends. His name is also Miguel.
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on March 31, 2011, 18:15:58
Thanks Peter
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: Ulf on April 01, 2011, 09:16:26
It's a small world - especially when you're in advertising. Unfortunately Leo Burnett Copenhagen has been split into two fragments along with Publicis, but I'm managing to hold on to most of my old clients and the work that comes through the network - for instance the mentioned campaign from Portugal (tell your friend that your Pagoda should be in the next one!). Love the photo in your other thread, keep 'em coming, it's always nice to have something to aim for in terms of visual perfection :-)

Ulf
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on June 13, 2011, 18:29:55
But a fool with s***loads of money and a very, very nice car ;-)

:))
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on June 13, 2011, 18:35:39
I don't know why so many people appear to believe this for Pagodas.
Ask any buyer if given two identical cars, but one is number matching, which would they prefer, and the answer will be the numbers matching car.
If this is true, which I believe it is, then it shows the numbers matching car has more value. I don't understand why people believe Pagodas are different than Porsches or Corvettes or any other car.
How much of a difference in value is difficult to say and will change over time and certainly depends on the specific car. It will matter more on a $70K car than a $15k car.

For me it makes all the difference, but it is just me. :))
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on June 13, 2011, 18:37:27
http://www.sl113.org/forums/index.php?topic=14287.msg98240#msg98240
Title: Re: The GPB 125.000 Pagoda - is it worth it?
Post by: mmata on June 13, 2011, 18:38:12
@ULF
thanks for your comments, i like very much my car, tomorrow a professional photographer is going to take some pics. I will post here.




http://www.sl113.org/forums/index.php?topic=14287.msg98240#msg98240