Author Topic: 190sl basket case price  (Read 2864 times)

96witton

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190sl basket case price
« on: July 10, 2020, 21:19:52 »
HI, ANYONE HAVE A GOOD IDEA OF THE COST OF A BASKET CASE 190SL WOULD BE? I HAVE AN OPPORTUNITY TO PURCHASE A NICE BASKET CASE AND REALLY HAVE NO IDEA AS TO THE PRICE TODAY.
I KNOW IF WOULD BE OVER 20K BUT OVER 30K?
THANKS JIM

mdsalemi

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Re: 190sl basket case price
« Reply #1 on: July 10, 2020, 21:38:50 »
Have you considered going to the 190SL Group Forums?

https://forums.190slgroup.com

While there are a number of members here who also own 190SLs I think you'll find a greater depth and breadth of knowledge there.
Michael Salemi
Davidson, North Carolina (Charlotte Area) USA
1969 280SL (USA-Spec)
Signal Red 568G w/Black Leather (Restored)
2023 Ford Maverick Lariat Hybrid "Area 51"
2022 Ford Escape Hybrid
2023 Ford Escape Hybrid

doitwright

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Re: 190sl basket case price
« Reply #2 on: July 10, 2020, 21:46:43 »
Start with Michael's suggestion. I can't comment about 190SL's but I have seen W113's "basket cases" where the only value was in the title and possible recovery of the stamped body plates. Something only useful to someone looking to title a stolen car. Be sure to provide at least a few photos in order to get a legitimate answer.
Frank Koronkiewicz
Willowbrook, Illinois

1970 280SL Originally Light Ivory - Now Anthracite Gray Metallic

Vander

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Re: 190sl basket case price
« Reply #3 on: July 10, 2020, 23:27:29 »
$25k or less
1969 280SL

mBdrvr

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Re: 190sl basket case price
« Reply #4 on: July 11, 2020, 00:51:29 »
I've seen really bad 190 SL's go for way too much money recently even though the market is down. The cost of restoration is prohibitive but who knows.

It would be helpful to know the state of the car: rusted floors, fenders, trailing arms etc., engine running, and on and on.

I saw a totally useless car go for almost $30K.

The attached chart shows cars that have sold from "Fair" and below.

Go to the 190 SL Group, become a member, buy the club books, ask someone who owns one and then buy the car. Don't just jump in; there may not be water in the pool!
Paul Greenblatt
'70 280 SL
'66 250 SE Cabrio
'60 190 SL

thelews

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Re: 190sl basket case price
« Reply #5 on: July 11, 2020, 03:10:59 »
Depends how complete it is.  Foreign, like Polish, Colombian, buyers like them because their labor costs to restore are low on a relative basis.  So, that's who you're competing against.  Look at some past 190SL sales on www.bringatrailer.com
Enjoy some pictures at this link:
http://www.flickr.com/photos/8292359@N06/sets/72157603240571101/show/

John - Wisconsin
1967 Early 250 SL Red/Caviar, Manual #1543
1961 190 SL 23K miles
1964 Porsche 356
1970 Porsche 911E
1991 BMW 318is
1966 Jaguar XKE
1971 Alfa Romeo GTV 1750

PeterPortugal

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Re: 190sl basket case price
« Reply #6 on: July 11, 2020, 07:14:49 »
Having gone down this route with other cars it generally does not make financial sense unless you can do everything yourself, in particular bodywork restoration.

1963 220se Cabrio
1968 280se Coupe

GM

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Re: 190sl basket case price
« Reply #7 on: July 11, 2020, 14:43:11 »
To echo Peter's point, a friend bought a basket case a couple of years ago for $5k and is restoring it to concours. He'll be lucky to make his money back
« Last Edit: July 11, 2020, 18:15:30 by GM »
Gary
1971 280SL - Sold
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Bonnyboy

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Re: 190sl basket case price
« Reply #8 on: July 11, 2020, 14:57:01 »
Pictures would be helpful but $30,000 sounds excessive for a basket case - $20,000 sounds too much to me as well but depending on condition and completeness  may be ok. 

These things rust like crazy in certain climates and if fenders have been replaced at some time the inside metal work may not have been done properly as at one time these were just old cars so looking "inside" is a good idea.   I helped a friend of a friend sell at 190sl a few years back -  looked great from 20' but once I got under and inside the car it was hideous and needed extensive metal work to get right.   The owner crashed it when he was in high school - 1968 and the repair job was something out of frankenstein's closet. 

The owner thought it was worth triple what he got and he thought he was being realistic.   Had one guy drive 6 hours up from the states - looked underneath (I had it up on jack stands to show off rust) and looked in the back trunk area and basically walked away - didn't even open the hood or offer a price - just said not worth restoring - said they are expensive to restore correctly to fix the work of the dreaded "gas axe".
Ian
69 280SL
65 F-100
73 CB750K
75 MGB
78 FLH
82 CB750SC
94 FLHTCU
08 NPS50

thelews

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Re: 190sl basket case price
« Reply #9 on: July 11, 2020, 15:21:18 »
To echo Peter's point, a friend bought a basket case a couple of years ago for $5k and is restoring it to concourse. He'll be lucky to make his money back

If it's true concours (lots of interpretation there by shops and owners), he won't in this market.
Enjoy some pictures at this link:
http://www.flickr.com/photos/8292359@N06/sets/72157603240571101/show/

John - Wisconsin
1967 Early 250 SL Red/Caviar, Manual #1543
1961 190 SL 23K miles
1964 Porsche 356
1970 Porsche 911E
1991 BMW 318is
1966 Jaguar XKE
1971 Alfa Romeo GTV 1750