1988 Mercedes 560 SL

Discussion in 'Car & Truck Talk' started by jaunty75, Mar 3, 2018.

  1. jaunty75

    jaunty75 Middling Member

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    We were doing our usual round of the garage and estate sales this morning and came across this gem. She had it out in front of her house while the garage sale was going on. She would not give an asking price. She only said "the guides say it's worth in the $30,000 range." I wonder what guides those are.

    I'm sure she's hoping someone will make an offer, but people visiting garage sales are not usually looking to spend $30K. I did not find it on craigslist. She is the original owner, and the car has 38,000 miles. It does look very good. I believe the base and only engine on this was a 5.5L V-8.

    The Old Cars Price Guide does not carry values for Mercedes-Benz cars this new.

    The NADA guide, which is notorious for through-the-roof values, seems quite conservative in this case:

    low retail: $9600
    average retail: $13,550
    high retail: $24,400

    Hagerty's "Auto Valuation Tool" gives an "average" value for one of these of $18,500, which is not out of line with the NADA values. Neither source comes anywhere close to $30,000 for a value.

    I don't find these values all that unreasonable. The original base price of this car was about $61,000, or about $127,000 in 2018 dollars.

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  2. Silvertwinkiehobo

    Silvertwinkiehobo "Everything that breaks starts with 'F.'"

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    Yeah, it sounds like she took the high average and added 25% to it, as if to say, "this is way above high average value." And I'm willing to bet, there is some sucker with cash burning a hole in their pocket, itching for this particular car model, and pays that money.
     
  3. Poison_Ivy

    Poison_Ivy Dogzilla Fan

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    It seems, it was the only engine offered. I'll have to look in my Chiltons, to see if the 6.3 liter was offered. If she was in Germany, she'd be in the ball park, concerning the price she stated. This site is, however, on the high end:

    https://suchen.mobile.de/auto/mercedes-benz-sl-560-1988.html
     
  4. rrbnut

    rrbnut 1991 Mercury Grand marquis Colony Park LS Wagon

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    way too high;and plenty with low miles out there; for sure not worth $30K; if all other things check out on this car, maybe $18-21K
     
  5. Krash Kadillak

    Krash Kadillak Well-Known Member

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  6. jaunty75

    jaunty75 Middling Member

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    That one's also a convertible, which tends to push up value. But asking price isn't selling price.
     
  7. Krash Kadillak

    Krash Kadillak Well-Known Member

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    These are ALL convertibles, with removable hardtops.
     
  8. jaunty75

    jaunty75 Middling Member

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    Well, slap me with a wet noodle! I didn't know that.
     
  9. rrbnut

    rrbnut 1991 Mercury Grand marquis Colony Park LS Wagon

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    how do you slap with a wet noodle?? :)
     
  10. jaunty75

    jaunty75 Middling Member

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    With great difficulty.
     
  11. Poison_Ivy

    Poison_Ivy Dogzilla Fan

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    Ask Fannie. She has a vivid imagination, lately
     
  12. Thirsty islander

    Thirsty islander Well-Known Member

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    I've got one it's an 86. The hard top lifts off and the convertible is manually lifted out from a lid the hard top sits on. Only one engine and auto transmission. There wasn't a lot of options on these things. Mercedes most expensive car at the time.
     

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