Date registered: Oct 2005
Vehicle: 1966 250SE Cab, 1989 500SEL euro
Mentioned: 1 Post(s)
Quoted: 26 Post(s)
Add this to your calculations. Although the older Benzes are vey reliable in terms of engines, transmission, interior work, no "old" car is reliable about rubber parts - steering components, bushings, hoses, gaskets, etc.
All those items will take from your pocket about $1000 a year. If you buy correctly, you can get a good MB that'll last as long as you want it to, and you'll probably be able to sell it with only minimal depreciation.
I'd look for an early 90s w124 diesel that's been well-cared for. If it looks like a good car, it probably is, but still get it inspected prior to purchase. Very important.
1989 500SEL ECE
1966 Mercedes 250SE Cabriolet
1958 BMW Isetta 600