I'm thinking about buying a 1994 SL 600 - Advice? Things to look for?
I'm looking at buying a 1994 SL 600 with 73k original miles and a clean carfax. I'm buying it with the plan that I can drive it during the summer then sell it for a small profit at the end of the summer. It has a clean carfax, no accidents, 2 owners (one for 13 years, the second for 3 months). The second owner is selling to finance a business opportunity that came up 2 weeks ago.
It is black with black interior. Are there specific things to look for on the SL series that are problematic? What is a reasonable price to pay for the car? I don't have a good feel for the accuracy of KBB on this car's value.
NADA will give you a better idea as to the value of the car. A clean carfax is not enough. Have a pre-purchase inspection done at a good independant shop that works on mercedes.
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Mike
1990 Mercedes Benz 300 SEL
2001 Mercedes Benz ML320
1999 Mercedes Benz SLK230
1986 Porsche 911 Carrera
Vehicle: 90 300SE (84k Miles) 08 Lexus ES350 Ultra (5k Miles) 07 GMC Sierra SLE (6k Miles) Sold list -->
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Seeing that gas prices are at an all time high with no end in the future, a V12 premium required gas guzzling monster isn't exactly your best bet. Add on top a failing economy and the worst new/used car market that we have seen in decades, your chances of buying an SL600 and selling it at ANY profit are slim to none. I'm sorry but your idea makes zero sense. If this was 1998, then it might work.
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"One anecdotal story does not constitute a statistic."
Previous Rides:
89 560SL sold at 45k miles
04 C240 sold at 25k miles
05 Mini Cooper S sold at 50k miles
01 Audi S8 sold at 65k miles
00 Audi A4 sold at 75k miles
06 Chevy Silverado LT3/Z sold at 60k miles
99 Chevy Silverado LT sold at 85k miles
Make sure the faulty engine wire harness issue has been resolved and that there aren't any ancillary issues related to harness failure, such as bad throttle actuators and/or their corresponding control unit.
Also, you must realize that these V12's have an absolutely horrific resale value, which is likely to continue to decline rapidly, considering the escalating cost of fuel.