I've decided to keep it! - Mercedes-Benz Forum

 
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post #1 of 3 (permalink) Old 06-29-2013, 02:26 PM Thread Starter
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I've decided to keep it!

Hello! I am new to the forum. Thought it would be a good time to join the group in hopes of finding helpful info and advice. I have a 2003 C240 that has 125,000 miles on it. I've been waffling a lot lately about whether I should sell it or trade it in for a more "practical" car. I came VERY close to trading it in last night, but something told me it just wasn't right. I love my little German and even though it's getting up there in age, I think I have finally made my decision to start spending the money on fixing it's little idiosyncrasies rather than throwing in the towel and buying a new Hyundai! I know that 91 octane gas and Mobile One oil changes aren't exactly economical, but I can't see making a monthly payment for a tin can. I hope this is the right decision and that someday I will be a veteran poster on this forum with over 300,000 miles on my little W203.
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post #2 of 3 (permalink) Old 06-29-2013, 03:24 PM
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Good choice. Now is the time to get a complete diagnostic done and compile a list of all the things that have to be repaired, replaced, and/or maintained. Calculate the amount you would have had to spend for a down payment on a new car, then add taxes, registration, and insurance differential (plus two or three car new car payment)s. That's the minimum amount of money that you are saving by NOT buying a new car, and the amount you can commit to your current Benz.

I tend to keep my cars for a reasonably long time and have used this technique several times to enhance/prolong the life of several cars that I felt were better than what I could replace them with (or that I really liked).

Best Wishes--Carl

PS--Late in 2011 I spent nearly $2500 on a car that was only worth $1K when all "fixed up". It lasted for another 18 months. I figured doing that saved me at least $6600 [$1500 down + $6300(18 X 350/mo payments) + $1300 (estimated of Title Ad Valorum Tax in GA) -$2500 ((repair cost)] that I would not have had if I had bought a new car then. I wound up "donating" the car and getting a tax write-off to boot. MBs are excellent candidates to a prolonged life since their "bones" are so strong and well engineered. --cgc--

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'03 CLK320 (A208)--"Nyx"--Black/Black/Black (104K)
'09 Camry Hybrid--"Cassandra"--Red/Tan (60K)
'10 Tundra SR5--"Xena"--Black/Tan/Black Cap (15K)
'15 Highlander Limited--"Pandora II"--OohLaLaRouge/Tan (3K miles)
'16 VW GTI--PP & DSG--"Ostara"--Black/Black (114 Miles)
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post #3 of 3 (permalink) Old 06-29-2013, 11:37 PM
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Welcome to Benzworld.

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