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Old 11-22-2010, 11:33 AM   #1 (permalink)
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Very Low Mileage SL500 - Worth it?

Hello Everybody,
I was just leafing through the 'Gazette', which is the magazine of the Mercedes Benz Club here in the UK, and I noticed an advertisement for a 1998 SL500 for sale by a MB specialist in Hampshire. It sounds a very nice car, Aquamarine Blue Metallic, 2 owners, full history etc. Specification seems fairly standard with the added bonus of rear seats and Xenon headlights. What's not standard is the mileage - 10,000 miles and the price - £32,950. I believe thats 53,220 US Dollars or 38,838 Euros. I make no judgement - just wondered what you thought?

Regards
Steve
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Old 11-22-2010, 11:53 AM   #2 (permalink)
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Sounds like crazy money to me, i saw a low mileage 97 sl320 sell for €9995 recently
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Old 11-22-2010, 11:58 AM   #3 (permalink)
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My initial thought is that it is too expensive. But, I have noticed an upwards trend here in my area with low miles. I am surprised what they are asking for them even with winter months approaching. Maybe it's the start of the values stabilizing.

I still believe it's sellers willing to let their cars go if they get that price and they are fine keeping them if they don't.
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Old 11-22-2010, 05:07 PM   #4 (permalink)
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That sounds like an awful lot even for a low mile car. The prices in the States are not that stable!!! I would not gamble that the car in question would go back up in value to the point that You would get your back!!!
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Old 11-22-2010, 05:24 PM   #5 (permalink)
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I agree drags!!

I think it is wishful thinking on the sellers part and if they get a buyer they will take it.
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Old 11-22-2010, 06:44 PM   #6 (permalink)
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That is quite alot of money. Even with and maybe even because of low miles, the car may have some problems that will need to be addressed. Unless you plan to keep the car with extremely low miles, I'd look for a higher mileage example that has been well cared for and that comes with a full service history.
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Old 11-22-2010, 09:22 PM   #7 (permalink)
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That would be fair value in Australia $50 - $60k. You would be lucky to get a 92 model for less than $30k. There is a nice 92 with 60,000k on the clock local in Tas offers over $42,000k. We don't tend to get much rubbish here as the weather is a lot better than most, no salt and sand on the road in winter and the owners tend to have a lot of the work done as needed.
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Old 11-22-2010, 09:34 PM   #8 (permalink)
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Just had a quick look on carpoint. We have for sale nearest to yours



1997 130,000klm $56k

1998 60,000klm $49k


1999 35,000klm $60k

I think there is about $1.62 dollars to the pound at the moment AUD$ is very strong at present.

When my 92 was delivered new in Australia it was over AUD$250k. NO I NEVER BOUGHT IT NEW LOL

Last edited by Poundy; 11-22-2010 at 09:36 PM.
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Old 11-22-2010, 09:39 PM   #9 (permalink)
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I bought my 91 500SL for 5900.00. But the mileage was high though. Showed 125,000
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Old 11-22-2010, 09:49 PM   #10 (permalink)
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You Americans get everything cheap, the world is repaying with it's finest commodities for the handouts you gave to needy nations in there times of strife lol.

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