When to surrender? - Mercedes-Benz Forum

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post #1 of 12 (permalink) Old 10-10-2014, 11:29 AM Thread Starter
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When to surrender?

I may need to be in a different forum but I have a 1978 280sl which was garaged for. for 5 years. Turned over but would not start. . Towed to repair shop. Replaced tires (dry rot) for $440. Then replaced fuel system components (fuel pump, damper, accumulator new lines, etc) for $2,300 which also included a couple of hours for misc. Now brakes are locked repair shop says $1,300 to repair - calipers replaced, new pads, lines, etc. Aam I being ) taken for a ride on price. I don't doubt that these repairs are necessary but I have no idea on price. Then there's rust in trunk bottom, rear wheel wells, drivers side floor and rocker panels that he will fix for $4,ooo (or economy meaning fiberglass for $1,200). Am I in a money pit and when do I declare enough is enough.? I seem to be on the verge of spending more than the value of the car.
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post #2 of 12 (permalink) Old 10-10-2014, 01:27 PM
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Where are you located? How good is the car otherwise? Location and condition are relevant. The rust is a big issue. How much have you already put in total to get the car running, and is it running?

Currently: 1967 250 SL, 1963 220Sb, 1965 300SE Lang, 1971 280SE parts car, 1972 Alfa GTV, 1965 Alfa Duetto, 1993 BMW R100R
Past: 1971 250 C, 1985 300 TD, 1967 250 S, 1968 280 S,1981 300 D, 1982 280CE, 3 Facel Vegas, Borgward Isabella Coupe, Alfa 2600 Sprint, Volvo P1900 (yes), numerous less interesting Volvos, ...
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post #3 of 12 (permalink) Old 10-10-2014, 01:55 PM Thread Starter
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Surrender?

I live in RI. Yes, the car starts now and the engine sounds good in the shop but I can't take it out to test until brakes are done. As to the rust, I see online the parts shops that sell floor pans and rocker panels, etc., and it seems to me that just buying some of these parts (which don't seem that expensive, except for the rocker panels) and installing them would be a whole lot cheaper than what the shop is quoting me for fabrication and welding, etc.
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post #4 of 12 (permalink) Old 10-10-2014, 01:59 PM Thread Starter
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I have put in $2,800 plus the brakes would make it $4,100. Rust spots at minimum (fiber-glass) would add another $1,200. Rest of the car is in fair to good condition - no dents, seats and upholstery good, chrome is fine, needs new convertible top (only has hardtop now), but that can wait. I don't see many 280SL (107) available so can only estimate that these cars sell for $5,000 to $10,000 range.
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post #5 of 12 (permalink) Old 10-10-2014, 02:03 PM
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I don't see 280SLs either which is why I asked location. I assume it is a US-spec automatic? That isn't going to work in your favor when it comes to resale. You might get another estimate on the rust repair, etc, it shouldn't be the same people doing it. I suspect a body shop will come to where the car is.

Will it require a re-paint after the rust repair? Factor that into the cost also.

R107 cars are abundantly available and can be money pits sometimes. I think there is an R107 forum that might be able to better advise you...

Currently: 1967 250 SL, 1963 220Sb, 1965 300SE Lang, 1971 280SE parts car, 1972 Alfa GTV, 1965 Alfa Duetto, 1993 BMW R100R
Past: 1971 250 C, 1985 300 TD, 1967 250 S, 1968 280 S,1981 300 D, 1982 280CE, 3 Facel Vegas, Borgward Isabella Coupe, Alfa 2600 Sprint, Volvo P1900 (yes), numerous less interesting Volvos, ...
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post #6 of 12 (permalink) Old 10-11-2014, 02:54 AM
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Originally Posted by daveslone View Post
Am I in a money pit and when do I declare enough is enough.? I seem to be on the verge of spending more than the value of the car.
Only you know when enough is enough, so only you can answer the question. The issue is not the value of the car, the issue is the value of the car TO YOU.

Felicita e un bicchiere di vino con un panino.
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post #7 of 12 (permalink) Old 10-11-2014, 04:34 AM
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Originally Posted by Scoot View Post
I assume it is a US-spec automatic?
All 280's are Euros. They were never officially imported to the US. That is a nice find, although most enthusiasts would prefer a manual transmission. Send Fonzi a PM and he can offer you a lot of guidance. Also, he is located relatively close to you. You might want to post in the 107 forum as well. Tons of knowledge about your car and everyone is willing to help.

Unless you are willing and able to do some or all of the work yourself any old Mercedes will be a money pit. You can probably do the brakes yourself in an afternoon for $400-$500. You'd be amazed at how much you can do, with the help of the forum.

Good luck.
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post #8 of 12 (permalink) Old 10-11-2014, 05:29 AM
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Originally Posted by dgosh28 View Post
All 280's are Euros. They were never officially imported to the US. That is a nice find, although most enthusiasts would prefer a manual transmission. Send Fonzi a PM and he can offer you a lot of guidance. Also, he is located relatively close to you. You might want to post in the 107 forum as well. Tons of knowledge about your car and everyone is willing to help.

Unless you are willing and able to do some or all of the work yourself any old Mercedes will be a money pit. You can probably do the brakes yourself in an afternoon for $400-$500. You'd be amazed at how much you can do, with the help of the forum.

Good luck.
You beat me to it. I just bought a similar 280SL for my stepson and I to work on. Come to the 107 forum and join us. You can see the car and what has been done on this thread
http://www.benzworld.org/forums/r-c1...-brink-mb.html

If you do decide it is too much you can always part it out and get back at least some of what you have spent.

Current:
Reggie 2010 Range Rover Sport Supercharged
Monika '74 450 SL
BrownHilda '79 280 SL ex-Zender
Scarlett 2014 Jeep Cherokee 4wd
FoxyCleopatra '99 Chevy Suburban
Krystal 2004 Volvo S60
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Rudolf ‘86 300SDL
Bruno '81 300SD
Fritzi '84 BMW
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'97 Jeep GC
'96 Volvo 960
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post #9 of 12 (permalink) Old 10-11-2014, 05:39 AM Thread Starter
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Thanks

Thank you for responses. I love the car and I can't explain why! I will find a home in 107
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post #10 of 12 (permalink) Old 10-11-2014, 06:21 AM
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Originally Posted by daveslone View Post
Thank you for responses. I love the car and I can't explain why! I will find a home in 107

The brakes are probably seized not due to seized calipers, but the brake hoses acting as a one way valve due to being way overdue to be replaced. Brake hoses are $10 each and very possibly all that you need, along with a $10 bottle of brake fluid. That's $50 to do the job yourself. It's probably worth taking a look at it on your own. You might learn something. You might save $1250. How's that for an idea?

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