Originally Posted by Mercedes Lover
What should I tell the owner to convince him to drop the price that low?
Ug. I can't keep my mouth shut. I really want to help but this IS frustrating.
Step back a bit and think about something - 75% of the cars on CL and on ebay don't sell. The reason is the buyer wants more money than they are worth. The process of changing a buyer's position is something the buyer has to do and it usually takes time. Months. Years.
If it were me and I really wanted to go see the car because it has nice paint, I would go see the car, drive the car, find out what the rust situation is and then LEAVE.
Email the buyer a link to this thread and if the buyer wants to get real and get educated then that's up to the buyer. The chances of that happening within the next week or two are quite low, but they increase as time passes and as his car doesn't sell. What you might want to do when you see the car (or talk to him) is find out why he is selling it and if he actually NEEDS to sell it to make room for something else, or if he just wants to make some money. If he just wants to make some money and the car isn't causing him any problems just sitting there, he is very unlikely to "get real" regarding the value of the car.
I get the impression from what you have written that you have $7000 and want a really nice classic car. Easy !!!! And you have written that you want to learn to maintain the car. Easy !!!! But maintain an older Mercedes is much easier than repairing one that is in the condition that this car appears to be in.
In my mind one of the bigger negatives about the car is that the owner didn't title and register it in his state of residency. WHY??? If he ever had any commitment to the car this would be a no-brainer for him to do. Yet he didn't.
And so the story continues. I _DO_ think it is worth it for you to go check out the car and drive it. If you want to buy a car of this type it is worth it to look at every single one you easily can, and drive them all. You will become educated on which one is a good one and which one is a bad one. Try to turn this into an educational experience where you become smarter about value and cost and try to disconnect yourself from the outcome of whether or not you buy the car.
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, ...