Date registered: Jan 2006
Vehicle: 73 280SE 4.5, 71 300SEL, 03 BMW Z4, 72 Fiat 850, 80 Triumph TR7, 85 Porsche 911
Location: DC Area
Mentioned: 1 Post(s)
Quoted: 95 Post(s)
Yeah, without pics, it's tough to say what it's worth. The first thing I look for is rust, in the floorboards and in the rocker panels (most common rust areas). Is it a 6 or an 8? Both engines are pretty bullet proof if maintained even half-assedly, and each have specific quirks and things to look for. The transmissions are the same - good, long lasters unless beaten down. Rear ends are also just about bullet proof. I bought my 108 with a crappy transmission, but was able to get it rebuilt at Aamco. Parts, bits, pieces, seals and rubber things are all available at the $tealership, for considerable sums, but are also available in eBay, AutoHaus, and a whole slew of others. I've found bits and pieces through Autozone, Napa, etc as well.
There's an old adage that goes "there's nothing more expensive than a cheap Mercedes." (same can be said about any older, classic car) If you're getting a $1000 runner, with minor known issues, go for it. If it's not running but you know why and can fix it yourself, I'd still say go for it. If you have to tear into the engine or transmission ... I'd give it a lot of thought. Gorgeous though these cars are, they're readily available and not likely to go up in value like others have, and are thus not the best platform to use as an investment. As an example, I bought mine in '04 for $1000. I sold it about 10 years later, after a LOT of renovation and restoration, for $4,600 (and it was just about perfect). I spent more than $30K during my stewardship.
If you decide to take the plunge, this forum and others are full of people who have been there and done that. Additionally, the Online Resources portion here is pretty good - lots of stuff put up on trannies, carbs, fuel injection, brakes, etc. If it's not there, someone here likely has it elsewhere.
Last edited by Grubeguy; 04-04-2016 at 08:56 AM.