Why are R129 so cheap to buy????? - Mercedes-Benz Forum
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 41 (permalink) Old 12-05-2017, 06:12 PM Thread Starter
BenzWorld Member
 
Date registered: Sep 2006
Vehicle: '07 S600, '00 E320 Wagon, other
Location: Tampa Bay, FL
Posts: 158
Mentioned: 0 Post(s)
Quoted: 16 Post(s)
(Thread Starter)
Why are R129 so cheap to buy?????

The more I learn about R129 the more I like them and I think those are some of the best cars Mercedes ever built.

So why are they so cheap? I beaten up car can be had for about $2500, $10,000 buys a nice one.

A reasonable SL600 can be found in the $10-$20k range and it is a low volume supercar. A used Pagani with exactly the same engine will be a few hundred thousand (up to millions if AMG tuned). A Porsche 993 of the same vintage will be 4 times that expensive, more fun but less comfort, less safety and it's also a pain to work on.

Do you see them already moving up in price into desirable, collectable category or do we need to wait longer? Or are they destined to be just "old used cars"? thx
Jacques405 likes this.
George993 is offline  
Sponsored Links
Advertisement
 
post #2 of 41 (permalink) Old 12-05-2017, 07:11 PM
One of the BW Old Guard
 
Ears's Avatar
 
Date registered: Aug 2004
Vehicle: 1997 SL500- 40th Anniversary
Location: Fort Payne, Al
Posts: 7,008
Mentioned: 8 Post(s)
Quoted: 482 Post(s)
Lifetime Premium Member
Funny you should ask...

https://www.benzworld.org/forums/r129...e-us-long.html
RJ's SL likes this.

RM Smith
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

Where is it again that we are going... And why are we in a handbasket?
Ears is offline  
post #3 of 41 (permalink) Old 12-05-2017, 07:16 PM
BenzWorld Elite
 
Date registered: May 2016
Vehicle: 2000 S430, 2003 S430, 2003 S600 TT, and 2005 E320 CDI
Location: USA
Posts: 3,593
Mentioned: 159 Post(s)
Quoted: 901 Post(s)
Same reason, I gather, why other M-B's are so inexpensive--the reputation for expensive maintenance You oughta also look at the W220 sedans if you want to see some serious depreciation.

2000 S430 (Dad's car, used for special occasions)
2003 S430 (one of two current DD's--second W220 project car, just for fun--decided to keep it after all)
2003 S600 (third w220 project car, the sports car)
2005 E320 CDI (the other current DD--first W211 project car)

Formerly--AND ONCE AGAIN! (I just married the girl):
2000 S500 (best friend's--now WIFE's--DD: my first W220 project car, once gone to, AND NOW RETURNED FROM, an excellent home--welcome back home, baby!)
cowboyt is offline  
Sponsored Links
Advertisement
 
post #4 of 41 (permalink) Old 12-05-2017, 07:25 PM
BenzWorld Elite
 
Date registered: Jul 2004
Posts: 5,344
Mentioned: 5 Post(s)
Quoted: 485 Post(s)
I have a theory that it's because they all suffer the same cancer - an automatic soft top that is either a) broken, or b) about to break. All valuable Mercedes convertibles have a manual top. All automatic top Mercedes convertibles have a depressed market value. Not coincidence I think.

Of course some 129 models suffer multiple cancers, without naming names.
MAVA likes this.
deanyel is offline  
post #5 of 41 (permalink) Old 12-05-2017, 07:34 PM
BenzWorld Veteran
 
RJ's SL's Avatar
 
Date registered: Sep 2015
Vehicle: '96 SL500
Location: Saratoga, NY
Posts: 615
Mentioned: 5 Post(s)
Quoted: 148 Post(s)
Unless you have some pretty good mechanical skills, or a big bucket of money in which to pour into your car, the R129 is not the right car for you.
MAVA, George993, rorypff and 2 others like this.
RJ's SL is offline  
post #6 of 41 (permalink) Old 12-05-2017, 09:08 PM
Moderator
Outstanding Contributor
 
MAVA's Avatar
 
Date registered: May 2006
Vehicle: 93 SL500, 95 SL320, 96 S320, 98 S500, 2002 E320 4Matic Wagon & A little 91 5.0 FORD Mustang
Location: Sacramento, California & El Dorado Hills, California, USA
Posts: 7,795
Mentioned: 37 Post(s)
Quoted: 1223 Post(s)
Lifetime Premium Member
George,

With any of these cars(no matter the engine) do not get one with the coffee/caramel/blue interior as they are obsolete-cannot buy interior parts in those colors.

With the 600's understand the "fan" on the clutch fan is no long made either, and for some funny reason I've replaced two. They crack on the M120's. They are made of magnesium. 93-95 M120 engine cars the MAF harness fails, and it is no longer made. The injector harness can be rebuilt, but a limited supply exist on those. By now most M120 cars (W140 too) will need the vacuum plumbing replaced under the intake as the plastic elbows crack-open, so one has to take the intake manifold, so you will need a intake manifold gasket set, but wait... You are "dam if you don't, and dam if you do" with the four knock sensors under the intake on the heads, so wise to spend the $800 or so on new knock sensors....

No aftermarket parts, so you tear a bumper cover you will pay dearly. Radiator will cost a mint too. One has to get the top hydraulic cylinder rams rebuilt because replacing them all may cost you $8k to $10k for new ones and they are good for 15 to 20 years...

You got to pay to play R129..

Watch out for those with mechanical injection cars-hard to fix. I would never get anything less than a 94(nothing with a mechanical odometer), but i would really stay with 97 and above, but now you run the risk of not getting key-fobs from the dealer, so get a car with the two key fobs ...

Martin
George993 and wlb50 like this.

Last edited by MAVA; 12-05-2017 at 09:17 PM.
MAVA is offline  
post #7 of 41 (permalink) Old 12-05-2017, 09:09 PM
BenzWorld Elite
 
Date registered: Mar 2007
Vehicle: 2000 SL320, 2001 CLK320
Location: Cape Town, South Africa
Posts: 2,343
Mentioned: 6 Post(s)
Quoted: 366 Post(s)
They are so cheap because they made too many of them over a long period of time - 250 000 units or so.

But considering they were virtually hand made and if one finds a well maintained model in good overall condition then you have one of the best made vehicles that Mercedes ever built and certainly one of the safest sports cars.

Lastly any vehicle is as good as how the various owners drove them - I would imagine that it is now becoming more and more difficult to find the diamonds in the rough
George993 and RJ's SL like this.
rorypff is offline  
post #8 of 41 (permalink) Old 12-05-2017, 11:50 PM
BenzWorld Elite
 
wlb50's Avatar
 
Date registered: Mar 2013
Vehicle: 1996 SL500, 2000 E430
Location: Sacramento, California
Posts: 3,564
Mentioned: 15 Post(s)
Quoted: 669 Post(s)
Supply and demand - that is simple. More on the market than people want so price point goes down to make demand.

Trying to predict what they will do in the future is a fools errand - I suspect like the R107 in 15-20 years good ones will be going up but you won't retire on the proceeds.

I have both spent lot on shops and done a lot of my own work - but I would trust this car at 21 years old and 185,000 miles to take me anywhere with a minimum of fanfare.
wlb50 is offline  
post #9 of 41 (permalink) Old 12-06-2017, 02:56 AM
BenzWorld Member
 
Date registered: Mar 2010
Vehicle: w140 300SEL 1992, w124 500E 1991, w124 300td Turbo 1992, r129 500SL 1994
Location: France
Posts: 260
Mentioned: 0 Post(s)
Quoted: 41 Post(s)
Quote:
Originally Posted by George993 View Post
The more I learn about R129 the more I like them and I think those are some of the best cars Mercedes ever built.

So why are they so cheap? I beaten up car can be had for about $2500, $10,000 buys a nice one.
Do you plan to buy one?
These are not "rare" cars as much as some w124-500E can be, so I would say that speculating on a w129 is not a wise option. Despite that, I fully agree with what you say about these being some of the best cars ever made by MB. In that perspective, buying a w129 for driving experience and pleasure is definitely a perfect option!

Market supply and demand balance explains the (yo-yo) price, and once again I fully agree with you, they are cheap. Reason is (IMHO) they are just becoming yougtimers, but the w107 version is now becoming much more appreciated than ever, eclipsing a little bit its young daughter. I bet in 10 years or less, the cursor on the love-scale of the w129 will be much higher. Another reason is that, when they are cheap to buy, that is because they will be expensive to maitain in perfect condition. Spare parts are horribly expensive (I purchased a couple of them, you need to plan a reasonnable amount of USD), and except if you DIY on the car, very few mechanics will have knowledge to service/fix the car, the ones being able to do it will charge you heavy working hours.

Happy to welcome you in a near future onboard the w129 section.

Jean-Louis
Jacques405 likes this.
jll13 is offline  
post #10 of 41 (permalink) Old 12-06-2017, 09:11 AM
BenzWorld Senior Member
 
dbischoff's Avatar
 
Date registered: Nov 2009
Vehicle: 2010 SL63 AMG, 2001 SL500, 2012 Corvette Z06, 2013 Lexus RX350, 2012 Cadillac CTS Coupe, 2015 Ram
Location: Calgary, AB, Canada
Posts: 480
Mentioned: 2 Post(s)
Quoted: 62 Post(s)
Depends somewhat on your location. Nice ones aren't that cheap around here. They were very expensive new, due to currency exchange rates at the time, so were not as common as in other places. But there are factors that lower their price. There is the perceived anticipated high cost of maintenance. I say "perceived", because in my experience, my 2001 has been very reliable. And when I have made repairs, I found that parts are no more expensive and no less available than they are for other cars. And this car is easy to work on.

We also have some SLs on the roads here that are real worn out crap, because the young guys ship old used cars incredibly cheap from Japan. Canada has a rule that allows cars older than 15 years to be imported without having to meet all the latest Canadian requirements for safety, emissions, etc. Meanwhile I believe Japan has a system whereby annual car registration/license fees increase significantly each year the car gets older, so they are incented to dump them cheap. Some people have asked me if my pristine 2001 SL500 "is Japanese". I chuckle and tell them "no, it is German" (Mine was originally sold new in California). But I know what they mean.
dbischoff is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > Mercedes-Benz Roadster Forums > R129 SL-Class

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 

Title goes here

close
video goes here
description goes here. Read Full Story
For the best viewing experience please update your browser to Google Chrome