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-   -   Silver Arrow value (https://www.benzworld.org/forums/r129-sl-class/3013626-silver-arrow-value.html)

Sc00p 12-29-2018 06:15 PM

Silver Arrow value
 
Iím moving next fall and donít think Iíll have room for both our cars and the Silver Arrow. I know this question could have a large range of answers and hope not to start a donnybrook...however...what is the value of a 2002 SL 500 Silver Arrow, with 91,000 miles? I imported to Canada from US in 2007 and since then she spends all winter in an underground garage. If rain is in the forecast, she stays in my garage. I baby her, but she does get driven as you can see by the mileage. Iíve taken her to Florida (from Toronto) 3 or 4 times in the last 5 years and she runs great. I replaced the front hydraulics 15 months ago. The only known issue is the cracking of the wood trim pieces around the center console. Otherwise, great condition mechanically and physically.

The market for these cars is much stronger in the US I suspect, given many (like me) view these as 3-season cars up here, whereas they can be 4-season cars in much of the US. The car is now titled in Ontario and I have no idea what would be involved in importing back into the US.

I might trade with my Audi for something else, or might try to sell privately. Iím curious a) what the group thinks is the value is, b) if anyone knows what is involved in re-importing back to the US and c) is anyone in the group here interested in buying her?

Thanks guys, as always Iím grateful for any and all input.

Sc00p

lowesguy 12-29-2018 11:29 PM

Do some research on sold R129's listings on "Bring A Trailer", good barometer for what serious collectors are willing to pay.

wlb50 12-29-2018 11:37 PM

I would say too that it depends greatly on where you are. Prices aren't that consistent. This sounds like a great DD.

Benica 12-30-2018 03:37 AM

23 Attachment(s)
Not what you probably want to hear...but a car is only worth what it sells for. Sellers want the most money and buyers want to pay the least. Being a SA is not a big issue for many buyers; it's the R129.
Plenty of low mileage R129's on the market. Another point is...keys.
Maintenance records. Condition.
Market. You might get 10/12K...maybe more...we've all seen lower mileage R129's sell for 6/7/8K...

Sc00p 12-30-2018 11:02 AM

Thanks guys. I think the key here is the car is worth what someone is prepared to pay for it and where it’s located. Canadians probably not the best market, though I shouldn’t discount them completely. I’m just outside of Toronto but someone in the US would have to import back to the US. I’ll take a look at bring a trailer. Thanks.

jazzc01 12-30-2018 11:34 AM

Also, remember that winter is generally not the best time to sell these cars. To add my 2 cents: its all about the cars condition, any work that has been done/needs doing and also if the owner is cheap. i.e. if the owner replaces parts with lower quality rather than "expected" better quality for these cars. EX: Avoiding Michelin tires (or similar high end ones), using pattern rather than MB/MB approved/OEM/ parts. How does the car drive etc.? There are so many types of buyers/sellers that you either need to be patient for the price you want or just sell at a lower value. If you look at BAT and also say eBay you will see a wide range of prices for these Silver Arrows. So just set a price and see how much interest it evokes. You never know there may be someone near you in CA who wants to jump into this R129 game. Good luck, and HNY.

Sc00p 12-31-2018 08:24 AM

I think you're right - my timing is probably not the best, certainly for 75% of the country (and definitely not Canada). The car is serviced by the local dealer (including the hydraulics), I have all the keys (including valet). The tires are Continental Extreme Contact DWS. In a nutshell, the car is very well looked after. I guess I just need to find the right buyer.

Has anyone here had experience importing a car into the US? This one should be simple, I would think, as it was in the US from new in 2002 until 2007 so any duty would already be paid, and there wouldn't be any work needed to get titled there. I am familiar with the process of importing to Canada but not the other way around.

Thanks again for all the thoughts and help.

sualk54 12-31-2018 08:37 AM

I bought my '92 500SL from the MB dealer in Waterloo, ON in December 2004 and knowingly paid about $5k too much for it due to the condition of the car [only 48k km], lack of comparable cars on the market and the fact he was willing to store it at no charge until the weather got better, they can be sold in the winter

Sold it 6 years later when we were living in Waterdown to a buyer from Burlington by placing free ads in AutoTrader and Kijiji- got what I wanted as, again, there weren't too many on the market and mine was in excellent shape. I cancelled and re-posted the ads about once a week, took 3 weeks to sell but I was in no hurry

Sc00p 01-02-2019 12:59 PM

Quote:

Originally Posted by sualk54 (Post 17650596)
I bought my '92 500SL from the MB dealer in Waterloo, ON in December 2004 and knowingly paid about $5k too much for it due to the condition of the car [only 48k km], lack of comparable cars on the market and the fact he was willing to store it at no charge until the weather got better, they can be sold in the winter

Sold it 6 years later when we were living in Waterdown to a buyer from Burlington by placing free ads in AutoTrader and Kijiji- got what I wanted as, again, there weren't too many on the market and mine was in excellent shape. I cancelled and re-posted the ads about once a week, took 3 weeks to sell but I was in no hurry

Thanks - I might have to go that route. My other option is to drive it to Florida for the month of April and try to sell it there. I do believe this is more of a Florida car than a Southern Ontario car...

Benica 01-02-2019 01:29 PM

But the downfall....Florida, Southern California, Arizona...many R129's available at given time. And then...customers wanting to buy say...well, why buy yours for X amount when I have 4 others I have seen that have low miles and are just has good of condition as yours for 5K less...
You got to put yourself in the buyers seat and be ready to have answers..


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