Priceing a 1997 SL500 Sport w/Panorama - Page 2 - Mercedes-Benz Forum
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post #11 of 22 (permalink) Old 02-12-2019, 09:25 AM
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https://www.juliansauto.com/vehicle/...lersite#ar_top

This is closest comparable vehicle I found (similar miles, options as described, etc). It's been stuck at $13,495 for a couple months, IIRC. But, the key difference with this one is that it was involved in a front end collision over 10 years ago, and someone decided to replace the sport front bumper with a (cheaper) non-sport bumper. I also remember seeing an Imperial Red 97 with Sport, Xenons and Pano with 69k for $10,500 on AutoTrader recently.

With the options that you're describing I think that a valuation around $11-13k is reasonable.
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post #12 of 22 (permalink) Old 02-12-2019, 12:43 PM
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Originally Posted by Sinatra23 View Post
https://www.juliansauto.com/vehicle/...lersite#ar_top

This is closest comparable vehicle I found (similar miles, options as described, etc). It's been stuck at $13,495 for a couple months
I think the problem with that one is that the real price is actually $15,994 when you add back the $1,000 trade allowance (have to trade something in) and $1,000 finance assist allowance (Financing must be provided by a lender using this dealershipís assistance) - plus another $499 in dealer processing fees.

Not really a fan of dealers that play the fine-print game. More respect if they just listed it at $15,994 including the $xxx paper clip/staple/stamp fee.
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post #13 of 22 (permalink) Old 02-12-2019, 01:49 PM
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I think the problem with that one is that the real price is actually $15,994 when you add back the $1,000 trade allowance (have to trade something in) and $1,000 finance assist allowance (Financing must be provided by a lender using this dealershipís assistance) - plus another $499 in dealer processing fees.

Not really a fan of dealers that play the fine-print game. More respect if they just listed it at $15,994 including the $xxx paper clip/staple/stamp fee.

Wow, good catch! Funny enough, I distinctly remember this dealer having another special R129 in their inventory a few years back: A 2000 SL500 Designo Slate Blue Edition with under 30,000 miles. With that kind of pricing structure, who knows what they wanted for it lol.
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post #14 of 22 (permalink) Old 02-18-2019, 02:47 AM
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Do you want to actually sell it or just have it languish on the market ? Pricing it over $10,000 just ensures it will sit there .

If you actually want to sell it , put it on bring a trailer and let the auction end where it may . Might be over $10k if two bidders fight for it
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post #15 of 22 (permalink) Old 02-18-2019, 05:35 AM Thread Starter
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I believe what you say tusabes concerning the price of the car in the US market. But...

Tampa has 2 (probably more) classic car marketers and one of them (that I know of) has exposure to Europe where our cars sell for more. Especially the lower mileage ones.

If this works out, I'll let you (and everybody else) know what happens.
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post #16 of 22 (permalink) Old 04-05-2019, 06:38 AM Thread Starter
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The car sold.

It was listed at $15,995 and now has a lucky new owner from Michigan.

https://www.streetsideclassics.com/v...rt-convertible
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post #17 of 22 (permalink) Old 04-05-2019, 07:27 AM
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nice work and strong number.

As an aside - do you know the story with the non-sport front bumper?
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post #18 of 22 (permalink) Old 04-05-2019, 09:41 AM Thread Starter
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The previous owner was kind enough to share that story when I pointed out the non-Sport bumper as her car was parked next to mine.

As we all do at least once, the bumper was damaged by a parking space tire stop. A local repair shop replaced the Sport bumper cover with a regular cover and didn't tell her. She seemed a bit incredulous when I pointed out the obvious difference, but it had been over 5 years since the switch and there was no time to source a replacement before the sale.

I converted my car from regular to Sport a few years ago and gave her a ballpark valuation of what a full Sport front bumper cover with fog lights, grill screens and tow hook covers is worth in today's market.

So the car sold with hybrid bodywork.

It was the car's only real big fault in my opinion.
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post #19 of 22 (permalink) Old 04-05-2019, 09:55 AM
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thanks for the insight

Still a stunning example - and I'm guessing most/many of the members on this forum would be the only ones to even notice the mismatch.

I have not looked at the data but my butt dyno certainly seems to indicate that R129 prices are escalating. Perhaps because it is mostly the nice examples that remain or come up for sale. The $35k silver arrow on bring a trailer earlier this week was interesting.
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post #20 of 22 (permalink) Old 04-05-2019, 10:37 AM
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Man. $2,000 for a car with 160K miles. My 96 I got 5 years ago with 119K for $7,000. Has 190K now. With all the things that have worn out on a 20 year old car (including transmission) I'll bet I have put close to $20K in it - seals, trans, shocks (2x - Bilsteins!), front bumper repaired ($1,200), radio, tires, brakes, seat cover...those I just remember off the top of my head.

And this was an original owner, a multi millionaire with 4 MBs.

Those buying these cars have 2 options: Either put money into them and drive them for years or deal with stuff going out for the duration of the ownership experience. How many can put their own transmission in? That was a job even for the dealer, as he discovered for '96 the 722.6 had a different controller so even that had to be updated.

I get the feeling that these cars that have been maintained impeccably (particularity by 4th to 6th owners) are almost non existent. If you can find one of those, that is the deal of the century.


I'll bet I would be "lucky" to get a $3,000 premium for all the things I have done. But I intend to keep it for years and drive it.

Other than my rattling cats (shop says factory ones won't be available until August!) - I don't want to go to Midas - car could be driven anywhere.

Last edited by wlb50; 04-05-2019 at 10:46 AM.
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