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86 300 SDL
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Discussion Starter #1 (Edited)
300 SDL with 284K miles? Purchase advice

Hi, I'm a noob. I'm looking at a 1987 300 SDL with 284K miles. It looks very clean with no rust. They are asking $2750.00 Is this too many miles? Could I expect to get many more miles out of it? :confused:

 

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1985 300sd
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sounds like it should just about broke in. bought my '85 SD for quite a bit more at 229,000. i've been told that my '85(with good care) could run for a million miles. if you like it i say go for it!
 

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1987 300SDL
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I'd say go for it, but it's quite expensive considering the mileage. However, if everything or dang near everything works on it, then whatta heck, drop 250$ off the current price and you've got a sweet ride.
 

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That car is listed in the dealer auction system, and it says no prior paintwork (with 284K miles, wow!).

They have it listed for sale to a dealer only for $1995 plus fees, and they lose abuot $125 on the sale to the auction as well.

Get a PPI, verify no paintwork, and go in there telling them your dealer friend can buy it for $2K so why can't you?

Bruce
 

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67 300 SEL, 85 500 SEL, 90 420 SEL
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Hi,
MMR is only 1750.-- and their starting bid is 1.500.-- with two days to go. I can't imagine that a dealer would buy a car with miles like this on OVE for 1.500.--. Maybe 1.000.-- Just my two cents. I put it on my watch list.
 

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86 300 SDL
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Discussion Starter #6
300 SDL

Ok, thanks guys. I can't go look at it until weds. This will help me to know what to offer him.

Hi,
MMR is only 1750.-- and their starting bid is 1.500.-- with two days to go. I can't imagine that a dealer would buy a car with miles like this on OVE for 1.500.--. Maybe 1.000.-- Just my two cents. I put it on my watch list.
 

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Euro 1985 500SEL
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Even if everything works on the car, the price is too much. But hey..if you feel the condition is worth it and it tugs at your heartstrings..do what ye will. :)
 

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Hi,
MMR is only 1750.-- and their starting bid is 1.500.-- with two days to go. I can't imagine that a dealer would buy a car with miles like this on OVE for 1.500.--. Maybe 1.000.-- Just my two cents. I put it on my watch list.
MMR can not account for a car like this. It needs to be typical sample with average miles, etc.

How many other 284K mile no paintwork cars have gone through to compare? :)

It's worth $2K as a parts car if it's in good running condition, so if it's truly no paintwork highly maintained and in nice shape, no way can MMR account for a realistic value.
 

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67 300 SEL, 85 500 SEL, 90 420 SEL
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MMR can not account for a car like this. It needs to be typical sample with average miles, etc.

How many other 284K mile no paintwork cars have gone through to compare? :)

It's worth $2K as a parts car if it's in good running condition, so if it's truly no paintwork highly maintained and in nice shape, no way can MMR account for a realistic value.
MMR has become a pretty good tool to determine the value of a car.
If you look at the actual results of 1987 SDLs sold:

03/17/10 DAL DLRS Regular $2,400 233,134 Above BLUE 6D A Yes
07/08/10 LAS VEGA Regular $300 274,532 Avg GRAY 6D A Yes
08/10/10 BALTWASH Regular $1,000 202,915 Avg DK GREY 6D A Yes
09/01/10 NEWBRGH Regular $2,050 117,491 Above BLACK 6D A Yes
09/14/10 GA DLRS Regular $700 224,371 Avg GOLD 6D A Yes
10/07/10 CINCINNA Regular $525 324,887 Avg DK GREY 6D A Y

you can see that it makes sense.

Besides that, this particular car was bought over a year ago at an auction and has covered only a couple of hundred miles ever since.
In my opinion, this means the dealer could not sell it for his asking price. Also, no one has bid on OVE (dealer only auction) yet either.
I have been a car purchasing agent for many years and even though I personally like well taken care of high mileage cars, "milers" just don't sell. If it was a 300 SDL with documented 50k miles, driven by the Pasadena Grandma to the church and the supermarket, it would have flown out the door for 10Grand....................Makes no sense.
 

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86 300 SDL
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Discussion Starter #11
hmm, you guys are talking a lot of dealer speak that I don't know, what is MMR? Anyway, I called him yesterday because I wanted to go look at it and he said he is out of town until the 2nd and he would show it to me when he gets back. I'll start at $1500 and tell him I know it is being offered on the dealer thing, with the cash in my pocket.

I really do appreciate your guys input. this is very helpful.

MMR has become a pretty good tool to determine the value of a car.
If you look at the actual results of 1987 SDLs sold:

03/17/10 DAL DLRS Regular $2,400 233,134 Above BLUE 6D A Yes
07/08/10 LAS VEGA Regular $300 274,532 Avg GRAY 6D A Yes
08/10/10 BALTWASH Regular $1,000 202,915 Avg DK GREY 6D A Yes
09/01/10 NEWBRGH Regular $2,050 117,491 Above BLACK 6D A Yes
09/14/10 GA DLRS Regular $700 224,371 Avg GOLD 6D A Yes
10/07/10 CINCINNA Regular $525 324,887 Avg DK GREY 6D A Y

you can see that it makes sense.

Besides that, this particular car was bought over a year ago at an auction and has covered only a couple of hundred miles ever since.
In my opinion, this means the dealer could not sell it for his asking price. Also, no one has bid on OVE (dealer only auction) yet either.
I have been a car purchasing agent for many years and even though I personally like well taken care of high mileage cars, "milers" just don't sell. If it was a 300 SDL with documented 50k miles, driven by the Pasadena Grandma to the church and the supermarket, it would have flown out the door for 10Grand....................Makes no sense.
 

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MMR has become a pretty good tool to determine the value of a car.
If you look at the actual results of 1987 SDLs sold:

03/17/10 DAL DLRS Regular $2,400 233,134 Above BLUE 6D A Yes
07/08/10 LAS VEGA Regular $300 274,532 Avg GRAY 6D A Yes
08/10/10 BALTWASH Regular $1,000 202,915 Avg DK GREY 6D A Yes
09/01/10 NEWBRGH Regular $2,050 117,491 Above BLACK 6D A Yes
09/14/10 GA DLRS Regular $700 224,371 Avg GOLD 6D A Yes
10/07/10 CINCINNA Regular $525 324,887 Avg DK GREY 6D A Y

you can see that it makes sense.
On OVE dealers can not see service history kick tires (unless they are local), etc. So a 284K mile will never get any bids in my opinion, as-is, it's just a junker to a dealer.

Not sure how you can say MMR makes sense. The prices range from $500 to $2400, you really have no idea of the svc history or condition of any of the cars, prices are back to March, and only 6 cars are listed. There is no way to gauge what that car is worth from that data.
 

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86 300 SDL
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Discussion Starter #13
Update: I went and looked at it a couple of weeks ago. It was leaking diesel fuel from like 4 of the injectors from the top. They have these rubber hoses that connect from injector to injector, I don't know if it was leaking from those. I did notice the fuel was bubbling at the base of the injectors where they screw into the head. It idled well and did not seem to blow any smoke. I took it for a pretty decently long test drive, it accelerated very poorly and it seemed to get worse the longer I drove it. Finally, it could barley take off even when I floored it. The windows, radio, wipers and seats did not work, he said it might just be a fuse. I looked in the fuse box and there where some missing fuses, but it could have some electrical problem. It did drive straight down the road even when I let go of the steering wheel. Bottom line, it just scared me too much. The leaking fuel, the poor acceleration and the electrical problems. The seller was a Arab guy, they always have some excuse when they are buying something why it is not worth what you're asking and when you're buying something from them, it is pure gold. I might have considered it if he would negotiate the price, but he just started laughing at me, so I said thanks, bye. He seemed to thing the engine was worth so much, with 284K? Also, the Detroit area is not a real MB diesel area, they sell for cheap here. So, still looking. Just thought I should update you guys on what happened. Thanks for all your input.
 
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