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Premium Member
1986 560SL with M120 V12 Engine, 1988 560SL Stock
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10,170 Posts
Discussion Starter #1
Just totaled up all the money I spent on my black 1988 560SL Delilah since I purchased it.

Including a purchase price of $13,500 in October of 2004, all receipts I have to date total $24,962.79. That figure is probably off by ~700.00 since I know I'm missing a receipt for tires when I first got the car and probably a few others. So for less then $26K I have owned the car for 6 years now and put 58K miles on it. Estimated cost of fuel for those 58K miles is about $8200, (gas was under $1.50 a gallon when I bought it). It cost me about $1800.00 to insure for the past 6 years and about $500.00 of original registration.

Grand total to purchase own and operate this car for 6 years is estimated at.

$26K
$8.2K
$1.8K
$0.5K

Grand Total = $36,500 or ~ $0.63/per mile. or just under $0.50/per mile assuming an $8000.00 resale value.

Receipts per year

2004 = $13,872.77 includes purchase
2005 = $1272.60
2006 = $3684.76
2007 = $802.20 Samson goes into production
2008 = $774.29
2009 = $0 Hardly drove it, drove Samson all year.
2010 = $4566.12 Remember how I said Delilah was neglected.
 

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Outstanding Contributor , Bob's Your Uncle!
-----'83 280 SL----- 5 speed....The PIG
Joined
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29,492 Posts
Just totaled up all the money I spent on my black 1988 560SL Delilah since I purchased it.

Including a purchase price of $13,500 in October of 2004, all receipts I have to date total $24,962.79. That figure is probably off by ~700.00 since I know I'm missing a receipt for tires when I first got the car and probably a few others. So for less then $26K I have owned the car for 6 years now and put 58K miles on it. Estimated cost of fuel for those 58K miles is about $8200, (gas was under $1.50 a gallon when I bought it). It cost me about $1800.00 to insure for the past 6 years and about $500.00 of original registration.

Grand total to purchase own and operate this car for 6 years is estimated at.

$26K
$8.2K
$1.8K
$0.5K

Grand Total = $36,500 or ~ $0.63/per mile. or just under $0.50/per mile assuming an $8000.00 resale value.

Receipts per year

2004 = $13,872.77 includes purchase
2005 = $1272.60
2006 = $3684.76
2007 = $802.20 Samson goes into production
2008 = $774.29
2009 = $0 Hardly drove it, drove Samson all year.
2010 = $4566.12 Remember how I said Delilah was neglected.
Did you finally lose your job?

Where did you get all that extra time?
 

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One of the BW Old Guard/R129, W204 Moderator
1997 SL500- 40th Anniversary
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7,166 Posts
Grand Total = $36,500 or ~ $0.63/per mile. or just under $0.50/per mile assuming an $8000.00 resale value.
Look of Delilah, sitting in the sun next to Samson... Priceless!
 

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Premium Member
1986 560SL with M120 V12 Engine, 1988 560SL Stock
Joined
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10,170 Posts
Discussion Starter #5
Did you finally lose your job?

Where did you get all that extra time?
No didn't loose my job. The cannons will be firing all night long, but when you look to the south in the dawns early light you will see my flag will still be there.

Plant is shut down this weekend to purge gas pipes. Weekend off.:D

Good fighting.:thumbsup:
 

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Premium Member
1984 380SL, 1973 450SLC
Joined
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2,174 Posts
I know I have over 12K into my 84 380, and that doesn't include the labor, my time is free. but I am happy with what I have, a dependalbe daily driver, and still happy with my decition to purchase her. I still believe I purchased my car with a core charge of 8K, and everything I invest is my problem, I just hope to get my core charge out of her when she has to go.

But I didn't know anything about these things when I bought her, and found out she is a euro version, 380, limited slip differential, anti squat rear suspention, no polutiontion crap, ie. frequency valve, air punp ect., first gear start always,:). so as I have stated in the past, you have to get lucky once in a while, and I did.
 

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R/C107 Moderator
1986 560SL: '84 500SL: '84 280SL 5 speed: other 107s
Joined
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32,315 Posts
As the saying goes. Ignorance is bliss.
I am in a state of bliss and will remain that way.
 

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Premium Member
1986 560SL with M120 V12 Engine, 1988 560SL Stock
Joined
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10,170 Posts
Discussion Starter #9
As the saying goes. Ignorance is bliss.
I am in a state of bliss and will remain that way.
Well this car was essentially my daily driver and still is now. Considering it was either purchase a new Ford Ranger for $28K at the time or Delilah for $13.5K and get to keep my 92 F150, I believe I made out well. Delilah has many more years of service left and is now in significantly better condition than she was 6 years ago.
 

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Registered
1988 560SL, 1979 Triumph Spitfire
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99 Posts
Here's my cost of ownership YTD

1988 560SL bought at 43,700 miles.

Feb 2010 - purchase price $7,750

YTD cost of repairs and maintenance - $8,388
(not including gas)

Total YTD = $16,138

I'll be budgeting another $5K for 2011.
 

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Registered
1976 Euro 280SL; 1987 560SL
Joined
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51 Posts
so those are the prices for all of your repair bills on top of oil and gas and tire rotations?:eek:
 

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Registered
1988 560SL, 1979 Triumph Spitfire
Joined
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99 Posts
If you're asking me

so those are the prices for all of your repair bills on top of oil and gas and tire rotations?:eek:
To break it down for you:

Feb 5, 2010 Purchase Price = 7,750.00

Feb 11, 2010 Title registration = 255.85

Feb 12, 2010 Repair and Service = 4,849.48
Towing, AC compressor, AC receiver dryer, AC oil, fitting, freon, AC press switch, AC sensor, door lock striker, valve cover gasket, oil level sensor, oil pan gasket, radiator cap, muffler hanger, transmission filter kit, transmission fluid, fan clutch, motor mounts, subframe mount kit, sway bar bushing kit, fan belt set, upper control arm (right), fuel filter, fuel hose, air cleaner, air filter, engine oil service, left windshield fluid nozzle, ABS sensor, safety check, labor

Feb 20, 2010 Wheel alignment = 91.10

Mar 3, 2010 Parts = 76.18
Hard top release crank pad, brake release knob

Mar 23, 2010 Detail = 397.91

Apr 1, 2010 Parts = 306.83
Hard top cart and visor clip

Apr 2, 2010 Tire balance = 52.36

Apr 20, 2010 Repair and parts = 695.06
Water pump, thermostat, hazard switch, windshield washer nozzle, labor

Apr 22, 2010 Alpine audio system = 240.84

Apr 22, 2010 Replace bowden cable = 21.30

May 5, 2010 Parts = 79.00
Cigar lighter and male visor clips

Jun 22, 2010 Repair and maintenance = 325.54
Sway bar link tightened. Shifter bushing replaced. Rear brake pads and rotors replaced. AC drainage blown with air to clear blockage.

Jul 21, 2010 Parts = 97.75
Fog lamp lens, antenna grommet, touch up paint, decal, tire valve caps

Jul 29, 2010 Replace shocks. Align. = 899.46

TOTAL = $16,138

How I feel so envious of all those BW members who live in homes with garages. I only have one parking stall in our condominium (my GF has the other one). So I have to take all my work to an indie. If I could do the work myself, I imagine I could save lots on the labor.

What's next? replace the antenna mast, fix a rust spot, replace some of the carpeting, replace under hood sound pad and maybe a repaint.

Overall, I'm still quite happy.
 

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Premium Member
1986 560SL with M120 V12 Engine, 1988 560SL Stock
Joined
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10,170 Posts
Discussion Starter #13
so those are the prices for all of your repair bills on top of oil and gas and tire rotations?:eek:
I don't have repair bills. I have cost of parts. Nobody else ever touched this car except the guy that mounts and dismounts tires and the body man. So all the yearly totals are car purchase, parts and oil no gas.
 

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Premium Member
1973 450SL 2004 E320 4Matic Wagon 2019 Jeep Grand Cherokee
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3,197 Posts
I didn't get out all the bills, but I know my total outlay less gas was about $11,000. That includes insurance, which is less than $200 a year. From that, I subtract its movie earnings so I'm down to $10,500. However, the cost of gas is pretty dramatic. I put on 24,000 miles in the four years I've had it and at 12 MPG, that amounts to 2,000 gallons at an average of $2.75 or $4,500. It all works out to about 63 cents per mile. I guess the secret is to drive it more or get it in more movies. .
 

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W221 & Audio Moderator
2013 S550
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10,978 Posts
I updated and posted my expenses at http://www.benzworld.org/forums/r-c107-sl-slc-class/1552057-450sl-1500-should-i-buy-i-2.html

Short version: Purchased for $3500; spent $11,400+ in first year getting it in good mechanical shape and having deferred maintenance performed; spent $2950 on optional and appearance items; and I can anticipate another $8,000 before it is "done" as I intend it (but none of that $8K is an immediate need). I'll have $26,000 into it easily. I could have saved a LOT if I were a better mechanic, and if my back could stand more contortions.

None of that includes fuel or insurance.

I could probably sell it for $6K if I were very lucky.
 

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Registered
1979 280SL, 1984 280SL
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5,654 Posts
I'm going to print (parts of) this thread in case I ever decide to sell the SL. Good proof that it is better (cheaper!) to buy one in ready to go shape than a fixer upper!
 

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Registered
1984 380SL
Joined
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2,326 Posts
Chief you are so right!

I got mine two years ago for free but have bought $8000 worth of parts and paid $10000 to get them installed. Add $1000 for fuel (7000 mi @ 20 mpg X $3/g) and $1000 for registration and insurance and I'm on the hook for a cool $20k, about $3/mile yipes!

I do enjoy it when folks say, "Nice ride!" And wait until my brothers see it. :)

She's prime, in better shape than when the ol' man bought her in 1992. But now the important safety stuff is done and from here on out I'm budgeting $1500 a year for everything.
 

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Registered
82 380SL 96 SL500 03 SL500
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6,161 Posts
$3300 purchase price
$2500 parts including tires & rims
$600 license & insurance

Will probably will put an additional $1500 in it this winter, some of which will be a new soft top.

Have probably put 6,000 miles on it, a bit more than half of it this summer as I've gained confidence in the car (not exactly sure since I just fixed the odometer this spring).

BTW, that doesn't include the money I plan on spending to gain a couple of new car storage areas. :eek:
 

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Registered
1986 560 SL
Joined
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7,353 Posts
Once upon a time I worked for Schlumberger logging oilwells in Venezuela. One of my coworkers had a good looking wife who was being serviced by a third coworker on the sly.
A well-meaning busybody told the cuckold what was happening. He replied: "I am sorry you told me that. Now I have to do something about it."

Some things are best left unknown. Ignorance may not really be bliss, but it can be comfortable.
 
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