Based on my experience in watching the market, a top notch sub-100k mile SDL should fetch $9000 or so in today's world. Might take some time for a buyer, but the market is still there. That said, a sub-100k mile SDL that needs paint will be about $5-6000. A half-ass paint job will be $3-4000, and a seriously good one will be $6-7000, but anyone who buys that SDL will be into a "runner" and not a show car. It's hard to knock down prices by saying "it needs ball joints" or "it needs the cruise looked at" - the car is 24 years old and any buyer can't expect perfection nor can he reduce the price dramatically b/c he added up the cost to fix and subtracted that off the price. It's going to have some issues; it just will.
If it was my SDL, then I think I'd ask $6000 and hope/settle for $5500. It may have low mileage, documentation, and be an SDL, but it does have some issues and paint is a rather large one.
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- Brian
1989 500SEL Euro
1966 250SE Cabriolet
1958 BMW Isetta 600
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