I was surprised when......
A few years ago I went to a MB mechanic. I asked him what he thought I could get for my car which I figured might be worth $3,000. He said $7,500. I said you gotta be kidding! He said no. You've kept the car up. You can easily buy an old Mercedes (diesel or gas) and put $5,000 into fixing it up to get it to where it needs to be.
So even if prices have dropped now, I have a good running Mercedes that is (in theory) safe to drive (not that I want to test that theory). There are some little repair blips on the screen from time to time, but all cars need repairs.
In the meantime, I have nearly new 90,000 mile tires on the car, lifetime alignment with a large auto chain, an engine that should probably run to 700,000 miles with few problems, etc.
Plus another gas shortage will come along soon enough.
In the meantime, I drive a high quality car that I enjoy driving, knowing that if I am in a crash, chances are this diesel car will probably not catch on fire. What's that worth to ya?
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