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  #1  
Old 01-04-2012, 10:35 AM
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How much excellent condition manual 240D worth?

Some guy nearby is advertising an excellent condition manual 240D with 130,000 miles. What do you folks think the market will bear? He's asking $7500, but that seems high to me.

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14 E250 Bluetec 4Matic "Sinclair", Palladium Silver on Black, 154k miles
06 E320 CDI "Rutherford", Black on Tan, 172k mi, Stage 1 tune, tuned TCU
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  #2  
Old 01-04-2012, 10:56 AM
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Well if not exposed on ebay he may be very receptive to a much lower price. The main thing as well is it has to be what he is representing. So many if not the vast majority are not.

At a true 130k well maintained and needing basically nothing I would think around the 4k mark. That is just my opinion though and what I might pay. Certainly no more.
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  #3  
Old 01-04-2012, 01:25 PM
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Each car must be inspected and priced individually. Being in the salt belt, check for rust.

Sellers have been known to believe their car is a cream puff.
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  #4  
Old 01-04-2012, 03:15 PM
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for 7500 bucks, you can fly first class to CA, spend a week relaxing and searching for a nice rust free 4-speed 240, pay 2 to 3 grand for it, and drive it back staying at quality hotels, with a short stop in vegas to play the tables.

I think that price is outrageous, for that much money, every single thing on the car must work and be in perfect shape.
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  #5  
Old 01-04-2012, 03:27 PM
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Dropnosky has that one right on. But it is low mileage and if he/she can prove that it only spent the last 6 months, (summer) in the rust belt after spending all its years in some balmy summer State and then garaged also, it might be worth $5000.00. But it has to be really clean and sharp, noooooo rust, no worn out burned up smelly interior. I mean really nice!
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1983 Mercedes W123 240D 4 Speed 285,000 on the road with a 617 turbo, beautiful butter yellow, license plate # 83 240D INDIANA

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  #6  
Old 01-04-2012, 03:29 PM
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Well, it's been in RI at least most of its life...ad says it's been maintained by same mechanic since 1989.
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14 E250 Bluetec 4Matic "Sinclair", Palladium Silver on Black, 154k miles
06 E320 CDI "Rutherford", Black on Tan, 172k mi, Stage 1 tune, tuned TCU
91 300D "Otis", Smoke Silver on Tan, 142k mi, wastegate conversion, ALDA delete

19 Honda CR-V EX 61k mi
Fourteen other MB's owned and sold
1961 Very Tolerant Wife
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  #7  
Old 01-04-2012, 03:30 PM
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Yeah, X2 on that. That's a premium price for sure. Especially given your area and the winters it's may or may not seen. Sure, there are cars out there worth that (garage kept all their life, meticulous maintenance records saved and all documentation organized) , just few and far between. The 240D is a GREAT car though. Simplistic, and a pleasure to own!
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  #8  
Old 01-04-2012, 03:34 PM
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For what he's asking I would be hoping for a one-owner car with full records.

At very worst, a car with two long-time owners (not some guy flipping a one-owner car). With full records or something close.

For $7500 the underside shouldn't show a hint of rust and rot is out of the question. Door seals, windlacing (door felt), interior pieces, gauge needles, seat padding and surfaces, the wood -- the whole shebang should be way above the average.

In my experience, there are 240d 'purists' who will pay that sort of money for a stick car with low mileage.
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2002 e320 4matic estate│1985 300d│1980 300td
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  #9  
Old 01-04-2012, 03:40 PM
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I hope to go take a look at it...if I do I will report back.
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14 E250 Bluetec 4Matic "Sinclair", Palladium Silver on Black, 154k miles
06 E320 CDI "Rutherford", Black on Tan, 172k mi, Stage 1 tune, tuned TCU
91 300D "Otis", Smoke Silver on Tan, 142k mi, wastegate conversion, ALDA delete

19 Honda CR-V EX 61k mi
Fourteen other MB's owned and sold
1961 Very Tolerant Wife
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  #10  
Old 01-04-2012, 03:45 PM
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Quote:
Originally Posted by shertex View Post
I hope to go take a look at it...if I do I will report back.
shertex,

i cannot imagine a car in RI all its life not having any rust issues. under the battery box, hood hinge pockets, inside and around the sunroof drains and rear floorboards. look very closely.

the absolute max I would pay for that vehicle is $3-4k if it was perfect. its slow (even if perfect) compared to what you're used to for sure.


dd
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'85 300D, 'Lance',250k, ... winter beater (100k on franken-Frybrid 3 Valve Kit)
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  #11  
Old 01-04-2012, 03:51 PM
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Quote:
Originally Posted by dieseldan44 View Post
shertex,

i cannot imagine a car in RI all its life not having any rust issues. under the battery box, hood hinge pockets, inside and around the sunroof drains and rear floorboards. look very closely.

the absolute max I would pay for that vehicle is $3-4k if it was perfect. its slow (even if perfect) compared to what you're used to for sure.


dd
Part of me simply wants to meet the person who has the audacity to ask $7500!
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14 E250 Bluetec 4Matic "Sinclair", Palladium Silver on Black, 154k miles
06 E320 CDI "Rutherford", Black on Tan, 172k mi, Stage 1 tune, tuned TCU
91 300D "Otis", Smoke Silver on Tan, 142k mi, wastegate conversion, ALDA delete

19 Honda CR-V EX 61k mi
Fourteen other MB's owned and sold
1961 Very Tolerant Wife
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  #12  
Old 01-04-2012, 04:56 PM
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That may be an experience alone. So may the real condition of the car one way or another.
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  #13  
Old 01-04-2012, 05:32 PM
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Well, there is what a willing buyer will pay and what a willing seller will accept. I am the original owner of my 240D, have records down to recording every tank of fuel the car ever had with mpg calculated. Car is in really nice shape, but what is the market value? Probably in the $3 to $4K range max that you guys are talking about. However, to me, someone would have have to offer me $7500 for me to let it go. It's worth more to me to keep it than to let it go for what the market says it's worth.
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  #14  
Old 01-04-2012, 05:38 PM
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Quote:
Originally Posted by sokoloff View Post
Well, there is what a willing buyer will pay and what a willing seller will accept. I am the original owner of my 240D, have records down to recording every tank of fuel the car ever had with mpg calculated. Car is in really nice shape, but what is the market value? Probably in the $3 to $4K range max that you guys are talking about. However, to me, someone would have have to offer me $7500 for me to let it go. It's worth more to me to keep it than to let it go for what the market says it's worth.
It's an interesting psychological exercise. I was thinking the other day, "What would I take for my 91 300D if someone just walked up and made an offer?" It's in perfect shape, just under 100,000 miles. It's clearly not WORTH (in market terms) $10,000 but I don't know that I'd TAKE that amount for it. I love the car....and it's now a well-known quantity.
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14 E250 Bluetec 4Matic "Sinclair", Palladium Silver on Black, 154k miles
06 E320 CDI "Rutherford", Black on Tan, 172k mi, Stage 1 tune, tuned TCU
91 300D "Otis", Smoke Silver on Tan, 142k mi, wastegate conversion, ALDA delete

19 Honda CR-V EX 61k mi
Fourteen other MB's owned and sold
1961 Very Tolerant Wife
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  #15  
Old 01-04-2012, 05:41 PM
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To put it in another way....

There seem to be people out there for whom the w123 240d (and to some extent, the 300td) are the only car on the planet. For such people the market value is largely irrelevant.

If you happen to be of that mindset, and you find a really nice example, and I mean truly nice (not fixed up and tarted to just look so), then $7500 might well look like reasonable money.

If there's nowhere else to go, and nothing else you want... what's the alternative?

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2002 e320 4matic estate│1985 300d│1980 300td
Previous: 1979 & 1982 & 1983 300sd │ 1982 240d

“Let's take a drive into the middle of nowhere with a packet of Marlboro lights and talk about our lives.” ― Joseph Heller, Catch-22
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