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#16
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It looks like i will be able to get a 1-2k civic from my family that has been well taken care of. I have driven many W123's without air conditioning, and it really is not a problem, even in Houston's summer. In the morning, windows down works great (not that hot yet),and in on the drive home, i get sweaty right about when i turn into my development. My commute is only 10.3 miles and the traffic is not bad.
I am planning on being completely debt free with my house paid off in less than 5 years. This is a drastic change in lifestyle, but as soon as i am in the position of not having house and car payments, i will be able to save for a very healthy retirement (Compound interest is the 8th wonder of the world) and save a lot of money to be able to buy nice cars in cash. So for me it is a few years of hard work and sacrifice to then be able to enjoy cars in a category that i was only dreaming of. This is not for everyone, as it will be tough to live tight, but it will be worth it in just a few years. For anyone that has not heard of Dave Ramsey, it will change your life. Americans have been brain washed to think that debt is good, and a house and car payment is something that will stick around for your entire life... In short, for anyone still wondering why i am selling it car, it is not because there is something wrong with the car, it is the seller that is crazy. Quote:
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Grey '91 350SDL 214k Dad's car Beige '81 240D 4 Speed 254k SOLD Blue '82 300D 225k SOLD White '95 E300D 46k SOLD Blue '87 190D 2.5 Turbo 315k SOLD Brown '80 240D 4 Speed 716k SOLD Beige '80 300D N/A 119k SOLD Blue '85 300D Model 186k T-Boned |
#17
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$0.02
Dave Ramsey is just like Suze Orman. They preach 'common sense' approach to money and they profit from people who has no idea how to handle money. Debt free is good to a certain extend. Actually debt is good but it all depends on what kind of debt - it is called leverage or using OPM ( Other People's Money ). There is no compound interest to speak of in CD in the last few years. Stock is cyclical and your profit can evaporate just as fast as your compounded gain. It is not a financial forum so I will not dwell on it.
As for selling the car - you will be hard pressed to get $10K, even $8K. $5-6K is a reasonable number for a 18 years car. The low mileage does not worth a lot unless it is fully documented. OTOH, you only need 1 buyer who has the cash and inclination to buy it. They are rare, btw. If you down size the car and $6K is what you may realize then it is not worth the risk and hassle, unless you really need the cash to survive. I suspect you will be better off keeping it as a reliable car to enjoy. Good luck to whatever you decide to do.
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Not MBZ nor A/C trained professional but a die-hard DIY and green engineer. Use the info at your own peril. Picked up 2 Infractions because of disagreements. NOW reversed. W124 Keyless remote, PM for details. http://www.peachparts.com/shopforum/mercedes-used-parts-sale-wanted/334620-fs-w124-chasis-keyless-remote-%2450-shipped.html 1 X 2006 CDI 1 x 87 300SDL 1 x 87 300D 1 x 87 300TDT wagon 1 x 83 300D 1 x 84 190D ( 5 sp ) - All R134 converted + keyless entry. |
#18
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Quote:
Sixto 87 300D |
#19
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Retirement is great -- I recommend it highly!
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Jeremy
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"Buster" in the '95 Our all-Diesel family 1996 E300D (W210) . .338,000 miles Wife's car 2005 E320 CDI . . 113,000 miles My car Santa Rosa population 176,762 (2022) Total. . . . . . . . . . . . 627,762 "Oh lord won't you buy me a Mercedes Benz." -- Janis Joplin, October 1, 1970 |
#20
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I didn't realize a '95 E300 could have a build date as early as 11/93. Sixto 87 300D |
#21
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- JimY |
#22
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Well how much would you sell it for? The color is not that exciting both in and out, especially the lower panels. But it does look nice and well cared for. The "old lady" story is always a red flag for me. I recently got smoked by an old lady driving a Mercedes diesel. Her foot was all in the pedal. If you want 10k it better be a one owner, with dealer records since new, with a solid Carfax. And of course why would you sell a 1995 E300 with 46k? Why would anyone?
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#23
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Quote:
Jeremy
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"Buster" in the '95 Our all-Diesel family 1996 E300D (W210) . .338,000 miles Wife's car 2005 E320 CDI . . 113,000 miles My car Santa Rosa population 176,762 (2022) Total. . . . . . . . . . . . 627,762 "Oh lord won't you buy me a Mercedes Benz." -- Janis Joplin, October 1, 1970 |
#24
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Quote:
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Grey '91 350SDL 214k Dad's car Beige '81 240D 4 Speed 254k SOLD Blue '82 300D 225k SOLD White '95 E300D 46k SOLD Blue '87 190D 2.5 Turbo 315k SOLD Brown '80 240D 4 Speed 716k SOLD Beige '80 300D N/A 119k SOLD Blue '85 300D Model 186k T-Boned |
#25
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Just keep it. You're not going to get a better value out of your transportation dollar.
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#26
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When you do retire debt free you will be looking for another one just like it. Keep it and it may save you money in the long run.
Unless you need the cash to pay off a huge interest debt. |
#27
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Swapping a known good auto to trade down for a lesser quality auto in the hopes of recapturing $5-6K equity might not be your best deal over a 2 or 3 year period. How much more are your likely repair costs with the replacement cheaper vehicle than the one you own? The MB might turn out to be the less expensive ride per mile? If you were cruising in a $25-30K car the swap down might make more sense, expecially if you were making payments on an auto loan. Good luck with whichever choice you make. I've lived a lot (not all) of what Ramsey preaches and it definately improves one's balance sheet. The last dismal financial decade has been a wet towel on most folk's financial growth plan and the compounding interest has gone to pot with the current Federal Reserve's polocies.
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You can't always get what you want, but if you try sometime you just might find you get what you need. |
#28
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you could always insure if for agreed value.
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John HAUL AWAY, OR CRUSHED CARS!!! HELP ME keep the cars out of the crusher! A/C Thread "as I ride with my a/c on... I have fond memories of sweaty oily saturdays and spewing R12 into the air. THANKS for all you do! My drivers: 1987 190D 2.5Turbo 1987 190D 2.5Turbo 1987 190D 2.5-5SPEED!!! 1987 300TD 1987 300TD 1994GMC 2500 6.5Turbo truck... I had to put the ladder somewhere! |
#29
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hmmmmm
No offense intended to the OP/current owner, but this is one of my favorite quotes of someone selling a car...
I would venture to say this statement is true for every car on the road, yet I see it on CL all the time.
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1968 220D, w115, /8, OM615, Automatic transmission. My 1987 300TD wagon was sold and my 2003 W210 E320 wagon was totaled (sheds tear). |
#30
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Quote:
[edit] Oh, dang, that's a big picture! Sixto 87 300D |
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