Parts Catalog Accessories Catalog How To Articles Tech Forums
Call Pelican Parts at 888-280-7799
Shopping Cart Cart | Project List | Order Status | Help



Go Back   PeachParts Mercedes-Benz Forum > Mercedes-Benz Tech Information and Support > Diesel Discussion

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 08-30-2013, 09:06 AM
Registered User
 
Join Date: Jul 2004
Location: Barrington, RI
Posts: 5,621
How much will COMPLETE service records add to resale value?

I was glad to find out that the MB dealer who sold and serviced the 1990 190e I recently acquired is willing to produce a COMPLETE set of service records (all 23 years) for the work done on the car. MB will give it to the old owner, the old owner will walk it across the street to me. Needless to say, this will be of help and interest to me during my period of ownership. More importantly, it will be a strong selling point.

Anyone care to put a dollar amount as to how much complete dealer service records would be worth?

__________________
06 E320 CDI "Benson", Platinum Blue, 178k mi
06 E320 CDI "Rutherford", Black, 150k mi
91 300D "Otis", Smoke Silver, 132k mi

19 Honda CR-V EX 9k mi
Thirteen other MB's owned and sold
1961 Very Tolerant Wife
Reply With Quote
  #2  
Old 08-30-2013, 09:11 AM
Stretch's Avatar
...like a shield of steel
 
Join Date: Sep 2009
Location: Somewhere in the Netherlands
Posts: 14,461
A bit difficult to say 'cos service history records aren't everything but for most cars I'd say between 10% and 20% increase. For some exotic / expensive vehicles it will be way way more. Take a look at the prices for W140s for example. Here in Holland I can get a shed for about 2000 euros but a decent one with documentation will cost closer to 10,000 euros (but then condition plays a big part in the price)
__________________
1992 W201 190E 1.8 171,000 km - Daily driver
1981 W123 300D ~ 100,000 miles / 160,000 km - project car stripped to the bone
1965 Land Rover Series 2a Station Wagon CIS recovery therapy!
1961 Volvo PV544 Bare metal rat rod-ish thing

I'm here to chat about cars and to help others - I'm not here "to always be right" like an internet warrior



Don't leave that there - I'll take it to bits!
Reply With Quote
  #3  
Old 08-30-2013, 09:54 AM
Jeremy5848's Avatar
Registered Biodiesel User
 
Join Date: Mar 2006
Location: Sonoma Wine Country
Posts: 8,394
It also depends on the buyer and his plans for the car. Some care, some don't. For that car you could at least ask another $1000 but be prepared to negotiate. The records allow you to be more firm with whatever price you set.
__________________

"Buster" in the '95

Our all-biodiesel family
1995 E300D (W124) . .239,000 miles My car
1996 E300D (W210) . .313,000 miles Wife's car
Santa Rosa population 170,685 (2012)
Total. . . . . . . . . . . . 722,685
"Oh lord won't you buy me a Mercedes Benz."
-- Janis Joplin, October 1, 1970
Reply With Quote
  #4  
Old 08-30-2013, 10:19 AM
Registered User
 
Join Date: Sep 2006
Location: Middle TN
Posts: 3,827
I don't care about records unless they indicate major work. A transmission replaced 50,000 mi ago has value if quality is documented. A clean car that has obviously been maintained is worth more than an uncared for car with records.

PO of my 84 SD made big deal about a new master cylinder. Front pads, calipers and hoses were shot. Front shocks were new, rears were shot. Records indicated that he over paid and couldn't ford a complete job.
__________________
85SD 240K & stopped counting getting paint. 84SD 180,000. Probably up for sale in the fall 2020. 85TD beginning to repair to DD status.
Reply With Quote
  #5  
Old 08-30-2013, 11:29 AM
Registered User
 
Join Date: Mar 2009
Location: San Diego
Posts: 3,064
I never care.

How about $10K?

On the other hand, if you do a PPI then it does not really matter. My 2 SDL had stack of documents but I NEVER look them thru. The bottom line is that it might be of interest to buyer if the car has 350K and record shows engine or tranny were replaced in the last 100K or so. I meant interest not bump up prices. All others repairs are costs of ownership or bad workmanship if something fails prematurely.
__________________
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.
Reply With Quote
  #6  
Old 08-30-2013, 12:18 PM
Zacharias's Avatar
Not so amused
 
Join Date: Apr 2010
Location: West Quebec
Posts: 4,025
The advantage in your case is that if the dealer produces them, you can probably be assured nothing is missing. A paper file of receipts can be "edited" to remove negative references (for example, three trips in the previous year for "loses power suddenly... stalls out and won't restart... no fault found" or something like that).

A complete file like that would motivate me to pursue a particular car, all things otherwise being equal. In the end, however, the purchaser has to still want that car. A file of receipts won't sell it alone. But knowing that repairs have seen factory parts installed is a bonus for me.

Hard to assign a dollar value to that. Given that the car looked very clean in the pics you posted, I would say the records will enable you to pursue a top-of-market price for it.

If you have an in to marketing to the local MBCA crowd, I suspect that history will do you wonders, tho....
__________________


Mac
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
Reply With Quote
  #7  
Old 08-30-2013, 12:29 PM
Registered User
 
Join Date: Mar 2009
Location: San Diego
Posts: 3,064
Quote:
Originally Posted by Zacharias View Post
The advantage in your case is that if the dealer produces them, you can probably be assured nothing is missing. A paper file of receipts can be "edited" to remove negative references (for example, three trips in the previous year for "loses power suddenly... stalls out and won't restart... no fault found" or something like that).
Fraud, not full disclosure? It is not exactly illegal but frowned upon. One may conveniently forgot things to tell the buyer but editing out issue is blatantly lie. It has a paper trail and can get you into trouble or reverse the sale. Luckily I do not look for used cars in Quebec.
__________________
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.
Reply With Quote
  #8  
Old 08-30-2013, 12:41 PM
daw_two's Avatar
diesel enthusiast
 
Join Date: Jan 2007
Location: Germantown, TN
Posts: 5,444
just depends

Depends on the work, buyer, and seller.

Do you think me having the receipt from 2002 where the engine was replaced and the transmission was rebuilt adds value to my 1987 300SDL? It has a #22 head.

Yeah, I think that one receipt adds about $1500-$2000 to the sale price.

__________________
daw_two
Germantown, TN

Links:
Current Car --- 05/2012 1984 300D Light Ivory, Red interior
Cluster Needles Paint
New Old Stock (NOS) parts

Past:
3/2008 1986 300SDL "Coda"
04/2010 1965 190D(c) "Ben"
& many more
Reply With Quote
  #9  
Old 08-30-2013, 12:47 PM
JimFreeh's Avatar
Benz addict
 
Join Date: Mar 2007
Location: Hampton Roads, Virginia
Posts: 3,360
If you have the ability to read people, it's not hard to tell if they are being honest or evasive. For a moderately priced car, a full history that shows consistent care is worth between 1 and 2k dollars over the value of one without any records.

Owners who have records are usually much more in tune with their cars, and I've found the cars with records to be in the best shape overall. As an aside, your level of enthusiasm for the car can help make the sale at a better price point, since the owner may be looking to ensure that the next owner will continue to care for the car as they did.

I've bought both ways (with/without), but a top dollar offer will require significant "proof" of the car's history.

I have a friend who is fanactical about servicing his cars. Over the years, I've purchased three of his Mercedes, and steered my cousin to one of his as well. My wife kids me about seeking out particular owners, not particular cars. BTW, all four were (and are) fantastic cars.

Jim
__________________
14 E250 BlueTEC black. 45k miles
95 E320 Cabriolet Emerald green 66k miles
94 E320 Cabriolet Emerald green 152k miles
85 300TD 4 spd man, euro bumpers and lights, 15" Pentas dark blue 274k miles
Reply With Quote
  #10  
Old 08-30-2013, 12:56 PM
Registered User
 
Join Date: Jul 2004
Location: Barrington, RI
Posts: 5,621
Just one example on this particular car....the head gasket was recently done. So new owner won't have to worry about it for another 100k miles, i.e not fear that he'll need to drop $1500 in the near future. It's one thing for an unknown person to CLAIM the head gasket's been done, quite another to document it. So that sort of thing has to add value.
__________________
06 E320 CDI "Benson", Platinum Blue, 178k mi
06 E320 CDI "Rutherford", Black, 150k mi
91 300D "Otis", Smoke Silver, 132k mi

19 Honda CR-V EX 9k mi
Thirteen other MB's owned and sold
1961 Very Tolerant Wife
Reply With Quote
  #11  
Old 08-30-2013, 02:53 PM
Registered User
 
Join Date: Feb 2011
Location: Redding, California
Posts: 228
Quote:
Originally Posted by shertex View Post
It's one thing for an unknown person to CLAIM the head gasket's been done, quite another to document it. So that sort of thing has to add value.
Wouldn't add any value for me. I've owned cars for over 60 years and Mercedes diesels for over 35 years and have NEVER had to replace a head gasket. I wouldn't expect to have to in one I purchased if there were no signs of head gasket failure. It would be different for a component subject to wear such as a transmission or radiator. It would also be different if it's a rebuilt or new motor, or a rebuilt head. Or anything which extends the anticipated life of the vehicle.
Reply With Quote
  #12  
Old 08-30-2013, 03:17 PM
Registered User
 
Join Date: Jul 2004
Location: Barrington, RI
Posts: 5,621
Quote:
Originally Posted by Bob338 View Post
Wouldn't add any value for me. I've owned cars for over 60 years and Mercedes diesels for over 35 years and have NEVER had to replace a head gasket. I wouldn't expect to have to in one I purchased if there were no signs of head gasket failure. It would be different for a component subject to wear such as a transmission or radiator. It would also be different if it's a rebuilt or new motor, or a rebuilt head. Or anything which extends the anticipated life of the vehicle.
On the M103 engine (or perhaps it's the M104) it's fairly common experience to have to replace them every 100k miles. But glad you've never had to contend with a head gasket. Just had to have it done on my 92 300D at 245k miles.
__________________
06 E320 CDI "Benson", Platinum Blue, 178k mi
06 E320 CDI "Rutherford", Black, 150k mi
91 300D "Otis", Smoke Silver, 132k mi

19 Honda CR-V EX 9k mi
Thirteen other MB's owned and sold
1961 Very Tolerant Wife
Reply With Quote
  #13  
Old 08-30-2013, 03:53 PM
eatont9999's Avatar
Registered User
 
Join Date: Jan 2012
Location: Dallas, TX
Posts: 1,948
Condition of the car as it stands now is most important to me. Records do make me feel better about purchasing it and maybe I will be closer to your asking price but I don't put a dollar value on it.
__________________
1991 F250 super-cab 7.3 IDI. (rebuilt by me) Banks Sidewinder turbo, hydroboost brakes, new IP and injectors.
2003 S430 - 107K
1983 300SD - Tanoshii - mostly restored ~400K+.
1983 300SD - Good interior. Engine finally tamed ~250K.
Monark Nozzle Install Video - http://tinyurl.com/ptd2tge
Reply With Quote
  #14  
Old 08-30-2013, 05:26 PM
sixto's Avatar
smoke gets in your eyes
 
Join Date: Jun 2000
Location: SF Bay Area
Posts: 20,800
Records are useful:

- when you flip... er... resell a car you haven't owned for very long

- to support your claim that maintenance hasn't been deferred such as an M103 head gasket

- when a buyer compares your car to a similar car without service records

So rather than make the car worth more, it makes the car worthwhile to a different class of buyer.

Sixto
87 300D
Reply With Quote
  #15  
Old 08-30-2013, 05:54 PM
t walgamuth's Avatar
dieselarchitect
 
Join Date: Apr 2005
Location: Lafayette Indiana
Posts: 36,282
I got "comlete" records from the dealer once but after i looked at them I could see they did not do all the work that had been done on the car.

__________________
[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 10:20 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2018 Pelican Parts, LLC - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page