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Downward Price Pressure?
I was interested to see today an 05 CDI on Craigslist, apparently in all-round excellent condition, 160k miles, for $10,995 OBO. That (i.e. the combination of mileage and price) struck me as significant.
Just so we're clear: You can now get a NON high mileage CDI for ten grand. So how does that impact W210 pricing? And how does that impact W124 pricing? What a fun time to be an MB diesel buyer!
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14 E250 Bluetec "Sinclair", Palladium Silver on Black, 153k miles 06 E320 CDI "Rutherford", Black on Tan, 171k mi, Stage 1 tune, tuned TCU 91 300D "Otis", Smoke Silver, 142k mi, wastegate conversion 19 Honda CR-V EX 61k mi Fourteen other MB's owned and sold 1961 Very Tolerant Wife |
#2
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also 10,995 is 11 grand, not 10. |
#3
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"Senior Luna, your sense of humor is still loco... but we love it, anyway." -rickymay ____ "Your sense of humor is still loco... " -MBeige ____ "Señor Luna, your sense of humor is quite järjetön" -Delibes 1982 300SD -- 211k, Texas car, tranny issues ____ 1979 240D 4-speed 234k -- turbo and tuned IP, third world taxi hot rod 2 Samuel 12:13: "David said to Nathan, “I have sinned against the Lord.” And Nathan said to David, “The Lord also has put away your sin; you shall not die." |
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"Not anywhere near as shade tree mechanic friendly" is the key phrase here.
Happy Motoring, Mark
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DrDKW |
#5
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To answer shertex's question, I could see that CDI prices going down might affect the W210 a little bit, but I think that the W124 and W123 are so old that they won't be affected by CDIs anymore -- they've pretty much hit rock bottom in terms of depreciation.
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"Senior Luna, your sense of humor is still loco... but we love it, anyway." -rickymay ____ "Your sense of humor is still loco... " -MBeige ____ "Señor Luna, your sense of humor is quite järjetön" -Delibes 1982 300SD -- 211k, Texas car, tranny issues ____ 1979 240D 4-speed 234k -- turbo and tuned IP, third world taxi hot rod 2 Samuel 12:13: "David said to Nathan, “I have sinned against the Lord.” And Nathan said to David, “The Lord also has put away your sin; you shall not die." |
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I think it speaks more to the complexity of newer cars. Something happens to that transmission, or turbo, or fuel injection system...or a myriad of other systems and an 05 it's big money to fix.
There W123's that frequently fetch 10 grand and more. They are more durable and easier to fix. An 05 is decades away from being something people have a respect for like they do a car from the 50's, 60's, 7's...and the 80's are now falling into that arena. Modern cars, may struggle to get that kind of passion going, but there will always be those that do. Mercedes' reputation also was struggling during the whole DaimlerChrysler era.
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1983 W123 300TD US spec Turbo engine, with Euro bumpers and manual climate control, and manual transmission. |
#7
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I'm simply making the point the prices are really starting to come down across the board.... Which I guess is what we would expect over time.
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14 E250 Bluetec "Sinclair", Palladium Silver on Black, 153k miles 06 E320 CDI "Rutherford", Black on Tan, 171k mi, Stage 1 tune, tuned TCU 91 300D "Otis", Smoke Silver, 142k mi, wastegate conversion 19 Honda CR-V EX 61k mi Fourteen other MB's owned and sold 1961 Very Tolerant Wife |
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...but CDIs in the same condition as the $10k W123s are a whole lot expensive.
__________________
"Senior Luna, your sense of humor is still loco... but we love it, anyway." -rickymay ____ "Your sense of humor is still loco... " -MBeige ____ "Señor Luna, your sense of humor is quite järjetön" -Delibes 1982 300SD -- 211k, Texas car, tranny issues ____ 1979 240D 4-speed 234k -- turbo and tuned IP, third world taxi hot rod 2 Samuel 12:13: "David said to Nathan, “I have sinned against the Lord.” And Nathan said to David, “The Lord also has put away your sin; you shall not die." |
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Agree, I'm seeing a lot of newer (1998-up) cars, not necessarily MB, in the junkyards with no sign of serious body damage. Apparently those cars, by now on owner #2 or #3, had some kind of engine or transmission problem deemed too expensive to fix. When people can get a new or used car loan for 5% or whatever it is these days, it's hard to justify several thousand dollars in repairs when one can get a new or newer car for a few hundred a month in loan payments.
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 Last edited by Jeremy5848; 05-03-2014 at 09:51 PM. Reason: Fix typo |
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Just so we're clear: what mileage is HIGH mileage on a CDI to you, at any price? |
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And others have called 200K, "the 'NEW' 100K". Happy Motoring, Mark
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DrDKW |
#13
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"160K miles," is never "low-mileage," for any car. Where the OP came up with that one - well, he's going to have to explain where he did......lol |
#14
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Sure it is. For a 123.
- Peter.
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2021 Chevrolet Spark Formerly... 2000 GMC Sonoma 1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021 2002 Kia Rio. Worst crap on four wheels 1981 240D 4spd stick. 389000 miles. 1984 123 200 1979 116 280S 1972 Cadillac Sedan DeVille 1971 108 280S |
#15
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Perhaps to you it is, but "160K" is not "low-miles."
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