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  #1  
Old 05-03-2014, 04:39 PM
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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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  #2  
Old 05-03-2014, 09:05 PM
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Quote:
Originally Posted by shertex View Post
Just so we're clear: You can now get a NON high mileage CDI for ten grand.
not to be a debbie downer, but.... 160k seems like a lot of miles to me for a 9 year old car. i've found that folks who drive a ton of miles on a brand new car often don't follow the maintenance schedule too closely. and 160k is right around the time the car will need some serious maintenance attention. and these newer models are not anywhere near as shade tree mechanic friendly as the older ones were.

also 10,995 is 11 grand, not 10.
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  #3  
Old 05-03-2014, 09:31 PM
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Originally Posted by torsionbar View Post
not to be a debbie downer, but.... 160k seems like a lot of miles to me for a 9 year old car. i've found that folks who drive a ton of miles on a brand new car often don't follow the maintenance schedule too closely. and 160k is right around the time the car will need some serious maintenance attention. and these newer models are not anywhere near as shade tree mechanic friendly as the older ones were.

also 10,995 is 11 grand, not 10.
160k in 9 years = ~17,800 miles/year. That's not so much.
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  #4  
Old 05-03-2014, 09:41 PM
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"Not anywhere near as shade tree mechanic friendly" is the key phrase here.

Happy Motoring, Mark
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  #5  
Old 05-03-2014, 09:43 PM
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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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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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  #6  
Old 05-03-2014, 09:44 PM
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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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  #7  
Old 05-03-2014, 09:49 PM
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Quote:
Originally Posted by torsionbar View Post
not to be a debbie downer, but.... 160k seems like a lot of miles to me for a 9 year old car. i've found that folks who drive a ton of miles on a brand new car often don't follow the maintenance schedule too closely. and 160k is right around the time the car will need some serious maintenance attention. and these newer models are not anywhere near as shade tree mechanic friendly as the older ones were.

also 10,995 is 11 grand, not 10.
The lister is open to offers… Which tells me it can be had for 10 grand. Compared to the other CDI's that are out there, this is reasonably low mileage. From what I can tell from the ad, the owner has stayed on top of the maintenance.

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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06 E320 CDI "Rutherford", Black on Tan, 171k mi, Stage 1 tune, tuned TCU
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19 Honda CR-V EX 61k mi
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  #8  
Old 05-03-2014, 09:50 PM
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...but CDIs in the same condition as the $10k W123s are a whole lot expensive.
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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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  #9  
Old 05-03-2014, 09:50 PM
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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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Last edited by Jeremy5848; 05-03-2014 at 09:51 PM. Reason: Fix typo
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  #10  
Old 05-03-2014, 10:39 PM
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Quote:
Originally Posted by shertex View Post
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!
Well, if "160K miles" to you, is; "low miles," I guess you're in a far different place in regards; "low miles," than me.

Just so we're clear: what mileage is HIGH mileage on a CDI to you, at any price?
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  #11  
Old 05-03-2014, 10:59 PM
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Quote:
Originally Posted by torsionbar View Post
not to be a debbie downer, but.... 160k seems like a lot of miles to me for a 9 year old car. i've found that folks who drive a ton of miles on a brand new car often don't follow the maintenance schedule too closely. and 160k is right around the time the car will need some serious maintenance attention. and these newer models are not anywhere near as shade tree mechanic friendly as the older ones were.

also 10,995 is 11 grand, not 10.
"160k" on ANY car is NOT low miles.

Quote:
Originally Posted by shertex View Post
The lister is open to offers… Which tells me it can be had for 10 grand. Compared to the other CDI's that are out there, this is reasonably low mileage. From what I can tell from the ad, the owner has stayed on top of the maintenance.

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.
If you want reality in pricing, go with; KBB or NADA. ANY car with "160K miles," is NOT low miles. At ANY price. Which is simply the point I'm making.
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  #12  
Old 05-04-2014, 12:35 AM
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Originally Posted by Skid Row Joe View Post
"160k" on ANY car is NOT low miles.

If you want reality in pricing, go with; KBB or NADA. ANY car with "160K miles," is NOT low miles. At ANY price. Which is simply the point I'm making.
Well, some consider that 'low' for 33 year-old car.
And others have called 200K, "the 'NEW' 100K".

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  #13  
Old 05-04-2014, 01:09 AM
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Originally Posted by Mark DiSilvestro View Post
Well, some consider that 'low' for 33 year-old car.
And others have called 200K, "the 'NEW' 100K".

Happy Motoring, Mark
There is no " 'NEW' 100K". 100K, is 100K. It always has been too...

"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
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  #14  
Old 05-04-2014, 01:27 AM
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Originally Posted by Skid Row Joe View Post
"160k" on ANY car is NOT low miles.
Sure it is. For a 123.

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  #15  
Old 05-04-2014, 01:35 AM
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Originally Posted by pj67coll View Post
Sure it is. For a 123.

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Perhaps to you it is, but "160K" is not "low-miles."

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